In last trading session, Zynex Inc (NASDAQ:ZYXI) saw 0.33 million shares changing hands with its beta currently measuring 0.64. Company’s recent per share price level of $2.16 trading at -$0.09 or -4.00% at ring of the bell on the day assigns it a market valuation of $65.29M. That closing price of ZYXI’s stock is at a discount of -494.44% from its 52-week high price of $12.84 and is indicating a premium of 0.93% from its 52-week low price of $2.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.33 million shares which gives us an average trading volume of 233.07K if we extend that period to 3-months.
For Zynex Inc (ZYXI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.24 in the current quarter.
Zynex Inc (NASDAQ:ZYXI) trade information
Upright in the red during last session for losing -4.00%, in the last five days ZYXI remained trading in the red while hitting it’s week-highest on Tuesday, 04/01/25 when the stock touched $2.16 price level, adding 16.28% to its value on the day. Zynex Inc’s shares saw a change of -73.03% in year-to-date performance and have moved -4.00% in past 5-day. Zynex Inc (NASDAQ:ZYXI) showed a performance of -70.29% in past 30-days. Number of shares sold short was 3.83 million shares which calculate 10.34 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11 to the stock, which implies a rise of 80.36% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -409.26% in reaching the projected high whereas dropping to the targeted low would mean a loss of -409.26% for stock’s current value.
Zynex Inc (ZYXI) estimates and forecasts
This year revenue growth is estimated to fall -28.24% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 30.75M for the same. And 2 analysts are in estimates of company making revenue of 33M in the next quarter. Company posted 46.53M and 49.88M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -18.26% during past 5 years.
Zynex Inc (NASDAQ:ZYXI)’s Major holders
Insiders are in possession of 48.18% of company’s total shares while institution are holding 28.12 percent of that, with stock having share float percentage of 54.26%. Investors also watch the number of corporate investors in a company very closely, which is 28.12% institutions for Zynex Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at ZYXI for having 1.24 million shares of worth $11.59 million. And as of 2024-06-30, it was holding 3.8434 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.17 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.6127 of outstanding shares, having a total worth of $10.89 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 711.99 shares of worth $1.54 million or 2.21% of the total outstanding shares. The later fund manager was in possession of 371.38 shares on Feb 28, 2025 , making its stake of worth around $0.8 million in the company or a holder of 1.15% of company’s stock.
