Positive News SentimentPositive NewsNASDAQ:DMTK DermTech (DMTK) Stock Price, News & Analysis → Look Who Fired the World’s Richest Man (From Banyan Hill Publishing) (Ad) Free DMTK Stock Alerts $0.64 +0.02 (+3.24%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$0.61▼$0.6550-Day Range$0.59▼$0.8552-Week Range$0.57▼$3.90Volume128,976 shsAverage Volume288,798 shsMarket Capitalization$22.09 millionP/E RatioN/ADividend YieldN/APrice Target$2.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get DermTech alerts: Email Address DermTech MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside272.5% Upside$2.38 Price TargetShort InterestBearish10.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($2.26) to ($2.23) Per ShareSee Full Details Hide Full Details 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.0.94 out of 5 starsMedical Sector2475th out of 2,771 stocksMedical Laboratories Industry55th out of 57 stocks 3.0 Analyst's Opinion Consensus RatingDermTech has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageDermTech has only been the subject of 3 research reports in the past 90 days.Read more about DermTech's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.13% of the float of DermTech has been sold short.Short Interest Ratio / Days to CoverDermTech has a short interest ratio ("days to cover") of 10.9, which indicates bearish sentiment.Change versus previous monthShort interest in DermTech has recently increased by 0.32%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldDermTech does not currently pay a dividend.Dividend GrowthDermTech does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DMTK. Previous Next 2.7 News and Social Media Coverage News SentimentDermTech has a news sentiment score of 1.89. 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 WeekMarketBeat has tracked 1 news article for DermTech this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added DermTech to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DermTech insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.10% of the stock of DermTech is held by insiders.Percentage Held by InstitutionsOnly 20.45% of the stock of DermTech is held by institutions.Read more about DermTech's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for DermTech are expected to grow in the coming year, from ($2.26) to ($2.23) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DermTech is -0.20, 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. SectorThe P/E ratio of DermTech is -0.20, 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 RatioDermTech has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about DermTech's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About DermTech Stock (NASDAQ:DMTK)DermTech, Inc., a molecular diagnostic company, engages in the development and marketing of novel non-invasive genomics tests to aid in the diagnosis and management of melanoma in the United States. The company provides DermTech Melanoma Test (DMT), an innovative non-invasive way to enhance melanoma detection for developing product for non-melanoma skin cancers. It also offers DermTech Smart Sticker, which provides a non-invasively way to collect skin sample including standard care by using scalpel to biopsy suspicious lesions. In addition, it provides research services and technology platform on a contract basis to pharmaceutical companies which use the technology for clinical trials. Further, the company develops gene expression assays for the psoriasis, atopic dermatitis, and aging of the skin to pharmaceutical companies to develop drug products in dermatology; and develop custom gene assays to support the pharmaceutical partners. It sells its products through pathology and oncology practitioners. DermTech, Inc. is headquartered in San Diego, California.Read More DMTK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DMTK Stock News HeadlinesMay 14 at 8:57 PM | msn.comDermTech GAAP EPS of -$0.58, revenue of $3.85MMay 14 at 8:57 PM | finance.yahoo.comDermTech Reports First-Quarter 2024 Financial ResultsApril 20, 2024 | investing.comDermTech stock downgraded by BTIG amid strategic reviewApril 19, 2024 | msn.comBTIG Downgrades DermTech (DMTK)April 19, 2024 | markets.businessinsider.comWhat Analysts Are Saying About DermTech StockApril 18, 2024 | marketwatch.comDermTech to Slash 56% of Workforce, Explore OptionsApril 18, 2024 | msn.comDermTech exploring strategic alternatives, cutting 56% of staffApril 18, 2024 | businesswire.comDermTech to Explore Strategic Alternatives and Implement Restructuring PlanApril 17, 2024 | finance.yahoo.comDermTech, Inc. (DMTK)March 8, 2024 | businesswire.comDermTech Presents Research Abstracts at the 2024 American Academy of Dermatology (AAD) Annual Meeting and New Research Published in the Journal of Investigative DermatologyMarch 7, 2024 | investing.comStephens cuts DermTech stock target to $1.50, keeps Equal Weight ratingMarch 2, 2024 | finance.yahoo.comDermTech, Inc. (NASDAQ:DMTK) Q4 2023 Earnings Call TranscriptFebruary 29, 2024 | benzinga.comRecap: DermTech Q4 EarningsFebruary 29, 2024 | businesswire.comDermTech Reports Fourth-Quarter 2023 Financial ResultsFebruary 28, 2024 | msn.comDermTech Q4 2023 Earnings PreviewFebruary 13, 2024 | finance.yahoo.comDermTech Announces Release Date for Fourth-quarter 2023 Financial ResultsFebruary 1, 2024 | markets.businessinsider.comDermTech International Registered ShsJanuary 31, 2024 | marketwatch.comDermTech to Cut Workforce by 15%, Six Months After Round of LayoffsJanuary 31, 2024 | finance.yahoo.comDermTech Announces Additional Restructuring Actions to Focus on Revenue Growth and Streamline OperationsJanuary 18, 2024 | msn.comDermTech study finds melanoma test effective for all skin typesJanuary 18, 2024 | finance.yahoo.comDermTech Announces Positive Topline Results From a Study Evaluating the DermTech Melanoma Test (DMT) Across All Skin TypesJanuary 16, 2024 | finance.yahoo.comDermTech Simplifies the DermTech Melanoma Test (DMT) by Discontinuing the Optional TERT Add-on AssayJanuary 8, 2024 | marketwatch.comDermTech Shares Rise 14% After Positive Results in Melanoma Test StudyJanuary 8, 2024 | seekingalpha.comDermTech stock rallies 18% on positive study for melanoma testJanuary 8, 2024 | finance.yahoo.comDermTech Announces Positive Topline Results From Trust 2 Study Evaluating the DermTech Melanoma Test (DMT)See More Headlines Receive DMTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DermTech and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/29/2024Today5/14/2024Next Earnings (Estimated)5/16/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Medical laboratories Sub-IndustryN/A Current SymbolNASDAQ:DMTK CUSIPN/A CIK1651944 Webwww.dermtech.com Phone(858) 450-4222FaxN/AEmployees206Year FoundedN/APrice Target and Rating Average Stock Price Target$2.38 High Stock Price Target$5.00 Low Stock Price Target$0.63 Potential Upside/Downside+279.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($3.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-100,890,000.00 Net Margins-659.57% Pretax Margin-659.57% Return on Equity-123.96% Return on Assets-67.94% Debt Debt-to-Equity RatioN/A Current Ratio4.59 Quick Ratio4.52 Sales & Book Value Annual Sales$15.30 million Price / Sales1.42 Cash FlowN/A Price / Cash FlowN/A Book Value$1.67 per share Price / Book0.37Miscellaneous Outstanding Shares34,620,000Free Float32,857,000Market Cap$21.67 million OptionableOptionable Beta2.53 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Kevin Sun M.B.A. (Age 46)CFO, Treasurer & Secretary Comp: $461.92kMr. Ray Akhavan Esq. (Age 55)J.D., General Counsel Comp: $413.06kMr. Bret Christensen (Age 53)President, CEO & Director Mr. William W. ZondlerChief Information OfficerMr. Steve E. KunszaboSenior Director of Investor RelationsMs. Jennifer EilembergChief Compliance OfficerDr. Burkhard Jansen M.D. (Age 58)Chief Medical Affairs Officer Comp: $419.8kDr. Loren Clarke M.D.Chief Medical OfficerDr. Steven Stone Ph.D.Senior Vice President of Research & DevelopmentMr. Mark AguillardChief Commercial OfficerMore ExecutivesKey CompetitorsExagenNASDAQ:XGNPsychemedicsNASDAQ:PMDBioNexus Gene LabNASDAQ:BGLCOpGenNASDAQ:OPGNRenalytixNASDAQ:RNLXView All CompetitorsInsiders & InstitutionsTexas Capital Bank Wealth Management Services IncBought 80,000 shares on 5/13/2024Ownership: 0.578%Kevin M SunSold 447 sharesTotal: $648.15 ($1.45/share)Claudia IbarraSold 331 sharesTotal: $479.95 ($1.45/share)Kevin M SunSold 4,979 sharesTotal: $7,617.87 ($1.53/share)Claudia IbarraSold 3,911 sharesTotal: $5,983.83 ($1.53/share)View All Insider TransactionsView All Institutional Transactions DMTK Stock Analysis - Frequently Asked Questions Should I buy or sell DermTech stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DermTech in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DMTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DMTK, but not buy additional shares or sell existing shares. View DMTK analyst ratings or view top-rated stocks. What is DermTech's stock price target for 2024? 3 equities research analysts have issued 12 month price targets for DermTech's stock. Their DMTK share price targets range from $0.63 to $5.00. On average, they anticipate the company's stock price to reach $2.38 in the next year. This suggests a possible upside of 272.5% from the stock's current price. View analysts price targets for DMTK or view top-rated stocks among Wall Street analysts. How have DMTK shares performed in 2024? DermTech's stock was trading at $1.75 at the beginning of the year. Since then, DMTK stock has decreased by 63.5% and is now trading at $0.6380. View the best growth stocks for 2024 here. When is DermTech's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our DMTK earnings forecast. How were DermTech's earnings last quarter? DermTech, Inc. (NASDAQ:DMTK) posted its earnings results on Thursday, February, 29th. The company reported ($0.56) EPS for the quarter, missing analysts' consensus estimates of ($0.54) by $0.02. The company had revenue of $3.92 million for the quarter, compared to the consensus estimate of $4.05 million. DermTech had a negative net margin of 659.57% and a negative trailing twelve-month return on equity of 123.96%. What other stocks do shareholders of DermTech own? Based on aggregate information from My MarketBeat watchlists, some companies that other DermTech investors own include Pfizer (PFE), CrowdStrike (CRWD), DocuSign (DOCU), ONEOK (OKE), Intel (INTC), U.S. Xpress Enterprises (USX), Valero Energy (VLO), Hello Group (MOMO), AVEO Pharmaceuticals (AVEO) and Camping World (CWH). Who are DermTech's major shareholders? DermTech's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Texas Capital Bank Wealth Management Services Inc (0.58%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Claudia Ibarra, Enrico Picozza, Herm Rosenman, John Dobak, Kevin M Sun, Mutual Insurance Co Donegal, Ramin Akhavan, Rtw Investments, Lp, Scott R Pancoast and Todd Michael Wood. View institutional ownership trends. How do I buy shares of DermTech? Shares of DMTK 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:DMTK) was last updated on 5/14/2024 by MarketBeat.com Staff From Our PartnersDid Intel Just Dethrone Nvidia?Chaikin AnalyticsClaim Your Complimentary Bitcoin RewardCrypto Swap ProfitsCharles Payne Demystifies OptionsUnstoppable ProsperityThe only AI company you should be looking atBehind the MarketsTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressRevolutionizing the Green Energy Space and Building Shareholder Value Along the WaySmall Cap SniperElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding DermTech, Inc. 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