Pro-Dex (PDEX) Stock Price, News & Analysis

Company Overview

Pro-Dex, Inc. designs, develops, manufactures, and sells powered surgical instruments for medical device original equipment manufacturers worldwide. The company offers autoclavable, battery-powered and electric, and multi-function surgical drivers and shavers that are primarily used in the orthopedic, thoracic, and craniomaxillofacial markets. It also provides engineering, quality, and regulatory consulting services; and manufactures and sells rotary air motors to various industries. The company's products are used in hospitals, medical engineering labs, scientific research facilities, and high-tech manufacturing operations. Pro-Dex, Inc. was founded in 1978 and is headquartered in Irvine, California.

Key Stats

• Today's Range: $45.75 to $48.81
• 50-Day Range: $26.95 to $53.82
• 52-Week Range: $16.18 to $54.84
• Volume: 64,423 shs
• Average Volume: 16,565 shs
• Market Capitalization: $158.84 million
• P/E Ratio: 31.65
• Dividend Yield: N/A
• Price Target: $52.00
• Consensus Rating: Buy

Pro-Dex Stock Analysis - MarketRank™

Pro-Dex scored higher than 41% of companies evaluated by MarketBeat, and ranked 398th out of 947 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: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Pro-Dex has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Pro-Dex has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.63%

Earnings Growth

Earnings for Pro-Dex are expected to grow by 5.63% in the coming year, from $1.42 to $1.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pro-Dex is 31.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pro-Dex is 31.65, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 91.08.

Price to Book Value per Share Ratio

Pro-Dex has a P/B Ratio of 5.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

1.16% of the float of Pro-Dex has been sold short.

Short Interest Ratio / Days to Cover

Pro-Dex has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pro-Dex has recently decreased by 41.77%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Pro-Dex does not currently pay a dividend.

Dividend Growth

Pro-Dex does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

1.16% of the float of Pro-Dex has been sold short.

Short Interest Ratio / Days to Cover

Pro-Dex has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Pro-Dex has recently decreased by 41.77%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Pro-Dex has a news sentiment score of 0.30. 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 0.61 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Pro-Dex this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Pro-Dex to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Pro-Dex insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $40,020.00 in company stock.

Percentage Held by Insiders

47.50% of the stock of Pro-Dex is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 15.28% of the stock of Pro-Dex is held by institutions.

PDEX Stock Analysis - Frequently Asked Questions

How have PDEX shares performed this year?

Pro-Dex's stock was trading at $17.52 at the beginning of the year. Since then, PDEX shares have increased by 178.2% and is now trading at $48.74.
View the best growth stocks for 2024 here.

How were Pro-Dex's earnings last quarter?

Pro-Dex, Inc. (NASDAQ:PDEX) released its earnings results on Thursday, September, 5th. The medical instruments supplier reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.11. The medical instruments supplier had revenue of $15.03 million for the quarter. Pro-Dex had a net margin of 9.17% and a trailing twelve-month return on equity of 16.74%.

Who are Pro-Dex's major shareholders?

Pro-Dex's top institutional investors include Geode Capital Management LLC (0.84%), Bard Associates Inc. (0.42%) and FMR LLC (0.12%). Insiders that own company stock include Alisha Charlton and Angelita Rebamontan Domingo.
View institutional ownership trends.

How do I buy shares of Pro-Dex?

Shares of PDEX 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 Pro-Dex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pro-Dex investors own include NVIDIA (NVDA), Broadcom (AVGO), Novo Nordisk A/S (NVO), Adobe (ADBE), ServiceNow (NOW), Arista Networks (ANET) and Jabil (JBL).

Company Calendar

• Last Earnings: 9/05/2024
• Today: 12/21/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: NASDAQ:PDEX
• CUSIP: N/A
• CIK: 788920
• Web: www.pro-dex.com
• Phone: (949) 769-3200
• Fax: 949-769-3281
• Employees: 140
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $52.00
• High Stock Price Target: $52.00
• Low Stock Price Target: $52.00
• Potential Upside/Downside: +6.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.54
• Trailing P/E Ratio: 31.65
• Forward P/E Ratio: 34.32
• P/E Growth: N/A
• Net Income: $2.13 million
• Net Margins: 9.17%
• Pretax Margin: 11.94%
• Return on Equity: 16.74%
• Return on Assets: 9.98%

Debt

• Debt-to-Equity Ratio: 0.36
• Current Ratio: 3.41
• Quick Ratio: 1.94

Sales & Book Value

• Annual Sales: $56.80 million
• Price / Sales: 2.80
• Cash Flow: $0.94 per share
• Price / Cash Flow: 51.63
• Book Value: $9.03 per share
• Price / Book: 5.40

Miscellaneous

• Outstanding Shares: 3,259,000
• Free Float: 1,711,000
• Market Cap: $158.84 million
• Optionable: Not Optionable
• Beta: 0.56