Surmodics (SRDX) Stock Price, News & Analysis

Company Overview

Surmodics, Inc., together with its subsidiaries, provides performance coating technologies for intravascular medical devices, and chemical and biological components for in vitro diagnostic immunoassay tests and microarrays in the United States and internationally. It operates through two segments, Medical Device and In Vitro Diagnostics (IVD). The Medical Device segment engages in the provision of surface modification coating technologies to enhance access, deliverability, and predictable deployment of medical devices; and drug-delivery coating technologies to provide site-specific drug-delivery from the surface of a medical device for neurovascular, peripheral, coronary, and structural heart, and other markets, as well as manufacturing of vascular intervention medical devices, including drug-coated balloons, mechanical thrombectomy devices, and radial access balloon catheters and guide sheaths. The IVD segment develops, manufactures, and sells chemical and biological components for in vitro diagnostic immunoassay and molecular tests, as well as diagnostic and biomedical research markets. This segment offers protein stabilizers, substrates, surface coatings, and antigens. The company was founded in 1979 and is headquartered in Eden Prairie, Minnesota.

Key Stats

• Today's Range: $33.46 to $34.43
• 50-Day Range: $33.62 to $40.13
• 52-Week Range: $25.17 to $42.44
• Volume: 291,097 shs
• Average Volume: 348,638 shs
• Market Capitalization: $480.77 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $50.00
• Consensus Rating: Hold

Surmodics Stock Analysis - MarketRank™

Surmodics scored higher than 87% of companies evaluated by MarketBeat, and ranked 151st out of 955 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Surmodics has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 352.63%

Earnings Growth

Earnings for Surmodics are expected to grow by 352.63% in the coming year, from $0.19 to $0.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Surmodics is -33.29, 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 Surmodics is -33.29, 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

Surmodics has a P/B Ratio of 4.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.37% of the float of Surmodics has been sold short.

Short Interest Ratio / Days to Cover

Surmodics has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Surmodics has recently increased by 32.99%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Surmodics does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -2.52

Percentage of Shares Shorted

3.37% of the float of Surmodics has been sold short.

Short Interest Ratio / Days to Cover

Surmodics has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Surmodics has recently increased by 32.99%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.35

News Sentiment

Surmodics has a news sentiment score of 0.35. 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 news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for Surmodics this week, compared to 2 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Surmodics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $276,435.00 in company stock.

Percentage Held by Insiders

Only 8.90% of the stock of Surmodics is held by insiders.

Percentage Held by Institutions

96.63% of the stock of Surmodics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SRDX Stock Analysis - Frequently Asked Questions

How have SRDX shares performed this year?

Surmodics' stock was trading at $39.60 at the beginning of the year. Since then, SRDX shares have decreased by 15.1% and is now trading at $33.62.
View the best growth stocks for 2025 here.

How were Surmodics' earnings last quarter?

Surmodics, Inc. (NASDAQ:SRDX) issued its quarterly earnings data on Thursday, February, 6th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.04. Surmodics had a negative trailing twelve-month return on equity of 4.39% and a negative net margin of 11.48%.

Who are Surmodics' major shareholders?

Surmodics' top institutional shareholders include Salem Investment Counselors Inc. (0.80%), Bank of New York Mellon Corp (0.31%), Principal Financial Group Inc. (0.25%) and Rhumbline Advisers (0.14%). Insiders that own company stock include Gary R Maharaj, Timothy J Arens, David Dantzker, Ronald B Sr Kalich Sr and Jose H Bedoya.
View institutional ownership trends.

How do I buy shares of Surmodics?

Shares of SRDX 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.

What other stocks do shareholders of Surmodics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Surmodics investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Palo Alto Networks (PANW).

Company Calendar

• Today: 2/04/2025
• Last Earnings: 2/06/2025
• Next Earnings (Estimated): 2/06/2025
• Fiscal Year End: 9/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Surgical & medical instruments
• Sub-Industry: Health Care Equipment
• Current Symbol: NASDAQ:SRDX
• CUSIP: 86887310
• CIK: 924717
• Web: www.surmodics.com
• Phone: (952) 500-7000
• Fax: 952-500-7001
• Employees: 450
• Year Founded: 1979

Price Target and Rating

• Average Stock Price Target: $50.00
• High Stock Price Target: $71.00
• Low Stock Price Target: $43.00
• Potential Upside/Downside: +48.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 176.95
• P/E Growth: N/A
• Net Income: $-11,540,000.00
• Net Margins: -11.48%
• Pretax Margin: -7.75%
• Return on Equity: -4.39%
• Return on Assets: -2.95%

Debt

• Debt-to-Equity Ratio: 0.26
• Current Ratio: 5.45
• Quick Ratio: 4.29

Sales & Book Value

• Annual Sales: $126.08 million
• Price / Sales: 3.81
• Cash Flow: $0.31 per share
• Price / Cash Flow: 110.03
• Book Value: $8.33 per share
• Price / Book: 4.04

Miscellaneous

• Outstanding Shares: 14,300,000
• Free Float: 13,024,000
• Market Cap: $480.77 million
• Optionable: Optionable
• Beta: 1.20