Brokerages Set Mersana Therapeutics, Inc. Price Target at 6.00
MRSN Stock | USD 2.68 0.20 8.06% |
About 57% of all Mersana Therapeutics' investors are looking to take a long position. The analysis of the overall investor sentiment regarding Mersana Therapeutics suggests that some traders are interested. Mersana Therapeutics' investing sentiment overview a quick insight into current market opportunities from investing in Mersana Therapeutics. Many technical investors use Mersana Therapeutics stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Mersana |
Mersana Therapeutics, Inc. has been assigned a consensus recommendation of Moderate Buy from the eight ratings firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on
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Mersana Therapeutics Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Mersana Therapeutics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Mersana Therapeutics Fundamental Analysis
We analyze Mersana Therapeutics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mersana Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mersana Therapeutics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Mersana Therapeutics is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Mersana Therapeutics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mersana Therapeutics stock to make a market-neutral strategy. Peer analysis of Mersana Therapeutics could also be used in its relative valuation, which is a method of valuing Mersana Therapeutics by comparing valuation metrics with similar companies.
Peers
Mersana Therapeutics Related Equities
XFOR | X4 Pharmaceuticals | 13.54 | ||||
RLAY | Relay Therapeutics | 12.42 | ||||
RCUS | Arcus Biosciences | 3.10 | ||||
MRUS | Merus BV | 0.58 | ||||
ABOS | Acumen Pharmaceuticals | 0.46 | ||||
CGEM | Cullinan Oncology | 0.24 | ||||
DAWN | Day One | 0.45 | ||||
INZY | Inozyme Pharma | 0.67 | ||||
KURA | Kura Oncology | 0.87 | ||||
PTGX | Protagonist Therapeutics | 1.44 | ||||
REPL | Replimune | 1.56 | ||||
RVMD | Revolution Medicines | 1.82 | ||||
VRDN | Viridian Therapeutics | 1.96 | ||||
PLRX | Pliant Therapeutics | 2.20 | ||||
AMLX | Amylyx Pharmaceuticals | 3.10 | ||||
TERN | Terns Pharmaceuticals | 3.18 | ||||
SNDX | Syndax Pharmaceuticals | 4.75 | ||||
HOOK | Hookipa Pharma | 7.88 |
Check out Mersana Therapeutics Hype Analysis, Mersana Therapeutics Correlation and Mersana Therapeutics Performance. To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mersana Therapeutics. If investors know Mersana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mersana Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.60) | Revenue Per Share 0.286 | Quarterly Revenue Growth 0.637 | Return On Assets (0.26) | Return On Equity (2.13) |
The market value of Mersana Therapeutics is measured differently than its book value, which is the value of Mersana that is recorded on the company's balance sheet. Investors also form their own opinion of Mersana Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Mersana Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mersana Therapeutics' market value can be influenced by many factors that don't directly affect Mersana Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mersana Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mersana Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mersana Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.