MacroGenics Inc (MGNX) Earnings
Should You Buy MGNX Before Earnings?
Based on the last three years of earnings reports, buying MGNX stock within four weeks before its earnings date yielded an average return of -0.98%.
The best time to buy before earnings was 7 days before, which yielded an average return of 2.47% by the earnings date. The worst time was 21 days before, which yielded an average return of -4.80%.
Report dates analyzed: Jul 31 2019 - Apr 27 2022*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy MGNX After Earnings?
Based on the last three years of earnings reports, on average, MGNX has gone up 13.99% shortly after its earnings date. The price peaks 1 day after earnings and is on average 20.94% higher than its closing price on day of earnings.
Since MGNX has typically gone up after earnings, you might want to consider buying the stock before.
Report dates analyzed: Jul 31 2019 - Apr 27 2022*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought MacroGenics before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | -8.07% | -11.20% | -4.06% | -2.19% | 0.30% | -0.05% |
Past 8 Earnings | -5.44% | -8.07% | -1.23% | 2.28% | 1.87% | 1.40% |
Past 12 Earnings | -2.94% | -4.80% | -1.06% | 2.47% | 1.40% | 0.77% |
MGNX Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2022-07-27 | 3.02 9.60% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2022-04-27 | 8.86 -16.14% | 9.76 -23.87% | 8.67 -14.30% | 8.20 -9.39% | 7.52 -1.20% | 7.43 -1.07% | 7.40 -0.40% | 6.44 -13.32% | 4.10 -44.82% | 3.92 -47.24% | 3.57 -51.95% |
2022-02-23 | 12.02 -16.56% | 11.41 -12.10% | 11.76 -14.71% | 11.20 -10.45% | 10.15 -1.18% | 10.03 -1.76% | 10.49 4.59% | 9.30 -7.28% | 8.83 -11.96% | 8.69 -13.36% | 8.96 -10.67% |
2021-11-02 | 20.06 2.09% | 21.19 -3.35% | 19.60 4.49% | 19.05 7.51% | 20.81 -1.59% | 20.48 -1.11% | 21.67 5.81% | 21.27 3.86% | 19.25 -6.01% | 18.92 -7.62% | 17.60 -14.06% |
2021-07-28 | 26.86 -1.68% | 27.94 -5.48% | 24.39 8.28% | 25.50 3.57% | 25.11 5.18% | 26.41 3.73% | 26.08 -1.25% | 24.78 -6.17% | 24.70 -6.48% | 22.02 -16.62% | 22.57 -14.54% |
2021-04-29 | 32.25 10.48% | 31.55 12.93% | 32.60 9.29% | 33.66 5.85% | 35.29 0.96% | 35.63 -0.36% | 32.36 -9.18% | 31.86 -10.58% | 28.88 -18.95% | 30.16 -15.35% | 31.56 -11.42% |
2021-02-25 | 20.56 6.42% | 22.58 -3.10% | 20.81 5.14% | 18.99 15.22% | 21.07 3.84% | 21.88 2.58% | 25.01 14.31% | 24.08 10.06% | 28.32 29.43% | 29.21 33.50% | 32.90 50.37% |
2020-11-04 | 25.95 -18.84% | 25.32 -16.83% | 22.07 -4.56% | 20.45 2.98% | 20.01 5.25% | 21.06 5.56% | 21.00 -0.29% | 21.20 0.67% | 22.21 5.46% | 22.84 8.45% | 22.29 5.84% |
2020-07-30 | 29.50 -9.32% | 30.68 -12.81% | 27.72 -3.50% | 25.99 2.92% | 25.79 3.72% | 26.75 3.64% | 25.40 -5.05% | 27.44 2.58% | 27.80 3.93% | 26.95 0.75% | 26.71 -0.15% |
2020-05-05 | 5.29 43.67% | 5.82 30.58% | 7.21 5.41% | 7.23 5.12% | 7.15 6.29% | 7.60 3.83% | 25.15 230.92% | 27.15 257.24% | 25.07 229.87% | 23.64 211.05% | 21.96 188.95% |
2020-02-25 | 10.43 5.37% | 9.81 12.03% | 10.24 7.32% | 10.50 4.67% | 11.07 -0.72% | 10.99 -1.17% | 12.01 9.28% | 8.65 -21.29% | 7.24 -34.12% | 4.70 -57.23% | 5.49 -50.05% |
Methodology
We analyzed the past three years of MGNX's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of MGNX on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing MGNX stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought MGNX stock on the day of earnings, we looked at the closing price of MGNX on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing MGNX stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of MGNX to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
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