TransMedics Group Inc. (NASDAQ:TMDX) shares fell to a low of $25.33 before closing at $26.26. Intraday shares traded counted 0.44 million, which was 38.97% higher than its 30-day average trading volume of 716.09K. TMDX’s previous close was $25.87 while the outstanding shares total 27.37M. The stock’s Relative Strength Index (RSI) is 51.04, with weekly volatility at 4.91% and ATR at 1.70. The TMDX stock’s 52-week price range has touched low of $11.51 and a $49.50 high. The stock traded higher over the last trading session, gaining 1.51% on 05/27/21.
Investors have identified the Medical Devices company TransMedics Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $707.71 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
TransMedics Group Inc. (TMDX) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 140.54 million total, with 11.76 million as their total liabilities.
TMDX were able to record -7.35 million as free cash flow during the 08/11/2021 quarter of the year, this saw their quarterly net cash flow reduce by 2.15 million. In cash movements, the company had a total of -7.33 million as operating cash flow.
Potential earnings growth for TransMedics Group Inc. (TMDX)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/11/2021 quarter of the year, TransMedics Group Inc. recorded a total of 7.05 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -6.76% coming in sequential stages and their sales for the 08/11/2021 quarter reducing by -8.14%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.24 million trying to sell their products during the last quarter, with the result yielding a gross income of 4.81 million. This allows shareholders to hold on to 27.37M with the recently reported earning now reading -0.29 cents per share. This is a figure that compared to analyst’s prediction for their 08/11/2021 (-0.29 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.58 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TMDX sounds very interesting.
Is the stock of TMDX attractive?
In related news, VP of Operations, Carey John F sold 1,680 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 28.34, for a total value of 47,605. As the sale deal closes, the VP of Quality & Engineering, Sullivan John F now sold 15,000 shares of the company’s stock, valued at 552,394. Also, VP of Operations, Carey John F sold 3,360 shares of the company’s stock in a deal that was recorded on Apr 05. The shares were price at an average price of 36.87 per share, with a total market value of 123,883. Following this completion of acquisition, the President & CEO, Hassanein Waleed H now holds 60,000 shares of the company’s stock, valued at 2,437,871. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.70%.