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NASDAQ:SRDXSurModics Stock Price, Forecast & News

+0.45 (+0.95 %)
(As of 08/7/2020 04:00 PM ET)
Today's Range
Now: $47.74
50-Day Range
MA: $44.29
52-Week Range
Now: $47.74
Volume71,027 shs
Average Volume78,113 shs
Market Capitalization$649.55 million
P/E Ratio85.25
Dividend YieldN/A
Surmodics, Inc., together with its subsidiaries, provides medical devices and in vitro diagnostic technologies to the healthcare industry in the United States and internationally. The company operates through two segments, Medical Device and In Vitro Diagnostics. The Medical Device segment designs, develops, and manufactures interventional medical devices primarily for the peripheral vascular market; and offers surface modification coating technologies to enhance access, deliverability, and predictable deployment of medical devices, as well as drug delivery coating technologies to provide site-specific drug delivery from the surface of a medical device for the coronary, peripheral, neuro-vascular, urology, and other markets. The Vitro Diagnostics segment provides stabilization products, substrates, antigens, and surface coatings to diagnostics customers; and manufactures or sells components for in vitro diagnostic immunoassay and molecular tests, as well as surface coatings to the diagnostic, biomedical research, and life science markets. Surmodics, Inc. was founded in 1979 and is headquartered in Eden Prairie, Minnesota.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.40 out of 5 stars

Industry, Sector and Symbol

Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
Current SymbolNASDAQ:SRDX



Sales & Book Value

Annual Sales$100.08 million
Cash Flow$1.28 per share
Book Value$9.08 per share


Net Income$7.59 million


Market Cap$649.55 million
Next Earnings Date10/29/2020 (Estimated)
+0.45 (+0.95 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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SurModics (NASDAQ:SRDX) Frequently Asked Questions

How has SurModics' stock been impacted by COVID-19 (Coronavirus)?

SurModics' stock was trading at $29.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SRDX shares have increased by 59.6% and is now trading at $47.74.
View which stocks have been most impacted by Coronavirus

Do Wall Street analysts recommend investors buy shares of SurModics?

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

When is SurModics' next earnings date?

SurModics is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for SurModics

How were SurModics' earnings last quarter?

SurModics, Inc. (NASDAQ:SRDX) announced its quarterly earnings results on Wednesday, August, 5th. The company reported $0.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.02. The company earned $26.88 million during the quarter, compared to analyst estimates of $24.81 million. SurModics had a net margin of 7.39% and a return on equity of 7.60%.
View SurModics' earnings history

What price target have analysts set for SRDX?

3 brokers have issued 12-month target prices for SurModics' shares. Their forecasts range from $61.00 to $76.00. On average, they expect SurModics' share price to reach $66.67 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price.
View analysts' price targets for SurModics

Has SurModics been receiving favorable news coverage?

Media stories about SRDX stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SurModics earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about SurModics

Are investors shorting SurModics?

SurModics saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 334,200 shares, a drop of 13.8% from the July 15th total of 387,700 shares. Based on an average daily volume of 68,700 shares, the days-to-cover ratio is currently 4.9 days. Approximately 2.6% of the company's stock are sold short.
View SurModics' Current Options Chain

Who are some of SurModics' key competitors?

What other stocks do shareholders of SurModics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other SurModics investors own include Gilead Sciences (GILD), Netflix (NFLX), Intel (INTC), NVIDIA (NVDA), Exelixis (EXEL), Neurocrine Biosciences (NBIX), Uniqure (QURE), Sarepta Therapeutics (SRPT), Supernus Pharmaceuticals (SUPN) and Tandem Diabetes Care (TNDM).

Who are SurModics' key executives?

SurModics' management team includes the following people:
  • Mr. Gary R. Maharaj, CEO, Pres & Director (Age 56)
  • Mr. Timothy J. Arens, Chief Financial Officer (Age 52)
  • Mr. Bryan K. Phillips, Sr. VP of Legal, HR & Information Technology, Gen. Counsel and Sec. (Age 48)
  • Mr. Thomas A. Greaney, Chief Operating Officer of Medical Devices (Age 53)
  • Mr. Gregg S. Sutton, VP of R&D - Medical Devices (Age 59)

What is SurModics' stock symbol?

SurModics trades on the NASDAQ under the ticker symbol "SRDX."

Who are SurModics' major shareholders?

SurModics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.77%), Principal Financial Group Inc. (0.75%), New York State Teachers Retirement System (0.28%), Wedge Capital Management L L P NC (0.24%), Swiss National Bank (0.22%) and Russell Investments Group Ltd. (0.21%). Company insiders that own SurModics stock include Gary R Maharaj, Gregg S Sutton, Joseph J Stich, Lisa Wipperman Heine and Susan E Knight.
View institutional ownership trends for SurModics

Which major investors are selling SurModics stock?

SRDX stock was sold by a variety of institutional investors in the last quarter, including Seizert Capital Partners LLC, UBS Group AG, SG Americas Securities LLC, Principal Financial Group Inc., Texas Permanent School Fund, and New York State Teachers Retirement System. Company insiders that have sold SurModics company stock in the last year include Gary R Maharaj, and Joseph J Stich.
View insider buying and selling activity for SurModics

Which major investors are buying SurModics stock?

SRDX stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Wedge Capital Management L L P NC, Hancock Whitney Corp, Dupont Capital Management Corp, Bessemer Group Inc., Swiss National Bank, First Quadrant L P CA, and Russell Investments Group Ltd..
View insider buying and selling activity for SurModics

How do I buy shares of SurModics?

Shares of SRDX 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 SurModics' stock price today?

One share of SRDX stock can currently be purchased for approximately $47.74.

How big of a company is SurModics?

SurModics has a market capitalization of $649.55 million and generates $100.08 million in revenue each year. The company earns $7.59 million in net income (profit) each year or $0.72 on an earnings per share basis. SurModics employs 338 workers across the globe.

What is SurModics' official website?

The official website for SurModics is www.surmodics.com.

How can I contact SurModics?

SurModics' mailing address is 9924 WEST 74TH STREET, EDEN PRAIRIE MN, 55344. The company can be reached via phone at 952-500-7000 or via email at [email protected]

This page was last updated on 8/8/2020 by MarketBeat.com Staff

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