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NASDAQ:ZYXI

Zynex (ZYXI) Stock Price, News & Analysis

$8.93
-1.26 (-12.37%)
(As of 07/26/2024 ET)
Today's Range
$7.81
$8.97
50-Day Range
$8.63
$10.58
52-Week Range
$6.88
$13.77
Volume
1.03 million shs
Average Volume
195,244 shs
Market Capitalization
$283.75 million
P/E Ratio
38.83
Dividend Yield
N/A
Price Target
$14.00

Zynex MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
56.8% Upside
$14.00 Price Target
Short Interest
Bearish
33.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.36mentions of Zynex in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
84.31%
From $0.51 to $0.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.26 out of 5 stars

Medical Sector

355th out of 936 stocks

Electromedical Equipment Industry

7th out of 22 stocks

ZYXI stock logo

About Zynex Stock (NASDAQ:ZYXI)

Zynex, Inc., together with its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography and electric stimulation technology device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; E-Wave, an NMES device; M-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body, and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, and braces for rehabilitation support. Further, it offers Zynex Fluid Monitoring System (CM-1500); Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser-based noninvasive co-oximeter; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; hemodynamic monitoring and intravascular volume monitoring; and pulse oximetry monitoring. It sells its products through direct sales force primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado.

ZYXI Stock Price History

ZYXI Stock News Headlines

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In 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their short positions to prevent huge losses.
Why Zynex Plunged Today
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Why Is Zynex (ZYXI) Stock Down 24% Today?
ZYXI Stock Earnings: Zynex Misses EPS, Misses Revenue for Q2 2024
Zynex Shares Drop 18% After 2Q Earnings Miss, Outlook Cut
Zynex Reports Second Quarter 2024 Financial Results
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Here's what Wall Street expects from Zynex's earnings report
Zynex Q2 2024 Earnings Preview
Zynex Sets Second Quarter 2024 Earnings Call
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
N/A
Current Symbol
NASDAQ:ZYXI
Fax
N/A
Employees
1,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.00
High Stock Price Target
$16.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+101.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$9.73 million
Pretax Margin
5.82%

Debt

Sales & Book Value

Annual Sales
$188.68 million
Cash Flow
$0.36 per share
Book Value
$1.36 per share

Miscellaneous

Free Float
15,211,000
Market Cap
$283.75 million
Optionable
Optionable
Beta
0.53
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ZYXI Stock Analysis - Frequently Asked Questions

How have ZYXI shares performed this year?

Zynex's stock was trading at $10.89 at the beginning of the year. Since then, ZYXI shares have decreased by 18.0% and is now trading at $8.93.
View the best growth stocks for 2024 here
.

How were Zynex's earnings last quarter?

Zynex, Inc. (NASDAQ:ZYXI) released its earnings results on Thursday, July, 25th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.08 by $0.04. The business's revenue was up 11.0% on a year-over-year basis.

What is Thomas Sandgaard's approval rating as Zynex's CEO?

81 employees have rated Zynex Chief Executive Officer Thomas Sandgaard on Glassdoor.com. Thomas Sandgaard has an approval rating of 87% among the company's employees.

Who are Zynex's major shareholders?

Top institutional investors of Zynex include Bank of New York Mellon Corp (0.61%) and Platte River Wealth Advisors LLC (0.09%). Insiders that own company stock include Daniel J Moorhead, Anna Lucsok and Thomas Sandgaard.
View institutional ownership trends
.

How do I buy shares of Zynex?

Shares of ZYXI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ZYXI) was last updated on 7/27/2024 by MarketBeat.com Staff

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