NASDAQ:CEMI

Chembio Diagnostics Stock Forecast, Price & News

$3.06
-1.25 (-29.00 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$2.95
$4.06
50-Day Range
$2.06
$5.34
52-Week Range
$2.06
$8.75
Volume24.04 million shs
Average Volume27.84 million shs
Market Capitalization$61.97 million
P/E RatioN/A
Dividend YieldN/A
Beta1.85
30 days | 90 days | 365 days | Advanced Chart
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Chembio Diagnostics logo

About Chembio Diagnostics

Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care (POC) diagnostic tests that are used to detect or diagnose diseases. The company offers tests for COVID-19, HIV and Syphilis, and Zika virus. It also develops tests for malaria, dengue, Hepatitis C, chikungunya, Chagas, ebola, leishmaniasis, lassa, marburg, leptospirosis, Rickettsia, and Burkholderia diseases. The company sells its products under the STAT-PAK, SURE CHECK, STAT VIEW, and DPP trademarks, as well as under the private labels of its marketing partners to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. It has collaboration agreements with Bill & Melinda Gates Foundation, The Paul G. Allen Family Foundation, The Oswaldo Cruz Foundation, and the Foundation for Innovative New Diagnostics, as well as U.S. government agencies, such as Centers for Disease Control and Prevention, the Biomedical Advanced Research and Development Authority of the U.S. Department of Health and Human Services, and the U.S. Department of Agriculture. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Hauppauge, New York.

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MarketRank

Overall MarketRank

1.28 out of 5 stars

Medical Sector

937th out of 2,214 stocks

Pharmaceutical Preparations Industry

451st out of 867 stocks

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
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Chembio Diagnostics (NASDAQ:CEMI) Frequently Asked Questions

Is Chembio Diagnostics a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chembio Diagnostics in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Chembio Diagnostics stock.
View analyst ratings for Chembio Diagnostics
or view top-rated stocks.

What stocks does MarketBeat like better than Chembio Diagnostics?

Wall Street analysts have given Chembio Diagnostics a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Chembio Diagnostics wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Chembio Diagnostics?

Chembio Diagnostics saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,390,000 shares, a decrease of 26.1% from the June 15th total of 1,880,000 shares. Based on an average daily trading volume, of 533,400 shares, the days-to-cover ratio is presently 2.6 days. Currently, 7.5% of the shares of the stock are sold short.
View Chembio Diagnostics' Short Interest
.

When is Chembio Diagnostics' next earnings date?

Chembio Diagnostics is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Chembio Diagnostics
.

How can I listen to Chembio Diagnostics' earnings call?

Chembio Diagnostics will be holding an earnings conference call on Thursday, August 5th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "41881".

How were Chembio Diagnostics' earnings last quarter?

Chembio Diagnostics, Inc. (NASDAQ:CEMI) announced its earnings results on Thursday, May, 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.30) by $0.08. The business had revenue of $8.72 million for the quarter. Chembio Diagnostics had a negative trailing twelve-month return on equity of 79.63% and a negative net margin of 72.88%.
View Chembio Diagnostics' earnings history
.

How has Chembio Diagnostics' stock price been impacted by Coronavirus?

Chembio Diagnostics' stock was trading at $3.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CEMI stock has decreased by 1.3% and is now trading at $3.06.
View which stocks have been most impacted by COVID-19
.

What guidance has Chembio Diagnostics issued on next quarter's earnings?

Chembio Diagnostics updated its second quarter 2021 earnings guidance on Tuesday, July, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $6.40 million-$6.40 million, compared to the consensus revenue estimate of $8.53 million.

What price target have analysts set for CEMI?

2 analysts have issued twelve-month price objectives for Chembio Diagnostics' shares. Their forecasts range from $8.00 to $10.00. On average, they expect Chembio Diagnostics' stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 194.1% from the stock's current price.
View analysts' price targets for Chembio Diagnostics
or view top-rated stocks among Wall Street analysts.

Who are Chembio Diagnostics' key executives?

Chembio Diagnostics' management team includes the following people:
  • Mr. Richard L. Eberly, Pres, CEO & Director (Age 60, Pay $556.03k)
  • Mr. Neil A. Goldman, Exec. VP, CFO & Sec. (Age 53, Pay $469.93k)
  • Mr. Javan Esfandiari, Exec. VP and Chief Science & Technology Officer (Age 54, Pay $557.52k)
  • Mr. Paul J. Angelico, VP of Global Operations
  • Mr. Charles Caso, VP of Sales & Marketing
  • Dr. Konstantin Lyashchenko, Research Director of Chembio Diagnostic Systems Inc

Who are some of Chembio Diagnostics' key competitors?

What other stocks do shareholders of Chembio Diagnostics own?

What is Chembio Diagnostics' stock symbol?

Chembio Diagnostics trades on the NASDAQ under the ticker symbol "CEMI."

How do I buy shares of Chembio Diagnostics?

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

What is Chembio Diagnostics' stock price today?

One share of CEMI stock can currently be purchased for approximately $3.06.

How much money does Chembio Diagnostics make?

Chembio Diagnostics has a market capitalization of $61.97 million and generates $32.47 million in revenue each year. The company earns $-25,520,000.00 in net income (profit) each year or ($1.28) on an earnings per share basis.

How many employees does Chembio Diagnostics have?

Chembio Diagnostics employs 355 workers across the globe.

What is Chembio Diagnostics' official website?

The official website for Chembio Diagnostics is www.chembio.com.

Where are Chembio Diagnostics' headquarters?

Chembio Diagnostics is headquartered at 555 WIRELESS BLVD., HAUPPAUGE NY, 11788.

How can I contact Chembio Diagnostics?

Chembio Diagnostics' mailing address is 555 WIRELESS BLVD., HAUPPAUGE NY, 11788. The company can be reached via phone at 631-924-1135 or via email at [email protected]


This page was last updated on 7/25/2021 by MarketBeat.com Staff
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