Transmedics Group Inc (NASDAQ: TMDX) on Tuesday, plunged -16.09% from the previous trading day, before settling in for the closing price of $85.14. Within the past 52 weeks, TMDX’s price has moved between $68.84 and $177.37.
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A company in the Healthcare sector has jumped its sales by 95.07% annually for the last half of the decade. The company achieved an average annual earnings per share of 226.68%. With a float of $32.44 million, this company’s outstanding shares have now reached $33.56 million.
In an organization with 584 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 59.29%, operating margin of 7.84%, and the pretax margin is 8.14%.
Transmedics Group Inc (TMDX) Insider and Institutional Ownership
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Transmedics Group Inc is 3.35%, while institutional ownership is 109.93%. The most recent insider transaction that took place on Nov 11 ’24, was worth 131,278. In this transaction Chief Commercial Officer of this company sold 1,458 shares at a rate of $90.04, taking the stock ownership to the 20,843 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director sold 6,750 for $83.55, making the entire transaction worth $563,994. This insider now owns 732 shares in total.
Transmedics Group Inc (TMDX) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.12 earnings per share (EPS) for the period topping the consensus outlook (set at -0.12) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 226.68% per share during the next fiscal year.
Transmedics Group Inc (NASDAQ: TMDX) Trading Performance Indicators
Transmedics Group Inc (TMDX) is currently performing well based on its current performance indicators. A quick ratio of 7.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.93, a number that is poised to hit 0.16 in the next quarter and is forecasted to reach 1.56 in one year’s time.
Technical Analysis of Transmedics Group Inc (TMDX)
Let’s dig in a bit further. During the last 5-days, its volume was 2.1 million. That was better than the volume of 1.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.22%. Additionally, its Average True Range was 6.19.
During the past 100 days, Transmedics Group Inc’s (TMDX) raw stochastic average was set at 0.18%, which indicates a significant decrease from 0.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.03% in the past 14 days, which was higher than the 84.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $109.89, while its 200-day Moving Average is $121.96. However, in the short run, Transmedics Group Inc’s stock first resistance to watch stands at $76.35. Second resistance stands at $81.26. The third major resistance level sits at $83.81. If the price goes on to break the first support level at $68.89, it is likely to go to the next support level at $66.34. The third support level lies at $61.43 if the price breaches the second support level.
Transmedics Group Inc (NASDAQ: TMDX) Key Stats
Market capitalization of the company is 2.40 billion based on 33,562K outstanding shares. Right now, sales total 241,620 K and income totals -25,030 K. The company made 108,760 K in profit during its latest quarter, and 4,220 K in sales during its previous quarter.
