A better buy-in window may exist right now for Transmedics Group Inc (TMDX)

With 0.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.76 million shares. During the session, the Medical Devices company that operates in wider Healthcare sector, reached to the highest price of $177.37 whereas the lowest price it dropped to was $173.0. The 52-week range on TMDX shows that it touched its highest point at $176.01 and its lowest point at $36.42 during that stretch. It currently has a 1-year price target of $179.44. Beta for the stock currently stands at 1.98.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TMDX was up-trending over the past week, with a rise of 3.16%, but this was up by 20.32% over a month. Three-month performance surged to 27.72% while six-month performance rose 111.28%. The stock gained 168.02% in the past year, while it has gained 122.55% so far this year. A look at the trailing 12-month EPS for TMDX yields 0.04 with Next year EPS estimates of 1.85. For the next quarter, that number is 0.29. This implies an EPS growth rate of 264.15% for this year and 46.26% for next year.

Float and Shares Shorts:

At present, 32.67 million TMDX shares are outstanding with a float of 32.20 million shares on hand for trading. On 2024-07-31, short shares totaled 5.75 million, which was 1725.0 higher than short shares on 1719532800. In addition to Dr. Waleed H. Hassanein M.D. as the firm’s Founder, President, CEO & Director, Mr. Stephen Gordon serves as its CFO, Treasurer & Secretary.

Institutional Ownership:

Through their ownership of 1.04897 of TMDX’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, TMDX reported revenue of $114305000.0 and operating income of $12508000.0. The EBITDA in the recently reported quarter was $20575000.0 and diluted EPS was $0.35.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TMDX since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.