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NASDAQ:ZYXI

Zynex (ZYXI) Stock Price, News & Analysis

$7.84
-0.05 (-0.63%)
(As of 09/6/2024 ET)
Today's Range
$7.68
$7.89
50-Day Range
$7.19
$10.31
52-Week Range
$6.88
$13.77
Volume
81,571 shs
Average Volume
188,414 shs
Market Capitalization
$249.12 million
P/E Ratio
34.09
Dividend Yield
N/A
Price Target
$14.00

Zynex MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
78.6% Upside
$14.00 Price Target
Short Interest
Bearish
32.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of Zynex in the last 14 days
Based on 10 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
140.91%
From $0.22 to $0.53 Per Share

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.

3.24 out of 5 stars

Medical Sector

294th out of 910 stocks

Electromedical Equipment Industry

7th out of 22 stocks

ZYXI stock logo

About Zynex Stock (NASDAQ:ZYXI)

Zynex, Inc., together with its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography and electric stimulation technology device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; E-Wave, an NMES device; M-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body, and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, and braces for rehabilitation support. Further, it offers Zynex Fluid Monitoring System (CM-1500); Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser-based noninvasive co-oximeter; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; hemodynamic monitoring and intravascular volume monitoring; and pulse oximetry monitoring. It sells its products through direct sales force primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado.

ZYXI Stock Price History

ZYXI Stock News Headlines

Zynex CEO reflects on 28 years of medical device innovation - ICYMI
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Zynex (NASDAQ:ZYXI) Stock Rating Reaffirmed by HC Wainwright
Buy Rating Affirmed for Zynex on FDA Clearance and Solid Growth Prospects
Zynex Receives FDA Clearance For New TensWave Device
Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Zynex pain management device TensWave achieves FDA clearance
Why Zynex Plunged Today
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
Medical Equipment
Current Symbol
NASDAQ:ZYXI
Fax
N/A
Employees
1,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$16.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+78.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$9.73 million
Pretax Margin
4.39%

Debt

Sales & Book Value

Annual Sales
$193.61 million
Cash Flow
$0.42 per share
Book Value
$1.03 per share

Miscellaneous

Free Float
15,211,000
Market Cap
$249.12 million
Optionable
Optionable
Beta
0.54
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ZYXI Stock Analysis - Frequently Asked Questions

How have ZYXI shares performed this year?

Zynex's stock was trading at $10.89 at the beginning of 2024. Since then, ZYXI shares have decreased by 28.0% and is now trading at $7.84.
View the best growth stocks for 2024 here
.

How were Zynex's earnings last quarter?

Zynex, Inc. (NASDAQ:ZYXI) posted its earnings results on Thursday, July, 25th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.04. The company's revenue was up 11.0% on a year-over-year basis.

What is Thomas Sandgaard's approval rating as Zynex's CEO?

81 employees have rated Zynex Chief Executive Officer Thomas Sandgaard on Glassdoor.com. Thomas Sandgaard has an approval rating of 87% among the company's employees.

Who are Zynex's major shareholders?

Top institutional shareholders of Zynex include Millennium Management LLC (0.93%), Rice Hall James & Associates LLC (0.74%), Marshall Wace LLP (0.66%) and Bank of New York Mellon Corp (0.61%). Insiders that own company stock include Joshua R Disbrow, Daniel J Moorhead and Anna Lucsok.
View institutional ownership trends
.

How do I buy shares of Zynex?

Shares of ZYXI 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:ZYXI) was last updated on 9/7/2024 by MarketBeat.com Staff

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