NASDAQ:GNMKGenMark Diagnostics Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding GenMark Diagnostics, Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $9.98 +0.19 (+1.94 %) (As of 05/25/2020 04:00 PM ET) Add Compare Share Today's Range$9.79Now: $9.98▼$10.1050-Day Range$4.41MA: $9.59▼$12.8452-Week Range$3.36Now: $9.98▼$13.49Volume1.01 million shsAverage Volume2.46 million shsMarket Capitalization$617.66 millionP/E RatioN/ADividend YieldN/ABeta3.13 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media GenMark Diagnostics, Inc., a molecular diagnostics company, develops and commercializes molecular tests based on its proprietary eSensor electrochemical detection technology. It provides ePlex instrument and respiratory pathogen panel, which integrates automated nucleic acid extraction and amplification with its eSensor detection technology to enable operators using ePlex system to place patient sample directly into its test cartridge and obtain results. The company offers XT-8 instrument, and related diagnostic and research tests, as well as certain custom manufactured reagents that enable reference laboratories and hospitals to support a range of molecular tests with a workstation and disposable test cartridges. It also provides diagnostic tests for use with its XT-8 system that includes respiratory viral panel, cystic fibrosis genotyping test, thrombophilia risk test, a warfarin sensitivity test, and hepatitis C virus genotyping test and associated custom manufactured reagents, as well as 2C19 genotyping test. The company sells its products through direct sales and technically specialized service organization in the United States and Europe. GenMark Diagnostics, Inc. is headquartered in Carlsbad, California.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingGenMark Diagnostics has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.50, GenMark Diagnostics has a potential upside of 15.2% from its current price of $9.98.Amount of Analyst CoverageGenMark Diagnostics has only been the subject of 3 research reports in the past 90 days. Previous Next 3.2 Community Rank Outperform VotesGenMark Diagnostics has received 543 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGenMark Diagnostics has received 310 “underperform” votes. (Add your “underperform” vote.)Community SentimentGenMark Diagnostics has received 63.66% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about GenMark Diagnostics and other stocks. Vote “Outperform” if you believe GNMK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GNMK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldGenMark Diagnostics does not currently pay a dividend.Dividend GrowthGenMark Diagnostics does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, GenMark Diagnostics insiders have sold 128.09% more of their company's stock than they have bought. Specifically, they have bought $95,996.00 in company stock and sold $218,955.00 in company stock.Percentage Held by InsidersOnly 3.25% of the stock of GenMark Diagnostics is held by insiders.Percentage Held by Institutions83.96% of the stock of GenMark Diagnostics is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for GenMark Diagnostics are expected to grow in the coming year, from ($0.43) to ($0.22) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GenMark Diagnostics is -13.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of GenMark Diagnostics is -13.86, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGenMark Diagnostics has a P/B Ratio of 47.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.43 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:GNMK Previous Symbol CUSIPN/A CIK1487371 Webwww.genmarkdx.com Phone760-448-4300Debt Debt-to-Equity Ratio5.52 Current Ratio3.15 Quick Ratio2.78Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$88.02 million Price / Sales7.02 Cash FlowN/A Price / Cash FlowN/A Book Value$0.21 per share Price / Book47.52Profitability EPS (Most Recent Fiscal Year)($0.82) Net Income$-47,350,000.00 Net Margins-40.18% Return on Equity-310.58% Return on Assets-38.11%Miscellaneous Employees477 Outstanding Shares61,890,000Market Cap$617.66 million Next Earnings Date8/3/2020 (Estimated) OptionableOptionable NASDAQ:GNMK Rates by TradingView Receive GNMK News and Ratings via Email Sign-up to receive the latest news and ratings for GNMK and its competitors with MarketBeat's FREE daily newsletter. GenMark Diagnostics (NASDAQ:GNMK) Frequently Asked Questions How has GenMark Diagnostics' stock been impacted by COVID-19 (Coronavirus)? GenMark Diagnostics' stock was trading at $5.42 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GNMK stock has increased by 84.1% and is now trading at $9.98. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of GenMark Diagnostics? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GenMark Diagnostics in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for GenMark Diagnostics. When is GenMark Diagnostics' next earnings date? GenMark Diagnostics is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for GenMark Diagnostics. How were GenMark Diagnostics' earnings last quarter? GenMark Diagnostics, Inc (NASDAQ:GNMK) posted its quarterly earnings data on Monday, May, 4th. The medical equipment provider reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.02. The medical equipment provider earned $38.74 million during the quarter, compared to the consensus estimate of $38.70 million. GenMark Diagnostics had a negative net margin of 40.18% and a negative return on equity of 310.58%. View GenMark Diagnostics' earnings history. What guidance has GenMark Diagnostics issued on next quarter's earnings? GenMark Diagnostics issued an update on its FY 2020 After-Hours earnings guidance on Monday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $120-130 million, compared to the consensus revenue estimate of $108.58 million. What price target have analysts set for GNMK? 5 equities research analysts have issued 12 month price targets for GenMark Diagnostics' stock. Their forecasts range from $7.00 to $15.00. On average, they anticipate GenMark Diagnostics' stock price to reach $11.50 in the next year. This suggests a possible upside of 15.2% from the stock's current price. View analysts' price targets for GenMark Diagnostics. Has GenMark Diagnostics been receiving favorable news coverage? News coverage about GNMK stock has been trending negative recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. GenMark Diagnostics earned a media sentiment score of -2.0 on InfoTrie's scale. They also gave news coverage about the medical equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutGenMark Diagnostics. Are investors shorting GenMark Diagnostics? GenMark Diagnostics saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,890,000 shares, an increase of 19.4% from the April 15th total of 2,420,000 shares. Based on an average trading volume of 2,600,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 5.1% of the company's shares are sold short. View GenMark Diagnostics' Current Options Chain. Who are some of GenMark Diagnostics' key competitors? Some companies that are related to GenMark Diagnostics include Inspire Medical Systems (INSP), Inovio Pharmaceuticals (INO), AtriCure (ATRC), Glaukos (GKOS), Cantel Medical (CMD), Luminex (LMNX), Shockwave Medical (SWAV), Axonics Modulation Technologies (AXNX), Cardiovascular Systems (CSII), Silk Road Medical (SILK), Atrion (ATRI), Cerus (CERS), Tactile Systems Technology (TCMD), OraSure Technologies (OSUR) and Cryolife (CRY). View all competitors. What other stocks do shareholders of GenMark Diagnostics own? Based on aggregate information from My MarketBeat watchlists, some companies that other GenMark Diagnostics investors own include Inovio Pharmaceuticals (INO), Co-Diagnostics (CODX), Opko Health (OPK), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), Novavax (NVAX), Tonix Pharmaceuticals (TNXP), T2 Biosystems (TTOO), Arena Pharmaceuticals (ARNA) and Biocept (BIOC). Who are GenMark Diagnostics' key executives? GenMark Diagnostics' management team includes the following people: Mr. Hany Massarany, CEO, Pres & Director (Age 58)Mr. Scott Mendel, Chief Operating Officer (Age 52)Mr. Michael Gleeson, Sr. VP of Corp. Accounts (Age 44)Mr. John Frederick Ek, Chief Financial Officer (Age 43)Mr. Eric Stier, Sr. VP, Gen. Counsel & Sec. (Age 43) What is GenMark Diagnostics' stock symbol? GenMark Diagnostics trades on the NASDAQ under the ticker symbol "GNMK." Who are GenMark Diagnostics' major shareholders? GenMark Diagnostics' stock is owned by a number of institutional and retail investors. Top institutional investors include Morgan Stanley (7.42%), BlackRock Inc. (6.97%), HighTower Advisors LLC (3.71%), Needham Investment Management LLC (2.33%), State Street Corp (1.74%) and Portolan Capital Management LLC (1.44%). Company insiders that own GenMark Diagnostics stock include Brian Andrew Mitchell, Eric Stier, Hany Massarany, James B Mcnally, John Frederick Ek, Kevin C Oboyle, Michael Gleeson, Michael John Harkins, Michael Kagnoff, Sarah Hollis Winkler, Scott Mendel and Tyler Jensen. View institutional ownership trends for GenMark Diagnostics. Which institutional investors are selling GenMark Diagnostics stock? GNMK stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Deutsche Bank AG, Wells Fargo & Company MN, Squarepoint Ops LLC, Essex Investment Management Co. LLC, Two Sigma Advisers LP, and Weiss Multi Strategy Advisers LLC. Company insiders that have sold GenMark Diagnostics company stock in the last year include Brian Andrew Mitchell, Eric Stier, Hany Massarany, James B Mcnally, John Frederick Ek, Kevin C Oboyle, Michael Gleeson, Michael John Harkins, Sarah Hollis Winkler, Scott Mendel, and Tyler Jensen. View insider buying and selling activity for GenMark Diagnostics. Which institutional investors are buying GenMark Diagnostics stock? GNMK stock was acquired by a variety of institutional investors in the last quarter, including Portolan Capital Management LLC, Needham Investment Management LLC, Precept Management LLC, Russell Investments Group Ltd., IndexIQ Advisors LLC, Dupont Capital Management Corp, Dynamic Technology Lab Private Ltd, and Proficio Capital Partners LLC. Company insiders that have bought GenMark Diagnostics stock in the last two years include Kevin C Oboyle, and Michael Kagnoff. View insider buying and selling activity for GenMark Diagnostics. How do I buy shares of GenMark Diagnostics? Shares of GNMK 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, Robinhood, Fidelity, and Charles Schwab. What is GenMark Diagnostics' stock price today? One share of GNMK stock can currently be purchased for approximately $9.98. How big of a company is GenMark Diagnostics? GenMark Diagnostics has a market capitalization of $617.66 million and generates $88.02 million in revenue each year. The medical equipment provider earns $-47,350,000.00 in net income (profit) each year or ($0.82) on an earnings per share basis. GenMark Diagnostics employs 477 workers across the globe. What is GenMark Diagnostics' official website? The official website for GenMark Diagnostics is www.genmarkdx.com. How can I contact GenMark Diagnostics? GenMark Diagnostics' mailing address is 5964 LA PLACE COURT, CARLSBAD CA, 92008. The medical equipment provider can be reached via phone at 760-448-4300 or via email at [email protected] This page was last updated on 5/25/2020 by MarketBeat.com Staff
