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NYSE:SONX

Sonendo (SONX) Stock Forecast, Price & News

$1.22
-0.05 (-3.94%)
(As of 06/1/2023 ET)
Compare
Today's Range
$1.21
▼
$1.26
50-Day Range
$1.06
▼
$2.01
52-Week Range
$0.86
▼
$2.95
Volume
9,802 shs
Average Volume
92,130 shs
Market Capitalization
$62.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.31
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Sonendo MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
171.5% Upside
$3.31 Price Target
Short Interest
Bearish
1.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$80,000 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.60) to ($0.47) Per Share

Overall MarketRank™

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

2.00 out of 5 stars

Medical Sector

1225th out of 1,980 stocks

Dental Equipment & Supplies Industry

7th out of 10 stocks

See Top Rated MarketRank™ Stocks Here

SONX stock logo

About Sonendo (NYSE:SONX) Stock

Sonendo, Inc., a commercial-stage medical technology company, develops, manufactures, and commercializes devices for root canal therapy in the United States and Canada. It provides GentleWave, a tooth decay treatment device for cleaning and disinfecting the microscopic spaces within teeth without the need to remove tooth structure. The company also offers SoundSeal, a material used to build and create a sealing platform on the top of the crown; and Sonendo-branded liquid solution of EDTA that is used to help debride and disinfect the root canal system. In addition, it provides The Digital Office, a practice management software to enable an integrated digital office for dental practitioners. The company was formerly known as Dentatek Corporation and changed its name to Sonendo, Inc. in March 2011. Sonendo, Inc. was incorporated in 2006 and is headquartered in Laguna Hills, California.

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SONX Stock News Headlines

May 31, 2023 | finance.yahoo.com
Sonendo to Participate at the Goldman Sachs 44th Annual Global Healthcare Conference
May 23, 2023 | finance.yahoo.com
Sonendo, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08
June 2, 2023 | Edge On The Street (Ad)
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
May 18, 2023 | finance.yahoo.com
Sonendo to Participate at the Stifel 2023 Jaws & Paws Conference
May 11, 2023 | msn.com
Morgan Stanley Maintains Sonendo (SONX) Equal-Weight Recommendation
May 11, 2023 | msn.com
Goldman Sachs Maintains Sonendo (SONX) Buy Recommendation
May 11, 2023 | markets.businessinsider.com
Analyst Ratings for Sonendo
May 10, 2023 | finance.yahoo.com
Sonendo Surpasses 1,000 GentleWave® Systems in the Market
June 2, 2023 | Edge On The Street (Ad)
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
May 9, 2023 | seekingalpha.com
Sonendo GAAP EPS of -$0.16 misses by $0.01, revenue of $10.7M beats by $0.2M
May 9, 2023 | finance.yahoo.com
Sonendo, Inc. (SONX) Reports Q1 Loss, Tops Revenue Estimates
May 2, 2023 | americanbankingnews.com
Sonendo (SONX) to Release Earnings on Tuesday
April 29, 2023 | americanbankingnews.com
Short Interest in Sonendo, Inc. (NYSE:SONX) Decreases By 13.8%
April 26, 2023 | finance.yahoo.com
Sonendo Sponsors Save Your Tooth Month 2023 in Partnership with the American Association of Endodontists (AAE); Will Also Participate in the 2023 AAE Annual Meeting
April 18, 2023 | finance.yahoo.com
A Piece Of The Puzzle Missing From Sonendo, Inc.'s (NYSE:SONX) Share Price
April 18, 2023 | finance.yahoo.com
Sonendo, Inc. to Report First Quarter 2023 Financial Results on May 9, 2023
April 6, 2023 | seekingalpha.com
Sonendo COO Andrew Kirkpatrick steps down to pursue new opportunities
April 5, 2023 | markets.businessinsider.com
Piper Sandler Keeps Their Buy Rating on Sonendo (SONX)
March 22, 2023 | finance.yahoo.com
Vamsi Pudipeddi of Sonendo, Inc. (NYSE:SONX) Just Spent US$80k On Shares
March 13, 2023 | msn.com
Looking Into Sonendo's Return On Capital Employed
March 10, 2023 | finance.yahoo.com
Sonendo Full Year 2022 Earnings: Beats Expectations
March 10, 2023 | finance.yahoo.com
Sonendo, Inc. (NYSE:SONX) Q4 2022 Earnings Call Transcript
March 8, 2023 | finance.yahoo.com
Sonendo, Inc. (SONX) Reports Q4 Loss, Tops Revenue Estimates
March 7, 2023 | msn.com
Earnings Preview For Sonendo
March 7, 2023 | finance.yahoo.com
After Plunging -15.02% in 4 Weeks, Here's Why the Trend Might Reverse for Sonendo, Inc. (SONX)
February 28, 2023 | finance.yahoo.com
Sonendo Continues to Invest in University Endodontic Programs, Research and Development Initiatives and Professional Education
February 20, 2023 | finance.yahoo.com
With 36% ownership, Sonendo, Inc. (NYSE:SONX) has piqued the interest of institutional investors
See More Headlines

SONX Price History

SONX Company Calendar

Last Earnings
3/08/2023
Today
6/02/2023
Next Earnings (Estimated)
8/09/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Dental equipment & supplies
Sub-Industry
N/A
Sector
Medical
Current Symbol
NYSE:SONX
CUSIP
N/A
CIK
1407973
Web
www.sonendo.com
Phone
949-766-3636
Fax
N/A
Employees
219
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.31
High Stock Price Forecast
$5.50
Low Stock Price Forecast
$2.25
Forecasted Upside/Downside
+171.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($1.32)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-57,050,000.00
Net Margins
-131.26%
Pretax Margin
-131.26%
Return on Equity
-79.60%
Return on Assets
-46.26%

Debt

Debt-to-Equity Ratio
0.54
Current Ratio
6.99
Quick Ratio
5.94

Sales & Book Value

Annual Sales
$41.66 million
Price / Sales
1.50
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$1.34 per share
Price / Book
0.91

Miscellaneous

Outstanding Shares
51,290,000
Free Float
45,339,000
Market Cap
$62.57 million
Optionable
Not Optionable
Beta
1.79

Key Executives

  • Mr. Bjarne Bergheim (Age 48)
    Pres, CEO & Director
    Comp: $619.04k
  • Mr. Olav B. Bergheim (Age 73)
    Exec. Director
    Comp: $10k
  • Mr. Michael J. Smith (Age 42)
    Chief Commercial Officer
    Comp: $397.01k
  • Mr. Michael P. Watts (Age 54)
    Chief Financial Officer
  • Mr. Andrew Kirkpatrick (Age 60)
    Chief Operating Officer
  • Bob Guyatt
    VP of Marketing
  • Mr. Roy T. Chen (Age 57)
    Chief Talent Officer
  • Mr. Chris Guo
    VP of Fin. & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













SONX Stock - Frequently Asked Questions

Should I buy or sell Sonendo stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sonendo in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SONX shares.
View SONX analyst ratings or view top-rated stocks.

What is Sonendo's stock price forecast for 2023?

4 equities research analysts have issued 1 year price objectives for Sonendo's shares. Their SONX share price forecasts range from $2.25 to $5.50. On average, they expect the company's share price to reach $3.31 in the next year. This suggests a possible upside of 171.5% from the stock's current price.
View analysts price targets for SONX or view top-rated stocks among Wall Street analysts.

How have SONX shares performed in 2023?

Sonendo's stock was trading at $2.83 at the start of the year. Since then, SONX shares have decreased by 56.9% and is now trading at $1.22.
View the best growth stocks for 2023 here.

When is Sonendo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our SONX earnings forecast.

How were Sonendo's earnings last quarter?

Sonendo, Inc. (NYSE:SONX) posted its earnings results on Wednesday, March, 8th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.22) by $0.10. The business had revenue of $12.23 million for the quarter, compared to analysts' expectations of $11.63 million. Sonendo had a negative trailing twelve-month return on equity of 79.60% and a negative net margin of 131.26%.

What guidance has Sonendo issued on next quarter's earnings?

Sonendo issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided 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 $49.94 million.

When did Sonendo IPO?

(SONX) raised $125 million in an IPO on Friday, October 29th 2021. The company issued 7,800,000 shares at $15.00-$17.00 per share.

What is Sonendo's stock symbol?

Sonendo trades on the New York Stock Exchange (NYSE) under the ticker symbol "SONX."

Who are Sonendo's major shareholders?

Sonendo's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Masters Capital Management LLC (3.41%), HighMark Wealth Management LLC (1.30%), JPMorgan Chase & Co. (1.22%), Wedbush Securities Inc. (0.71%), Geode Capital Management LLC (0.64%) and Boothbay Fund Management LLC (0.42%). Insiders that own company stock include Andrew J Kirkpatrick, Anthony P Bihl III, Atlantic LP General, Bjarne Bergheim, Jacqueline Arnold Collins, Mehrezad Khakpour, Michael John Smith, Michael Patrick Watts, Roy T Chen and Vamsi Mohan Raj Pudipeddi.
View institutional ownership trends.

How do I buy shares of Sonendo?

Shares of SONX 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 Sonendo's stock price today?

One share of SONX stock can currently be purchased for approximately $1.22.

How much money does Sonendo make?

Sonendo (NYSE:SONX) has a market capitalization of $62.57 million and generates $41.66 million in revenue each year. The company earns $-57,050,000.00 in net income (profit) each year or ($1.32) on an earnings per share basis.

How many employees does Sonendo have?

The company employs 219 workers across the globe.

How can I contact Sonendo?

The official website for the company is www.sonendo.com. The company can be reached via phone at 949-766-3636 or via email at ir@sonendo.com.

This page (NYSE:SONX) was last updated on 6/2/2023 by MarketBeat.com Staff

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