Zynex - ZYXI Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zynex in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ZYXI shares.
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3 brokers have issued 12 month price objectives for Zynex's shares. Their ZYXI share price forecasts range from $12.50 to $21.00. On average, they expect the company's share price to reach $17.17 in the next year. This suggests a possible upside of 25.9% from the stock's current price.
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Zynex's stock was trading at $13.91 at the beginning of 2023. Since then, ZYXI stock has decreased by 1.9% and is now trading at $13.64.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
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Zynex, Inc. (NASDAQ:ZYXI) issued its quarterly earnings results on Tuesday, November, 2nd. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.12 by $0.05. The business earned $34.79 million during the quarter, compared to analyst estimates of $35.42 million. Zynex had a trailing twelve-month return on equity of 26.05% and a net margin of 12.35%.

Zynex issued an update on its fourth quarter 2022 earnings guidance on Tuesday, January, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $48.00 million-$51.00 million, compared to the consensus revenue estimate of $49.71 million.

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.

Zynex trades on the NASDAQ under the ticker symbol "ZYXI."

Zynex's stock is owned by a number of retail and institutional investors. Top institutional investors include Rice Hall James & Associates LLC (0.49%), Bridge City Capital LLC (0.35%), Janney Montgomery Scott LLC (0.17%), Legato Capital Management LLC (0.12%), Yousif Capital Management LLC (0.06%) and Platte River Wealth Advisors LLC (0.05%). Insiders that own company stock include Anna Lucsok, Daniel J Moorhead and Thomas Sandgaard.
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Shares of ZYXI 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.
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One share of ZYXI stock can currently be purchased for approximately $13.64.

Zynex (NASDAQ:ZYXI) has a market capitalization of $510.82 million and generates $130.30 million in revenue each year. The company earns $17.10 million in net income (profit) each year or $0.47 on an earnings per share basis.

The company employs 774 workers across the globe.

Zynex's mailing address is 9555 MAROON CIRCLE, ENGLEWOOD CO, 80112. The official website for the company is www.zynex.com. The company can be reached via phone at (303) 703-4906 or via email at info@zynex.com.