NASDAQ:STIM

Neuronetics (STIM) Stock Price, News & Analysis

$2.60
-1.15 (-30.67%)
(As of 05/7/2024 ET)
Today's Range
$2.39
$3.59
50-Day Range
$2.60
$4.81
52-Week Range
$1.03
$5.07
Volume
988,460 shs
Average Volume
181,378 shs
Market Capitalization
$77.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Neuronetics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
207.7% Upside
$8.00 Price Target
Short Interest
Healthy
0.19% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.01mentions of Neuronetics in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$451,206 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.92) to ($0.62) 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.

2.40 out of 5 stars

Medical Sector

417th out of 903 stocks

Surgical & Medical Instruments Industry

53rd out of 95 stocks

STIM stock logo

About Neuronetics Stock (NASDAQ:STIM)

Neuronetics, Inc., a commercial stage medical technology company, designs, develops, and markets products for patients with neurohealth disorders in the United States and internationally. The company offers NeuroStar Advanced Therapy System, a non-invasive and non-systemic office-based treatment to treat adult patients with major depressive disorder. Its NeuroStar Advanced Therapy System uses transcranial magnetic stimulation to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The company sells its products through its sales and customer support team to psychiatrists. The company was incorporated in 2001 and is headquartered in Malvern, Pennsylvania.

STIM Stock Price History

STIM Stock News Headlines

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Neuronetics Inc.
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Neuronetics, Inc. (STIM)
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
5/07/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:STIM
Employees
203
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+207.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-30,190,000.00
Pretax Margin
-42.31%

Debt

Sales & Book Value

Annual Sales
$71.35 million
Book Value
$1.18 per share

Miscellaneous

Free Float
27,037,000
Market Cap
$77.95 million
Optionable
Optionable
Beta
2.50
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STIM Stock Analysis - Frequently Asked Questions

Should I buy or sell Neuronetics stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Neuronetics in the last year. 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 "moderate buy" STIM shares.
View STIM analyst ratings
or view top-rated stocks.

What is Neuronetics' stock price target for 2024?

2 analysts have issued 12 month price targets for Neuronetics' shares. Their STIM share price targets range from $8.00 to $8.00. On average, they expect the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 207.7% from the stock's current price.
View analysts price targets for STIM
or view top-rated stocks among Wall Street analysts.

How have STIM shares performed in 2024?

Neuronetics' stock was trading at $2.90 at the beginning of 2024. Since then, STIM stock has decreased by 10.3% and is now trading at $2.60.
View the best growth stocks for 2024 here
.

Are investors shorting Neuronetics?

Neuronetics saw a decrease in short interest during the month of April. As of April 15th, there was short interest totaling 57,700 shares, a decrease of 39.0% from the March 31st total of 94,600 shares. Based on an average daily trading volume, of 170,500 shares, the days-to-cover ratio is currently 0.3 days.
View Neuronetics' Short Interest
.

How were Neuronetics' earnings last quarter?

Neuronetics, Inc. (NASDAQ:STIM) announced its earnings results on Tuesday, March, 5th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.26) by $0.07. The firm had revenue of $20.31 million for the quarter, compared to the consensus estimate of $19.73 million. Neuronetics had a negative net margin of 42.31% and a negative trailing twelve-month return on equity of 72.76%. During the same quarter in the previous year, the business posted ($0.30) earnings per share.

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

Neuronetics issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.0 million-$19.0 million, compared to the consensus revenue estimate of $19.5 million.

What other stocks do shareholders of Neuronetics own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Neuronetics investors own include SCYNEXIS (SCYX), Inovio Pharmaceuticals (INO), Novavax (NVAX), Gilead Sciences (GILD), iBio (IBIO), Onconova Therapeutics (ONTX), Pfizer (PFE), Tonix Pharmaceuticals (TNXP), Vaxart (VXRT) and Acasti Pharma (ACST).

When did Neuronetics IPO?

Neuronetics (STIM) raised $75 million in an initial public offering (IPO) on Thursday, June 28th 2018. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. Piper Jaffray and William Blair served as the underwriters for the IPO and Canaccord Genuity, BTIG and JMP Securities were co-managers.

Who are Neuronetics' major shareholders?

Neuronetics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.28%), David J Yvars Group (0.23%) and SG Americas Securities LLC (0.04%). Insiders that own company stock include Bruce Joseph Shook, Cannell Capital Llc, Keith J Sullivan, Paul Liberman, Robert Cascella, Sheryl L Conley, Stephen Furlong and William Andrew Macan.
View institutional ownership trends
.

How do I buy shares of Neuronetics?

Shares of STIM 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:STIM) was last updated on 5/8/2024 by MarketBeat.com Staff

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