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NASDAQ:OM

Outset Medical (OM) Stock Price, News & Analysis

$0.75
+0.06 (+8.80%)
(As of 10:30 AM ET)
Today's Range
$0.68
$0.75
50-Day Range
$0.59
$4.82
52-Week Range
$0.58
$14.60
Volume
708,830 shs
Average Volume
1.41 million shs
Market Capitalization
$38.83 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.64

Outset Medical MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
572.9% Upside
$4.64 Price Target
Short Interest
Healthy
13.73% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.18mentions of Outset Medical in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$158,398 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($2.52) to ($1.91) 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.

2.06 out of 5 stars

Medical Sector

577th out of 924 stocks

Electromedical Equipment Industry

12th out of 21 stocks

OM stock logo

About Outset Medical Stock (NASDAQ:OM)

Outset Medical, Inc., a medical technology company, engages in the development of a hemodialysis system for hemodialysis in the United States. The company offers Tablo Hemodialysis System, a compact console with integrated water purification, on-demand dialysate production, and software and connectivity capabilities for dialysis care in acute and home settings; and manufactures, supports, and distributes for Tablo console, Tablo cartridge, and other consumables. It also provides Tablo Data Ecosystem, including TabloHub, a customer-facing portal; MyTablo, a patient-facing portal; and TabloDash, an internal data analytics platform. The company was formerly known as Home Dialysis Plus, Ltd. and changed its name to Outset Medical, Inc. in January 2015. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, California.

OM Stock Price History

OM Stock News Headlines

Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
Trump is sounding the alarm
Europe is one of the latest to release a central bank digital currency and along with it, new cash rules. Christine Lagarde, President of the European Central Bank, shared "Now we have in Europe this threshold, above 1,000 euros you cannot pay cash… if you get caught you are fined or you are going to jail". Are you prepared?
RBC Capital Reaffirms Their Hold Rating on Outset Medical (OM)
See More Headlines
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Company Calendar

Last Earnings
10/12/2023
Today
8/22/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
Medical Equipment
Fax
N/A
Employees
520
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.64
High Stock Price Target
$6.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+551.1%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-172,800,000.00
Net Margins
-136.72%
Pretax Margin
-136.28%

Debt

Sales & Book Value

Annual Sales
$116.43 million
Book Value
$1.32 per share

Miscellaneous

Free Float
49,912,000
Market Cap
$36.88 million
Optionable
Not Optionable
Beta
2.00
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OM Stock Analysis - Frequently Asked Questions

How have OM shares performed this year?

Outset Medical's stock was trading at $5.41 on January 1st, 2024. Since then, OM shares have decreased by 87.2% and is now trading at $0.69.
View the best growth stocks for 2024 here
.

How were Outset Medical's earnings last quarter?

Outset Medical, Inc. (NASDAQ:OM) announced its quarterly earnings results on Thursday, October, 12th. The company reported ($0.71) EPS for the quarter, beating the consensus estimate of ($0.74) by $0.03. Outset Medical had a negative net margin of 136.72% and a negative trailing twelve-month return on equity of 143.52%.

When did Outset Medical IPO?

Outset Medical (OM) raised $175 million in an IPO on Tuesday, September 15th 2020. The company issued 7,600,000 shares at a price of $22.00-$24.00 per share. BofA Securities, Morgan Stanley and Goldman Sachs served as the underwriters for the IPO and SVB Leerink and Stifel were co-managers.

Who are Outset Medical's major shareholders?

Top institutional shareholders of Outset Medical include Millennium Management LLC (3.76%), Massachusetts Financial Services Co. MA (2.98%), Assenagon Asset Management S.A. (2.93%) and Ensign Peak Advisors Inc (2.71%). Insiders that own company stock include Leslie Trigg, Steven S Williamson, Nabeel Ahmed, Jean-Olivier Racine, Marc Nash, John L Brottem, Martin Vazquez, Stacey L Porter and D Keith Grossman.
View institutional ownership trends
.

How do I buy shares of Outset Medical?

Shares of OM 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:OM) was last updated on 8/22/2024 by MarketBeat.com Staff

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