NASDAQ:ABMDABIOMED Stock Price, Forecast & News

$206.16

+9.84 (+5.01 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$196.03

Now: $206.16▼

$207.22

50-Day Range

$141.40

MA: $175.03▼

$206.16

52-Week Range

$119.01

Now: $206.16▼

$285.77

Volume642,052 shs

Average Volume622,529 shs

Market Capitalization$9.27 billion

P/E Ratio46.64

Dividend YieldN/A

Beta0.86

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. It also provides Impella 5.0 and Impella LD, which are percutaneous micro heart pumps with integrated motors and sensors for use primarily in the heart surgery suite; and Impella RP, a percutaneous catheter-based axial flow pump. In addition, the company is involved in the development of Impella 5.5 and Impella BTR that are percutaneous micro heart pumps with integrated motors and sensors; and Impella ECP pump, a device for blood flow of greater than three liters per minute. It sells its products through direct sales and clinical support personnel in the United States, Canada, Europe, and Japan. The company was founded in 1981 and is headquartered in Danvers, Massachusetts.

Beat the Market (BTM) Rank^™

1.1 Analyst's Opinion

Consensus Rating
ABIOMED has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $180.50, ABIOMED has a potential downside of 12.4% from its current price of $206.16.
Amount of Analyst Coverage
ABIOMED has only been the subject of 4 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
ABIOMED has received 519 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ABIOMED has received 469 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ABIOMED has received 52.53% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
ABIOMED does not currently pay a dividend.
Dividend Growth
ABIOMED does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ABIOMED insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.40% of the stock of ABIOMED is held by insiders.
Percentage Held by Institutions
94.17% of the stock of ABIOMED is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for ABIOMED are expected to grow by 42.94% in the coming year, from $3.26 to $4.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of ABIOMED is 46.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of ABIOMED is 46.64, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 20.40.
Price to Earnings Growth Ratio
ABIOMED has a PEG Ratio of 3.25. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
ABIOMED has a P/B Ratio of 8.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.32 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Surgical & medical instruments

Sub-IndustryHealth Care Equipment

SectorMedical

Current SymbolNASDAQ:ABMD

Previous Symbol

CUSIP00365410

CIK815094

Webwww.abiomed.com

Phone978-646-1400

Debt

Debt-to-Equity RatioN/A

Current Ratio4.82

Quick Ratio4.14

Price-To-Earnings

Trailing P/E Ratio46.64

Forward P/E Ratio63.24

P/E Growth3.25

Sales & Book Value

Annual Sales$840.88 million

Price / Sales11.02

Cash Flow$5.27 per share

Price / Cash Flow39.09

Book Value$23.64 per share

Price / Book8.72

Profitability

EPS (Most Recent Fiscal Year)$4.74

Net Income$203.01 million

Net Margins24.14%

Return on Equity18.51%

Return on Assets16.31%

Miscellaneous

Employees1,371

Outstanding Shares44,960,000

Market Cap$9.27 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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ABIOMED (NASDAQ:ABMD) Frequently Asked Questions

How has ABIOMED's stock been impacted by COVID-19 (Coronavirus)?

ABIOMED's stock was trading at $151.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ABMD stock has increased by 36.4% and is now trading at $206.16. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of ABIOMED?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ABIOMED in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for ABIOMED.

When is ABIOMED's next earnings date?

ABIOMED is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for ABIOMED.

How were ABIOMED's earnings last quarter?

ABIOMED, Inc. (NASDAQ:ABMD) issued its quarterly earnings results on Thursday, April, 30th. The medical equipment provider reported $0.70 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.96 by $0.26. The medical equipment provider earned $206.66 million during the quarter, compared to analyst estimates of $209.58 million. ABIOMED had a net margin of 24.14% and a return on equity of 18.51%. The business's revenue was down .2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.60 EPS. View ABIOMED's earnings history.

What price target have analysts set for ABMD?

8 Wall Street analysts have issued twelve-month target prices for ABIOMED's shares. Their forecasts range from $152.00 to $240.00. On average, they expect ABIOMED's share price to reach $180.50 in the next year. This suggests that the stock has a possible downside of 12.4%. View analysts' price targets for ABIOMED.

Has ABIOMED been receiving favorable news coverage?

Media headlines about ABMD stock have trended very negative this week, InfoTrie reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ABIOMED earned a news impact score of -3.0 on InfoTrie's scale. They also gave news articles about the medical equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutABIOMED.

Who are some of ABIOMED's key competitors?

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

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), Micron Technology (MU), Align Technology (ALGN), Netflix (NFLX), Arista Networks (ANET), Square (SQ), Paypal (PYPL), salesforce.com (CRM) and Adobe (ADBE).

Who are ABIOMED's key executives?

ABIOMED's management team includes the following 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

What is ABIOMED's stock symbol?

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

Who are ABIOMED's major shareholders?

ABIOMED's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.37%), Primecap Management Co. CA (6.49%), Wellington Management Group LLP (6.39%), Baillie Gifford & Co. (6.05%), State Street Corp (4.43%) and Brown Capital Management LLC (3.64%). Company insiders that own ABIOMED stock include Andrew J Greenfield, David M Weber, Martin P Sutter, Michael G Howley and Michael R Minogue. View institutional ownership trends for ABIOMED.

Which major investors are selling ABIOMED stock?

ABMD stock was sold by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, William Blair Investment Management LLC, Franklin Resources Inc., Janus Henderson Group PLC, Primecap Management Co. CA, Morgan Stanley, Two Sigma Advisers LP, and State Street Corp. View insider buying and selling activity for ABIOMED.

Which major investors are buying ABIOMED stock?

ABMD stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Alliancebernstein L.P., BlackRock Inc., Baird Financial Group Inc., Global Thematic Partners LLC, Fred Alger Management LLC, Deutsche Bank AG, and TimesSquare Capital Management LLC. View insider buying and selling activity 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 $206.16.

How big of a company is ABIOMED?

ABIOMED has a market capitalization of $9.27 billion and generates $840.88 million in revenue each year. The medical equipment provider earns $203.01 million in net income (profit) each year or $4.74 on an earnings per share basis. ABIOMED employs 1,371 workers across the globe.

What is ABIOMED's official website?

The official website for ABIOMED is 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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff