Free Trial
NASDAQ:SRDX

Surmodics (SRDX) Stock Price, News & Analysis

$41.97
-0.01 (-0.02%)
(As of 07/5/2024 08:53 PM ET)
Today's Range
$41.89
$41.97
50-Day Range
$25.69
$42.10
52-Week Range
$25.17
$42.36
Volume
387,300 shs
Average Volume
164,718 shs
Market Capitalization
$598.49 million
P/E Ratio
44.18
Dividend Yield
N/A
Price Target
$50.00

Surmodics MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
19.1% Upside
$50.00 Price Target
Short Interest
Healthy
4.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
-2.52
Upright™ Environmental Score
News Sentiment
0.38mentions of Surmodics in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.51) to $0.10 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.

3.39 out of 5 stars

Medical Sector

252nd out of 879 stocks

Surgical & Medical Instruments Industry

31st out of 95 stocks

SRDX stock logo

About Surmodics Stock (NASDAQ:SRDX)

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.

SRDX Stock Price History

SRDX Stock News Headlines

Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
Surmodics (NASDAQ:SRDX) Sees Strong Trading Volume
Obama wins Presidential debate
When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.”
GTCR To Acquire Surmodics - Quick Facts
See More Headlines
Receive SRDX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Surmodics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
5/01/2024
Today
7/07/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Current Symbol
NASDAQ:SRDX
CUSIP
86887310
Employees
376
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
+19.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-1,540,000.00
Pretax Margin
12.10%

Debt

Sales & Book Value

Annual Sales
$132.58 million
Cash Flow
$0.78 per share
Book Value
$8.48 per share

Miscellaneous

Free Float
12,991,000
Market Cap
$598.49 million
Optionable
Optionable
Beta
1.18

Social Links

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

SRDX Stock Analysis - Frequently Asked Questions

How have SRDX shares performed this year?

Surmodics' stock was trading at $36.35 at the beginning of the year. Since then, SRDX shares have increased by 15.5% and is now trading at $41.97.
View the best growth stocks for 2024 here
.

How were Surmodics' earnings last quarter?

Surmodics, Inc. (NASDAQ:SRDX) posted its earnings results on Wednesday, May, 1st. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.43. The firm had revenue of $31.96 million for the quarter, compared to the consensus estimate of $28.79 million. Surmodics had a net margin of 9.44% and a trailing twelve-month return on equity of 13.30%.

What is Gary Maharaj's approval rating as Surmodics' CEO?

8 employees have rated Surmodics Chief Executive Officer Gary Maharaj on Glassdoor.com. Gary Maharaj has an approval rating of 65% among the company's employees.

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.
Compare Top Brokerages Here.

What other stocks do shareholders of Surmodics own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Surmodics investors own include Gilead Sciences (GILD), Netflix (NFLX), Exelixis (EXEL), Intel (INTC), NVIDIA (NVDA), Tandem Diabetes Care (TNDM) and uniQure (QURE).

This page (NASDAQ:SRDX) was last updated on 7/8/2024 by MarketBeat.com Staff

From Our Partners