31 institutions hold shares in EDAP TMS S.A. (EDAP), with institutional investors hold 17.13% of the company’s shares. The shares outstanding are 29.14M, and float is at 12.42M with Short Float at 1.15%. Institutions hold 17.13% of the Float.
The top institutional shareholder in the company is Archon Capital Management LLC with over 0.83 million shares valued at $4.27 million. The investor’s holdings represent 2.83% of the EDAP Shares outstanding. As of Dec 30, 2020, the second largest holder is Bruce & Co, Inc. with 0.83 million shares valued at $4.27 million to account for 2.83% of the shares outstanding. The other top investors are Opaleye Management Inc. which holds 0.66 million shares representing 2.26% and valued at over $3.4 million, while Morgan Stanley holds 2.22% of the shares totaling 0.65 million with a market value of $3.34 million.
EDAP TMS S.A. (NASDAQ: EDAP) is 87.23% higher on its value in year-to-date trading and has touched a low of $1.93 and a high of $10.68 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EDAP stock was last observed hovering at around $8.15 in the last trading session, with the day’s gains setting it 1.53% off its average median price target of $10.70 for the next 12 months. It is also 22.37% off the consensus price target high of $12.47 offered by 3 analysts, but current levels are -17.19% lower than the price target low of $8.26 for the same period.
Currently trading at $9.68, the stock is 20.29% and 14.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing 18.77% at the moment leaves the stock 90.89% off its SMA200. EDAP registered 315.45% gain for a year compared to 6-month gain of 144.14%. The firm has a 50-day simple moving average (SMA 50) of $8.74 and a 200-day simple moving average (SMA200) of $5.99.
The stock witnessed a 6.37% loss in the last 1 month and extending the period to 3 months gives it a 90.55%, and is 19.51% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.36% over the week and 8.37% over the month.
EDAP TMS S.A. (EDAP) has around 216 employees, a market worth around $268.52M and $45.00M in sales. Fwd P/E is 75.04. Profit margin for the company is -9.00%. Distance from 52-week low is 401.55% and -9.36% from its 52-week high. The company has generated returns on investments over the last 12 months (4.60%).
EDAP TMS S.A. (EDAP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for EDAP TMS S.A. (EDAP) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
EDAP TMS S.A. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0.08 with sales reaching $18.08M over the same period.The EPS is expected to grow by 537.80% this year, but quarterly earnings will post -1.60% year-over-year. Quarterly sales are estimated to grow 35.60% in year-over-year returns.
EDAP TMS S.A. (EDAP): Who are the competitors?
The company’s main competitors (and peers) include Boston Scientific Corporation (BSX) that is trading 26.07% up over the past 12 months and Rockwell Medical Inc. (RMTI) that is -49.09% lower over the same period. Short interest in the company’s stock has fallen -30.4% from the last report on Feb 11, 2021 to stand at a total of 0.19 million short shares sold with a short interest ratio of 0.53.