NASDAQ:TMDI

Titan Medical - TMDI Stock Forecast, Price & News

$0.52

-0.01 (-1.89%)

(As of 08/17/2022 12:00 AM ET)

Add

Compare

Today's Range: $0.51
▼
$0.53
50-Day Range: $0.47
▼
$0.64
52-Week Range: $0.38
▼
$1.78

Volume: 75,071 shs
Average Volume: 240,308 shs
Market Capitalization: $57.93 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Titan Medical MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.28% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.46
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.35) to ($0.26) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.12 out of 5 stars

Medical Sector

1104th out of 1,122 stocks

Surgical & Medical Instruments Industry

111th out of 112 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Titan Medical.

3.0

Short Interest

Percentage of Shares Shorted
0.28% of the outstanding shares of Titan Medical have been sold short.
Short Interest Ratio / Days to Cover
Titan Medical has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Titan Medical has recently increased by 50.07%, indicating that investor sentiment is decreasing significantly.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TMDI.

2.5

News and Social Media Coverage

News Sentiment
Titan Medical has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Titan Medical this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for TMDI on MarketBeat in the last 30 days.
MarketBeat Follows
Only 1 people have added Titan Medical to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

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 3.69% of the stock of Titan Medical is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Titan Medical are expected to grow in the coming year, from ($0.35) to ($0.26) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Titan Medical is -2.90, 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 -2.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Titan Medical has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Titan Medical (NASDAQ:TMDI) Stock

Titan Medical Inc., a medical technology company, focuses on the development and commercialization of robotic assisted surgical technologies for application in minimally invasive surgery. It is developing the Enos system, a robotic single access surgical system that includes a surgeon-controlled patient cart comprising a 3D high-definition vision system and multi-articulating instruments for performing surgical 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 surgical procedures. The company is headquartered in Toronto, Canada.

Titan Medical Stock Performance

Titan Medical stock opened at $0.53 on Wednesday. Titan Medical has a 12 month low of $0.38 and a 12 month high of $1.78. The company's fifty day simple moving average is $0.54 and its 200-day simple moving average is $0.53.

Receive TMDI Stock News and Ratings via Email

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

TMDI Stock News Headlines

August 11, 2022 | seekingalpha.com

Titan Medical Inc. (TMDI) CEO Cary Vance on Q2 2022 Results - Earnings Call Transcript

August 11, 2022 | americanbankingnews.com

Short Interest in Titan Medical Inc. (NASDAQ:TMDI) Rises By 50.1%

August 4, 2022 | americanbankingnews.com

Titan Medical (TMDI) to Release Quarterly Earnings on Thursday

July 25, 2022 | finance.yahoo.com

Titan Medical to Issue Second Quarter 2022 Financial Results on August 11, 2022

July 10, 2022 | bizjournals.com

New Titan Medical CEO tasked with keeping Chapel Hill firm on track to commercialization

July 1, 2022 | finance.yahoo.com

Chapel Hill company given extension to regain Nasdaq compliance

June 29, 2022 | seekingalpha.com

Titan Medical granted 180-day extension to regain compliance with Nasdaq's minimum bid price rule

June 29, 2022 | finance.yahoo.com

Titan Medical Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

June 21, 2022 | seekingalpha.com

Titan teams up with Nissha Medical to advance Enos surgical system

June 1, 2022 | finance.yahoo.com

Titan Medical Announces Executive Departure

May 12, 2022 | seekingalpha.com

Titan Medical Inc. (TMDI) CEO Paul Cataford on Q1 2022 Results - Earnings Call Transcript

May 12, 2022 | seekingalpha.com

Titan Medical reports Q1 results

May 12, 2022 | finance.yahoo.com

Titan Medical Reports Financial Results for the First Quarter 2022

May 11, 2022 | seekingalpha.com

Titan Medical Q1 2022 Earnings Preview

May 6, 2022 | finance.yahoo.com

Titan Medical Announces Availability of Materials for the 2022 Annual and Special Meeting of Shareholders

May 3, 2022 | seekingalpha.com

Titan Medical rallies on purchase order from Medtronic

May 3, 2022 | finance.yahoo.com

Titan Medical Announces Purchase Order from Medtronic

March 24, 2022 | benzinga.com

Titan Medical's Earnings Outlook

March 24, 2022 | seekingalpha.com

Titan Medical stock falls 6% amid FY21 results

March 24, 2022 | seekingalpha.com

Titan Medical reports FY results

March 24, 2022 | finance.yahoo.com

Titan Medical Reports Operating and Financial Results for the Fourth Quarter and Year End 2021

March 23, 2022 | seekingalpha.com

Titan Medical FY Earnings Preview

March 17, 2022 | benzinga.com

How To Attend Titan Medical Q4 2021 Earnings Conference Call

March 14, 2022 | finance.yahoo.com

Titan Medical to Report Year End 2021 Financial Results on March 24, 2022

February 24, 2022 | finance.yahoo.com

Ekso Bionics (EKSO) Reports Q4 Loss, Tops Revenue Estimates

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive TMDI Stock News and Ratings via Email

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

TMDI Company Calendar

Last Earnings: 11/11/2021
Today: 8/17/2022
Next Earnings (Estimated): 11/10/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Surgical & medical instruments
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:TMDI
CUSIP: N/A
CIK: 840551
Web: www.titanmedicalinc.com
Phone: (416) 548-7522
Fax: N/A
Employees: 49
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.18)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-14,860,000.00
Net Margins: N/A
Pretax Margin: -191.72%
Return on Equity: -130.17%
Return on Assets: -84.93%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.58
Quick Ratio: 2.58

Sales & Book Value

Annual Sales: $20.09 million
Price / Sales: 2.88
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.14 per share
Price / Book: 3.71

Miscellaneous

Outstanding Shares: 111,408,000
Free Float: N/A
Market Cap: $57.93 million
Optionable: Not Optionable
Beta: 2.52

Key Executives

Mr. Cary G. Vance (Age 56)
CEO, Pres & Director
Comp: $56.18k
Mr. Stephen L. Lemieux BA
CA, CPA, MMPA, Chief Financial Officer
Mr. Jasminder Brar
VP of Legal, IP & Strategic Initiatives, Corp. Sec. and Gen. Counsel
Ms. Kristen P. Galfetti
VP of Investor Relations & Corp. Communications
Ms. Tammy Barnes Carrea
VP of Quality and Regulatory Affairs

Key Competitors

View All Competitors

Insiders & Institutions

Essex LLC
Bought 370,394 shares on 8/1/2022
Ownership: 1.802%

View All Insider Transactions
View All Institutional Transactions

TMDI Stock - Frequently Asked Questions

Should I buy or sell Titan Medical stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Titan Medical in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TMDI shares.
View TMDI analyst ratings or view top-rated stocks.
How have TMDI shares performed in 2022?: Titan Medical's stock was trading at $0.6251 at the start of the year. Since then, TMDI stock has decreased by 16.0% and is now trading at $0.5250.
View the best growth stocks for 2022 here.
When is Titan Medical's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our TMDI earnings forecast.
How were Titan Medical's earnings last quarter?: Titan Medical Inc. (NASDAQ:TMDI) posted its earnings results on Thursday, November, 11th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.02. During the same quarter in the prior year, the company earned ($0.02) earnings per share.

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).
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 institutional and retail investors. Top institutional investors include Essex LLC (1.80%).
How do I buy shares of Titan Medical?: Shares of TMDI stock 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 Titan Medical's stock price today?: One share of TMDI stock can currently be purchased for approximately $0.53.
How much money does Titan Medical make?: Titan Medical (NASDAQ:TMDI) has a market capitalization of $58.49 million and generates $20.09 million in revenue each year. The company earns $-14,860,000.00 in net income (profit) each year or ($0.18) on an earnings per share basis.
How can I contact Titan Medical?: Titan Medical's mailing address is 155 UNIVERSITY AVENUE, TORONTO A6, M5H 3B7. The official website for the company is www.titanmedicalinc.com. The company can be reached via phone at (416) 548-7522.

This page (NASDAQ:TMDI) was last updated on 8/17/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Titan Medical - TMDI Stock Forecast, Price & News

Titan Medical MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows