Pulmonx (LUNG) Stock Price, News & Analysis

Company Overview

Pulmonx Corporation, a commercial-stage medical technology company, provides minimally invasive devices for the treatment of chronic obstructive pulmonary diseases. The company offers Zephyr Endobronchial Valve, a solution for the treatment of patients with hyperinflation associated with severe emphysema; and Chartis Pulmonary Assessment System, a balloon catheter and console system with flow and pressure sensors that are used to assess the presence of collateral ventilation. It also offers StratX Lung Analysis Platform, a cloud-based quantitative computed tomography analysis service that offers information on emphysema destruction, fissure completeness, and lobar volume to help identify target lobes for the treatment with Zephyr Valves. The company serves emphysema patients in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company was formerly known as Pulmonx and changed its name to Pulmonx Corporation in December 2013. Pulmonx Corporation was incorporated in 1995 and is headquartered in Redwood City, California.

Key Stats

• Today's Range: $6.12 to $6.58
• 50-Day Range: $6.00 to $8.58
• 52-Week Range: $5.46 to $14.84
• Volume: 203,786 shs
• Average Volume: 388,487 shs
• Market Capitalization: $253.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $14.67
• Consensus Rating: Moderate Buy

Pulmonx Stock Analysis - MarketRank™

Pulmonx scored higher than 58% of companies evaluated by MarketBeat, and ranked 567th out of 952 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Pulmonx has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Pulmonx has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Pulmonx are expected to decrease in the coming year, from ($1.53) to ($1.55) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pulmonx is -4.37, 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 Pulmonx is -4.37, 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

Pulmonx has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.50% of the outstanding shares of Pulmonx have been sold short.

Short Interest Ratio / Days to Cover

Pulmonx has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pulmonx has recently decreased by 44.60%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Pulmonx does not currently pay a dividend.

Dividend Growth

Pulmonx does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.50% of the outstanding shares of Pulmonx have been sold short.

Short Interest Ratio / Days to Cover

Pulmonx has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pulmonx has recently decreased by 44.60%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.08

News Sentiment

Pulmonx has a news sentiment score of 0.08. 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 lower news sentiment than the 0.48 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Pulmonx this week, compared to 2 articles on an average week.

Search Interest

1 people have searched for LUNG on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pulmonx insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $361,494.00 in company stock.

Percentage Held by Insiders

Only 5.70% of the stock of Pulmonx is held by insiders.

Percentage Held by Institutions

91.04% of the stock of Pulmonx is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LUNG Stock Analysis - Frequently Asked Questions

How have LUNG shares performed this year?

Pulmonx's stock was trading at $12.75 at the beginning of 2024. Since then, LUNG stock has decreased by 49.6% and is now trading at $6.42.
View the best growth stocks for 2024 here.

How were Pulmonx's earnings last quarter?

Pulmonx Co. (NASDAQ:LUNG) released its quarterly earnings results on Wednesday, October, 30th. The company reported ($0.36) earnings per share for the quarter, topping analysts' consensus estimates of ($0.43) by $0.07. The firm earned $20.39 million during the quarter, compared to the consensus estimate of $20.39 million. Pulmonx had a negative trailing twelve-month return on equity of 53.88% and a negative net margin of 72.01%.

When did Pulmonx IPO?

Pulmonx (LUNG) raised $100 million in an initial public offering on Thursday, October 1st 2020. The company issued 6,700,000 shares at $14.00-$16.00 per share. BofA Securities and Morgan Stanley served as the underwriters for the IPO and Stifel, Wells Fargo Securities and Canaccord Genuity were co-managers.

Who are Pulmonx's major shareholders?

Pulmonx's top institutional shareholders include FMR LLC (14.87%), Primecap Management Co. CA (14.37%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.82%) and Geode Capital Management LLC (2.26%). Insiders that own company stock include Glendon E French III, Derrick Sung, Geoffrey Beran Rose, David Aaron Lehman, John Mckune, Richard Ferrari and Alissa Hsu Lynch.
View institutional ownership trends.

How do I buy shares of Pulmonx?

Shares of LUNG 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.

What other stocks do shareholders of Pulmonx own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pulmonx investors own include JPMorgan Chase & Co. (JPM), Tesla (TSLA), Meta Platforms (META), NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD) and Home Depot (HD).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:LUNG
• CUSIP: N/A
• CIK: 1127537
• Web: pulmonx.com
• Phone: 1-650-364-0400
• Fax: N/A
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $14.67
• High Stock Price Target: $17.00
• Low Stock Price Target: $10.00
• Potential Upside/Downside: +128.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.47)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-60,840,000.00
• Net Margins: -72.01%
• Pretax Margin: -71.12%
• Return on Equity: -53.88%
• Return on Assets: -33.47%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 7.70
• Quick Ratio: 6.77

Sales & Book Value

• Annual Sales: $68.68 million
• Price / Sales: 3.69
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $2.38 per share
• Price / Book: 2.70

Miscellaneous

• Outstanding Shares: 39,490,000
• Free Float: 37,237,000
• Market Cap: $253.53 million
• Optionable: Optionable
• Beta: 0.68