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NASDAQ:MRVI

Maravai LifeSciences (MRVI) Stock Price, News & Analysis

$9.05
+0.41 (+4.75%)
(As of 09/6/2024 ET)
Today's Range
$8.66
$9.60
50-Day Range
$6.84
$9.73
52-Week Range
$4.52
$11.56
Volume
3.31 million shs
Average Volume
2.41 million shs
Market Capitalization
$2.28 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.78

Maravai LifeSciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
19.1% Upside
$10.78 Price Target
Short Interest
Healthy
3.35% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.23
Upright™ Environmental Score
News Sentiment
0.98mentions of Maravai LifeSciences in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.17) to ($0.15) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.13 out of 5 stars

Medical Sector

145th out of 910 stocks

Pharmaceutical Preparations Industry

53rd out of 426 stocks

MRVI stock logo

About Maravai LifeSciences Stock (NASDAQ:MRVI)

Maravai LifeSciences Holdings, Inc., a life sciences company, provides products to enable the development of drug therapies, diagnostics, novel vaccines, and support research on human diseases worldwide. The company's products address the key phases of biopharmaceutical development and include nucleic acids for diagnostic and therapeutic applications, antibody-based products to detect impurities during the production of biopharmaceutical products, and products to detect the expression of proteins in tissues of various species. It operates in two segments, Nucleic Acid Production and Biologics Safety Testing. The Nucleic Acid Production segment manufactures and sells products for use in the fields of gene therapy, vaccines, nucleoside chemistry, oligonucleotide therapy, and molecular diagnostics, including reagents used in the chemical synthesis, modification, labelling, and purification of deoxyribonucleic acid (DNA) and ribonucleic acid (RNA). This segment also offers messenger RNA, oligonucleotides, and oligonucleotide building blocks, as well as custom enzyme development and manufacturing and CleanCap capping technology. The Biologics Safety Testing segment sells analytical products for use in biologic manufacturing process development, including custom product-specific development antibody, and assay development services. This segment also provides HCP ELISA kits, other bioprocess impurity and contaminant ELISA kits, ancillary reagents, viral clearance prediction kits, and custom services. The company serves biopharmaceutical companies, and other biopharmaceutical and life sciences research companies; and academic research institutions and in vitro diagnostics companies. The company was incorporated in 2020 and is headquartered in San Diego, California.

MRVI Stock Price History

MRVI Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
MRVI Quantitative Stock Analysis
CURE Sep 2024 124.000 call (CURE240920C00124000)
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:MRVI
Fax
N/A
Employees
650
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.78
High Stock Price Target
$15.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+19.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$-119,030,000.00
Pretax Margin
214.04%

Debt

Sales & Book Value

Annual Sales
$278.59 million
Cash Flow
$0.09 per share
Book Value
$3.08 per share

Miscellaneous

Free Float
250,338,000
Market Cap
$2.28 billion
Optionable
Optionable
Beta
0.01
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Key Executives

  • Mr. Carl W. Hull (Age 65)
    Co-Founder & Executive Chairman
    Comp: $617.67k
  • Mr. William E. Martin III (Age 49)
    Chief Executive Officer
    Comp: $987.86k
  • Mr. Kevin M. Herde (Age 52)
    Executive VP & CFO
    Comp: $548.62k
  • Dr. Peter Michael Leddy Ph.D. (Age 61)
    Executive VP & Chief Administrative Officer
    Comp: $583.39k
  • Ms. Christine Dolan (Age 56)
    Executive VP & GM of Cygnus Technologies
    Comp: $536.63k
  • Mr. Andrew Burch (Age 55)
    President of Nucleic Acid Production
    Comp: $425.15k
  • Ms. Debra Hart
    Senior Director of Investor Relations
  • Mr. Kurt Oreshack (Age 43)
    Executive VP, General Counsel & Secretary
    Comp: $701.4k
  • Ms. Rebecca Buzzeo
    Executive VP & Chief Commercial Officer
  • Dr. Kate E. Broderick Ph.D.
    Chief Innovation Officer

MRVI Stock Analysis - Frequently Asked Questions

How have MRVI shares performed this year?

Maravai LifeSciences' stock was trading at $6.55 at the beginning of 2024. Since then, MRVI shares have increased by 38.2% and is now trading at $9.05.
View the best growth stocks for 2024 here
.

How were Maravai LifeSciences' earnings last quarter?

Maravai LifeSciences Holdings, Inc. (NASDAQ:MRVI) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.08) earnings per share for the quarter. The company's quarterly revenue was up 6.5% on a year-over-year basis.

When did Maravai LifeSciences IPO?

Maravai LifeSciences (MRVI) raised $1.3 billion in an IPO on Friday, November 20th 2020. The company issued 50,000,000 shares at a price of $24.00-$27.00 per share. Morgan Stanley, Jefferies and Goldman Sachs acted as the underwriters for the IPO and BofA Securities, Credit Suisse, UBS Investment Bank, Baird, William Blair, Stifel, Keybanc Securities, Academy Securities, Loop Capital Markets, Penserra Securities and Tigress Financial Partners were co-managers.

Who are Maravai LifeSciences' major shareholders?

Maravai LifeSciences' top institutional shareholders include Gtcr LLC (8.00%), Millennium Management LLC (2.37%), Mackenzie Financial Corp (2.33%) and Massachusetts Financial Services Co. MA (1.81%).
View institutional ownership trends
.

How do I buy shares of Maravai LifeSciences?

Shares of MRVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MRVI) was last updated on 9/7/2024 by MarketBeat.com Staff

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