In the last trading session, 1.11 million shares of the Transmedics Group Inc (NASDAQ:TMDX) were traded, and its beta was 2.03. Most recently the company’s share price was $138.12, and it changed around $4.01 or 2.99% from the last close, which brings the market valuation of the company to $4.61B. TMDX currently trades at a discount to its 52-week high of $177.37, offering almost -28.42% off that amount. The share price’s 52-week low was $36.42, which indicates that the current value has risen by an impressive 73.63% since then. We note from Transmedics Group Inc’s average daily trading volume that its 10-day average is 1.88 million shares, with the 3-month average coming to 985.96K.
Transmedics Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.40. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 1 recommended TMDX as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
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Transmedics Group Inc (NASDAQ:TMDX) trade information
Instantly TMDX has showed a green trend with a performance of 2.99% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 147.67 on recent trading dayincreased the stock’s daily price by 6.47%. The company’s shares are currently up 74.99% year-to-date, but still down -4.63% over the last five days. On the other hand, Transmedics Group Inc (NASDAQ:TMDX) is -0.85% down in the 30-day period. We can see from the shorts that 5.5 million shares have been sold at a short interest cover period of 6.88 day(s).
The consensus price target as assigned by Wall Street analysts is $174.5, which translates to bulls needing to increase their stock price by 20.85% from its current value. Analyst projections state that TMDX is forecast to be at a low of $45 and a high of $208.
Transmedics Group Inc (TMDX) estimates and forecasts
Transmedics Group Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 48.14 percent over the past six months and at a 258.44% annual growth rate that is well above the industry average of 13.70%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.36%.
TMDX Dividends
Transmedics Group Inc’s next quarterly earnings report is expected to be released in November.
Transmedics Group Inc (NASDAQ:TMDX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.20% of Transmedics Group Inc shares, and 107.75% of them are in the hands of institutional investors. The stock currently has a share float of 111.31%. Transmedics Group Inc stock is held by 450.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 13.7063% of the shares, which is about 4.49 million shares worth $676.31 million.
BLACKROCK INC., with 8.0755% or 2.65 million shares worth $398.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
