MiMedx Group Inc. [NASDAQ: MDXG] loss -9.73% on the last trading session, reaching $8.95 price per share at the time. The company report on March 9, 2021 that MiMedx Group, Inc. to Host Earnings Call.
MiMedx Group, Inc. (NASDAQ:MDXG) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 9, 2021 at 9:30 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/75301.
MiMedx Group Inc. represents 108.49 million in outstanding shares, while the company has a total market value of $946.45 million with the latest information. MDXG stock price has been found in the range of $8.76 to $10.37.
If compared to the average trading volume of 1.02M shares, MDXG reached a trading volume of 1069547 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about MiMedx Group Inc. [MDXG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MDXG shares is $16.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MDXG stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for MiMedx Group Inc. is set at 0.84, with the Price to Sales ratio for MDXG stock in the period of the last 12 months amounting to 3.70. The Price to Book ratio for the last quarter was 74.62, with the Price to Cash per share for the same quarter was set at 1.04.
Trading performance analysis for MDXG stock
MiMedx Group Inc. [MDXG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.76. With this latest performance, MDXG shares dropped by -11.51% in over the last four-week period, additionally plugging by 37.77% over the last 6 months – not to mention a rise of 48.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MDXG stock in for the last two-week period is set at 41.37, with the RSI for the last a single of trading hit 36.39, and the three-weeks RSI is set at 44.96 for MiMedx Group Inc. [MDXG]. The present Moving Average for the last 50 days of trading for this stock 9.63, while it was recorded at 10.16 for the last single week of trading, and 6.88 for the last 200 days.
MiMedx Group Inc. [MDXG]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and MiMedx Group Inc. [MDXG] shares currently have an operating margin of -6.92 and a Gross Margin at +82.75. MiMedx Group Inc.’s Net Margin is presently recorded at -8.55.
Return on Total Capital for MDXG is now -26.90, given the latest momentum, and Return on Invested Capital for the company is -34.31. Return on Equity for this stock declined to -60.87, with Return on Assets sitting at -17.64. When it comes to the capital structure of this company, MiMedx Group Inc. [MDXG] has a Total Debt to Total Equity ratio set at 202.75. Additionally, MDXG Total Debt to Total Capital is recorded at 66.97, with Total Debt to Total Assets ending up at 41.72. Long-Term Debt to Equity for the company is recorded at 188.46, with the Long-Term Debt to Total Capital now at 62.25.
Reflecting on the efficiency of the workforce at the company, MiMedx Group Inc. [MDXG] managed to generate an average of -$36,753 per employee. Receivables Turnover for the company is 18.25 with a Total Asset Turnover recorded at a value of 2.06.MiMedx Group Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.80 and a Current Ratio set at 3.00.
MiMedx Group Inc. [MDXG]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MDXG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MiMedx Group Inc. go to 15.00%.
An analysis of insider ownership at MiMedx Group Inc. [MDXG]
There are presently around $362 million, or 44.40% of MDXG stock, in the hands of institutional investors. The top three institutional holders of MDXG stocks are: ESSEX WOODLANDS MANAGEMENT, INC. with ownership of 19,480,519, which is approximately New of the company’s market cap and around 2.10% of the total institutional ownership; VANGUARD GROUP INC, holding 4,059,415 shares of the stock with an approximate value of $36.35 million in MDXG stocks shares; and RTW INVESTMENTS, LP, currently with $24.18 million in MDXG stock with ownership of nearly 0% of the company’s market capitalization.
Positions in MiMedx Group Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 88 institutional holders increased their position in MiMedx Group Inc. [NASDAQ:MDXG] by around 36,114,051 shares. Additionally, 7 investors decreased positions by around 145,641 shares, while 12 investors held positions by with 4,179,889 shares. The mentioned changes placed institutional holdings at 40,439,581 shares, according to the latest SEC report filing. MDXG stock had 87 new institutional investments in for a total of 36,002,731 shares, while 1 institutional investors sold positions of 200 shares during the same period.