In the latest trading session, 0.44 million Transmedics Group Inc (NASDAQ:TMDX) shares changed hands as the company’s beta touched 1.99. With the company’s most recent per share price at $154.66 changed hands at -$4.48 or -2.82% at last look, the market valuation stands at $5.16B. TMDX’s current price is a discount, trading about -14.68% off its 52-week high of $177.37. The share price had its 52-week low at $36.42, which suggests the last value was 76.45% up since then. When we look at Transmedics Group Inc’s average trading volume, we note the 10-day average is 1.11 million shares, with the 3-month average coming to 850.13K.

Analysts gave the Transmedics Group Inc (TMDX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.40. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended TMDX as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Transmedics Group Inc’s EPS for the current quarter is expected to be 0.29.

Transmedics Group Inc (NASDAQ:TMDX) trade information

Instantly TMDX was in red as seen in intraday trades today. With action -3.03%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 95.95%, with the 5-day performance at -3.03% in the red. However, in the 30-day time frame, Transmedics Group Inc (NASDAQ:TMDX) is -7.19% down. Looking at the short shares, we see there were 5.5 million shares sold at short interest cover period of 6.88 days.

The consensus price target for the stock as assigned by Wall Street analysts is 174.5, meaning bulls need an upside of 11.37% from its recent market value. According to analyst projections, TMDX’s forecast low is 45 with 208 as the target high. To hit the forecast high, the stock’s price needs a -34.49% plunge from its current level, while the stock would need to tank 70.9% for it to hit the projected low.

Transmedics Group Inc (TMDX) estimates and forecasts

Data shows that the Transmedics Group Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 110.62% over the past 6 months, a 259.74% in annual growth rate that is considerably higher than the industry average of 13.40%. Year-over-year growth is forecast to reach 83.90% up from the last financial year.

Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 115M. 9 analysts are of the opinion that Transmedics Group Inc’s revenue for the current quarter will be 119.37M. The company’s revenue for the corresponding quarters a year ago was 66.43M and 81.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 73.10%. The estimates for the next quarter sales put growth at 47.10%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 8.36%. The 2024 estimates are for Transmedics Group Inc earnings to increase by 263.44%.

TMDX Dividends

Transmedics Group Inc is expected to release its next quarterly earnings report on 2024-Nov-04.

Transmedics Group Inc (NASDAQ:TMDX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 3.20% of Transmedics Group Inc shares while 104.91% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 108.37%. There are 104.91% institutions holding the Transmedics Group Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 13.7063% of the shares, roughly 4.49 million TMDX shares worth $676.31 million.

BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.0755% or 2.65 million shares worth $398.47 million as of 2024-06-30.