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

$4.56
-0.09 (-1.94 %)
(As of 06/17/2019 06:00 AM ET)
Today's Range
$4.53
Now: $4.56
$4.79
50-Day Range
$2.38
MA: $3.46
$4.70
52-Week Range
$0.36
Now: $4.56
$4.83
Volume663,012 shs
Average Volume1.39 million shs
Market Capitalization$309.44 million
P/E RatioN/A
Dividend YieldN/A
Beta2.2
Conformis, Inc, a medical technology company, develops, manufactures, and sells joint replacement implants. The company offers customized knee replacement products, including iTotal CR, a cruciate-retaining product; iTotal PS, a posterior cruciate ligament substituting product; iDuo, a customized bicompartmental knee replacement system; and iUni, a customized unicompartmental knee replacement product to treat the medial or lateral compartment of the knee. Read More…

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$0.57 per share

Profitability

Net Income$-43,370,000.00

Miscellaneous

Employees262
Market Cap$309.44 million
Next Earnings Date8/7/2019 (Estimated)
OptionableNot Optionable

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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) released its quarterly earnings data on Wednesday, May, 1st. The medical instruments supplier reported ($0.12) earnings per share for the quarter, meeting the consensus estimate of ($0.12). The medical instruments supplier earned $20.64 million during the quarter, compared to analysts' expectations of $20.11 million. ConforMIS had a negative net margin of 42.90% and a negative return on equity of 97.85%. View ConforMIS's Earnings History.

When is ConforMIS's next earnings date?

ConforMIS is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for ConforMIS.

What price target have analysts set for CFMS?

5 brokers have issued 1-year price targets for ConforMIS's shares. Their predictions range from $2.50 to $4.00. On average, they expect ConforMIS's stock price to reach $3.1250 in the next year. This suggests that the stock has a possible downside of 31.5%. 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. " (5/6/2019)
  • 2. BTIG Research analysts commented, "$3 PT on Improving Trends We maintain our Buy rating and $3 PT following 1Q19 results which came in slightly ahead of expectations. Revenue of $20.6M compared favorably to BTIG/Street estimates of $20.0M/$20.1M. Noticeably CFMS saw encouraging uptake with both iTotal PS (+29% xFx) and iTotal Hip (still in the early stages of launch). GMs continued their upward trajectory, increasing 290 bps Y/Y to 47.6%. We believe CFMS’s worst days are behind it and the company is entering into a phase of improved and steady LSD growth driven by existing and recently launched products which give a growing distributor base a full recon line to sell. Recon surgery is clearly moving rapidly towards robotics but CFMS is going against the grain with an alternative option that may appeal to a group of surgeons who don’t want to be tied to a robotic system." (5/2/2019)

Has ConforMIS been receiving favorable news coverage?

News headlines about CFMS stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ConforMIS earned a news sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the medical instruments supplier a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for ConforMIS.

Who are some of ConforMIS's key competitors?

What other stocks do shareholders of ConforMIS own?

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

Who are ConforMIS's key executives?

ConforMIS's management team includes the folowing people:
  • Mr. Mark A. Augusti, CEO, Pres & Director (Age 53)
  • Mr. Paul S. Weiner CPA, CFO & Treasurer (Age 55)
  • Ms. Patricia A. Davis J.D., Chief Legal Officer, Gen. Counsel & Corp. Sec. (Age 53)
  • Mr. Ed Kilgallen, VP of Operations
  • Ms. Lisa M. Donnelly, Sr. VP of Global Marketing

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 $14.00-$16.00 per share. J.P. Morgan and Deutsche Bank Securities acted 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 institutional and retail investors. Top institutional investors include C Partners Holding GmbH (1.87%), Spark Investment Management LLC (0.74%), Altrinsic Global Advisors LLC (0.71%), Tibra Equities Europe Ltd (0.19%), Creative Planning (0.17%) and Joseph P. Lucia & Associates LLC (0.15%). Company insiders that own ConforMIS stock include Archon Capital Management Llc, Bradley Langdale, Daniel Steines, David Cerveny, Mark A Augusti, Patricia A Davis, Paul S Weiner and Philipp Lang. View Institutional Ownership Trends for ConforMIS.

Which institutional investors are selling ConforMIS stock?

CFMS stock was sold by a variety of institutional investors in the last quarter, including C Partners Holding GmbH and Founders Financial Securities LLC. Company insiders that have sold ConforMIS company stock in the last year include Bradley Langdale, Daniel Steines, Mark A Augusti, Patricia A Davis and Paul S Weiner. View Insider Buying and Selling for ConforMIS.

Which institutional investors are buying ConforMIS stock?

CFMS stock was purchased by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Tibra Equities Europe Ltd, Joseph P. Lucia & Associates LLC, Creative Planning, CAPROCK Group Inc., Altrinsic Global Advisors LLC, Cornerstone Advisory LLC and Larson Financial Group 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 $4.56.

How big of a company is ConforMIS?

ConforMIS has a market capitalization of $309.44 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 262 workers across the globe.View Additional Information About ConforMIS.

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:  292 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  523
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 6/17/2019 by MarketBeat.com Staff

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