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NASDAQ:KRMD

KORU Medical Systems (KRMD) Stock Price, News & Analysis

$2.14
-0.13 (-5.73%)
(As of 06/14/2024 ET)
Today's Range
$2.10
$2.26
50-Day Range
$2.06
$2.47
52-Week Range
$1.98
$4.22
Volume
160,320 shs
Average Volume
177,692 shs
Market Capitalization
$97.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50

KORU Medical Systems MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
63.6% Upside
$3.50 Price Target
Short Interest
Healthy
2.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.43mentions of KORU Medical Systems in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.16) to ($0.07) 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.

2.81 out of 5 stars

Medical Sector

386th out of 915 stocks

Surgical & Medical Instruments Industry

51st out of 98 stocks

KRMD stock logo

About KORU Medical Systems Stock (NASDAQ:KRMD)

KORU Medical Systems, Inc. develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria. Its products include the FREEDOM60 syringe infusion system, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing products. The company was incorporated in 1980 and is based in Mahwah, New Jersey.

KRMD Stock Price History

KRMD Stock News Headlines

Earnings Outlook For KORU Medical Systems
Craig-Hallum Keeps Their Buy Rating on REPRO-MED Systems (KRMD)
KORU Medical Systems Inc KRMD
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
6/15/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:KRMD
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.50
High Stock Price Target
$4.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+63.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-13,740,000.00
Pretax Margin
-29.75%

Debt

Sales & Book Value

Annual Sales
$28.52 million
Book Value
$0.45 per share

Miscellaneous

Free Float
34,048,000
Market Cap
$97.93 million
Optionable
Optionable
Beta
0.58
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Key Executives

  • Ms. Linda M. Tharby (Age 56)
    President, CEO & Director
    Comp: $713.37k
  • Mr. Thomas Adams (Age 51)
    CFO, Secretary & Treasurer
    Comp: $380.47k
  • Mr. Brian Case (Age 51)
    Chief Technology Officer
    Comp: $371.16k
  • Mr. Kenneth Miller (Age 55)
    Chief Commercial Officer
    Comp: $126.54k
  • Mr. Christopher Pazdan
    Senior Vice President of Operations
  • Mr. Rob Cannon
    Vice President of Sales

KRMD Stock Analysis - Frequently Asked Questions

Should I buy or sell KORU Medical Systems stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for KORU Medical Systems in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KRMD shares.
View KRMD analyst ratings
or view top-rated stocks.

What is KORU Medical Systems' stock price target for 2024?

4 brokerages have issued 1 year price objectives for KORU Medical Systems' stock. Their KRMD share price targets range from $3.00 to $4.00. On average, they predict the company's share price to reach $3.50 in the next year. This suggests a possible upside of 63.6% from the stock's current price.
View analysts price targets for KRMD
or view top-rated stocks among Wall Street analysts.

How have KRMD shares performed in 2024?

KORU Medical Systems' stock was trading at $2.46 at the start of the year. Since then, KRMD stock has decreased by 13.0% and is now trading at $2.14.
View the best growth stocks for 2024 here
.

Are investors shorting KORU Medical Systems?

KORU Medical Systems saw a decrease in short interest in May. As of May 31st, there was short interest totaling 1,280,000 shares, a decrease of 5.2% from the May 15th total of 1,350,000 shares. Based on an average daily volume of 152,200 shares, the days-to-cover ratio is presently 8.4 days. Currently, 3.0% of the shares of the stock are sold short.
View KORU Medical Systems' Short Interest
.

When is KORU Medical Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our KRMD earnings forecast
.

How were KORU Medical Systems' earnings last quarter?

KORU Medical Systems, Inc. (NASDAQ:KRMD) issued its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.02. The business earned $8.20 million during the quarter, compared to the consensus estimate of $7.49 million. KORU Medical Systems had a negative trailing twelve-month return on equity of 25.10% and a negative net margin of 45.24%. During the same quarter in the prior year, the company posted ($0.05) EPS.

What guidance has KORU Medical Systems issued on next quarter's earnings?

KORU Medical Systems updated its FY 2024 earnings guidance on Thursday, May, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $31.2 million-$32.2 million, compared to the consensus revenue estimate of $31.7 million.

What other stocks do shareholders of KORU Medical Systems own?
Who are KORU Medical Systems' major shareholders?

KORU Medical Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include First Light Asset Management LLC (11.41%), Archon Capital Management LLC (8.64%), Vanguard Group Inc. (4.29%), Albion Financial Group UT (1.62%), Virtu Financial LLC (0.06%) and Advisor Resource Council (0.06%). Insiders that own company stock include Joseph M Jr Manko, Linda M Tharby and Robert Cascella.
View institutional ownership trends
.

How do I buy shares of KORU Medical Systems?

Shares of KRMD 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:KRMD) was last updated on 6/15/2024 by MarketBeat.com Staff

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