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NASDAQ:SILK

Silk Road Medical Stock Forecast, Price & News

$69.61
+1.26 (+1.84 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$68.18
Now: $69.61
$72.19
50-Day Range
$46.46
MA: $56.01
$68.71
52-Week Range
$20.84
Now: $69.61
$72.19
Volume1.84 million shs
Average Volume414,719 shs
Market Capitalization$2.34 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.83
Silk Road Medical, Inc. operates as a medical device company in the United States. It offers ENROUTE Transcarotid Neuroprotection System that is used to directly access the common carotid artery and initiate temporary blood flow reversal; ENROUTE Transcarotid Stent System, a self-expanding, self-tapering stent with clinical data regarding lasting safety outcomes; ENHANCE Transcarotid Peripheral Access Kit for use in gaining initial access to the common carotid artery; and ENROUTE 0.014 Guidewire for navigating and crossing the target lesion for delivery of interventional devices. The company was founded in 2007 and is headquartered in Sunnyvale, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.4Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.90 out of 5 stars


Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:SILK
CUSIPN/A
CIKN/A
Phone408-720-9002

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$63.35 million
Book Value$2.33 per share

Profitability

Net Income$-52,420,000.00

Miscellaneous

Employees176
Market Cap$2.34 billion
Next Earnings Date11/3/2020 (Estimated)
OptionableNot Optionable
$69.61
+1.26 (+1.84 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Silk Road Medical (NASDAQ:SILK) Frequently Asked Questions

How has Silk Road Medical's stock been impacted by Coronavirus (COVID-19)?

Silk Road Medical's stock was trading at $37.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SILK shares have increased by 87.4% and is now trading at $69.61.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Silk Road Medical?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silk Road Medical in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Silk Road Medical
.

When is Silk Road Medical's next earnings date?

Silk Road Medical is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Silk Road Medical
.

How were Silk Road Medical's earnings last quarter?

Silk Road Medical Inc (NASDAQ:SILK) announced its quarterly earnings data on Wednesday, August, 5th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.38) by $0.06. The firm earned $15.10 million during the quarter, compared to analysts' expectations of $12.37 million. Silk Road Medical had a negative net margin of 52.69% and a negative return on equity of 43.15%. The company's revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.42) EPS.
View Silk Road Medical's earnings history
.

What price target have analysts set for SILK?

4 brokerages have issued 1 year price objectives for Silk Road Medical's stock. Their forecasts range from $54.00 to $60.00. On average, they expect Silk Road Medical's share price to reach $56.75 in the next twelve months. This suggests that the stock has a possible downside of 18.5%.
View analysts' price targets for Silk Road Medical
.

Are investors shorting Silk Road Medical?

Silk Road Medical saw a drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,790,000 shares, a drop of 17.5% from the July 30th total of 2,170,000 shares. Based on an average trading volume of 424,700 shares, the days-to-cover ratio is currently 4.2 days. Currently, 5.9% of the shares of the company are short sold.
View Silk Road Medical's Short Interest
.

Who are some of Silk Road Medical's key competitors?

What other stocks do shareholders of Silk Road Medical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Silk Road Medical investors own include Procter & Gamble (PG), Abbott Laboratories (ABT), Cisco Systems (CSCO), Pfizer (PFE), CSX (CSX), Honeywell International (HON), Raytheon Technologies (RTX), Veeva Systems (VEEV), Alibaba Group (BABA) and Edwards Lifesciences (EW).

Who are Silk Road Medical's key executives?

Silk Road Medical's management team includes the following people:
  • Ms. Erica J. Rogers, Chief Exec. Officer, Pres & Director (Age 55)
  • Mr. Lucas W. Buchanan, Chief Financial Officer (Age 41)
  • Mr. Robert A. Nicholas, VP of Operations & Engineering (Age 56)
  • Mr. Andrew S. Davis, Exec. VP of Global Sales & Marketing (Age 50)
  • Ms. Alison Highlander, VP of HR

When did Silk Road Medical IPO?

(SILK) raised $75 million in an initial public offering (IPO) on Thursday, April 4th 2019. The company issued 4,700,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and BMO Capital Markets and Stifel were co-managers.

What is Silk Road Medical's stock symbol?

Silk Road Medical trades on the NASDAQ under the ticker symbol "SILK."

Who are Silk Road Medical's major shareholders?

Silk Road Medical's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.38%), Wasatch Advisors Inc. (8.04%), Jennison Associates LLC (4.88%), Bamco Inc. NY (4.69%), TimesSquare Capital Management LLC (3.35%) and Victory Capital Management Inc. (2.93%). Company insiders that own Silk Road Medical stock include Andrew S Davis, Erica J Rogers, Lucas W Buchanan, Pincus & Co Warburg, Richard Ruedy and X Finance LP Wp.
View institutional ownership trends for Silk Road Medical
.

Which institutional investors are selling Silk Road Medical stock?

SILK stock was sold by a variety of institutional investors in the last quarter, including Deerfield Management Company L.P. Series C, HighTower Advisors LLC, Nicholas Investment Partners LP, Peregrine Capital Management LLC, Rhenman & Partners Asset Management AB, Chartwell Investment Partners LLC, Schonfeld Strategic Advisors LLC, and Sei Investments Co.. Company insiders that have sold Silk Road Medical company stock in the last year include Andrew S Davis, Erica J Rogers, Lucas W Buchanan, Pincus & Co Warburg, and Richard Ruedy.
View insider buying and selling activity for Silk Road Medical
.

Which institutional investors are buying Silk Road Medical stock?

SILK stock was acquired by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Vanguard Group Inc., State of Wisconsin Investment Board, Frontier Capital Management Co. LLC, Jennison Associates LLC, Perceptive Advisors LLC, Summit Partners Public Asset Management LLC, and TimesSquare Capital Management LLC.
View insider buying and selling activity for Silk Road Medical
.

How do I buy shares of Silk Road Medical?

Shares of SILK 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 Silk Road Medical's stock price today?

One share of SILK stock can currently be purchased for approximately $69.61.

How big of a company is Silk Road Medical?

Silk Road Medical has a market capitalization of $2.34 billion and generates $63.35 million in revenue each year. The company earns $-52,420,000.00 in net income (profit) each year or ($1.36) on an earnings per share basis. Silk Road Medical employs 176 workers across the globe.

What is Silk Road Medical's official website?

The official website for Silk Road Medical is www.silkroadmed.com.

How can I contact Silk Road Medical?

Silk Road Medical's mailing address is 1213 INNSBRUCK DR., SUNNYVALE CA, 94089. The company can be reached via phone at 408-720-9002 or via email at [email protected]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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