NASDAQ:ZYXI

Zynex (ZYXI) Stock Price, News & Analysis

$11.35
+0.09 (+0.80%)
(As of 11:29 AM ET)
Today's Range
$11.33
$11.53
50-Day Range
$11.14
$13.74
52-Week Range
$6.88
$14.75
Volume
41,012 shs
Average Volume
237,059 shs
Market Capitalization
$365.13 million
P/E Ratio
42.04
Dividend Yield
N/A
Price Target
$18.00

Zynex MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
59.9% Upside
$18.00 Price Target
Short Interest
Bearish
31.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Zynex in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
91.84%
From $0.49 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.

2.74 out of 5 stars

Medical Sector

414th out of 909 stocks

Electromedical Equipment Industry

7th out of 18 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

Zynex Sets First Quarter 2024 Earnings Call
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
ZYXI Aug 2024 20.000 call
Zynex Inc.
The Hard Truth About Investing For Retirement
Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.
Zynex Full Year 2023 Earnings: Misses Expectations
Zynex, Inc. (ZYXI) Q4 2023 Earnings Call Transcript
Here's what to expect from Zynex's earnings
Zynex: Q4 Earnings Insights
Earnings Preview: Zynex
Zynex Sets Fourth Quarter and Full Year 2023 Earnings Call
Zynex Introduces New Products
Zynex Introduces New Products
Zynex Says FDA Clears M-Wave Neuromuscular Electrical Stimulation Device
See More Headlines
Receive ZYXI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Zynex and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/29/2024
Today
4/24/2024
Next Earnings (Estimated)
4/25/2024
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
$18.00
High Stock Price Target
$21.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+58.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$9.73 million
Pretax Margin
6.82%

Debt

Sales & Book Value

Annual Sales
$184.32 million
Cash Flow
$0.42 per share
Book Value
$1.36 per share

Miscellaneous

Free Float
15,400,000
Market Cap
$365.13 million
Optionable
Optionable
Beta
0.48
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

ZYXI Stock Analysis - Frequently Asked Questions

Should I buy or sell Zynex stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynex in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ZYXI shares.
View ZYXI analyst ratings
or view top-rated stocks.

What is Zynex's stock price target for 2024?

2 Wall Street research analysts have issued 1 year target prices for Zynex's stock. Their ZYXI share price targets range from $15.00 to $21.00. On average, they anticipate the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 59.9% from the stock's current price.
View analysts price targets for ZYXI
or view top-rated stocks among Wall Street analysts.

How have ZYXI shares performed in 2024?

Zynex's stock was trading at $10.89 at the beginning of 2024. Since then, ZYXI stock has increased by 3.4% and is now trading at $11.26.
View the best growth stocks for 2024 here
.

When is Zynex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our ZYXI earnings forecast
.

How were Zynex's earnings last quarter?

Zynex, Inc. (NASDAQ:ZYXI) issued its earnings results on Thursday, February, 29th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.13. The firm had revenue of $47.28 million for the quarter, compared to the consensus estimate of $54.53 million. Zynex had a net margin of 5.28% and a trailing twelve-month return on equity of 16.82%. The business's revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share.

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

Zynex updated its first quarter 2024 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of 0.030- for the period, compared to the consensus EPS estimate of 0.040. The company issued revenue guidance of $47.5 million-, compared to the consensus revenue estimate of $47.7 million.

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?

Zynex's stock is owned by many different institutional and retail investors. Top institutional investors include Rice Hall James & Associates LLC (0.75%), Bridge City Capital LLC (0.58%), Congress Asset Management Co. MA (0.37%), Platte River Wealth Advisors LLC (0.03%) and Allspring Global Investments Holdings LLC (0.03%). Insiders that own company stock include Anna Lucsok, Daniel J Moorhead 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 4/24/2024 by MarketBeat.com Staff

From Our Partners