Transmedics Group Inc (NASDAQ: TMDX) has a price-to-earnings ratio that is above its average at 3536.13x. The stock has a 36-month beta value of 2.01. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for TMDX is 32.23M, and at present, short sellers hold a 19.98% of that float. On October 29, 2024, the average trading volume of TMDX was 1.08M shares.
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TMDX) stock’s latest price update
Transmedics Group Inc (NASDAQ: TMDX) has experienced a rise in its stock price by 0.85 compared to its previous closing price of 125.17. However, the company has seen a gain of 1.41% in its stock price over the last five trading days. seekingalpha.com reported 2024-10-28 that TransMedics Group, Inc. (NASDAQ:TMDX ) Q3 2024 Earnings Conference Call October 28, 2024 4:30 PM ET Company Participants Laine Morgan – Gilmartin Group, Investor Relations Waleed Hassanein – President and Chief Executive Officer Stephen Gordon – Chief Financial Officer Conference Call Participants Allen Gong – JPMorgan William Plovanic – Canaccord Joshua Jennings – TD Cowen Ryan Daniels – William Blair Matthew O’Brien – Piper Sandler Suraj Kalia – Oppenheimer & Company David Rescott – Baird Mike Matson – Needham & Company Operator Good afternoon and welcome to the TransMedics Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
TMDX’s Market Performance
Transmedics Group Inc (TMDX) has experienced a 1.41% rise in stock performance for the past week, with a -20.67% drop in the past month, and a -8.81% drop in the past quarter. The volatility ratio for the week is 4.90%, and the volatility levels for the past 30 days are at 4.31% for TMDX. The simple moving average for the last 20 days is -4.40% for TMDX’s stock, with a simple moving average of 3.24% for the last 200 days.
Analysts’ Opinion of TMDX
Many brokerage firms have already submitted their reports for TMDX stocks, with Robert W. Baird repeating the rating for TMDX by listing it as a “Outperform.” The predicted price for TMDX in the upcoming period, according to Robert W. Baird is $200 based on the research report published on September 24, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see TMDX reach a price target of $208. The rating they have provided for TMDX stocks is “Buy” according to the report published on August 21st, 2024.
Cantor Fitzgerald gave a rating of “Overweight” to TMDX, setting the target price at $161 in the report published on June 06th of the current year.
TMDX Trading at -14.45% from the 50-Day Moving Average
After a stumble in the market that brought TMDX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.83% of loss for the given period.
Volatility was left at 4.31%, however, over the last 30 days, the volatility rate increased by 4.90%, as shares sank -19.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.86% lower at present.
During the last 5 trading sessions, TMDX rose by +1.41%, which changed the moving average for the period of 200-days by +52.87% in comparison to the 20-day moving average, which settled at $132.05. In addition, Transmedics Group Inc saw 59.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TMDX starting from Hassanein Waleed H, who sale 8,625 shares at the price of $132.71 back on Oct 15 ’24. After this action, Hassanein Waleed H now owns 61,643 shares of Transmedics Group Inc, valued at $1,144,648 using the latest closing price.
Khayal Tamer I, the Chief Commercial Officer of Transmedics Group Inc, sale 2,958 shares at $148.24 during a trade that took place back on Oct 01 ’24, which means that Khayal Tamer I is holding 20,843 shares at $438,491 based on the most recent closing price.
Stock Fundamentals for TMDX
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.61 for the gross margin
The net margin for Transmedics Group Inc stands at 0.01. The total capital return value is set at -0.0. Equity return is now at value 1.79, with 0.41 for asset returns.
Based on Transmedics Group Inc (TMDX), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 2.69. The interest coverage ratio of the stock is -0.06.
Currently, EBITDA for the company is 8.76 million with net debt to EBITDA at 9.1. When we switch over and look at the enterprise to sales, we see a ratio of 12.17. The receivables turnover for the company is 4.42for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.37.
Conclusion
To sum up, Transmedics Group Inc (TMDX) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
