Apyx Medical Corporation (NASDAQ:APYX) is a stock that investors should take a bite out of.

The price of Apyx Medical Corporation (NASDAQ: APYX) closed at $2.64 in the last session, up 1.54% from day before closing price of $2.60. In other words, the price has increased by $+0.0400 from its previous closing price. On the day, 597731 shares were traded. APYX stock price reached its highest trading level at $2.6500 during the session, while it also had its lowest trading level at $2.5588.

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We take a closer look at APYX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.10 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Lake Street on May 20, 2022, initiated with a Buy rating and assigned the stock a target price of $12.

On April 02, 2019, Dougherty & Company reiterated its Buy rating and also upped its target price recommendation from $12 to $9.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 29 when Goodwin Charles D. II bought 11,750 shares for $5.96 per share. The transaction valued at 70,068 led to the insider holds 40,000 shares of the business.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 2.18.

Stock Price History:

Over the past 52 weeks, APYX has reached a high of $12.16, while it has fallen to a 52-week low of $1.31. The 50-Day Moving Average of the stock is 2.1448, while the 200-Day Moving Average is calculated to be 4.9437.

Shares Statistics:

According to the various share statistics, APYX traded on average about 358.09K shares per day over the past 3-months and 373.13k shares per day over the past 10 days. A total of 34.57M shares are outstanding, with a floating share count of 30.11M. Insiders hold about 3.40% of the company’s shares, while institutions hold 60.90% stake in the company. Shares short for APYX as of Oct 13, 2022 were 768.6k with a Short Ratio of 0.87M, compared to 474.31k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.22% and a Short% of Float of 2.30%.

Earnings Estimates

The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.14 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.16, while EPS last year was -$0.12. The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.05 and low estimates of -$0.07.

Analysts are recommending an EPS of between -$0.52 and -$0.56 for the fiscal current year, implying an average EPS of -$0.54. EPS for the following year is -$0.48, with 4 analysts recommending between -$0.43 and -$0.52.

Revenue Estimates

According to 4 analysts, the current quarter’s revenue is expected to be $12.01M. It ranges from a high estimate of $12.04M to a low estimate of $12M. As of the current estimate, Apyx Medical Corporation’s year-ago sales were $10.2M, an estimated increase of 17.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $18.67M, an increase of 11.00% less than the figure of $17.70% in the same quarter last year. There is a high estimate of $18.9M for the next quarter, whereas the lowest estimate is $18.39M.

A total of 4 analysts have provided revenue estimates for APYX’s current fiscal year. The highest revenue estimate was $53.7M, while the lowest revenue estimate was $53.21M, resulting in an average revenue estimate of $53.47M. In the same quarter a year ago, actual revenue was $48.52M, up 10.20% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $66.7M in the next fiscal year. The high estimate is $68.41M and the low estimate is $65M. The average revenue growth estimate for next year is up 24.70% from the average revenue estimate for this year.