NASDAQ:ZYXI

Zynex (ZYXI) Stock Price, News & Analysis

$11.46
-0.08 (-0.69%)
(As of 10:55 AM ET)
Today's Range
$11.39
$11.81
50-Day Range
$10.94
$13.74
52-Week Range
$6.88
$13.77
Volume
29,783 shs
Average Volume
230,052 shs
Market Capitalization
$364.08 million
P/E Ratio
49.83
Dividend Yield
N/A
Price Target
$18.00

Zynex MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
56.0% Upside
$18.00 Price Target
Short Interest
Bearish
33.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.19mentions of Zynex in the last 14 days
Based on 21 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
88.00%
From $0.50 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.

3.28 out of 5 stars

Medical Sector

311th out of 909 stocks

Electromedical Equipment Industry

6th out of 21 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 (NASDAQ:ZYXI) Rating Reiterated by HC Wainwright
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Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
What Wall Street expects from Zynex's earnings
Zynex, Inc. (ZYXI)
Zynex Sets First Quarter 2024 Earnings Call
ZYXI Aug 2024 20.000 call
Zynex Inc.
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
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
5/03/2024
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
+56.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$9.73 million
Pretax Margin
5.82%

Debt

Sales & Book Value

Annual Sales
$184.32 million
Cash Flow
$0.40 per share
Book Value
$1.04 per share

Miscellaneous

Free Float
15,400,000
Market Cap
$366.63 million
Optionable
Optionable
Beta
0.49
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ZYXI Stock Analysis - Frequently Asked Questions

Should I buy or sell Zynex stock right now?

2 Wall Street equities research 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 equities research 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 brokerages have issued 12-month price targets for Zynex's stock. Their ZYXI share price targets range from $15.00 to $21.00. On average, they predict the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 56.0% 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 6.0% and is now trading at $11.54.
View the best growth stocks for 2024 here
.

How were Zynex's earnings last quarter?

Zynex, Inc. (NASDAQ:ZYXI) posted its quarterly 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 company had revenue of $47.28 million for the quarter, compared to analyst estimates of $54.53 million. Zynex had a net margin of 4.33% and a trailing twelve-month return on equity of 16.34%. The business's revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 earnings per share.

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

Zynex issued an update on its second quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of 0.080- for the period, compared to the consensus estimate of 0.070. The company issued revenue guidance of $52.0 million-, compared to the consensus revenue estimate of $53.1 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 a variety of 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%), Janney Montgomery Scott LLC (0.28%), Hussman Strategic Advisors Inc. (0.16%) and BNP Paribas Financial Markets (0.09%). 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 5/3/2024 by MarketBeat.com Staff

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