Psychemedics (PMD) Stock Price, News & Analysis

Company Overview

Psychemedics Corporation, together with its subsidiaries, engages in the provision of testing services for the detection of drugs of abuse and other health markers through the analysis of hair samples in the United States and internationally. It offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy, eve, and Adderall; opioids, such as heroin metabolite, morphine, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine; synthetic cannabinoids comprising K2, Spice, and Blaze; benzodiazepines consisting of Xanax, Valium, and Ativan; and nicotine, fentanyl and fentanyl analogs, and alcohol. The company's testing results provide quantitative information that could indicate the approximate amount of drug ingested, as well as historical data that could show a pattern of individual drug use over a longer period-of-time. It offers its services to employers for job applicant and employee testing; and treatment professionals, law enforcement agencies, school administrators, and parents concerned about their children's drug use. The company was incorporated in 1986 and is headquartered in Dallas, Texas.

Key Stats

• Today's Range: $2.46 to $2.77
• 50-Day Range: $2.31 to $3.21
• 52-Week Range: $1.63 to $3.93
• Volume: 113,600 shs
• Average Volume: 21,197 shs
• Market Capitalization: $15.73 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Psychemedics Stock Analysis - MarketRank™

Psychemedics scored higher than 29% of companies evaluated by MarketBeat, and ranked 814th out of 949 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Psychemedics.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Psychemedics is -5.24, 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 Psychemedics is -5.24, 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

Psychemedics has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.25% of the float of Psychemedics has been sold short.

Short Interest Ratio / Days to Cover

Psychemedics has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Psychemedics has recently decreased by 3.26%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Psychemedics does not currently pay a dividend.

Dividend Growth

Psychemedics has only been increasing its dividend for 1 years.

Sustainability and ESG

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

Percentage of Shares Shorted

1.25% of the float of Psychemedics has been sold short.

Short Interest Ratio / Days to Cover

Psychemedics has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Psychemedics has recently decreased by 3.26%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.96

News Sentiment

Psychemedics has a news sentiment score of 1.96. 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 higher news sentiment than the 0.57 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Psychemedics this week, compared to 0 articles on an average week.

Search Interest

2 people have searched for PMD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Psychemedics insiders have bought 384.38% more of their company's stock than they have sold. Specifically, they have bought $3,650,628.00 in company stock and sold $753,664.00 in company stock.

Percentage Held by Insiders

13.96% of the stock of Psychemedics is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 32.07% of the stock of Psychemedics is held by institutions.

PMD Stock Analysis - Frequently Asked Questions

How have PMD shares performed this year?

Psychemedics' stock was trading at $2.96 at the start of the year. Since then, PMD shares have decreased by 9.8% and is now trading at $2.67.
View the best growth stocks for 2024 here.

How were Psychemedics' earnings last quarter?

Psychemedics Co. (NASDAQ:PMD) announced its earnings results on Tuesday, April, 23rd. The company reported $0.11 earnings per share for the quarter. The business earned $9.82 million during the quarter. Psychemedics had a negative trailing twelve-month return on equity of 49.05% and a negative net margin of 14.59%.

How do I buy shares of Psychemedics?

Shares of PMD 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 Psychemedics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Psychemedics investors own include Pfizer (PFE), NVIDIA (NVDA), DraftKings (DKNG), UnitedHealth Group (UNH), Canopy Growth (CGC), Advanced Micro Devices (AMD) and McDonald's (MCD).

Company Calendar

• Last Earnings: 4/23/2019
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Medical laboratories
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:PMD
• CUSIP: N/A
• CIK: 806517
• Web: www.psychemedics.com
• Phone: (978) 206-8220
• Fax: 978-264-9236
• Employees: 140
• Year Founded: 1985

Profitability

• EPS (Most Recent Fiscal Year): ($0.51)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,150,000.00
• Net Margins: -14.59%
• Pretax Margin: -14.55%
• Return on Equity: -49.05%
• Return on Assets: -27.26%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.59
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: $22.10 million
• Price / Sales: 0.71
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.15 per share
• Price / Book: 2.32

Miscellaneous

• Outstanding Shares: 5,890,000
• Free Float: 5,071,000
• Market Cap: $15.73 million
• Optionable: Not Optionable
• Beta: 0.65