Dynatronics (DYNT) Stock Forecast, Price & News

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

1 equities research analysts have issued 12-month target prices for Dynatronics' stock. Their DYNT share price forecasts range from $20.00 to $20.00. On average, they expect the company's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 2,234.5% from the stock's current price.
View analysts price targets for DYNT or view top-rated stocks among Wall Street analysts.

Dynatronics' stock was trading at $1.9505 at the beginning of the year. Since then, DYNT shares have decreased by 56.1% and is now trading at $0.8567.
View the best growth stocks for 2023 here.

Dynatronics saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,900 shares, an increase of 421.1% from the April 30th total of 1,900 shares. Based on an average daily volume of 21,800 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the shares of the company are short sold.
View Dynatronics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 28th 2023.
View our DYNT earnings forecast.

Dynatronics Co. (NASDAQ:DYNT) posted its earnings results on Thursday, November, 11th. The medical equipment provider reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.25. The medical equipment provider earned $12.30 million during the quarter. Dynatronics had a negative trailing twelve-month return on equity of 32.80% and a negative net margin of 9.58%. During the same period in the prior year, the company posted ($0.20) EPS.

Dynatronics's stock reverse split on the morning of Tuesday, January 31st 2023. The 1-5 reverse split was announced on Tuesday, January 31st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, January 31st 2023. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

Dynatronics updated its fourth quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $7.50 million-$8.50 million, compared to the consensus revenue estimate of $12.81 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Dynatronics investors own include Biocept (BIOC), Nuwellis (CHFS), Heat Biologics (HTBX), Bionano Genomics (BNGO), iBio (IBIO), Alto Ingredients (PEIX), Sorrento Therapeutics (SRNE), Ampio Pharmaceuticals (AMPE), Palatin Technologies (PTN) and Electrameccanica Vehicles (SOLO).

Dynatronics trades on the NASDAQ under the ticker symbol "DYNT."

Dynatronics' stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.48%), Perritt Capital Management Inc. (0.65%) and Albion Financial Group UT (0.45%).
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Shares of DYNT 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.
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One share of DYNT stock can currently be purchased for approximately $0.86.

Dynatronics (NASDAQ:DYNT) has a market capitalization of $3.46 million and generates $44.34 million in revenue each year. The medical equipment provider earns $-3,990,000.00 in net income (profit) each year or ($1.33) on an earnings per share basis.

The company employs 170 workers across the globe.

Dynatronics' mailing address is 1200 TRAPP ROAD, EAGAN MN, 55121. The official website for the company is www.dynatronics.com. The medical equipment provider can be reached via phone at (801) 568-7000, via email at jim.ogilvie@dynatronics.com, or via fax at 801-568-7711.