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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NASDAQ:CFMS

Conformis - CFMS Stock Forecast, Price & News

$0.28
+0.01 (+4.40%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$0.26
$0.29
50-Day Range
$0.26
$0.43
52-Week Range
$0.25
$1.96
Volume
2.10 million shs
Average Volume
703,791 shs
Market Capitalization
$51.92 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.00

Conformis MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
614.3% Upside
$2.00 Price Target
Short Interest
Healthy
1.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.74mentions of Conformis in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.31) to ($0.27) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.51 out of 5 stars

Medical Sector

122nd out of 1,283 stocks

Surgical Appliances & Supplies Industry

8th out of 25 stocks

CFMS stock logo

About Conformis (NASDAQ:CFMS) Stock

Conformis, Inc., a medical technology company, develops, manufactures, and sells patient-specific products and instrumentation. The company offers personalized knee replacement products, including iUni, iDuo, a custom-made partial knee replacement option for either unicompartmental or bicompartmental osteoarthritis of the knee; iTotal CR, a cruciate retaining total knee replacement product; iTotal PS, a posterior stabilized knee replacement product, as well as provides iTotal Identity and Identity Imprint knee replacement products. It also provides Conformis Hip System and Cordera hip replacement, which are hip replacement products; and iJigs, a personalized single-use patient-specific instrumentation. The company markets and sells its products to orthopedic surgeons, hospitals, and other medical facilities through sales force, independent sales representatives, and distributors in the United States, Germany, the United Kingdom, Austria, Ireland, Switzerland, Spain, Portugal, the Netherlands, Belgium, the Dutch Antilles, Suriname, Australia, the United Arab Emirates, the Sultanate of Oman, Italy, Poland, and other markets. Conformis, Inc. was incorporated in 2004 and is headquartered in Billerica, Massachusetts.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on Conformis in a research report on Monday, August 1st. They set a "hold" rating on the stock.

Conformis Price Performance

Shares of CFMS Stock traded up $0.01 on Friday, hitting $0.28. 2,099,187 shares of the stock traded hands, compared to its average volume of 899,604. The company has a debt-to-equity ratio of 0.24, a current ratio of 6.84 and a quick ratio of 5.87. Conformis has a 52 week low of $0.25 and a 52 week high of $1.96. The firm has a 50 day simple moving average of $0.33 and a two-hundred day simple moving average of $0.50. The firm has a market cap of $51.92 million, a price-to-earnings ratio of -7.00 and a beta of 1.25.

Conformis (NASDAQ:CFMS - Get Rating) last issued its quarterly earnings results on Wednesday, May 4th. The medical instruments supplier reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.02). Conformis had a negative return on equity of 6.50% and a negative net margin of 6.83%. The business had revenue of $15.55 million during the quarter, compared to analysts' expectations of $13.94 million. During the same quarter in the previous year, the company posted ($0.09) EPS. As a group, equities research analysts predict that Conformis will post -0.31 earnings per share for the current fiscal year.

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CFMS Stock News Headlines

ConforMIS Q2 2022 Earnings Preview
Conformis (CFMS) to Release Earnings on Monday
StockNews.com Initiates Coverage on Conformis (NASDAQ:CFMS)
See More Headlines
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CFMS Company Calendar

Last Earnings
11/03/2021
Today
8/08/2022
Next Earnings (Confirmed)
8/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Surgical appliances & supplies
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:CFMS
Employees
310
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$2.00
High Stock Price Forecast
$2.00
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+614.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-2,410,000.00
Pretax Margin
-6.73%

Debt

Sales & Book Value

Annual Sales
$99.86 million
Book Value
$0.54 per share

Miscellaneous

Free Float
179,123,000
Market Cap
$51.92 million
Optionable
Not Optionable
Beta
1.25














CFMS Stock - Frequently Asked Questions

Should I buy or sell Conformis stock right now?

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

What is Conformis' stock price forecast for 2022?

1 analysts have issued 1 year target prices for Conformis' stock. Their CFMS stock forecasts range from $2.00 to $2.00. On average, they expect Conformis' share price to reach $2.00 in the next twelve months. This suggests a possible upside of 614.3% from the stock's current price.
View analysts' price targets for Conformis
or view top-rated stocks among Wall Street analysts.

How has Conformis' stock price performed in 2022?

Conformis' stock was trading at $0.7610 on January 1st, 2022. Since then, CFMS stock has decreased by 63.2% and is now trading at $0.28.
View the best growth stocks for 2022 here
.

Are investors shorting Conformis?

Conformis saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 2,440,000 shares, a decrease of 17.0% from the June 30th total of 2,940,000 shares. Based on an average daily trading volume, of 646,100 shares, the short-interest ratio is presently 3.8 days. Approximately 1.4% of the shares of the stock are short sold.
View Conformis' Short Interest
.

When is Conformis' next earnings date?

Conformis is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for Conformis
.

How can I listen to Conformis' earnings call?

Conformis will be holding an earnings conference call on Tuesday, August 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Conformis' earnings last quarter?

Conformis, Inc. (NASDAQ:CFMS) announced its quarterly earnings data on Wednesday, November, 3rd. The medical instruments supplier reported ($0.07) EPS for the quarter, meeting analysts' consensus estimates of ($0.07). The medical instruments supplier had revenue of $14.25 million for the quarter, compared to analysts' expectations of $14.08 million. Conformis had a negative net margin of 6.83% and a negative trailing twelve-month return on equity of 6.50%. During the same quarter in the prior year, the company posted ($0.09) earnings per share.

What is Mark Augusti's approval rating as Conformis' CEO?

15 employees have rated Conformis CEO Mark Augusti on Glassdoor.com. Mark Augusti has an approval rating of 55% among Conformis' employees. This puts Mark Augusti in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Conformis own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Conformis investors own include Advanced Micro Devices (AMD), Martin Midstream Partners (MMLP), Micron Technology (MU), NVIDIA (NVDA), Trevena (TRVN), Cisco Systems (CSCO), Pfizer (PFE), AbbVie (ABBV), Alibaba Group (BABA) and AT&T (T).

When did Conformis IPO?

(CFMS) raised $135 million in an initial public offering on Wednesday, July 1st 2015. The company issued 9,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and Deutsche Bank Securities served as the underwriters for the IPO and Wells Fargo Securities and Canaccord Genuity were co-managers.

What is Conformis' stock symbol?

Conformis trades on the NASDAQ under the ticker symbol "CFMS."

Who are Conformis' major shareholders?

Conformis' stock is owned by a number of retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (7.00%), Granite Point Capital Management L.P. (0.92%), Avidian Wealth Solutions LLC (0.47%) and Connor Clark & Lunn Investment Management Ltd. (0.31%). Company insiders that own Conformis stock include Erin Henry, J Brent Alldredge, Kenneth P Fallon III, Mark A Augusti, Mark A Augusti, Paul S Weiner and Robert S Howe.
View institutional ownership trends for Conformis
.

How do I buy shares of Conformis?

Shares of CFMS stock 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 Conformis' stock price today?

One share of CFMS stock can currently be purchased for approximately $0.28.

How much money does Conformis make?

Conformis (NASDAQ:CFMS) has a market capitalization of $51.92 million and generates $99.86 million in revenue each year. The medical instruments supplier earns $-2,410,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.

How many employees does Conformis have?

Conformis employs 310 workers across the globe.

How can I contact Conformis?

Conformis' mailing address is 600 TECHNOLOGY PARK DRIVE, BILLERICA MA, 01821. The official website for Conformis is www.conformis.com. The medical instruments supplier can be reached via phone at (781) 345-9001, via email at ir@conformis.com, or via fax at 781-345-0147.

This page (NASDAQ:CFMS) was last updated on 8/8/2022 by MarketBeat.com Staff

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