NASDAQ:TMDI

Titan Medical Stock Forecast, Price & News

$1.19

+0.20 (+20.20 %)

(As of 11/27/2020 12:00 AM ET)

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Today's Range

$0.99

Now: $1.19▼

$1.38

50-Day Range

$0.67

MA: $0.74▼

$0.99

52-Week Range

$0.12

Now: $1.19▼

$1.75

Volume5.57 million shs

Average Volume1.94 million shs

Market Capitalization$97.09 million

P/E RatioN/A

Dividend YieldN/A

Beta2.89

Titan Medical Inc., a research and development stage company, focuses on the design, development, and commercialization of computer-assisted robotic surgical technologies for application in minimally invasive surgery (MIS). The company is developing the SPORT Surgical System, a single-port robotic surgical system that comprises a surgeon-controlled patient cart, which includes a 3D high definition vision system and multi-articulating instruments for performing MIS procedures; and a surgeon workstation that provides the surgeon with ergonomic interface to the patient cart and a 3D endoscopic view inside the patient's body during MIS procedures. The SPORT Surgical System enables surgeons to perform surgical procedures for gynecologic, urologic, colorectal, and abdominal indications. Titan Medical Inc. is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Titan Medical has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $1.25, Titan Medical has a forecasted upside of 5.0% from its current price of $1.19.
Amount of Analyst Coverage
Titan Medical has received no research coverage in the past 90 days.

2.4 Community Rank

Outperform Votes
Titan Medical has received 140 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Titan Medical has received 148 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Titan Medical has received 51.39% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Titan Medical and other stocks. Vote “Outperform” if you believe TMDI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TMDI will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Titan Medical does not currently pay a dividend.
Dividend Growth
Titan Medical does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Titan Medical insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 6.69% of the stock of Titan Medical is held by institutions.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Titan Medical is -59.50, 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. Sector
The P/E ratio of Titan Medical is -59.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Overall Beat the Market Rank^™

0.73 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Surgical & medical instruments

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:TMDI

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.titanmedicalinc.com

Phone416-548-7522

Employees9

Debt

Debt-to-Equity RatioN/A

Current Ratio1.07

Quick Ratio1.07

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book Value($0.29) per share

Price / Book-4.10

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-41,910,000.00

Net MarginsN/A

Return on EquityN/A

Return on Assets-226.47%

Miscellaneous

Outstanding Shares81,589,000

Market Cap$97.09 million

Next Earnings Date3/29/2021 (Estimated)

OptionableNot Optionable

$1.19

+0.20 (+20.20 %)

(As of 11/27/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Titan Medical (NASDAQ:TMDI) Frequently Asked Questions

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

Titan Medical's stock was trading at $0.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TMDI stock has increased by 495.0% and is now trading at $1.19.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Titan Medical?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Titan Medical in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Titan Medical or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Titan Medical?

Wall Street analysts have given Titan Medical a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Titan Medical wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Titan Medical's next earnings date?

Titan Medical is scheduled to release its next quarterly earnings announcement on Monday, March 29th 2021.
View our earnings forecast for Titan Medical.

What price target have analysts set for TMDI?

2 brokerages have issued 1-year target prices for Titan Medical's stock. Their forecasts range from $1.00 to $1.50. On average, they expect Titan Medical's stock price to reach $1.25 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for Titan Medical.

Who are some of Titan Medical's key competitors?

Some companies that are related to Titan Medical include Retractable Technologies (RVP), Profound Medical (PROF), Pulse Biosciences (PLSE), Cytosorbents (CTSO), UFP Technologies (UFPT), Co-Diagnostics (CODX), Utah Medical Products (UTMD), RenovaCare (RCAR), InfuSystem (INFU), Retractable Technologies (RVP), IRadimed (IRMD), Apyx Medical (APYX), The Westaim (WEDXF), InfuSystem (INFU) and TELA Bio (TELA).
View all competitors.

What other stocks do shareholders of Titan Medical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Titan Medical investors own include NIO (NIO), Advanced Micro Devices (AMD), Electrameccanica Vehicles (SOLO), Sorrento Therapeutics (SRNE), Ampio Pharmaceuticals (AMPE), Biocept (BIOC), Micron Technology (MU), Blink Charging (BLNK), Bionano Genomics (BNGO) and FuelCell Energy (FCEL).

Who are Titan Medical's key executives?

Titan Medical's management team includes the following people:

Mr. David J. McNally, Pres, CEO & Chairman (Age 58, Pay $495k)
Mr. Sachin A. Sankholkar, VP of Marketing
Dr. Bruce Giles Wolff, Sr. Advisor & Member of Surgeon Advisory Board
Dr. Perry A. Genova, Sr. VP of R&D
Ms. Monique L. Delorme CPA, CA, Chief Financial Officer
Mr. Jasminder Brar, VP of Legal, IP & Strategic Initiatives, Corp. Sec. and Gen. Counsel

What is Titan Medical's stock symbol?

Titan Medical trades on the NASDAQ under the ticker symbol "TMDI."

Who are Titan Medical's major shareholders?

Titan Medical's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Morgan Stanley (0.10%), JPMorgan Chase & Co. (0.06%) and Stratos Wealth Partners LTD. (0.04%).

Which institutional investors are buying Titan Medical stock?

TMDI stock was bought by a variety of institutional investors in the last quarter, including Morgan Stanley, JPMorgan Chase & Co., and Stratos Wealth Partners LTD..

How do I buy shares of Titan Medical?

Shares of TMDI 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 Titan Medical's stock price today?

One share of TMDI stock can currently be purchased for approximately $1.19.

How big of a company is Titan Medical?

Titan Medical has a market capitalization of $97.09 million. Titan Medical employs 9 workers across the globe.

What is Titan Medical's official website?

The official website for Titan Medical is www.titanmedicalinc.com.

How can I contact Titan Medical?

Titan Medical's mailing address is 155 UNIVERSITY AVENUE, TORONTO A6, M5H 3B7. The company can be reached via phone at 416-548-7522.

This page was last updated on 11/29/2020 by MarketBeat.com Staff

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