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NASDAQ:OM

Outset Medical (OM) Stock Price, News & Analysis

$3.83
-0.01 (-0.26%)
(As of 07/5/2024 08:53 PM ET)
Today's Range
$3.70
$3.91
50-Day Range
$2.53
$4.61
52-Week Range
$1.92
$20.96
Volume
643,700 shs
Average Volume
1.20 million shs
Market Capitalization
$198.09 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.42

Outset Medical MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
41.4% Upside
$5.42 Price Target
Short Interest
Bearish
16.84% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$217,924 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.23) to ($1.73) 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.

1.17 out of 5 stars

Medical Sector

720th out of 879 stocks

Electromedical Equipment Industry

15th out of 19 stocks

OM stock logo

About Outset Medical Stock (NASDAQ:OM)

Outset Medical, Inc., a medical technology company, engages in the development of a hemodialysis system for hemodialysis in the United States. The company offers Tablo Hemodialysis System, a compact console with integrated water purification, on-demand dialysate production, and software and connectivity capabilities for dialysis care in acute and home settings; and manufactures, supports, and distributes for Tablo console, Tablo cartridge, and other consumables. It also provides Tablo Data Ecosystem, including TabloHub, a customer-facing portal; MyTablo, a patient-facing portal; and TabloDash, an internal data analytics platform. The company was formerly known as Home Dialysis Plus, Ltd. and changed its name to Outset Medical, Inc. in January 2015. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, California.

OM Stock Price History

OM Stock News Headlines

3 MedTech Stocks to Buy for Healthy Gains
BUY ALERT: Tiny tech play partners with US government
The Federal Reserve is rolling out a powerful new financial technology across the entire U.S. banking system. It's forecasted to grow 24,290% in the near future... Meaning, your bank is nearly certain to adopt it (if it hasn't already).
RBC Capital Keeps Their Hold Rating on Outset Medical (OM)
BUY ALERT: Tiny tech play partners with US government
The Federal Reserve is rolling out a powerful new financial technology across the entire U.S. banking system. It's forecasted to grow 24,290% in the near future... Meaning, your bank is nearly certain to adopt it (if it hasn't already).
Why Outset Medical Is Rising In Pre-market?
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Today
7/07/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
N/A
Fax
N/A
Employees
480
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.42
High Stock Price Target
$6.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+41.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-172,800,000.00
Net Margins
-134.93%
Pretax Margin
-134.54%

Debt

Sales & Book Value

Annual Sales
$130.38 million
Book Value
$2.45 per share

Miscellaneous

Free Float
49,912,000
Market Cap
$198.09 million
Optionable
Not Optionable
Beta
2.00
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OM Stock Analysis - Frequently Asked Questions

How have OM shares performed this year?

Outset Medical's stock was trading at $5.41 at the start of the year. Since then, OM stock has decreased by 29.2% and is now trading at $3.83.
View the best growth stocks for 2024 here
.

How were Outset Medical's earnings last quarter?

Outset Medical, Inc. (NASDAQ:OM) posted its quarterly earnings results on Wednesday, May, 8th. The company reported ($0.73) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.60) by $0.13. The business earned $28.17 million during the quarter, compared to analysts' expectations of $30.55 million. Outset Medical had a negative net margin of 134.93% and a negative trailing twelve-month return on equity of 120.67%.

When did Outset Medical IPO?

Outset Medical (OM) raised $175 million in an IPO on Tuesday, September 15th 2020. The company issued 7,600,000 shares at $22.00-$24.00 per share. BofA Securities, Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and SVB Leerink and Stifel were co-managers.

How do I buy shares of Outset Medical?

Shares of OM 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:OM) was last updated on 7/8/2024 by MarketBeat.com Staff

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