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Cormedix Inc. (CRMD)
:CRMD
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CRMD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.89 - $13.85
Previous CloseN/A
Volume1.29M
Average Volume (3M)1.18M
Market Cap
$776.06M
Enterprise Value$429.83M
Total Cash (Recent Filing)$20.17M
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.77
Next Earnings
Apr 01, 2025EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding60,677,204
10 Day Avg. Volume1,794,262
30 Day Avg. Volume1,183,522
Standard Deviation0.24
R-Squared0.12
Alpha0.00906
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)63.29
Price to Cash Flow (P/CF)-14.20
P/FCF Ratio0.00
Enterprise Value/Market Cap0.55
Enterprise Value/Revenue35.05
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda-9.10
Forecast
1Y Price Target
$16.00Price Target Upside31.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Cormedix News
Bulls Say, Bears Say
Bulls Say
Market PenetrationCorMedix has secured commercial supply agreements with four of the top five dialysis providers, indicating strong market penetration.
Sales PerformanceCRMD reported preliminary 4Q24 DefenCath sales of approximately $31 million, significantly above Street expectations of $20 million.
Strategic PartnershipsThe company is contracting with Syneos Health to build a dedicated inpatient sales team to exclusively promote DefenCath to hospitals and health systems.
Bears Say
Guidance ConcernsCRMD shares are under pressure partly due to consolidation after a significant move since mid-August and disappointment with lack of 4Q guidance.
Pricing PressureVolume growth is expected to be partially offset by price erosion due to increased discounting and rebates.
Sales UncertaintyThere is a lack of visibility on the timing of initial large dialysis operator orders, preventing more specific 4Q sales guidance.
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Ownership Overview
1.85% Insiders
8.08% Mutual Funds
0.35% Other Institutional Investors
79.18% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRMD FAQ
What was Cormedix Inc.’s price range in the past 12 months?
Cormedix Inc. lowest stock price was $2.89 and its highest was $13.85 in the past 12 months.
What is Cormedix Inc.’s market cap?
Cormedix Inc.’s market cap is $776.06M.
When is Cormedix Inc.’s upcoming earnings report date?
Cormedix Inc.’s upcoming earnings report date is Apr 01, 2025 which is in 70 days.
How were Cormedix Inc.’s earnings last quarter?
Cormedix Inc. released its earnings results on Oct 30, 2024. The company reported -$0.05 earnings per share for the quarter, beating the consensus estimate of -$0.122 by $0.072.
Is Cormedix Inc. overvalued?
According to Wall Street analysts Cormedix Inc.’s price is currently Undervalued.
Does Cormedix Inc. pay dividends?
Cormedix Inc. does not currently pay dividends.
What is Cormedix Inc.’s EPS estimate?
Cormedix Inc.’s EPS estimate is 0.12.
How many shares outstanding does Cormedix Inc. have?
Cormedix Inc. has 60,677,204 shares outstanding.
What happened to Cormedix Inc.’s price movement after its last earnings report?
Cormedix Inc. reported an EPS of -$0.05 in its last earnings report, beating expectations of -$0.122. Following the earnings report the stock price went down -22.513%.
Which hedge fund is a major shareholder of Cormedix Inc.?
Among the largest hedge funds holding Cormedix Inc.’s share is Elliott Investment Management LP. It holds Cormedix Inc.’s shares valued at 13M.
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Cormedix Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.00 (31.47% Upside)
$16.00 (31.47% Upside)
Blogger Sentiment
Bullish
CRMD Sentiment 70%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.2%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
263.28%
12-Months-Change
Fundamentals
Return on Equity
-65.04%
Trailing 12-Months
Asset Growth
-15.14%
Trailing 12-Months
Company Description
Cormedix Inc.
CorMedix, Inc. operates as a pharmaceutical and medical device company, which seeks to in-license, develop and commercialize prophylactic and therapeutic products for the prevention and treatment of infectious and inflammatory diseases. The firm is developing its product Neutrolin, a novel, non-antibiotic antimicrobial solution designed to prevent costly and dangerous bloodstream infections associated with the use of central venous catheters. The company was founded by Antony E. Pfaffle in 2006 and is headquartered in Berkeley Heights, NJ.
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CRMD Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call demonstrated strong revenue performance and market penetration of DefenCath, along with positive future EBITDA expectations. However, these positives are counterbalanced by increased operating expenses, potential revenue variability, and high customer concentration. Overall, the call reflects a cautiously optimistic outlook with significant achievements and some areas of concern.Read More>---
CRMD Stock 12 Month Forecast
Average Price Target
$16.00
▲(31.47% Upside)
Technical Analysis
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Best Analysts Covering CRMD
1 Year
1 Year Success Rate
13/19 ratings generated profit
1 Year Average Return
+61.68%
reiterated a buy rating 14 days ago
Copying Serge Belanger's trades and holding each position for 1 Year would result in 68.42% of your transactions generating a profit, with an average return of +61.68% per trade.
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