NASDAQ:TMDI - Titan Medical Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$3.30 0.00 (0.00 %)
(As of 03/18/2019 09:28 AM ET)
Previous Close$3.30
Today's Range$3.21 - $3.37
52-Week Range$1.05 - $7.75
Volume193,153 shs
Average Volume556,375 shs
Market Capitalization$71.53 million
P/E Ratio-2.43
Dividend YieldN/A
BetaN/A
Titan Medical Inc., a development stage company, focuses on design and development of robotic surgical system for application in minimally invasive surgery (MIS). The company is developing SPORT Surgical System, a single-port robotic surgical system that comprises a surgeon-controlled patient cart, which includes a 3D 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 various surgical procedures for general abdominal, gynecologic, urologic, and colorectal indications. The company is headquartered in Toronto, Canada.

Receive TMDI News and Ratings via Email

Sign-up to receive the latest news and ratings for TMDI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:TMDI
CUSIPN/A
CIKN/A
Phone416-548-8522

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$71.53 million
Next Earnings Date5/8/2019 (Estimated)
OptionableNot Optionable

Titan Medical (NASDAQ:TMDI) Frequently Asked Questions

What is Titan Medical's stock symbol?

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

When is Titan Medical's next earnings date?

Titan Medical is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Titan Medical.

What price target have analysts set for TMDI?

2 analysts have issued twelve-month price objectives for Titan Medical's shares. Their predictions range from $6.00 to $8.00. On average, they anticipate Titan Medical's share price to reach $7.00 in the next year. This suggests a possible upside of 112.1% from the stock's current price. View Analyst Price Targets for Titan Medical.

What is the consensus analysts' recommendation for Titan Medical?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Titan Medical in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Titan Medical.

What are Wall Street analysts saying about Titan Medical stock?

Here are some recent quotes from research analysts about Titan Medical stock:
  • 1. According to Zacks Investment Research, "Titan Medical Inc. is focused on the design and development of a robotic surgical system for application in minimally invasive surgery. The Company's SPORT Surgical System includes a surgeon-controlled robotic platform which incorporates a 3D high-definition vision system and multi-articulating instruments for performing MIS procedures through a single incision. The surgical system also includes a surgeon workstation which provides a surgeon with an advanced ergonomic interface to the robotic platform for controlling the instruments and viewing the inside of a patient's body in 3D during MIS procedures. Titan Medical Inc. is based in ON, Canada. " (3/9/2019)
  • 2. Maxim Group analysts commented, "Market close, TMDI reported a wider-than-expected 4Q18 operating loss, but warrant exercises extend the cash runway. The company burned $17.8M of operating cash in the quarter, leaving it with $11.5M in cash and equivalents. a total of 619,606 warrants had been exercised for gross proceeds of $2.0M, and there are more in-the-money warrants. Titan’s SPORT Surgical system remains on track for a 510(k) submission by the end of 2019 and commercial launch in 2020. See Figure 1: TMDI Page 2." (2/14/2019)
  • 3. Northland Securities analysts commented, "We just finished a call with Titan management, and highlight the key points discussed on our call. Overall, the company seems on track to file for CE mark by YE19 and begin its IDE study for the U.S. regulatory approval by Q4-19 also. We gleaned some additional details on these filings, which are highlighted below. Key Points U.S. 510k filing The U.S. IDE in anticipation of a 510k filing will begin in Q4-19. The IDE entails a 40-patient study in benign hysterectomy." (1/3/2019)

Has Titan Medical been receiving favorable news coverage?

Media headlines about TMDI stock have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Titan Medical earned a daily sentiment score of 1.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Who are some of Titan Medical's key competitors?

What other stocks do shareholders of Titan Medical own?

Who are Titan Medical's key executives?

Titan Medical's management team includes the folowing people:
  • Mr. David J. McNally, Pres, CEO & Director (Age 57)
  • Mr. Stephen D. Randall, CFO, Sec. & Director
  • Dr. Perry A. Genova, Sr. VP of R&D
  • Mr. Christopher Seibert, VP of Bus. Devel.
  • Mr. Curtis R. Jensen, VP of Quality & Regulatory Affairs

Who are Titan Medical's major shareholders?

Titan Medical's stock is owned by a number of of institutional and retail investors. Top institutional investors include Highbridge Capital Management LLC (1.39%), Valeo Financial Advisors LLC (0.15%) and Pathlight Investors LLC (0.12%).

Which major investors are selling Titan Medical stock?

TMDI stock was sold by a variety of institutional investors in the last quarter, including Highbridge Capital Management LLC.

Which major investors are buying Titan Medical stock?

TMDI stock was purchased by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC and Pathlight Investors LLC.

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, Scottrade, Fidelity and Charles Schwab.

What is Titan Medical's stock price today?

One share of TMDI stock can currently be purchased for approximately $3.30.

How big of a company is Titan Medical?

Titan Medical has a market capitalization of $71.53 million.

What is Titan Medical's official website?

The official website for Titan Medical is http://www.titanmedicalinc.com.

How can I contact Titan Medical?

Titan Medical's mailing address is 170 UNIVERSITY AVENUE, TORONTO A6, M5H 3B3. The company can be reached via phone at 416-548-8522.


MarketBeat Community Rating for Titan Medical (NASDAQ TMDI)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  54 (Vote Underperform)
Total Votes:  100
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.
This page was last updated on 3/18/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel