NASDAQ:DMTK

DermTech (DMTK) Stock Price, News & Analysis

$0.63
0.00 (0.00%)
(As of 05/3/2024 ET)
Today's Range
$0.60
$0.64
50-Day Range
$0.59
$1.36
52-Week Range
$0.57
$3.90
Volume
147,623 shs
Average Volume
174,964 shs
Market Capitalization
$21.78 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.38

DermTech MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
277.8% Upside
$2.38 Price Target
Short Interest
Bearish
10.05% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($2.26) to ($2.23) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.57 out of 5 stars

Medical Sector

838th out of 904 stocks

Medical Laboratories Industry

16th out of 19 stocks

DMTK stock logo

About DermTech Stock (NASDAQ:DMTK)

DermTech, Inc., a molecular diagnostic company, engages in the development and marketing of novel non-invasive genomics tests to aid in the diagnosis and management of melanoma in the United States. The company provides DermTech Melanoma Test (DMT), an innovative non-invasive way to enhance melanoma detection for developing product for non-melanoma skin cancers. It also offers DermTech Smart Sticker, which provides a non-invasively way to collect skin sample including standard care by using scalpel to biopsy suspicious lesions. In addition, it provides research services and technology platform on a contract basis to pharmaceutical companies which use the technology for clinical trials. Further, the company develops gene expression assays for the psoriasis, atopic dermatitis, and aging of the skin to pharmaceutical companies to develop drug products in dermatology; and develop custom gene assays to support the pharmaceutical partners. It sells its products through pathology and oncology practitioners. DermTech, Inc. is headquartered in San Diego, California.

DMTK Stock Price History

DMTK Stock News Headlines

BTIG Downgrades DermTech (DMTK)
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
What Analysts Are Saying About DermTech Stock
DermTech to Slash 56% of Workforce, Explore Options
DermTech, Inc. (DMTK)
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Recap: DermTech Q4 Earnings
DermTech Reports Fourth-Quarter 2023 Financial Results
DermTech Q4 2023 Earnings Preview
DermTech International Registered Shs
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
5/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Medical laboratories
Sub-Industry
N/A
Current Symbol
NASDAQ:DMTK
Fax
N/A
Employees
206
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.38
High Stock Price Target
$5.00
Low Stock Price Target
$0.63
Potential Upside/Downside
+277.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-100,890,000.00
Net Margins
-659.57%
Pretax Margin
-659.57%

Debt

Sales & Book Value

Annual Sales
$15.30 million
Book Value
$1.67 per share

Miscellaneous

Free Float
32,857,000
Market Cap
$21.78 million
Optionable
Optionable
Beta
2.53
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Key Executives

  • Mr. Kevin Sun M.B.A. (Age 46)
    CFO, Treasurer & Secretary
    Comp: $461.92k
  • Mr. Ray Akhavan Esq. (Age 55)
    J.D., General Counsel
    Comp: $413.06k
  • Mr. Bret Christensen (Age 53)
    President, CEO & Director
  • Mr. William W. Zondler
    Chief Information Officer
  • Mr. Steve E. Kunszabo
    Senior Director of Investor Relations
  • Ms. Jennifer Eilemberg
    Chief Compliance Officer
  • Dr. Burkhard Jansen M.D. (Age 58)
    Chief Medical Affairs Officer
    Comp: $419.8k
  • Dr. Loren Clarke M.D.
    Chief Medical Officer
  • Dr. Steven Stone Ph.D.
    Senior Vice President of Research & Development
  • Mr. Mark Aguillard
    Chief Commercial Officer

DMTK Stock Analysis - Frequently Asked Questions

Should I buy or sell DermTech stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DermTech in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DMTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DMTK, but not buy additional shares or sell existing shares.
View DMTK analyst ratings
or view top-rated stocks.

What is DermTech's stock price target for 2024?

3 equities research analysts have issued 12-month price objectives for DermTech's stock. Their DMTK share price targets range from $0.63 to $5.00. On average, they expect the company's stock price to reach $2.38 in the next year. This suggests a possible upside of 277.8% from the stock's current price.
View analysts price targets for DMTK
or view top-rated stocks among Wall Street analysts.

How have DMTK shares performed in 2024?

DermTech's stock was trading at $1.75 at the beginning of 2024. Since then, DMTK stock has decreased by 64.1% and is now trading at $0.6290.
View the best growth stocks for 2024 here
.

How were DermTech's earnings last quarter?

DermTech, Inc. (NASDAQ:DMTK) announced its quarterly earnings data on Thursday, February, 29th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.54) by $0.02. The business had revenue of $3.92 million for the quarter, compared to analyst estimates of $4.05 million. DermTech had a negative trailing twelve-month return on equity of 123.96% and a negative net margin of 659.57%.

What other stocks do shareholders of DermTech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DermTech investors own include Pfizer (PFE), CrowdStrike (CRWD), DocuSign (DOCU), ONEOK (OKE), Intel (INTC), U.S. Xpress Enterprises (USX), Valero Energy (VLO), Hello Group (MOMO), AVEO Pharmaceuticals (AVEO) and Camping World (CWH).

Who are DermTech's major shareholders?

DermTech's stock is owned by many different retail and institutional investors. Top institutional investors include Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Claudia Ibarra, Enrico Picozza, Herm Rosenman, John Dobak, Kevin M Sun, Mutual Insurance Co Donegal, Ramin Akhavan, Rtw Investments, Lp, Scott R Pancoast and Todd Michael Wood.
View institutional ownership trends
.

How do I buy shares of DermTech?

Shares of DMTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DMTK) was last updated on 5/5/2024 by MarketBeat.com Staff

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