After A 46.64% Jump In The Last Week, Does Semler Scientific Inc (NASDAQ: SMLR) Still Make Sense To Buy?

During the last session, Semler Scientific Inc (NASDAQ:SMLR)’s traded shares were 3.28 million, with the beta value of the company hitting 1.09. At the end of the trading day, the stock’s price was $66.43, reflecting an intraday gain of 12.08% or $7.16. The 52-week high for the SMLR share is $61.61, that puts it up 7.26 from that peak though still a striking 68.57% gain since the share price plummeted to a 52-week low of $20.88. The company’s market capitalization is $482.70M, and the average intraday trading volume over the past 10 days was 0.9 million shares, and the average trade volume was 279.95K shares over the past three months.

Semler Scientific Inc (SMLR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. SMLR has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.2.

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Semler Scientific Inc (NASDAQ:SMLR) trade information

Semler Scientific Inc (SMLR) registered a 12.08% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 12.08% in intraday trading to $66.43, hitting a weekly high. The stock’s 5-day price performance is 46.64%, and it has moved by 150.96% in 30 days. Based on these gigs, the overall price performance for the year is 79.88%. The short interest in Semler Scientific Inc (NASDAQ:SMLR) is 0.87 million shares and it means that shorts have 5.22 day(s) to cover.

The consensus price target of analysts on Wall Street is $40, which implies a decrease of -66.08% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $40 and $40 respectively. As a result, SMLR is trading at a premium of 39.79% off the target high and 39.79% off the low.

Semler Scientific Inc (SMLR) estimates and forecasts

In the rating firms’ projections, revenue will decrease -18.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 12M as predicted by 1 analyst(s).

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 31.99%.

SMLR Dividends

Semler Scientific Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Semler Scientific Inc (NASDAQ:SMLR)’s Major holders

Semler Scientific Inc insiders own 23.41% of total outstanding shares while institutional holders control 53.36%, with the float percentage being 69.67%. CERITY PARTNERS LLC is the largest shareholder of the company, while 123.0 institutions own stock in it. As of 2024-06-30, the company held over 0.7 million shares (or 10.1934% of all shares), a total value of $24.17 million in shares.

The next largest institutional holding, with 0.35 million shares, is of BLACKROCK INC.’s that is approximately 5.058% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $11.99 million.