NYSEAMERICAN:TRXCTransEnterix Stock Price, Forecast & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TransEnterix in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for TransEnterix.

TransEnterix is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for TransEnterix.

TransEnterix, Inc. (NYSEAMERICAN:TRXC) posted its quarterly earnings data on Thursday, May, 14th. The medical instruments supplier reported ($0.41) EPS for the quarter, beating the consensus estimate of ($0.53) by $0.12. The medical instruments supplier earned $0.60 million during the quarter, compared to analysts' expectations of $0.54 million. View TransEnterix's earnings history.

1 Wall Street analysts have issued 12 month price objectives for TransEnterix's stock. Their forecasts range from $1.00 to $1.00. On average, they anticipate TransEnterix's share price to reach $1.00 in the next year. This suggests a possible upside of 206.3% from the stock's current price. View analysts' price targets for TransEnterix.

Media coverage about TRXC stock has trended very negative recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TransEnterix earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the medical instruments supplier a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about TransEnterix.

TransEnterix saw a increase in short interest in June. As of June 30th, there was short interest totaling 4,980,000 shares, an increase of 130.6% from the June 15th total of 2,160,000 shares. Based on an average trading volume of 2,410,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 11.4% of the shares of the stock are sold short. View TransEnterix's Current Options Chain.

Some companies that are related to TransEnterix include Omega Diagnostics Group (ODX), Daxor (DXR), Daxor (DXR), IsoRay (ISR), IsoRay (ISR), TSO3 (TOS), Impression Healthcare (IHL), G Medical (GMV), Akers Biosciences (AKR), Relevium Technologies (RLV), Vigil Health Solutions (VGL), Ambu A/S (AMBBY), Ansell (ANSLF), ANSELL LTD/S (ANSLY) and Commerzbank (CZMWY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TransEnterix investors own include Oramed Pharmaceuticals (ORMP), Compugen (CGEN), Editas Medicine (EDIT), Ekso Bionics (EKSO), XOMA (XOMA), Actinium Pharmaceuticals (ATNM), Geron (GERN), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Opko Health (OPK).

TransEnterix trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "TRXC."

Shares of TRXC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of TRXC stock can currently be purchased for approximately $0.33.

TransEnterix has a market capitalization of $16.93 million.

The official website for TransEnterix is www.transenterix.com.

TransEnterix's mailing address is 635 Davis Dr Ste 300, MORRISVILLE, NC 27560-7199, United States. The medical instruments supplier can be reached via phone at +1-919-7658400.