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Upturn stock ratingUpturn stock rating
MGTX logo

MeiraGTx Holdings PLC (MGTX)

Upturn stock ratingUpturn stock rating
$6.16
Delayed price
Profit since last BUY-21.73%
upturn advisory
WEAK BUY
BUY since 12 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: MGTX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -66.32%
Avg. Invested days 31
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 501.52M USD
Price to earnings Ratio -
1Y Target Price 23.6
Price to earnings Ratio -
1Y Target Price 23.6
Volume (30-day avg) 695087
Beta 1.24
52 Weeks Range 3.85 - 8.75
Updated Date 04/2/2025
52 Weeks Range 3.85 - 8.75
Updated Date 04/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -2.12

Earnings Date

Report Date 2025-03-12
When Before Market
Estimate -0.56
Actual -0.5

Profitability

Profit Margin -
Operating Margin (TTM) -147.22%

Management Effectiveness

Return on Assets (TTM) -34.41%
Return on Equity (TTM) -143.48%

Valuation

Trailing PE -
Forward PE 40.98
Enterprise Value 466884405
Price to Sales(TTM) 15.07
Enterprise Value 466884405
Price to Sales(TTM) 15.07
Enterprise Value to Revenue 14.03
Enterprise Value to EBITDA -3.29
Shares Outstanding 78854896
Shares Floating 31236017
Shares Outstanding 78854896
Shares Floating 31236017
Percent Insiders 39.24
Percent Institutions 58.89

Analyst Ratings

Rating 4.6
Target Price 21
Buy 2
Strong Buy 3
Buy 2
Strong Buy 3
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

MeiraGTx Holdings PLC

stock logo

Company Overview

overview logo History and Background

MeiraGTx Holdings PLC is a gene therapy company founded in 2015. It focuses on developing and commercializing gene therapies for serious diseases. It has partnerships with Johnson & Johnson and Sanofi.

business area logo Core Business Areas

  • Ophthalmology: Developing gene therapies for inherited retinal diseases.
  • Salivary Gland Disease: Developing gene therapies for radiation-induced xerostomia.
  • Neurodegenerative Diseases: Developing gene therapies for neurodegenerative diseases such as Parkinson's Disease and ALS.

leadership logo Leadership and Structure

Alexandria Forbes is the President and CEO. The company has a board of directors overseeing strategic direction.

Top Products and Market Share

overview logo Key Offerings

  • AAV-RPGR: Gene therapy for X-linked retinitis pigmentosa (XLRP). Currently in clinical development. Competitors include Spark Therapeutics (Roche).
  • AAV2-hAQP1: Gene therapy for radiation-induced xerostomia. Currently in clinical development. Limited competition in this niche area.
  • Virally transduced MSC-NTF cells (PD-101/NMTsig):: Gene therapy for Parkinson's Disease. Competitors include Neuronyx.

Market Dynamics

industry overview logo Industry Overview

The gene therapy industry is rapidly growing, with increasing investment and regulatory approvals. The industry is highly competitive.

Positioning

MeiraGTx is a mid-sized player focused on specific rare diseases with strong partnerships. Its competitive advantages include its technology platform and collaboration network.

Total Addressable Market (TAM)

The gene therapy market is projected to reach billions of dollars. MeiraGTx is targeting specific diseases within this larger market.

Upturn SWOT Analysis

Strengths

  • Strong partnerships with Johnson & Johnson and Sanofi
  • Proprietary gene therapy platform
  • Focus on rare and underserved diseases
  • Experienced management team

Weaknesses

  • Dependence on clinical trial success
  • High cash burn rate
  • Limited commercial infrastructure
  • Small market capitalization

Opportunities

  • Positive clinical trial results
  • Regulatory approvals for its gene therapies
  • Expansion into new disease areas
  • Potential for acquisitions or partnerships

Threats

  • Clinical trial failures
  • Regulatory setbacks
  • Competition from larger pharmaceutical companies
  • Financing risks

Competitors and Market Share

competitor logo Key Competitors

  • SNY
  • LLY
  • RHHBY

Competitive Landscape

MeiraGTx competes with larger pharmaceutical companies in the gene therapy space. Its advantages are its focus on specific rare diseases and strong partnerships. Disadvantages include limited resources compared to competitors.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Growth has been driven by pipeline development and partnerships.

Future Projections: Future growth depends on clinical trial success and regulatory approvals for its lead gene therapy candidates. Analyst estimates vary widely.

Recent Initiatives: Advancing clinical trials for XLRP and radiation-induced xerostomia. Expanding collaborations to new disease areas.

Summary

MeiraGTx is a gene therapy company with promising partnerships and a focus on rare diseases. Its success depends heavily on clinical trial outcomes and regulatory approvals. The company is pre-revenue, resulting in net losses. It needs to manage its cash burn rate carefully.

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Sources and Disclaimers

Data Sources:

  • Company website
  • SEC filings
  • Analyst reports
  • Industry publications

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and due diligence.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About MeiraGTx Holdings PLC

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2018-06-08
CEO, President & Director Dr. Alexandria Forbes Ph.D.
Sector Healthcare
Industry Biotechnology
Full time employees 375
Full time employees 375

MeiraGTx Holdings plc, a clinical stage genetics medicines company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases; neurodegenerative diseases; and xerostomia. It is also developing AAV-AQP1 in Phase 2 trial for radiation-induced grade 2/3 radiation-induced xerostomia, as well as in Phase ½ trial for Sjogren's syndrome; AAV-GAD in Phase 2 trial for Parkinson's disease; AAV-RPE65 in Phase 2 trial for RPE65-associated retinal dystrophy; and AAV-CNGB3 and AAV-CNGA3, which are both in Phase 2 trial for achromatopsia, as well as offers AAV-AIPL1 for Leber congenital amaurosis (LCA) 4. In addition, the company's products under preclinical development include AAV-RDH12 for retinol dehydrogenase 12 mutation-associated retinal dystrophy; AAV-BBS10 for Bardet-Biedl syndrome (BBS) due to BBS10 mutations; AAV-RetGC for LCA type 1; and AAV-UPF1 for amyotrophic lateral sclerosis, as well as programs for Alzheimer's disease, and wet and dry neovascular age related macular degeneration. Further, it provides riboswitch platform for the delivery of metabolic peptides; and cell therapies for oncology, autoimmune disease, and long term intractable pain. The company has collaborations with Johnson & Johnson Innovative Medicine for the research, development, and commercialization of gene therapies for the treatment of inherited retinal disease; and Hologen Limited for the research, development, manufacture, and commercialization of AAV-GAD investigational gene therapy for the treatment of Parkinson's disease, AAV-BDNF investigational gene therapy for genetic obesity disorders, and other genetic medicines to the central nervous system. MeiraGTx Holdings plc was founded in 2015 and is based in New York, New York.

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