NASDAQ:TMCI Treace Medical Concepts (TMCI) Stock Price, News & Analysis → The CHIPS Act Motherlode (From True Market Insiders) (Ad) Free TMCI Stock Alerts $5.00 -0.63 (-11.19%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$4.87▼$5.7550-Day Range$4.17▼$13.1352-Week Range$3.92▼$27.70Volume2.04 million shsAverage Volume2.09 million shsMarket Capitalization$310.05 millionP/E RatioN/ADividend YieldN/APrice Target$12.21 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Treace Medical Concepts alerts: Email Address Treace Medical Concepts MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside144.3% Upside$12.21 Price TargetShort InterestBearish6.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.56Based on 21 Articles This WeekInsider TradingAcquiring Shares$1.64 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.87) to ($0.79) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.58 out of 5 starsMedical Sector272nd out of 921 stocksSurgical & Medical Instruments Industry35th out of 96 stocks 4.0 Analyst's Opinion Consensus RatingTreace Medical Concepts has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageTreace Medical Concepts has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Treace Medical Concepts' stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.73% of the float of Treace Medical Concepts has been sold short.Short Interest Ratio / Days to CoverTreace Medical Concepts has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Treace Medical Concepts has recently increased by 10.14%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTreace Medical Concepts does not currently pay a dividend.Dividend GrowthTreace Medical Concepts does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TMCI. Previous Next 3.6 News and Social Media Coverage News SentimentTreace Medical Concepts has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Treace Medical Concepts this week, compared to 2 articles on an average week.Search Interest9 people have searched for TMCI on MarketBeat in the last 30 days. This is an increase of 800% compared to the previous 30 days.MarketBeat Follows13 people have added Treace Medical Concepts to their MarketBeat watchlist in the last 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Treace Medical Concepts insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,644,693.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders24.43% of the stock of Treace Medical Concepts is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions84.08% of the stock of Treace Medical Concepts is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Treace Medical Concepts' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Treace Medical Concepts are expected to grow in the coming year, from ($0.87) to ($0.79) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Treace Medical Concepts is -5.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Treace Medical Concepts is -5.68, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTreace Medical Concepts has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Treace Medical Concepts' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersThe CHIPS Act MotherlodeIf you haven’t heard yet, the CHIPS Act is the US government pouring $280 BILLION into the manufacturing of US semiconductors. A lot of companies will make a fortune from this.Click here to see my #1 investment for 2024. About Treace Medical Concepts Stock (NASDAQ:TMCI)Treace Medical Concepts, Inc., a medical technology company, designs, manufactures, and markets medical devices in the United States. The company offers Lapiplasty 3D bunion correction system that combines instruments, implants, and surgical methods designed to surgically correct three planes of the bunion deformity. It also provides Lapiplasty mini-incision system designed to allow the Lapiplasty procedure to be performed through a 3.5cm incision. In addition, the company offers Adductoplasty system designed for reproducible realignment, stabilization, and fusion of the midfoot. Treace Medical Concepts, Inc. was founded in 2013 and is headquartered in Ponte Vedra, Florida.Read More TMCI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TMCI Stock News HeadlinesMay 14, 2024 | insidertrades.comInsider Buying: Treace Medical Concepts, Inc. (NASDAQ:TMCI) Director Purchases 25,000 Shares of StockMay 18 at 4:16 AM | americanbankingnews.comTreace Medical Concepts (NASDAQ:TMCI) Stock Rating Lowered by UBS GroupMay 17 at 5:19 PM | msn.comUBS Downgrades Treace Medical Concepts (TMCI)May 17 at 5:11 PM | businesswire.comKirby McInerney LLP Announces Investigation of Shareholder Claims Against Treace Medical Concepts, Inc. (TMCI)May 16 at 6:34 PM | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Treace Medical Concepts, Inc. - TMCIMay 16 at 4:16 PM | markets.businessinsider.comUnveiling 6 Analyst Insights On Treace Medical ConceptsMay 15, 2024 | finance.yahoo.comDirector Jane Kiernan Acquires 19,356 Shares of Treace Medical Concepts Inc (TMCI)May 14, 2024 | finance.yahoo.comDirector Richard Mott Acquires 120,000 Shares of Treace Medical Concepts Inc (TMCI)May 14, 2024 | finance.yahoo.comDirector Deepti Jain Acquires 25,000 Shares of Treace Medical Concepts Inc (TMCI)May 14, 2024 | americanbankingnews.comTreace Medical Concepts, Inc. (NASDAQ:TMCI) Director Deepti Jain Purchases 25,000 Shares of StockMay 14, 2024 | americanbankingnews.comTreace Medical Concepts, Inc. (NASDAQ:TMCI) Director Richard W. Mott Acquires 36,802 SharesMay 14, 2024 | americanbankingnews.comTreace Medical Concepts, Inc. (NASDAQ:TMCI) CEO John T. Treace Acquires 150,000 SharesMay 14, 2024 | americanbankingnews.comTreace Medical Concepts, Inc. (NASDAQ:TMCI) CEO Purchases $687,000.00 in StockMay 13, 2024 | finance.yahoo.comTreace Medical Concepts, Inc. (NASDAQ:TMCI) Q1 2024 Earnings Call TranscriptMay 12, 2024 | americanbankingnews.comTreace Medical Concepts (NASDAQ:TMCI) Rating Lowered to Hold at Truist FinancialMay 12, 2024 | americanbankingnews.comTreace Medical Concepts (NASDAQ:TMCI) Cut to Neutral at JPMorgan Chase & Co.May 12, 2024 | americanbankingnews.comBTIG Research Downgrades Treace Medical Concepts (NASDAQ:TMCI) to NeutralMay 12, 2024 | americanbankingnews.comTreace Medical Concepts (NASDAQ:TMCI) Lowered to Hold at Stifel NicolausMay 11, 2024 | americanbankingnews.comAnalysts Set Treace Medical Concepts, Inc. (NASDAQ:TMCI) Price Target at $19.58May 10, 2024 | finance.yahoo.comEarnings Update: Treace Medical Concepts, Inc. (NASDAQ:TMCI) Just Reported And Analysts Are Trimming Their ForecastsMay 10, 2024 | americanbankingnews.comTreace Medical Concepts (NASDAQ:TMCI) PT Lowered to $16.00May 10, 2024 | americanbankingnews.comTreace Medical Concepts (NASDAQ:TMCI) Stock Rating Lowered by Morgan StanleyMay 9, 2024 | msn.comMorgan Stanley Downgrades Treace Medical Concepts (TMCI)May 9, 2024 | msn.comBTIG Downgrades Treace Medical Concepts (TMCI)May 8, 2024 | msn.comOrthopedic Devices Maker Treace Medical Concepts' Gloomy Forecast Cast Concerns Over Long-Term ViabilitySee More Headlines Receive TMCI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Treace Medical Concepts and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/18/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:TMCI CUSIPN/A CIK1630627 Webwww.treace.com Phone904-373-5940FaxN/AEmployees516Year FoundedN/APrice Target and Rating Average Stock Price Target$12.21 High Stock Price Target$27.50 Low Stock Price Target$5.50 Potential Upside/Downside+144.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.88) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-49,530,000.00 Net Margins-27.93% Pretax Margin-27.93% Return on Equity-39.66% Return on Assets-22.24% Debt Debt-to-Equity Ratio0.42 Current Ratio3.98 Quick Ratio3.22 Sales & Book Value Annual Sales$187.12 million Price / Sales1.66 Cash FlowN/A Price / Cash FlowN/A Book Value$2.04 per share Price / Book2.45Miscellaneous Outstanding Shares62,010,000Free Float46,859,000Market Cap$310.05 million OptionableOptionable Beta0.37 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. John T. Treace (Age 52)CEO, Founder & Director Comp: $1.09MMr. Mark L. Hair CPA (Age 54)Chief Financial Officer Comp: $599.7kMr. Aaron J. Berutti (Age 45)Senior Vice President of Sales Comp: $484.22kMr. Terry W. Lubben (Age 59)Senior Vice President of Operations Ms. Julie D. Dewey (Age 63)Chief Communications & Investor Relations Officer Mr. Scot M. Elder J.D. (Age 49)Chief Legal & Compliance Officer and Corporate Secretary Mr. Nathan MinnichSenior Vice President of MarketingMr. Daniel E. Owens (Age 52)Chief Human Resources Officer Dr. Sean F. Scanlan Ph.D. (Age 42)Chief Innovation Officer Ms. Shana ZinkSenior Vice President of Clinical Affairs, Medical Education & ReimbursementMore ExecutivesKey CompetitorsFractyl HealthNASDAQ:GUTSTactile Systems TechnologyNASDAQ:TCMDBeauty HealthNASDAQ:SKINPulmonxNASDAQ:LUNGTriSalus Life SciencesNASDAQ:TLSIView All CompetitorsInsiders & InstitutionsGrandeur Peak Global Advisors LLCBought 34,075 shares on 5/16/2024Ownership: 0.089%AWM Investment Company Inc.Bought 55,000 shares on 5/16/2024Ownership: 0.089%California State Teachers Retirement SystemSold 2,445 shares on 5/16/2024Ownership: 0.074%John T TreaceBought 150,000 shares on 5/13/2024Total: $684,000.00 ($4.56/share)Richard W MottBought 36,802 shares on 5/13/2024Total: $161,192.76 ($4.38/share)View All Insider TransactionsView All Institutional Transactions TMCI Stock Analysis - Frequently Asked Questions Should I buy or sell Treace Medical Concepts stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Treace Medical Concepts in the last twelve months. There are currently 7 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TMCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TMCI, but not buy additional shares or sell existing shares. View TMCI analyst ratings or view top-rated stocks. What is Treace Medical Concepts' stock price target for 2024? 7 Wall Street analysts have issued 1-year price objectives for Treace Medical Concepts' stock. Their TMCI share price targets range from $5.50 to $27.50. On average, they anticipate the company's share price to reach $12.21 in the next year. This suggests a possible upside of 144.3% from the stock's current price. View analysts price targets for TMCI or view top-rated stocks among Wall Street analysts. How have TMCI shares performed in 2024? Treace Medical Concepts' stock was trading at $12.75 at the beginning of 2024. Since then, TMCI stock has decreased by 60.8% and is now trading at $5.00. View the best growth stocks for 2024 here. When is Treace Medical Concepts' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our TMCI earnings forecast. How were Treace Medical Concepts' earnings last quarter? Treace Medical Concepts, Inc. (NASDAQ:TMCI) posted its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.30) EPS for the quarter, hitting the consensus estimate of ($0.30). The company earned $51.11 million during the quarter, compared to analysts' expectations of $49.07 million. Treace Medical Concepts had a negative trailing twelve-month return on equity of 39.66% and a negative net margin of 27.93%. The firm's quarterly revenue was up 21.1% compared to the same quarter last year. During the same quarter last year, the company posted ($0.23) earnings per share. What ETF holds Treace Medical Concepts' stock? iShares U.S. Medical Devices ETF holds 289,221 shares of TMCI stock, representing 0.06% of its portfolio. What guidance has Treace Medical Concepts issued on next quarter's earnings? Treace Medical Concepts issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $201.0 million-$211.0 million, compared to the consensus revenue estimate of $222.8 million. When did Treace Medical Concepts IPO? Treace Medical Concepts (TMCI) raised $150 million in an IPO on Friday, April 23rd 2021. The company issued 9,400,000 shares at $15.00-$17.00 per share. J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and SVB Leerink and Stifel were co-managers. Who are Treace Medical Concepts' major shareholders? Treace Medical Concepts' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.97%), William Blair Investment Management LLC (3.77%), TimesSquare Capital Management LLC (2.24%), Wealth Enhancement Advisory Services LLC (0.39%), Oak Ridge Investments LLC (0.20%) and GSA Capital Partners LLP (0.11%). Insiders that own company stock include Aaron Berutti, Daniel E Owens, Deepti Jain, F Barry Bays, James T Treace, John R Treace, John T Treace, Mark Hair, Richard W Mott, Scot Michael Elder, Sean F Scanlan, Terry W Lubben and Thomas E Timbie. View institutional ownership trends. How do I buy shares of Treace Medical Concepts? Shares of TMCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:TMCI) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”InvestorPlaceHow Biden has already won 2024Porter & CompanyClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Treace Medical Concepts, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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