OTCMKTS:ZYXIZynex Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Zynex Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $26.36 +0.32 (+1.23 %) (As of 07/9/2020 04:00 PM ET) Add Compare Share Today's Range$24.75Now: $26.36▼$26.7150-Day Range$18.45MA: $22.09▼$27.2752-Week Range$7.12Now: $26.36▼$28.82Volume818,300 shsAverage Volume695,454 shsMarket Capitalization$874.97 millionP/E Ratio119.82Dividend YieldN/ABeta1.05 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Zynex, Inc., a medical technology company, designs, manufactures, and markets electrotherapy medical devices used for pain management and rehabilitation. Its products include NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation device; NeuroMove, an electromyography triggered electrical stimulation device; and InWave, an electrical stimulation product for the treatment of female urinary incontinence. The company also distributes private labeled products, such as electrodes for the delivery of electrical current to the body; batteries for use in electrotherapy products; Comfortrac for cervical traction; JetStream for hot/cold therapy; and LSO Back Braces for lumbar support. In addition, it develops non-invasive blood volume monitors for use in hospitals and surgery centers. The company offers its products for pain management and control; and stroke and spinal cord injury rehabilitation. It sells its products through direct and independent sales representatives primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingZynex has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.17, Zynex has a potential downside of 15.9% from its current price of $26.36.Amount of Analyst CoverageZynex has only been the subject of 3 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesZynex has received 183 “outperform” votes. (Add your “outperform” vote.)Underperform VotesZynex has received 145 “underperform” votes. (Add your “underperform” vote.)Community SentimentZynex has received 55.79% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Zynex and other stocks. Vote “Outperform” if you believe ZYXI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ZYXI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldZynex does not currently pay a dividend.Dividend GrowthZynex does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Zynex insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 0.05% of the stock of Zynex is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Zynex are expected to grow by 17.86% in the coming year, from $0.28 to $0.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Zynex is 119.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Zynex is 119.82, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 29.35.Price to Book Value per Share RatioZynex has a P/B Ratio of 175.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.92 out of 5 stars Industry, Sector and Symbol Stock Exchange OTCMKTS Industry Electromedical equipment Sub-IndustryN/A SectorMedical Current SymbolOTCMKTS:ZYXI Previous Symbol CUSIPN/A CIK846475 Webwww.zynexmed.com Phone303-703-4906Debt Debt-to-Equity RatioN/A Current Ratio3.45 Quick Ratio3.23Price-To-Earnings Trailing P/E Ratio119.82 Forward P/E Ratio94.14 P/E GrowthN/A Sales & Book Value Annual Sales$23.43 million Price / Sales37.34 Cash Flow$1.47 per share Price / Cash Flow17.91 Book Value$0.15 per share Price / Book175.73Profitability EPS (Most Recent Fiscal Year)$0.22 Net Income$7.36 million Net Margins33.33% Return on Equity152.81% Return on Assets95.46%Miscellaneous EmployeesN/A Outstanding Shares33,193,000Market Cap$874.97 million Next Earnings DateN/A OptionableNot Optionable OTC:ZYXI Rates by TradingView Receive ZYXI News and Ratings via Email Sign-up to receive the latest news and ratings for ZYXI and its competitors with MarketBeat's FREE daily newsletter. Zynex (OTCMKTS:ZYXI) Frequently Asked Questions How has Zynex's stock been impacted by COVID-19 (Coronavirus)? Zynex's stock was trading at $11.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ZYXI shares have increased by 137.7% and is now trading at $26.36. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Zynex? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zynex in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Zynex. How were Zynex's earnings last quarter? Zynex Inc. (OTCMKTS:ZYXI) posted its earnings results on Tuesday, April, 28th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The company had revenue of $15.23 million for the quarter, compared to analysts' expectations of $15.07 million. Zynex had a net margin of 33.33% and a return on equity of 152.81%. View Zynex's earnings history. What guidance has Zynex issued on next quarter's earnings? Zynex updated its second quarter 2020 Pre-Market earnings guidance on Thursday, July, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $18.9-19.4 million, compared to the consensus revenue estimate of $17.56 million. What price target have analysts set for ZYXI? 3 analysts have issued 1 year target prices for Zynex's stock. Their forecasts range from $20.00 to $25.50. On average, they expect Zynex's stock price to reach $22.17 in the next year. This suggests that the stock has a possible downside of 15.9%. View analysts' price targets for Zynex. Has Zynex been receiving favorable news coverage? Press coverage about ZYXI stock has trended somewhat negative this week, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Zynex earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news about Zynex. Who are some of Zynex's key competitors? Some companies that are related to Zynex include LivaNova (LIVN), CONMED (CNMD), InMode (INMD), Natus Medical (NTUS), BioLife Solutions (BLFS), AxoGen (AXGN), TransMedics Group (TMDX), Viewray (VRAY), Semler Scientific (SMLR), Stereotaxis (STXS), Cutera (CUTR), BioSig Technologies (BSGM), Fonar (FONR), Soleno Therapeutics (SLNO) and Edap Tms (EDAP). View all competitors. What other stocks do shareholders of Zynex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Zynex investors own include Aurora Cannabis (ACB), FuelCell Energy (FCEL), Pfizer (PFE), AT&T (T), Exxon Mobil (XOM), Aytu Bioscience (AYTU), BioDelivery Sciences International (BDSI), Canopy Growth (CGC), IBM (IBM) and Melinta Therapeutics (MLNT). Who are Zynex's key executives? Zynex's management team includes the following people: Mr. Thomas Sandgaard, Founder, Pres, CEO & Chairman (Age 60)Mr. Daniel J. Moorhead, Chief Financial Officer (Age 47)Mr. David B. Mogill, VP of OperationsMr. Robert Bird, VP of MarketingMr. Steve Siefring, Director of Bus. Devel. What is Zynex's stock symbol? Zynex trades on the OTCMKTS under the ticker symbol "ZYXI." Who are Zynex's major shareholders? Zynex's stock is owned by a variety of retail and institutional investors. Top institutional investors include Envestnet Asset Management Inc. (0.03%). Company insiders that own Zynex stock include Daniel J Moorhead and Thomas Sandgaard. View institutional ownership trends for Zynex. Which institutional investors are buying Zynex stock? ZYXI stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity for Zynex. How do I buy shares of Zynex? Shares of ZYXI 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. What is Zynex's stock price today? One share of ZYXI stock can currently be purchased for approximately $26.36. How big of a company is Zynex? Zynex has a market capitalization of $874.97 million and generates $23.43 million in revenue each year. The company earns $7.36 million in net income (profit) each year or $0.22 on an earnings per share basis. What is Zynex's official website? The official website for Zynex is www.zynexmed.com. How can I contact Zynex? Zynex's mailing address is 9555 MAROON CIRCLE, ENGLEWOOD CO, 80112. The company can be reached via phone at 303-703-4906 or via email at [email protected] This page was last updated on 7/9/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
