NASDAQ:CFMS - ConforMIS Stock Price, News, & Analysis

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$1.32 +0.06 (+4.76 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$1.26
Today's Range$1.27 - $1.55
52-Week Range$0.36 - $1.84
Volume42,757 shs
Average Volume771,567 shs
Market Capitalization$83.52 million
P/E Ratio-1.78
Dividend YieldN/A
Beta2.53
ConforMIS, Inc. is a holding company, which engages in the development, manufacture, and sale of joint replacement implants. Its products include iTotal, iUni and iDuo, and iJig Instrumentation. The company was founded Philipp Lang in 2004 and is headquartered in Bedford, MA.

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Industry, Sector and Symbol

Industry Surgical appliances & supplies
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CFMS
CUSIPN/A
Phone781-345-9001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$89.79 million
Book Value$1.02 per share

Profitability

Net Income$-43,370,000.00

Miscellaneous

Employees350
Market Cap$83.52 million
OptionableNot Optionable

ConforMIS (NASDAQ:CFMS) Frequently Asked Questions

What is ConforMIS's stock symbol?

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

How were ConforMIS's earnings last quarter?

ConforMIS Inc (NASDAQ:CFMS) posted its quarterly earnings data on Wednesday, February, 6th. The medical instruments supplier reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.04. The medical instruments supplier earned $22.05 million during the quarter, compared to analysts' expectations of $21.45 million. ConforMIS had a negative net margin of 48.30% and a negative return on equity of 85.08%. View ConforMIS's Earnings History.

When is ConforMIS's next earnings date?

ConforMIS is scheduled to release their next quarterly earnings announcement on Wednesday, May 1st 2019. View Earnings Estimates for ConforMIS.

What price target have analysts set for CFMS?

5 Wall Street analysts have issued 1-year price objectives for ConforMIS's stock. Their predictions range from $2.50 to $3.00. On average, they expect ConforMIS's stock price to reach $2.8750 in the next twelve months. This suggests a possible upside of 117.8% from the stock's current price. View Analyst Price Targets for ConforMIS.

What is the consensus analysts' recommendation for ConforMIS?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ConforMIS in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for ConforMIS.

What are Wall Street analysts saying about ConforMIS stock?

Here are some recent quotes from research analysts about ConforMIS stock:
  • 1. According to Zacks Investment Research, "ConforMIS, Inc. is a medical technology company which develops, manufacture and sells joint replacement implants. The Company's iFit technology platform consists of iFit Design, iFit Printing and iFit Just-in-Time Delivery. It operates primarily in the United States, Germany and the United Kingdom. The Company serves orthopedic surgeons, hospitals and other medical facilities and patients. ConforMIS, Inc. is based in Bedford, United States. " (2/13/2019)
  • 2. BTIG Research analysts commented, "Ongoing OUS Headwinds While CFMS 2Q18 results were a bit below our expectations (rev. of $19.1M (+3% Y/Y,+2% xFx) vs. BTIG/Consensus of $19.3M/$19.4M respectively, product rev. increased Y/Y for the first time since 1Q17, growing 5% to $18.0M. Mgmt. is making progress on US commercialization (albeit slower than investors will prefer). OUS continues to be challenged in Germany but mgmt. noted recent OUS sales leadership hires that may open up a few countries in 2H18. Mgmt. commentary on payor acceptance of CFMS products indicates increasing positive traction amongst some payers but CFMS is still not where it wants to be on rep growth, which missed the 20% growth target slightly. On the call, mgmt. announced plans to reduce OpEx while shuffling its product pipeline around." (8/2/2018)

Has ConforMIS been receiving favorable news coverage?

News stories about CFMS stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. ConforMIS earned a news impact score of 0.9 on InfoTrie's scale. They also assigned news coverage about the medical instruments supplier a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Are investors shorting ConforMIS?

ConforMIS saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 440,586 shares, a decrease of 28.6% from the December 31st total of 617,225 shares. Based on an average daily trading volume, of 722,521 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.9% of the shares of the company are short sold. View ConforMIS's Current Options Chain.

Who are some of ConforMIS's key competitors?

Who are ConforMIS's key executives?

ConforMIS's management team includes the folowing people:
  • Mark A. Augusti, President, Chief Executive Officer & Director
  • Paul S. Weiner, Chief Financial & Accounting Officer
  • Marc Quartulli, Vice President-Clinical Affairs
  • Emmanuel Nyakako, Senior Vice President-Quality & Regulatory Affairs
  • John Slamin, Senior Vice President-Product Engineering

When did ConforMIS IPO?

(CFMS) raised $135 million in an initial public offering (IPO) on Wednesday, July 1st 2015. The company issued 9,000,000 shares at $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.

Who are ConforMIS's major shareholders?

ConforMIS's stock is owned by many different of retail and institutional investors. Top institutional investors include Two Sigma Investments LP (0.23%), Two Sigma Advisers LP (0.22%), Acadian Asset Management LLC (0.20%), Millennium Management LLC (0.16%) and Gabelli Funds LLC (0.16%). Company insiders that own ConforMIS stock include Archon Capital Management Llc, Bradley Langdale, Daniel Steines, David Cerveny, Mark A Augusti, Paul S Weiner and Philipp Lang. View Institutional Ownership Trends for ConforMIS.

Which major investors are selling ConforMIS stock?

CFMS stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Two Sigma Investments LP and Two Sigma Advisers LP. Company insiders that have sold ConforMIS company stock in the last year include Bradley Langdale, Daniel Steines, Mark A Augusti, Paul S Weiner and Philipp Lang. View Insider Buying and Selling for ConforMIS.

Which major investors are buying ConforMIS stock?

CFMS stock was acquired by a variety of institutional investors in the last quarter, including Gabelli Funds LLC and Acadian Asset Management LLC. View Insider Buying and Selling for ConforMIS.

How do I buy shares of ConforMIS?

Shares of CFMS 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 ConforMIS's stock price today?

One share of CFMS stock can currently be purchased for approximately $1.32.

How big of a company is ConforMIS?

ConforMIS has a market capitalization of $83.52 million and generates $89.79 million in revenue each year. The medical instruments supplier earns $-43,370,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. ConforMIS employs 350 workers across the globe.

What is ConforMIS's official website?

The official website for ConforMIS is http://www.conformis.com.

How can I contact ConforMIS?

ConforMIS's mailing address is 600 TECHNOLOGY PARK DRIVE, BILLERICA MA, 01821. The medical instruments supplier can be reached via phone at 781-345-9001 or via email at [email protected]


MarketBeat Community Rating for ConforMIS (NASDAQ CFMS)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  479
MarketBeat's community ratings are surveys of what our community members think about ConforMIS and other stocks. Vote "Outperform" if you believe CFMS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CFMS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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