Stereotaxis Inc (STXS) is looking forward to a strong quarter

With 0.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.23 million shares. During the session, the Medical Instruments & Supplies company that operates in wider Healthcare sector, reached to the highest price of $2.085 whereas the lowest price it dropped to was $1.9769. The 52-week range on STXS shows that it touched its highest point at $3.29 and its lowest point at $1.50 during that stretch. It currently has a 1-year price target of $4.50. Beta for the stock currently stands at 1.52.

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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 STXS was down-trending over the past week, with a drop of -9.29%, but this was up by 4.59% over a month. Three-month performance dropped to -7.24% while six-month performance fell -2.84%. The stock gained 31.41% in the past year, while it has gained 17.14% so far this year. A look at the trailing 12-month EPS for STXS yields -0.27 with Next year EPS estimates of -0.19. For the next quarter, that number is -0.07. This implies an EPS growth rate of 0.93% for this year and 28.97% for next year.

Float and Shares Shorts:

At present, 80.95 million STXS shares are outstanding with a float of 69.89 million shares on hand for trading. On 2024-10-31, short shares totaled 3.29 million, which was 389.00003 higher than short shares on 1727654400. In addition to Dr. David Leo Fischel C.A.I.A., C.F.A., C.P.A., M.B.A. as the firm’s CEO & Chairman, Mr. Keith Galloway serves as its Vice President of Operations.

Institutional Ownership:

Through their ownership of 0.48505002 of STXS’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 2024-09-30, STXS reported revenue of $9196000.0 and operating income of -$6345000.0. The EBITDA in the recently reported quarter was -$6015000.0 and diluted EPS was -$0.08.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STXS since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With STXS analysts setting a high price target of 5.0 and a low target of 4.0, the average target price over the next 12 months is 4.5. Based on these targets, STXS could surge 143.9% to reach the target high and rise by 95.12% to reach the target low. Reaching the average price target will result in a growth of 119.51% from current levels.

Analysts have provided yearly estimates in a range of -$0.24692 being high and -$0.27779 being low. For STXS, this leads to a yearly average estimate of -$0.2675. The surprise factor in the prior quarter was -$0.05. Based on analyst estimates, the high estimate for the next quarter is -$0.01 and the low estimate is -$0.08. The average estimate for the next quarter is thus -$0.04.