Mesoblast Limited [MESO] gain 28.98% so far this year. What now?

Mesoblast Limited [NASDAQ: MESO] closed the trading session at $10.95 on 02/11/21. The day’s price range saw the stock hit a low of $10.42, while the highest price level was $11.69. The company report on February 11, 2021 that Mesoblast Phase 3 Trial Shows That a Single Injection of Rexlemestrocel-L + Hyaluronic Acid Carrier Results in at Least Two Years of Pain Reduction With Opioid Sparing Activity in Patients With Chronic Low Back Pain Due to Degenerative Disc Disease.

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Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, announced results from the Phase 3 randomized controlled trial of its allogeneic mesenchymal precursor cell (MPC) therapy rexlemestrocel-L in 404 enrolled patients with chronic low back pain (CLBP) due to degenerative disc disease (DDD) refractory to conventional treatments. The results indicate that a single injection of rexlemestrocel-L may provide a safe, durable, and effective opioid-sparing therapy for patients with chronic inflammatory back pain due to degenerative disc disease, and that greatest benefits are seen when administered earlier in the disease process before irreversible fibrosis of the intervertebral disc has occurred.

“The durable pain reduction for at least two years from a single administration indicates that rexlemestrocel-L has the potential to change the treatment paradigm for chronic low back pain due to inflammatory disc disease, a condition that affects as many as seven million patients across the United States and Europe, and to prevent or reduce opioid use and dependence,” said Dr. Silviu Itescu, Chief Executive Officer of Mesoblast.

The stocks have a year to date performance of 28.98 percent and weekly performance of 15.38 percent. The stock has been moved at -29.35 percent over the last six months. The stock has performed 6.93 percent around the most recent 30 days and changed -6.65 percent over the most recent 3-months.

If compared to the average trading volume of 829.60K shares, MESO reached to a volume of 1929154 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Mesoblast Limited [MESO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MESO shares is $14.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MESO stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Maxim Group have made an estimate for Mesoblast Limited shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 22, 2020. The new note on the price target was released on December 04, 2020, representing the official price target for Mesoblast Limited stock. Previously, the target price had yet another raise to $12, while RBC Capital Mkts analysts kept a Sector Perform rating on MESO stock. On August 14, 2020, analysts increased their price target for MESO shares from 16 to 22.

The Average True Range (ATR) for Mesoblast Limited is set at 0.65, with the Price to Sales ratio for MESO stock in the period of the last 12 months amounting to 76.18. The Price to Book ratio for the last quarter was 2.37, with the Price to Cash per share for the same quarter was set at 0.95.

MESO stock trade performance evaluation

Mesoblast Limited [MESO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.38. With this latest performance, MESO shares gained by 6.93% in over the last four-week period, additionally sinking by -29.35% over the last 6 months – not to mention a rise of 11.39% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MESO stock in for the last two-week period is set at 60.23, with the RSI for the last a single of trading hit 69.52, and the three-weeks RSI is set at 54.38 for Mesoblast Limited [MESO]. The present Moving Average for the last 50 days of trading for this stock 11.06, while it was recorded at 10.16 for the last single week of trading, and 12.89 for the last 200 days.

Mesoblast Limited [MESO]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Mesoblast Limited [MESO] shares currently have an operating margin of -238.79 and a Gross Margin at +19.94. Mesoblast Limited’s Net Margin is presently recorded at -246.54.

Return on Total Capital for MESO is now -12.92, given the latest momentum, and Return on Invested Capital for the company is -13.91. Return on Equity for this stock declined to -15.68, with Return on Assets sitting at -10.56. When it comes to the capital structure of this company, Mesoblast Limited [MESO] has a Total Debt to Total Equity ratio set at 18.08. Additionally, MESO Total Debt to Total Capital is recorded at 15.31, with Total Debt to Total Assets ending up at 12.22. Long-Term Debt to Equity for the company is recorded at 11.53, with the Long-Term Debt to Total Capital now at 9.77.

Reflecting on the efficiency of the workforce at the company, Mesoblast Limited [MESO] managed to generate an average of -$1,139,840 per employee. Receivables Turnover for the company is 11.69 with a Total Asset Turnover recorded at a value of 0.04.Mesoblast Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.30.

Earnings per share (EPS) analysis for Mesoblast Limited [MESO] stock

With the latest financial reports released by the company, Mesoblast Limited posted -0.06/share EPS, while the average EPS was predicted by analysts to be reported at -0.24/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 75.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MESO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Mesoblast Limited go to 48.80%.

Mesoblast Limited [MESO]: Insider Ownership positions

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Positions in Mesoblast Limited stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 26 institutional holders increased their position in Mesoblast Limited [NASDAQ:MESO] by around 1,035,449 shares. Additionally, 23 investors decreased positions by around 585,629 shares, while 11 investors held positions by with 1,766,858 shares. The mentioned changes placed institutional holdings at 3,387,936 shares, according to the latest SEC report filing. MESO stock had 10 new institutional investments in for a total of 237,510 shares, while 10 institutional investors sold positions of 325,033 shares during the same period.

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