Outset Medical Inc (NASDAQ: OM) on Friday, soared 9.01% from the previous trading day, before settling in for the closing price of $1.11. Within the past 52 weeks, OM’s price has moved between $0.44 and $6.19.
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Healthcare Sector giant saw their annual sales surged by 202.67% over the last five years. The company achieved an average annual earnings per share of 25.83%. With a float of $48.26 million, this company’s outstanding shares have now reached $52.54 million.
The firm has a total of 480 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.97%, operating margin of -112.32%, and the pretax margin is -122.32%.
Outset Medical Inc (OM) Insider Activity
Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Outset Medical Inc is 8.14%, while institutional ownership is 48.61%. The most recent insider transaction that took place on Nov 15 ’24, was worth 4,516. In this transaction Chair and CEO of this company sold 5,645 shares at a rate of $0.80, taking the stock ownership to the 904,851 shares. Before that another transaction happened on Nov 15 ’24, when Company’s SVP Operations and R&D sold 1,375 for $0.80, making the entire transaction worth $1,100. This insider now owns 238,022 shares in total.
Outset Medical Inc (OM) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.80% during the next five years compared to -15.08% drop over the previous five years of trading.
Outset Medical Inc (NASDAQ: OM) Trading Performance Indicators
Outset Medical Inc (OM) is currently performing well based on its current performance indicators. A quick ratio of 5.04 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 0.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.77, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach -1.48 in one year’s time.
Technical Analysis of Outset Medical Inc (OM)
Analysing the last 5-days average volume posted by the [Outset Medical Inc, OM], we can find that recorded value of 0.57 million was lower than the volume posted last year of 1.29 million. As of the previous 9 days, the stock’s Stochastic %D was 31.10%. Additionally, its Average True Range was 0.13.
During the past 100 days, Outset Medical Inc’s (OM) raw stochastic average was set at 24.53%, which indicates a significant decrease from 58.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 135.66% in the past 14 days, which was lower than the 216.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8283, while its 200-day Moving Average is $2.0652. Now, the first resistance to watch is $1.2667. This is followed by the second major resistance level at $1.3233. The third major resistance level sits at $1.4267. If the price goes on to break the first support level at $1.1067, it is likely to go to the next support level at $1.0033. Should the price break the second support level, the third support level stands at $0.9467.
Outset Medical Inc (NASDAQ: OM) Key Stats
Market capitalization of the company is 69.31 million based on 52,542K outstanding shares. Right now, sales total 130,380 K and income totals -172,800 K. The company made 28,670 K in profit during its latest quarter, and -27,940 K in sales during its previous quarter.
