Semler Scientific Inc. (NASDAQ:SMLR - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $29.18, but opened at $34.62. Semler Scientific shares last traded at $33.88, with a volume of 5,786,008 shares.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on SMLR shares. Benchmark decreased their target price on shares of Semler Scientific from $101.00 to $86.00 and set a "buy" rating on the stock in a research report on Tuesday. Maxim Group reduced their price target on shares of Semler Scientific from $95.00 to $80.00 and set a "buy" rating on the stock in a research report on Friday. Finally, Cantor Fitzgerald reduced their price target on shares of Semler Scientific from $61.00 to $60.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 6th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $74.25.
Read Our Latest Research Report on SMLR
Semler Scientific Trading Up 0.2%
The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 0.25. The business's 50 day moving average is $33.48 and its 200-day moving average is $35.41. The firm has a market cap of $475.92 million, a P/E ratio of 13.22 and a beta of 1.39.
Semler Scientific (NASDAQ:SMLR - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The company reported $5.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.27) by $5.31. The business had revenue of $8.22 million during the quarter, compared to analyst estimates of $8.10 million. Semler Scientific had a net margin of 86.20% and a return on equity of 43.84%.
Institutional Trading of Semler Scientific
A number of hedge funds and other institutional investors have recently made changes to their positions in SMLR. Nomura Holdings Inc. increased its stake in Semler Scientific by 5.8% during the second quarter. Nomura Holdings Inc. now owns 37,824 shares of the company's stock valued at $1,465,000 after purchasing an additional 2,062 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Semler Scientific by 354.8% during the second quarter. Tower Research Capital LLC TRC now owns 1,819 shares of the company's stock valued at $70,000 after purchasing an additional 1,419 shares during the last quarter. Corient Private Wealth LLC bought a new stake in Semler Scientific during the second quarter valued at $387,000. BNP Paribas Financial Markets increased its stake in Semler Scientific by 2,390.7% during the second quarter. BNP Paribas Financial Markets now owns 9,340 shares of the company's stock valued at $362,000 after purchasing an additional 8,965 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Semler Scientific by 13.4% during the second quarter. Ameriprise Financial Inc. now owns 28,819 shares of the company's stock valued at $1,116,000 after purchasing an additional 3,411 shares during the last quarter. Institutional investors own 49.37% of the company's stock.
Semler Scientific Company Profile
(
Get Free Report)
Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.
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