NASDAQ:EDIT Editas Medicine (EDIT) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free EDIT Stock Alerts $5.56 +0.52 (+10.32%) (As of 05/9/2024 ET) Add Compare Share Share Today's Range$5.16▼$5.7550-Day Range$5.04▼$10.5352-Week Range$4.91▼$11.91Volume2.72 million shsAverage Volume1.84 million shsMarket Capitalization$457.23 millionP/E RatioN/ADividend YieldN/APrice Target$15.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Editas Medicine alerts: Email Address Editas Medicine MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside150.0% Upside$13.90 Price TargetShort InterestBearish22.81% of Shares Sold ShortDividend StrengthN/ASustainability-0.78Upright™ Environmental ScoreNews Sentiment-0.13Based on 22 Articles This WeekInsider TradingSelling Shares$924,582 Sold Last QuarterProj. Earnings GrowthDecreasingFrom ($2.61) to ($2.70) Per ShareSee Full Details Hide Full Details 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.3.30 out of 5 starsMedical Sector291st out of 915 stocksBiological Products, Except Diagnostic Industry38th out of 154 stocks 3.3 Analyst's Opinion Consensus RatingEditas Medicine has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageEditas Medicine has only been the subject of 4 research reports in the past 90 days.Read more about Editas Medicine's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted22.81% of the outstanding shares of Editas Medicine have been sold short.Short Interest Ratio / Days to CoverEditas Medicine has a short interest ratio ("days to cover") of 9.8.Change versus previous monthShort interest in Editas Medicine has recently increased by 14.67%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldEditas Medicine does not currently pay a dividend.Dividend GrowthEditas Medicine does not have a long track record of dividend growth. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEditas Medicine has received a 71.60% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is driven by its "Preclinical research services for physical health", "Clinical research services for physical health", and "Clinical research services for genetic diseases" products. See details.Environmental SustainabilityThe Environmental Impact score for Editas Medicine is -0.78. Previous Next 1.0 News and Social Media Coverage News SentimentEditas Medicine has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Editas Medicine this week, compared to 3 articles on an average week.Search InterestOnly 16 people have searched for EDIT on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.MarketBeat FollowsOnly 13 people have added Editas Medicine to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Editas Medicine insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $924,582.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Editas Medicine is held by insiders.Percentage Held by Institutions71.90% of the stock of Editas Medicine is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Editas Medicine's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Editas Medicine are expected to decrease in the coming year, from ($2.61) to ($2.70) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Editas Medicine is -2.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Editas Medicine is -2.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioEditas Medicine has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Editas Medicine's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Editas Medicine Stock (NASDAQ:EDIT)Editas Medicine, Inc., a clinical stage genome editing company, focuses on developing transformative genomic medicines to treat a range of serious diseases. It develops a proprietary gene editing platform based on CRISPR technology. The company develops EDIT-101, which is in Phase 1/2 BRILLIANCE trial for Leber Congenital Amaurosis; and reni-cel, a clinical development gene-edited medicine to treat sickle cell disease and transfusion-dependent beta-thalassemia. In addition, the company is developing alpha-beta T cells for solid and liquid tumors; and gamma delta T cell therapies to treat cancer. It has a research collaboration with Juno Therapeutics, Inc. to develop engineered T cells for cancer; strategic alliance and option agreement with Allergan Pharmaceuticals International Limited. The company was formerly known as Gengine, Inc. and changed its name to Editas Medicine, Inc. in November 2013. Editas Medicine, Inc. was incorporated in 2013 and is based in Cambridge, Massachusetts.Read More EDIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EDIT Stock News HeadlinesMay 9, 2024 | finance.yahoo.comEditas Medicine, Inc. (NASDAQ:EDIT) Q1 2024 Earnings Call TranscriptMay 9, 2024 | fool.com1 Wall Street Analyst Thinks Editas Medicine Stock Is Going to $15. Is It a Buy Around $5?May 9, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 9, 2024 | markets.businessinsider.comEditas Medicine’s Innovative In Vivo Gene Editing Approach and Positive Clinical Trial Prospects Bolster Buy RatingMay 9, 2024 | markets.businessinsider.comBuy Rating for Editas Medicine: Promising Trials and Solid Financial Footing Propel Growth OutlookMay 9, 2024 | finance.yahoo.comEditas Medicine First Quarter 2024 Earnings: Misses ExpectationsMay 8, 2024 | washingtonpost.comEditas: Q1 Earnings SnapshotMay 8, 2024 | investorplace.comEDIT Stock Earnings: Editas Medicine Misses EPS, Misses Revenue for Q1 2024May 9, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 8, 2024 | globenewswire.comEditas Medicine Announces First Quarter 2024 Results and Business UpdatesMay 7, 2024 | msn.comGene Editing Improves Vision in Rare and Devastating Retinal DisorderMay 7, 2024 | msn.comEditas Medicine Q1 2024 Earnings PreviewMay 7, 2024 | markets.businessinsider.comWhat Wall Street expects from Editas Medicine's earningsMay 6, 2024 | msn.comCRISPR gene editing shows promise for treating individuals with a form of inherited blindnessMay 6, 2024 | msn.comClinical trial shows measurable improvement in inherited blindness after gene therapyMay 5, 2024 | finance.yahoo.comEditas Medicine, Inc. (NASDAQ:EDIT) is a favorite amongst institutional investors who own 71%May 2, 2024 | globenewswire.comEditas Medicine Announces First Quarter 2024 Results Conference Call and Upcoming Investor EventsMay 2, 2024 | uk.finance.yahoo.comStocks search for direction ahead of Fed rate decisionMay 1, 2024 | msn.comEditas, Bristol Myers extend T cell therapy collaborationMay 1, 2024 | globenewswire.comEditas Medicine and Bristol Myers Squibb Extend Alpha-Beta T Cell CollaborationApril 24, 2024 | investing.comEditas to present gene editing advancements at ASGCTApril 22, 2024 | globenewswire.comEditas Medicine to Present Pre-clinical Data Demonstrating Progression of in vivo Medicines Pipeline at the American Society of Gene and Cell Therapy Annual MeetingApril 18, 2024 | investing.comEditas Medicine Inc (EDIT)April 9, 2024 | finance.yahoo.comDr. Chi Li Joins Curevo Vaccine as Chief Regulatory OfficerMarch 13, 2024 | seekingalpha.comEditas Medicine, Inc. (EDIT) Presents at Barclays 26th Annual Global Healthcare Conference (Transcript)March 12, 2024 | seekingalpha.comEditas Medicine, Inc. (EDIT) Leerink Partners Global Biopharma Conference (Transcript)March 7, 2024 | fool.com1 Wall Street Analyst Raises Editas Medicine's Price Target by 45%. Here's Why She's Right.See More Headlines Receive EDIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Editas Medicine and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Today5/09/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Biological products, except diagnostic Sub-IndustryN/A Current SymbolNASDAQ:EDIT CUSIPN/A CIK1650664 Webwww.editasmedicine.com Phone(617) 401-9000FaxN/AEmployees265Year FoundedN/APrice Target and Rating Average Stock Price Target$13.90 High Stock Price Target$20.00 Low Stock Price Target$7.00 Potential Upside/Downside+169.8%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($2.05) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-153,220,000.00 Net Margins-196.12% Pretax Margin-196.12% Return on Equity-42.95% Return on Assets-30.49% Debt Debt-to-Equity RatioN/A Current Ratio5.39 Quick Ratio5.39 Sales & Book Value Annual Sales$78.12 million Price / Sales5.85 Cash FlowN/A Price / Cash FlowN/A Book Value$4.27 per share Price / Book1.30Miscellaneous Outstanding Shares82,235,000Free Float80,673,000Market Cap$457.23 million OptionableOptionable Beta2.09 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesDr. Gilmore O'Neill M.D. (Age 60)President, CEO & Director Comp: $1.04MMr. Erick J. Lucera C.F.A. (Age 56)CPA, CFO & Executive VP Comp: $911.46kDr. Linda C. Burkly Ph.D. (Age 67)Executive VP & Chief Scientific Officer Comp: $522.44kDr. Baisong Mei M.D. (Age 60)Ph.D., Executive VP & Chief Medical Officer Comp: $654.9kDr. Feng Zhang Ph.D.Co-Founder & Scientific Advisory Board MemberDr. George McDonald Church Ph.D. (Age 70)Co-Founder & Scientific Advisory Board Member More ExecutivesKey CompetitorsC4 TherapeuticsNASDAQ:CCCCTaysha Gene TherapiesNASDAQ:TSHAAdaptive BiotechnologiesNASDAQ:ADPTVoyager TherapeuticsNASDAQ:VYGRiTeos TherapeuticsNASDAQ:ITOSView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 7,648 shares on 5/8/2024Ownership: 0.016%Headlands Technologies LLCBought 7,861 shares on 5/8/2024Ownership: 0.012%Susquehanna Portfolio Strategies LLCSold 10,515 shares on 5/7/2024Ownership: 0.222%Jennison Associates LLCBought 24,000 shares on 5/2/2024Ownership: 0.130%Mirae Asset Global Investments Co. Ltd.Bought 116,803 shares on 5/1/2024Ownership: 0.383%View All Insider TransactionsView All Institutional Transactions EDIT Stock Analysis - Frequently Asked Questions Should I buy or sell Editas Medicine stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Editas Medicine in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" EDIT shares. View EDIT analyst ratings or view top-rated stocks. What is Editas Medicine's stock price target for 2024? 10 brokers have issued 1 year price targets for Editas Medicine's shares. Their EDIT share price targets range from $7.00 to $20.00. On average, they expect the company's share price to reach $13.90 in the next twelve months. This suggests a possible upside of 150.0% from the stock's current price. View analysts price targets for EDIT or view top-rated stocks among Wall Street analysts. How have EDIT shares performed in 2024? Editas Medicine's stock was trading at $10.13 on January 1st, 2024. Since then, EDIT stock has decreased by 45.1% and is now trading at $5.56. View the best growth stocks for 2024 here. Are investors shorting Editas Medicine? Editas Medicine saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 18,760,000 shares, an increase of 14.7% from the March 31st total of 16,360,000 shares. Based on an average trading volume of 1,910,000 shares, the days-to-cover ratio is currently 9.8 days. View Editas Medicine's Short Interest. When is Editas Medicine's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our EDIT earnings forecast. How were Editas Medicine's earnings last quarter? Editas Medicine, Inc. (NASDAQ:EDIT) announced its quarterly earnings data on Wednesday, May, 8th. The company reported ($0.76) EPS for the quarter, missing the consensus estimate of ($0.63) by $0.13. The company earned $1.10 million during the quarter, compared to analysts' expectations of $11.14 million. Editas Medicine had a negative net margin of 196.12% and a negative trailing twelve-month return on equity of 42.95%. The company's revenue was down 88.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.71) EPS. What ETFs hold Editas Medicine's stock? ETFs with the largest weight of Editas Medicine (NASDAQ:EDIT) stock in their portfolio include Kelly CRISPR & Gene Editing Technology ETF (XDNA), Direxion Moonshot Innovators ETF (MOON), Horizon Kinetics Medical ETF (MEDX), Global X Genomics & Biotechnology ETF (GNOM) and AXS Green Alpha ETF (NXTE).iShares Genomics Immunology and Healthcare ETF (IDNA). What other stocks do shareholders of Editas Medicine own? Based on aggregate information from My MarketBeat watchlists, some companies that other Editas Medicine investors own include CRISPR Therapeutics (CRSP), NVIDIA (NVDA), Micron Technology (MU), Intellia Therapeutics (NTLA), Block (SQ), Advanced Micro Devices (AMD), Alibaba Group (BABA), QUALCOMM (QCOM), Cisco Systems (CSCO) and Skyworks Solutions (SWKS). When did Editas Medicine IPO? Editas Medicine (EDIT) raised $100 million in an initial public offering on Wednesday, February 3rd 2016. The company issued 5,900,000 shares at $16.00-$18.00 per share. Morgan Stanley and J.P. Morgan acted as the underwriters for the IPO and Cowen and Company and JMP Securities were co-managers. Who are Editas Medicine's major shareholders? Editas Medicine's stock is owned by a variety of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.38%), Susquehanna Portfolio Strategies LLC (0.22%), Los Angeles Capital Management LLC (0.18%), Jennison Associates LLC (0.13%), BNP Paribas Financial Markets (0.10%) and Assenagon Asset Management S.A. (0.07%). Insiders that own company stock include Baisong Mei, Bruce Eaton, Gilmore Neil O'neill, James C Mullen, Lisa Anne Michaels, Mark S Shearman and Michelle Robertson. View institutional ownership trends. How do I buy shares of Editas Medicine? Shares of EDIT 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:EDIT) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe ExchangeThe Crypto 9-5 Escape PlanCrypto 101 MediaThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersUrgent Nvidia WarningAltimetryObama’s Forever Term [exposed]Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Editas Medicine, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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