NASDAQ:MXCT

MaxCyte (MXCT) Stock Price, News & Analysis

$4.67
-0.13 (-2.71%)
(As of 05/17/2024 ET)
Today's Range
$4.66
$4.89
50-Day Range
$3.63
$4.80
52-Week Range
$2.45
$5.55
Volume
271,236 shs
Average Volume
583,823 shs
Market Capitalization
$488.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.67

MaxCyte MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
85.6% Upside
$8.67 Price Target
Short Interest
Bearish
3.90% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.26mentions of MaxCyte in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$22,050 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.51) to ($0.46) 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.

2.67 out of 5 stars

Medical Sector

448th out of 923 stocks

Commercial Physical Research Industry

7th out of 12 stocks

MXCT stock logo

About MaxCyte Stock (NASDAQ:MXCT)

MaxCyte, Inc., a life sciences company, discovers, develops, and commercializes next-generation cell therapies in the United States and internationally. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engineering. The company also provides disposable processing assemblies (PAs) to process and electroporate cells; and accessories supporting PAs, such as electroporation buffer solution and software protocols. It licenses and sells its instruments and technology; and sells its consumables to developers of cell therapies, as well as to pharmaceutical and biotechnology companies for use in drug discovery and development, and bio-manufacturing. MaxCyte, Inc. was incorporated in 1998 and is headquartered in Rockville, Maryland.

MXCT Stock Price History

MXCT Stock News Headlines

MaxCyte Inc MYE0
MaxCyte, Inc. (MXCT)
MaxCyte Signs SPL Agreement With Imugene
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Company Calendar

Last Earnings
3/12/2024
Today
5/17/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Commercial physical research
Sub-Industry
N/A
Current Symbol
NASDAQ:MXCT
Employees
143
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.67
High Stock Price Target
$11.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+85.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-37,920,000.00
Pretax Margin
-83.00%

Debt

Sales & Book Value

Annual Sales
$44.05 million
Book Value
$2.17 per share

Miscellaneous

Free Float
98,271,000
Market Cap
$488.22 million
Optionable
Optionable
Beta
1.36
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MXCT Stock Analysis - Frequently Asked Questions

Should I buy or sell MaxCyte stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MaxCyte in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MXCT shares.
View MXCT analyst ratings
or view top-rated stocks.

What is MaxCyte's stock price target for 2024?

4 brokers have issued 1 year target prices for MaxCyte's stock. Their MXCT share price targets range from $7.00 to $11.00. On average, they expect the company's share price to reach $8.67 in the next twelve months. This suggests a possible upside of 85.6% from the stock's current price.
View analysts price targets for MXCT
or view top-rated stocks among Wall Street analysts.

How have MXCT shares performed in 2024?

MaxCyte's stock was trading at $4.70 at the beginning of 2024. Since then, MXCT shares have decreased by 0.6% and is now trading at $4.67.
View the best growth stocks for 2024 here
.

When is MaxCyte's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our MXCT earnings forecast
.

How were MaxCyte's earnings last quarter?

MaxCyte, Inc. (NASDAQ:MXCT) released its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.10) by $0.05. The firm earned $15.67 million during the quarter, compared to analyst estimates of $15.60 million. MaxCyte had a negative trailing twelve-month return on equity of 15.68% and a negative net margin of 83.00%.

What guidance has MaxCyte issued on next quarter's earnings?

MaxCyte issued an update on its FY 2024 earnings guidance on Monday, March, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $29.6 million-$31.3 million, compared to the consensus revenue estimate of $42.1 million.

When did MaxCyte IPO?

MaxCyte (MXCT) raised $150 million in an initial public offering on Friday, July 30th 2021. The company issued 12,000,000 shares at a price of $11.50-$13.50 per share.

Who are MaxCyte's major shareholders?

MaxCyte's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.11%), River Global Investors LLP (1.81%), Chevy Chase Trust Holdings LLC (1.24%), Silvercrest Asset Management Group LLC (0.67%), Blue Water Life Science Advisors LP (0.58%) and Roubaix Capital LLC (0.48%). Insiders that own company stock include Casdin Partners Master Fund, L, Douglas Doerfler, John Joseph Johnston, Richard Douglas and Thomas M Ross.
View institutional ownership trends
.

How do I buy shares of MaxCyte?

Shares of MXCT 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:MXCT) was last updated on 5/18/2024 by MarketBeat.com Staff

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