NASDAQ:ABMD - ABIOMED Stock Price, Forecast & News

$184.42

-5.49 (-2.89 %)

(As of 01/22/2020 04:00 PM ET)

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Today's Range

$183.93

Now: $184.42▼

$191.79

50-Day Range

$162.49

MA: $177.48▼

$193.92

52-Week Range

$155.02

Now: $184.42▼

$364.31

Volume818,686 shs

Average Volume1.27 million shs

Market Capitalization$8.33 billion

P/E Ratio38.58

Dividend YieldN/A

Beta0.28

ABIOMED, Inc engages in the research, development, and sale of medical devices to assist or replace the pumping function of the failing heart. It also provides continuum of care to heart failure patients. The company offers Impella 2.5 catheter, a percutaneous micro heart pump with integrated motor and sensors for use in interventional cardiology; and Impella CP, a device used by interventional cardiologists to support patients in the cath lab and cardiac surgeons in the heart surgery suite. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Surgical & medical instruments

Sub-IndustryHealth Care Equipment

SectorMedical

Current SymbolNASDAQ:ABMD

Previous Symbol

CUSIP00365410

CIK815094

Webhttp://www.abiomed.com/

Phone978-646-1400

Debt

Debt-to-Equity RatioN/A

Current Ratio5.77

Quick Ratio4.96

Price-To-Earnings

Trailing P/E Ratio38.58

Forward P/E Ratio42.59

P/E Growth1.61

Sales & Book Value

Annual Sales$769.43 million

Price / Sales10.82

Cash Flow$4.07 per share

Price / Cash Flow45.35

Book Value$20.78 per share

Price / Book8.87

Profitability

EPS (Most Recent Fiscal Year)$3.60

Net Income$259.02 million

Net Margins26.92%

Return on Equity19.89%

Return on Assets17.66%

Miscellaneous

Employees1,371

Outstanding Shares45,155,000

Market Cap$8.33 billion

Next Earnings Date2/6/2020 (Confirmed)

OptionableOptionable

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ABIOMED (NASDAQ:ABMD) Frequently Asked Questions

What is ABIOMED's stock symbol?

ABIOMED trades on the NASDAQ under the ticker symbol "ABMD."

How were ABIOMED's earnings last quarter?

ABIOMED, Inc. (NASDAQ:ABMD) posted its quarterly earnings results on Thursday, October, 31st. The medical equipment provider reported $1.03 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.93 by $0.10. The medical equipment provider had revenue of $204.97 million for the quarter, compared to the consensus estimate of $206.45 million. ABIOMED had a net margin of 26.92% and a return on equity of 19.89%. The firm's revenue was up 12.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 EPS. View ABIOMED's Earnings History.

When is ABIOMED's next earnings date?

ABIOMED is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for ABIOMED.

How can I listen to ABIOMED's earnings call?

ABIOMED will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What guidance has ABIOMED issued on next quarter's earnings?

ABIOMED updated its third quarter 2020 Pre-Market earnings guidance on Monday, January, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $221.6-221.6 million, compared to the consensus revenue estimate of $226.68 million.

What price target have analysts set for ABMD?

7 brokerages have issued 12 month target prices for ABIOMED's stock. Their forecasts range from $198.00 to $400.00. On average, they anticipate ABIOMED's stock price to reach $294.50 in the next twelve months. This suggests a possible upside of 59.7% from the stock's current price. View Analyst Price Targets for ABIOMED.

What is the consensus analysts' recommendation for ABIOMED?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABIOMED in the last year. There are currently 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ABIOMED.

What are Wall Street analysts saying about ABIOMED stock?

Here are some recent quotes from research analysts about ABIOMED stock:

1. According to Zacks Investment Research, "ABIOMED wrapped up fourth-quarter fiscal 2019 on a mixed note. Competition in the MedTech industry is intense. Pricing pressure and foreign currency headwinds persist. ABIOMED has underperformed the industry in a year’s time. However, the company continues to gain from its flagship Impella, which saw a strong quarter. Impella’s patient success stories and increasing global adoption are added positives. Revenues from Japan also skyrocketed in the quarter. Considerable expansion in the operating margin buoys optimism. Meanwhile, surging R&D expenses show increasing focus on innovation. In fact, the company continues to invest in training and education. The recent CE Mark of the Impella Connect is encouraging as well. The company’s balance sheet is debt-free." (5/8/2019)
2. BTIG Research analysts commented, "Term; Trimming PT to $340 From $400 Abiomed missed estimates in the quarter, delivering sales of $207M, short of consensus’ $219M forecast. Most of the weakness was U.S. driven, due to a weak cath lab (also seen in peer results) and to a greater extent, mix disruption leading to mgmt’s disproportionate focus away from protected PCI/elective procedures. To reflect these pressures, mgmt’s initial FY20 outlook calls for revenue growth of 17-23%, 6% below what mgmt (and we) would’ve considered more likely (and exactly the exact magnitude of the FQ4 shortfall). Mgmt outlined a number of initiatives to address these issues and noted that April is reportedly promising. The fact that mgmt still remains confident in addressable market and has left room to revise guidance during its next earnings call suggest there is good chance of upside." (5/7/2019)

Has ABIOMED been receiving favorable news coverage?

Media stories about ABMD stock have been trending neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ABIOMED earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned news stories about the medical equipment provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next few days. View News Stories for ABIOMED.

Are investors shorting ABIOMED?

ABIOMED saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,320,000 shares, an increase of 21.7% from the December 15th total of 3,550,000 shares. Based on an average daily trading volume, of 806,900 shares, the short-interest ratio is currently 5.4 days. Currently, 9.8% of the shares of the stock are sold short. View ABIOMED's Current Options Chain.

Who are some of ABIOMED's key competitors?

Some companies that are related to ABIOMED include Medtronic (MDT), Abbott Laboratories (ABT), Stryker (SYK), Becton Dickinson and (BDX), Intuitive Surgical (ISRG), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), IDEXX Laboratories (IDXX), ResMed (RMD), DexCom (DXCM), Teleflex (TFX), Hologic (HOLX), Varian Medical Systems (VAR) and Steris (STE).

What other stocks do shareholders of ABIOMED own?

Based on aggregate information from My MarketBeat watchlists, some companies that other ABIOMED investors own include NVIDIA (NVDA), Alibaba Group (BABA), Align Technology (ALGN), Micron Technology (MU), Arista Networks (ANET), Square (SQ), Netflix (NFLX), Intuitive Surgical (ISRG), bluebird bio (BLUE) and Adobe (ADBE).

Who are ABIOMED's key executives?

ABIOMED's management team includes the folowing people:

Mr. Michael R. Minogue, Chairman, CEO & Pres (Age 52)
Dr. David M. Weber, Chief Operating Officer (Age 58)
Mr. Michael G. Howley, VP & GM of Global Sales (Age 55)
Mr. William J. Bolt, Exec. Officer (Age 67)
Mr. Ian McLeod, VP & Corp. Controller

Who are ABIOMED's major shareholders?

ABIOMED's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Marathon Asset Management LLP (0.25%), Country Trust Bank (0.24%), Global Thematic Partners LLC (0.22%), Rhenman & Partners Asset Management AB (0.19%), Chicago Capital LLC (0.17%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.04%). Company insiders that own ABIOMED stock include Andrew J Greenfield, David M Weber, Martin P Sutter, Michael G Howley, Michael R Minogue and William J Bolt. View Institutional Ownership Trends for ABIOMED.

Which institutional investors are selling ABIOMED stock?

ABMD stock was sold by a variety of institutional investors in the last quarter, including Rhenman & Partners Asset Management AB, Marathon Asset Management LLP, Country Trust Bank, Meag Munich Ergo Kapitalanlagegesellschaft MBH, State of Alaska Department of Revenue, Louisiana State Employees Retirement System and Capital Investment Advisors LLC. Company insiders that have sold ABIOMED company stock in the last year include David M Weber and Martin P Sutter. View Insider Buying and Selling for ABIOMED.

Which institutional investors are buying ABIOMED stock?

ABMD stock was purchased by a variety of institutional investors in the last quarter, including Global Thematic Partners LLC, Chicago Capital LLC, Alpine Global Management LLC, Commerzbank Aktiengesellschaft FI, Janney Montgomery Scott LLC, Altman Advisors Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA and Exchange Traded Concepts LLC. View Insider Buying and Selling for ABIOMED.

How do I buy shares of ABIOMED?

Shares of ABMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is ABIOMED's stock price today?

One share of ABMD stock can currently be purchased for approximately $184.42.

How big of a company is ABIOMED?

ABIOMED has a market capitalization of $8.33 billion and generates $769.43 million in revenue each year. The medical equipment provider earns $259.02 million in net income (profit) each year or $3.60 on an earnings per share basis. ABIOMED employs 1,371 workers across the globe.View Additional Information About ABIOMED.

What is ABIOMED's official website?

The official website for ABIOMED is http://www.abiomed.com/.

How can I contact ABIOMED?

ABIOMED's mailing address is 22 CHERRY HILL DR, DANVERS MA, 01923. The medical equipment provider can be reached via phone at 978-646-1400 or via email at [email protected]

MarketBeat Community Rating for ABIOMED (NASDAQ ABMD)

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		492 (Vote Outperform)
Underperform Votes:		443 (Vote Underperform)
Total Votes:		935

MarketBeat's community ratings are surveys of what our community members think about ABIOMED and other stocks. Vote "Outperform" if you believe ABMD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABMD will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/22/2020 by MarketBeat.com Staff

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