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Biomea Fusion (BMEA)
NASDAQ:BMEA
Biomea Fusion (BMEA) Stock Price & Analysis
439 Followers
BMEA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.13 - $43.69
Previous Close$10.85
Volume321.68K
Average Volume (3M)1.05M
Market Cap
$396.58M
Enterprise Value$202.40M
Total Cash (Recent Filing)$199.09M
Total Debt (Recent Filing)$12.09M
Price to Earnings (P/E)-3.1
Beta0.06
Next Earnings
May 13, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.46
Shares Outstanding35,889,360
10 Day Avg. Volume919,115
30 Day Avg. Volume1,052,338
Standard Deviation0.40
R-Squared0.00483
Alpha0.06
Financial Highlights & Ratios
Price to Book (P/B)1.95
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-4.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue-0.19
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-2.55
Forecast
1Y Price Target
$49.38Price Target Upside346.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Biomea Fusion News
Bulls Say, Bears Say
Bulls Say
Clinical Trial ProgressInitial data from the COVALENT-112 clinical trial shows early improvements in β-cell function in T1D patients treated with BMF-219.
Drug EfficacyPatients showed sustained glycemic control after 22 weeks off treatment with BMF-219, indicating long-term benefits.
Financial StabilityBiomea disclosed favorable full year financial results and maintains a strong cash position to support ongoing clinical trials.
Bears Say
Financial HealthBalance sheet concerns are raised with a runway inside of 12 months, and a going concern noted in the company's 2023 10-K.
Financial PerformanceThe company reported higher than expected losses with EPS of ($0.97) and ($3.44) for the 4Q23 and 2023 full year respectively.
Stock RatingDowngrading to Neutral based on 4Q results showing per share loss and preliminary data from the COV ALENT-112 study being largely uninterpretable.
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Ownership Overview
60.13% Insiders
18.07% Mutual Funds
18.95% Other Institutional Investors
2.84% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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BMEA FAQ
What was Biomea Fusion’s price range in the past 12 months?
Biomea Fusion lowest stock price was $8.13 and its highest was $43.69 in the past 12 months.
What is Biomea Fusion’s market cap?
Currently, no data Available
When is Biomea Fusion’s upcoming earnings report date?
Biomea Fusion’s upcoming earnings report date is May 13, 2024 which is in 19 days.
How were Biomea Fusion’s earnings last quarter?
Biomea Fusion released its earnings results on Apr 01, 2024. The company reported -$0.98 earnings per share for the quarter, missing the consensus estimate of -$0.974 by -$0.006.
Is Biomea Fusion overvalued?
According to Wall Street analysts Biomea Fusion’s price is currently Undervalued.
Does Biomea Fusion pay dividends?
Biomea Fusion does not currently pay dividends.
What is Biomea Fusion’s EPS estimate?
Biomea Fusion’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Biomea Fusion have?
Biomea Fusion has 35,889,360 shares outstanding.
What happened to Biomea Fusion’s price movement after its last earnings report?
Biomea Fusion reported an EPS of -$0.98 in its last earnings report, missing expectations of -$0.974. Following the earnings report the stock price went up 2.341%.
Which hedge fund is a major shareholder of Biomea Fusion?
Among the largest hedge funds holding Biomea Fusion’s share is Baker Bros Advisors LP. It holds Biomea Fusion’s shares valued at 31M.
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Biomea Fusion Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$49.38 (346.88% Upside)
$49.38 (346.88% Upside)
Blogger Sentiment
Bullish
BMEA Sentiment 83%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 301.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-60.54%
12-Months-Change
Fundamentals
Return on Equity
-84.42%
Trailing 12-Months
Asset Growth
53.98%
Trailing 12-Months
Company Description
Biomea Fusion
Biomea Fusion Inc is a preclinical-stage biopharmaceutical company. It is focused on the discovery, development and commercialization of irreversible small molecule drugs to treat patients with genetically defined cancers. The companies lead product candidate, BMF-219, is designed to be an orally bioavailable, potent and selective irreversible inhibitor of menin, an important transcriptional regulator known to play a direct role in oncogenic signaling in multiple cancers.
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BMEA Stock 12 Months Forecast
Average Price Target
$49.38
▲(346.88% Upside)
Technical Analysis
Best Analysts Covering BMEA
1 Year
1 Year Success Rate
3/9 ratings generated profit
1 Year Average Return
+28.76%
assigned a buy rating last month
Copying Joseph Catanzaro's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of +28.76% per trade.
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