NASDAQ:KRMD

KORU Medical Systems (KRMD) Stock Price, News & Analysis

$2.14
+0.01 (+0.47%)
(As of 04/23/2024 ET)
Today's Range
$2.08
$2.22
50-Day Range
$2.04
$2.49
52-Week Range
$1.98
$4.48
Volume
84,146 shs
Average Volume
121,259 shs
Market Capitalization
$97.82 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.50

KORU Medical Systems MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
63.6% Upside
$3.50 Price Target
Short Interest
Bearish
2.30% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of KORU Medical Systems in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.15) to ($0.09) 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.

1.90 out of 5 stars

Medical Sector

528th out of 909 stocks

Surgical & Medical Instruments Industry

59th out of 95 stocks

KRMD stock logo

About KORU Medical Systems Stock (NASDAQ:KRMD)

KORU Medical Systems, Inc. develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria. Its products include the FREEDOM60 syringe infusion system, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing products. The company was incorporated in 1980 and is based in Mahwah, New Jersey.

KRMD Stock Price History

KRMD Stock News Headlines

Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Earnings Outlook For KORU Medical Systems
Craig-Hallum Keeps Their Buy Rating on REPRO-MED Systems (KRMD)
KORU Medical Systems Inc KRMD
See More Headlines
Receive KRMD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for KORU Medical Systems and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/13/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:KRMD
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.50
High Stock Price Target
$4.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+63.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-13,740,000.00
Pretax Margin
-34.27%

Debt

Sales & Book Value

Annual Sales
$28.52 million
Book Value
$0.45 per share

Miscellaneous

Free Float
35,791,000
Market Cap
$97.82 million
Optionable
Optionable
Beta
0.53
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

  • Ms. Linda M. Tharby (Age 56)
    President, CEO & Director
    Comp: $713.37k
  • Mr. Thomas Adams (Age 51)
    CFO, Secretary & Treasurer
    Comp: $380.47k
  • Mr. Brian Case (Age 51)
    Chief Technology Officer
    Comp: $371.16k
  • Mr. Kenneth Miller (Age 55)
    Chief Commercial Officer
    Comp: $126.54k
  • Mr. Christopher Pazdan
    Senior Vice President of Operations
  • Mr. Rob Cannon
    Vice President of Sales

KRMD Stock Analysis - Frequently Asked Questions

Should I buy or sell KORU Medical Systems stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for KORU Medical Systems in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" KRMD shares.
View KRMD analyst ratings
or view top-rated stocks.

What is KORU Medical Systems' stock price target for 2024?

4 Wall Street research analysts have issued 12 month target prices for KORU Medical Systems' stock. Their KRMD share price targets range from $3.00 to $4.00. On average, they predict the company's share price to reach $3.50 in the next year. This suggests a possible upside of 63.6% from the stock's current price.
View analysts price targets for KRMD
or view top-rated stocks among Wall Street analysts.

How have KRMD shares performed in 2024?

KORU Medical Systems' stock was trading at $2.46 at the beginning of 2024. Since then, KRMD shares have decreased by 13.0% and is now trading at $2.14.
View the best growth stocks for 2024 here
.

Are investors shorting KORU Medical Systems?

KORU Medical Systems saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,050,000 shares, an increase of 5.6% from the March 15th total of 994,500 shares. Based on an average daily volume of 95,500 shares, the short-interest ratio is currently 11.0 days.
View KORU Medical Systems' Short Interest
.

When is KORU Medical Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our KRMD earnings forecast
.

How can I listen to KORU Medical Systems' earnings call?

KORU Medical Systems will be holding an earnings conference call on Wednesday, May 1st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were KORU Medical Systems' earnings last quarter?

KORU Medical Systems, Inc. (NASDAQ:KRMD) issued its earnings results on Wednesday, March, 13th. The company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.02. The business earned $7.19 million during the quarter, compared to analyst estimates of $7.01 million. KORU Medical Systems had a negative net margin of 48.18% and a negative trailing twelve-month return on equity of 27.82%.

What guidance has KORU Medical Systems issued on next quarter's earnings?

KORU Medical Systems issued an update on its FY 2024 earnings guidance on Wednesday, March, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $31.2 million-$32.2 million, compared to the consensus revenue estimate of $32.3 million.

What other stocks do shareholders of KORU Medical Systems own?
Who are KORU Medical Systems' major shareholders?

KORU Medical Systems' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Albion Financial Group UT (1.62%) and Advisor Resource Council (0.06%). Insiders that own company stock include James M Beck, Joseph M Jr Manko, Linda M Tharby and Robert Cascella.
View institutional ownership trends
.

How do I buy shares of KORU Medical Systems?

Shares of KRMD 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:KRMD) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners