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NASDAQ:KRMD

KORU Medical Systems (KRMD) Stock Price, News & Analysis

KORU Medical Systems logo
$2.70
-0.22 (-7.53%)
(As of 11/1/2024 ET)

About KORU Medical Systems Stock (NASDAQ:KRMD)

Key Stats

Today's Range
$2.62
$2.91
50-Day Range
$2.34
$2.92
52-Week Range
$1.98
$3.09
Volume
53,166 shs
Average Volume
41,421 shs
Market Capitalization
$123.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.33
Consensus Rating
Buy

Company Overview

KORU Medical Systems, Inc. develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria. Its products include the FREEDOM60 syringe infusion system, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing products. The company was incorporated in 1980 and is based in Mahwah, New Jersey.

KORU Medical Systems Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
27th Percentile Overall Score

KRMD MarketRank™: 

KORU Medical Systems scored higher than 27% of companies evaluated by MarketBeat, and ranked 830th out of 975 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    KORU Medical Systems has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    KORU Medical Systems has only been the subject of 1 research reports in the past 90 days.

  • Read more about KORU Medical Systems' stock forecast and price target.
  • Earnings Growth

    Earnings for KORU Medical Systems are expected to grow in the coming year, from ($0.13) to ($0.09) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of KORU Medical Systems is -10.80, 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. Sector

    The P/E ratio of KORU Medical Systems is -10.80, 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 Ratio

    KORU Medical Systems has a P/B Ratio of 6.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about KORU Medical Systems' valuation and earnings.
  • Percentage of Shares Shorted

    1.17% of the float of KORU Medical Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    KORU Medical Systems has a short interest ratio ("days to cover") of 7.4.
  • Change versus previous month

    Short interest in KORU Medical Systems has recently increased by 10.25%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    KORU Medical Systems does not currently pay a dividend.

  • Dividend Growth

    KORU Medical Systems does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.17% of the float of KORU Medical Systems has been sold short.
  • Short Interest Ratio / Days to Cover

    KORU Medical Systems has a short interest ratio ("days to cover") of 7.4.
  • Change versus previous month

    Short interest in KORU Medical Systems has recently increased by 10.25%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    Only 1 people have searched for KRMD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added KORU Medical Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, KORU Medical Systems insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    25.60% of the stock of KORU Medical Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    58.60% of the stock of KORU Medical Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about KORU Medical Systems' insider trading history.
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KRMD Stock News Headlines

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KRMD Stock Analysis - Frequently Asked Questions

KORU Medical Systems' stock was trading at $2.46 at the beginning of 2024. Since then, KRMD shares have increased by 9.8% and is now trading at $2.70.
View the best growth stocks for 2024 here
.

KORU Medical Systems, Inc. (NASDAQ:KRMD) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.02. The company had revenue of $8.43 million for the quarter, compared to the consensus estimate of $7.52 million. KORU Medical Systems had a negative net margin of 38.16% and a negative trailing twelve-month return on equity of 20.82%.

KORU Medical Systems' top institutional shareholders include Albion Financial Group UT (1.46%). Insiders that own company stock include Joseph M Jr Manko and Linda M Tharby.
View institutional ownership trends
.

Shares of KRMD 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that KORU Medical Systems investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

Last Earnings
8/07/2024
Today
11/02/2024
Next Earnings (Confirmed)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:KRMD
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.33
High Stock Price Target
$4.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+23.5%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$-13,740,000.00
Pretax Margin
-21.47%

Debt

Sales & Book Value

Annual Sales
$28.52 million
Book Value
$0.45 per share

Miscellaneous

Free Float
34,116,000
Market Cap
$123.80 million
Optionable
Optionable
Beta
0.42
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This page (NASDAQ:KRMD) was last updated on 11/2/2024 by MarketBeat.com Staff
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