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NASDAQ:SILKSilk Road Medical Stock Price, Forecast & News

$38.27
+0.06 (+0.16 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$37.00
Now: $38.27
$38.50
50-Day Range
$34.36
MA: $38.34
$41.91
52-Week Range
$20.84
Now: $38.27
$51.50
Volume409,543 shs
Average Volume822,759 shs
Market Capitalization$1.20 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.51 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$2.03 per share

Profitability

Net Income$-52,420,000.00

Miscellaneous

Employees176
Market Cap$1.20 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableNot Optionable

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Silk Road Medical (NASDAQ:SILK) Frequently Asked Questions

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

Silk Road Medical's stock was trading at $37.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SILK shares have increased by 3.0% and is now trading at $38.27. View which stocks have been most impacted by Coronavirus.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Silk Road Medical in the last year. There are currently 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 Monday, August 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) issued its quarterly earnings results on Thursday, April, 30th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.31) by $0.01. The firm earned $18.93 million during the quarter, compared to analyst estimates of $19.79 million. Silk Road Medical had a negative return on equity of 44.17% and a negative net margin of 54.94%. The business's quarterly revenue was up 48.3% on a year-over-year basis. During the same period last year, the firm earned ($20.12) earnings per share. View Silk Road Medical's earnings history.

What price target have analysts set for SILK?

3 brokers have issued 12-month target prices for Silk Road Medical's shares. Their forecasts range from $47.00 to $52.00. On average, they expect Silk Road Medical's share price to reach $49.67 in the next year. This suggests a possible upside of 29.8% from the stock's current price. View analysts' price targets for Silk Road Medical.

Has Silk Road Medical been receiving favorable news coverage?

Press coverage about SILK stock has been trending positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Silk Road Medical earned a news impact score of 2.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutSilk Road Medical.

Are investors shorting Silk Road Medical?

Silk Road Medical saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,270,000 shares, an increase of 5.6% from the April 15th total of 2,150,000 shares. Based on an average daily volume of 323,700 shares, the days-to-cover ratio is presently 7.0 days. Approximately 9.8% of the shares of the stock are sold short. View Silk Road Medical's Current Options Chain.

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 Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), Honeywell International (HON), Splunk (SPLK), Thermo Fisher Scientific (TMO), CVS Health (CVS), DexCom (DXCM), Raytheon Technologies (RTX) and Veeva Systems (VEEV).

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 $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 a variety of institutional and retail investors. Top institutional investors include Capital World Investors (5.64%), BlackRock Inc. (5.29%), Janus Henderson Group PLC (5.22%), Alliancebernstein L.P. (4.63%), Wasatch Advisors Inc. (4.60%) and Jennison Associates LLC (4.26%). 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 major investors are selling Silk Road Medical stock?

SILK stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Janus Henderson Group PLC, Alyeska Investment Group L.P., Atom Investors LP, TimesSquare Capital Management LLC, Cannell Peter B & Co. Inc., Rhenman & Partners Asset Management AB, and Nuveen Asset Management LLC. 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 major investors are buying Silk Road Medical stock?

SILK stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Wasatch Advisors Inc., Invesco Ltd., Capital International Investors, Frontier Capital Management Co. LLC, Clearbridge Investments LLC, BlackRock Inc., and Thrivent Financial for Lutherans. 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 $38.27.

How big of a company is Silk Road Medical?

Silk Road Medical has a market capitalization of $1.20 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 5/31/2020 by MarketBeat.com Staff

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