Apollo Endosurgery, Inc., a medical technology company, focuses on the design, development, and commercialization of medical devices for the treatment of obesity. The company offers endo-bariatric products, such as Orbera intragastric balloon system and Orbera365 Managed Weight Loss System, which are non-surgical alternatives for the treatment of overweight and obese adults; and OverStitch endoscopic suturing system that enables endoscopic procedures by allowing physicians to place full-thickness sutures and secure the approximation of tissue through flexible endoscope. It also provides surgical products, including Lap-Band system, a system designed to provide minimally invasive long-term treatment of obesity; and accessories used in laparoscopic bariatric surgeries. The company sells its products primarily in the United States, Europe, Australia, Brazil, and Canada. Apollo Endosurgery, Inc. was founded in 2005 and is headquartered in Austin, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:APEN
Previous Symbol
CUSIPN/A
Phone512-279-5100
Debt
Debt-to-Equity Ratio0.67
Current Ratio2.42
Quick Ratio1.81
Price-To-Earnings
Trailing P/E Ratio-1.67
Forward P/E Ratio-1.98
P/E GrowthN/A
Sales & Book Value
Annual Sales$64.31 million
Price / Sales1.14
Cash FlowN/A
Price / CashN/A
Book Value$2.13 per share
Price / Book1.57
Profitability
EPS (Most Recent Fiscal Year)($2.01)
Net Income$-27,290,000.00
Net Margins-56.22%
Return on Equity-71.73%
Return on Assets-33.12%
Miscellaneous
Employees213
Outstanding Shares21,890,000
Market Cap$86.48 million
OptionableNot Optionable
Apollo Endosurgery (NASDAQ:APEN) Frequently Asked Questions
What is Apollo Endosurgery's stock symbol?
Apollo Endosurgery trades on the NASDAQ under the ticker symbol "APEN."
How were Apollo Endosurgery's earnings last quarter?
Apollo Endosurgery Inc (NASDAQ:APEN) issued its quarterly earnings data on Thursday, November, 8th. The biotechnology company reported ($0.45) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by $0.11. The biotechnology company had revenue of $14.14 million for the quarter, compared to analysts' expectations of $16.21 million. Apollo Endosurgery had a negative net margin of 56.22% and a negative return on equity of 71.73%. View Apollo Endosurgery's Earnings History.
When is Apollo Endosurgery's next earnings date?
What price target have analysts set for APEN?
3 analysts have issued 12 month price targets for Apollo Endosurgery's shares. Their forecasts range from $3.00 to $8.00. On average, they expect Apollo Endosurgery's stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 49.3% from the stock's current price. View Analyst Price Targets for Apollo Endosurgery.
What is the consensus analysts' recommendation for Apollo Endosurgery?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Apollo Endosurgery in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Apollo Endosurgery.
What are Wall Street analysts saying about Apollo Endosurgery stock?
Here are some recent quotes from research analysts about Apollo Endosurgery stock:
- 1. According to Zacks Investment Research, "Apollo Endosurgery, Inc. is engaged in designing and manufacturing of medical devices for weight loss solutions and gastrointestinal disorders. The Company's product segment includes ORBERA (R), LAP-BAND (R) and OverStitch(TM). The ORBERA is an Intragastric Balloon System which is a weight loss aid for adults suffering from obesity. The LAP-BAND System is developed for weight reduction for patients with obesity. The OverStitch Endoscopic Suturing System enables endoscopic surgery. It operates primarily in Asia Pacific, European Office, Latin and South America and Costa Rica. Apollo Endosurgery, Inc., formerly known as Lpath, Inc., is headquatered in Austin, Texas. " (11/13/2018)
- 2. Northland Securities analysts commented, "We note that the ASMBS Statement is not a guarantee of reimbursement for Orbera." (2/8/2018)
Has Apollo Endosurgery been receiving favorable news coverage?
News coverage about APEN stock has trended neutral recently, according to InfoTrie. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Apollo Endosurgery earned a coverage optimism score of 0.5 on InfoTrie's scale. They also gave press coverage about the biotechnology company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near future.
Who are some of Apollo Endosurgery's key competitors?
Some companies that are related to Apollo Endosurgery include Orthopediatrics (KIDS), Utah Medical Products (UTMD), SeaSpine (SPNE), MiMedx Group (MDXG), Nuvectra (NVTR), Cytosorbents (CTSO), Liquidia Technologies (LQDA), Westaim (WEDXF), Iradimed (IRMD), GenMark Diagnostics (GNMK), Pulse Biosciences (PLSE), T2 Biosystems (TTOO), Alphatec (ATEC), RenovaCare (RCAR) and Endologix (ELGX).
Who are Apollo Endosurgery's key executives?
Apollo Endosurgery's management team includes the folowing people:
- Mr. Todd Newton, CEO & Director (Age 55)
- Dr. Sergey Kantsevoy M.D., Co-Founder and Innovation Partner
- Mr. Anthony Kalloo M.D., Co-Founder and Innovation Partner
- Dr. Robert Hawes M.D., Co-Founder and Innovation Partner
- Dr. Peter Benjamin Cotton M.D., Co-Founder and Innovation Partner
Who are Apollo Endosurgery's major shareholders?
Apollo Endosurgery's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (0.53%), NJ State Employees Deferred Compensation Plan (0.53%), Manatuck Hill Partners LLC (0.49%), EAM Investors LLC (0.40%), Renaissance Technologies LLC (0.39%) and JPMorgan Chase & Co. (0.27%). Company insiders that own Apollo Endosurgery stock include A/S Novo, Bret Schwartzhoff, Holdings A/S Novo, Matthew S Crawford, Richard J Meelia, Sciences L P Ptv II, Stefanie L Cavanaugh, Stonepine Capital, LP, Todd Newton and William D Jr Mcclellan. View Institutional Ownership Trends for Apollo Endosurgery.
Which major investors are selling Apollo Endosurgery stock?
Which major investors are buying Apollo Endosurgery stock?
APEN stock was purchased by a variety of institutional investors in the last quarter, including EAM Investors LLC, Worth Venture Partners LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Renaissance Technologies LLC and Dimensional Fund Advisors LP. Company insiders that have bought Apollo Endosurgery stock in the last two years include Bret Schwartzhoff, Matthew S Crawford, Richard J Meelia, Sciences L P Ptv II, Stefanie L Cavanaugh, Stonepine Capital, LP, Todd Newton and William D Jr Mcclellan. View Insider Buying and Selling for Apollo Endosurgery.
How do I buy shares of Apollo Endosurgery?
Shares of APEN 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, Scottrade, Fidelity and Charles Schwab.
What is Apollo Endosurgery's stock price today?
One share of APEN stock can currently be purchased for approximately $3.35.
How big of a company is Apollo Endosurgery?
Apollo Endosurgery has a market capitalization of $86.48 million and generates $64.31 million in revenue each year. The biotechnology company earns $-27,290,000.00 in net income (profit) each year or ($2.01) on an earnings per share basis. Apollo Endosurgery employs 213 workers across the globe.
What is Apollo Endosurgery's official website?
How can I contact Apollo Endosurgery?
Apollo Endosurgery's mailing address is 1120 SOUTH CAPITAL OF TX HWY BUILDING 1 SUITE 300, AUSTIN TX, 78746. The biotechnology company can be reached via phone at 512-279-5100 or via email at [email protected]
MarketBeat Community Rating for Apollo Endosurgery (NASDAQ APEN)
MarketBeat's community ratings are surveys of what our community members think about Apollo Endosurgery and other stocks. Vote "Outperform" if you believe APEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe APEN will underperform the S&P 500 over the long term. You may vote once every thirty days.
