NASDAQ:DMTK

DermTech (DMTK) Stock Price, News & Analysis

$0.59
-0.03 (-4.87%)
(As of 04/25/2024 ET)
Today's Range
$0.58
$0.63
50-Day Range
$0.59
$1.36
52-Week Range
$0.58
$3.93
Volume
178,890 shs
Average Volume
314,957 shs
Market Capitalization
$20.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.38

DermTech MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
306.0% Upside
$2.38 Price Target
Short Interest
Bearish
10.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.06mentions of DermTech in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.26) to ($2.23) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.91 out of 5 stars

Medical Sector

812th out of 907 stocks

Medical Laboratories Industry

17th out of 19 stocks

DMTK stock logo

About DermTech Stock (NASDAQ:DMTK)

DermTech, Inc., a molecular diagnostic company, engages in the development and marketing of novel non-invasive genomics tests to aid in the diagnosis and management of melanoma in the United States. The company provides DermTech Melanoma Test (DMT), an innovative non-invasive way to enhance melanoma detection for developing product for non-melanoma skin cancers. It also offers DermTech Smart Sticker, which provides a non-invasively way to collect skin sample including standard care by using scalpel to biopsy suspicious lesions. In addition, it provides research services and technology platform on a contract basis to pharmaceutical companies which use the technology for clinical trials. Further, the company develops gene expression assays for the psoriasis, atopic dermatitis, and aging of the skin to pharmaceutical companies to develop drug products in dermatology; and develop custom gene assays to support the pharmaceutical partners. It sells its products through pathology and oncology practitioners. DermTech, Inc. is headquartered in San Diego, California.

DMTK Stock Price History

DMTK Stock News Headlines

DermTech (NASDAQ:DMTK) Rating Reiterated by Stephens
These AI trades triggered this morning (545% return)
If you think a market crash is possible in 2024, I don't know why you're not using this yet.
DermTech (NASDAQ:DMTK) Stock Rating Reaffirmed by BTIG Research
BTIG Downgrades DermTech (DMTK)
What Analysts Are Saying About DermTech Stock
DermTech to Slash 56% of Workforce, Explore Options
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Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
DermTech, Inc. (DMTK)
DermTech (NASDAQ:DMTK) Trading Down 0.9%
Recap: DermTech Q4 Earnings
DermTech Reports Fourth-Quarter 2023 Financial Results
DermTech Q4 2023 Earnings Preview
DermTech International Registered Shs
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
4/25/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:DMTK
Fax
N/A
Employees
206
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.38
High Stock Price Target
$5.00
Low Stock Price Target
$0.63
Potential Upside/Downside
+306.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-100,890,000.00
Net Margins
-659.57%
Pretax Margin
-659.57%

Debt

Sales & Book Value

Annual Sales
$15.30 million
Book Value
$1.67 per share

Miscellaneous

Free Float
32,857,000
Market Cap
$20.27 million
Optionable
Optionable
Beta
2.52
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Key Executives

  • Mr. Kevin Sun M.B.A. (Age 46)
    CFO, Treasurer & Secretary
    Comp: $461.92k
  • Mr. Ray Akhavan Esq. (Age 55)
    J.D., General Counsel
    Comp: $413.06k
  • Mr. Bret Christensen (Age 53)
    President, CEO & Director
  • Mr. William W. Zondler
    Chief Information Officer
  • Mr. Steve E. Kunszabo
    Senior Director of Investor Relations
  • Ms. Jennifer Eilemberg
    Chief Compliance Officer
  • Dr. Burkhard Jansen M.D. (Age 58)
    Chief Medical Affairs Officer
    Comp: $419.8k
  • Dr. Loren Clarke M.D.
    Chief Medical Officer
  • Dr. Steven Stone Ph.D.
    Senior Vice President of Research & Development
  • Mr. Mark Aguillard
    Chief Commercial Officer

DMTK Stock Analysis - Frequently Asked Questions

Should I buy or sell DermTech stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DermTech in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DMTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DMTK, but not buy additional shares or sell existing shares.
View DMTK analyst ratings
or view top-rated stocks.

What is DermTech's stock price target for 2024?

3 Wall Street analysts have issued 12 month price objectives for DermTech's stock. Their DMTK share price targets range from $0.63 to $5.00. On average, they anticipate the company's share price to reach $2.38 in the next twelve months. This suggests a possible upside of 306.0% from the stock's current price.
View analysts price targets for DMTK
or view top-rated stocks among Wall Street analysts.

How have DMTK shares performed in 2024?

DermTech's stock was trading at $1.75 at the start of the year. Since then, DMTK shares have decreased by 66.5% and is now trading at $0.5854.
View the best growth stocks for 2024 here
.

When is DermTech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our DMTK earnings forecast
.

How were DermTech's earnings last quarter?

DermTech, Inc. (NASDAQ:DMTK) posted its earnings results on Thursday, February, 29th. The company reported ($0.56) EPS for the quarter, missing analysts' consensus estimates of ($0.54) by $0.02. The business had revenue of $3.92 million for the quarter, compared to analysts' expectations of $4.05 million. DermTech had a negative net margin of 659.57% and a negative trailing twelve-month return on equity of 123.96%.

What other stocks do shareholders of DermTech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DermTech investors own include Pfizer (PFE), CrowdStrike (CRWD), DocuSign (DOCU), ONEOK (OKE), Intel (INTC), U.S. Xpress Enterprises (USX), Valero Energy (VLO), Hello Group (MOMO), AVEO Pharmaceuticals (AVEO) and Camping World (CWH).

How do I buy shares of DermTech?

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

This page (NASDAQ:DMTK) was last updated on 4/26/2024 by MarketBeat.com Staff

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