S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NASDAQ:SRDX

Surmodics Stock Forecast, Price & News

$43.93
-1.11 (-2.46%)
(As of 11/30/2021 12:00 AM ET)
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Today's Range
$43.50
$45.16
50-Day Range
$43.93
$58.35
52-Week Range
$37.03
$62.27
Volume
100,575 shs
Average Volume
46,644 shs
Market Capitalization
$610.85 million
P/E Ratio
146.44
Dividend Yield
N/A
Beta
0.96
30 days | 90 days | 365 days | Advanced Chart
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Surmodics logo

About Surmodics

SurModics, Inc. engages in the provision of surface modification technologies for intravascular medical devices and chemical components for in vitro diagnostic immunoassay tests and microarrays. It also develops and commercializes medical devices that are designed to address unmet clinical needs and engineered to the most demanding requirements. The firm operates through the following segments: Medical Device and In Vitro Diagnostics. The Medical Device segment designs, develops, and manufactures interventional medical devices, surface modification coating technologies, as well as drug-delivery coating technologies. The In Vitro Diagnostics segment consists of component products and technologies for diagnostic test kits and biomedical research applications. The company was founded in June 1979 and is headquartered in Eden Prairie, MN.

Headlines

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Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
Health Care Equipment
Sector
Medical
Current Symbol
NASDAQ:SRDX
CUSIP
86887310
Employees
370
Year Founded
1979

Sales & Book Value

Annual Sales
$105.14 million
Cash Flow
$0.51 per share
Book Value
$10.10 per share

Profitability

Net Income
$1.12 million
Pretax Margin
6.04%

Debt

Price-To-Earnings

Miscellaneous

Free Float
12,887,000
Market Cap
$610.85 million
Optionable
Optionable

Company Calendar

Last Earnings
11/10/2021
Today
12/01/2021
Next Earnings (Estimated)
2/08/2022
Fiscal Year End
9/30/2022

Social Links


MarketRank

Overall MarketRank

2.23 out of 5 stars

Medical Sector

338th out of 1,390 stocks

Surgical & Medical Instruments Industry

38th out of 127 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Surmodics (NASDAQ:SRDX) Frequently Asked Questions

Is Surmodics a buy right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Surmodics in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Surmodics stock.
View analyst ratings for Surmodics
or view top-rated stocks.

How has Surmodics' stock price been impacted by COVID-19?

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 46.9% and is now trading at $43.93.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Surmodics?

Surmodics saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 180,900 shares, a drop of 37.1% from the October 31st total of 287,800 shares. Based on an average daily volume of 49,500 shares, the short-interest ratio is currently 3.7 days. Currently, 1.4% of the shares of the company are short sold.
View Surmodics' Short Interest
.

When is Surmodics' next earnings date?

Surmodics is scheduled to release its next quarterly earnings announcement on Tuesday, February 8th 2022.
View our earnings forecast for Surmodics
.

How were Surmodics' earnings last quarter?

Surmodics, Inc. (NASDAQ:SRDX) posted its earnings results on Wednesday, November, 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.25) by $0.15. Surmodics had a trailing twelve-month return on equity of 3.76% and a net margin of 4.03%. During the same period in the previous year, the company earned ($0.18) EPS.
View Surmodics' earnings history
.

What guidance has Surmodics issued on next quarter's earnings?

Surmodics updated its FY 2022 earnings guidance on Wednesday, December, 1st. The company provided earnings per share (EPS) guidance of $-1.750-$-1.250 for the period, compared to the Thomson Reuters consensus estimate of $0.920. The company issued revenue guidance of $97 million-$101 million, compared to the consensus revenue estimate of $118.12 million.

What price target have analysts set for SRDX?

2 brokerages have issued 12 month price objectives for Surmodics' shares. Their forecasts range from $70.00 to $70.00. On average, they expect Surmodics' share price to reach $70.00 in the next twelve months. This suggests a possible upside of 59.3% from the stock's current price.
View analysts' price targets for Surmodics
or view top-rated stocks among Wall Street analysts.

Who are Surmodics' key executives?

Surmodics' management team includes the following people:

What is Gary Maharaj's approval rating as Surmodics' CEO?

8 employees have rated Surmodics CEO Gary Maharaj on Glassdoor.com. Gary Maharaj has an approval rating of 65% among Surmodics' employees.

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), Exelixis (EXEL), Intel (INTC), NVIDIA (NVDA), Tandem Diabetes Care (TNDM), uniQure (QURE), Sangamo Therapeutics (SGMO), Abbott Laboratories (ABT) and Dynavax Technologies (DVAX).

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.94%), Trigran Investments Inc. (13.44%), Renaissance Technologies LLC (5.69%), Wellington Management Group LLP (4.81%), Dimensional Fund Advisors LP (3.34%) and Janus Henderson Group PLC (2.58%). Company insiders that own Surmodics stock include Charles W Olson, Charles W Olson, David Dantzker, Gary R Maharaj, Gary R Maharaj, John D Manders, Jose H Bedoya, Joseph J Stich and Joseph J Stich.
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 Goldman Sachs Group Inc., Millennium Management LLC, Renaissance Technologies LLC, Two Sigma Investments LP, Two Sigma Advisers LP, Gabelli Funds LLC, Citadel Advisors LLC, and Raymond James & Associates. Company insiders that have sold Surmodics company stock in the last year include Charles W Olson, David Dantzker, Gary R Maharaj, John D Manders, Jose H Bedoya, and Joseph J Stich.
View insider buying and selling activity for Surmodics
or view top insider-selling stocks.

Which major investors are buying Surmodics stock?

SRDX stock was purchased by a variety of institutional investors in the last quarter, including Trigran Investments Inc., State of New Jersey Common Pension Fund D, SG Americas Securities LLC, Exchange Traded Concepts LLC, Martingale Asset Management L P, Geode Capital Management LLC, Summit Global Investments, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for Surmodics
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Surmodics' stock price today?

One share of SRDX stock can currently be purchased for approximately $43.93.

How much money does Surmodics make?

Surmodics has a market capitalization of $610.85 million and generates $105.14 million in revenue each year. The company earns $1.12 million in net income (profit) each year or $0.30 on an earnings per share basis.

How many employees does Surmodics have?

Surmodics employs 370 workers across the globe.

When was Surmodics founded?

Surmodics was founded in 1979.

What is Surmodics' official website?

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

Where are Surmodics' headquarters?

Surmodics is headquartered at 9924 WEST 74TH STREET, EDEN PRAIRIE MN, 55344.

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, via email at [email protected], or via fax at 952-500-7001.


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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