Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Myomo Inc (AMEX: MYO) closed the day trading at $3.36 down -30.58% from the previous closing price of $4.84. In other words, the price has decreased by -$30.58 from its previous closing price. On the day, 2.93 million shares were traded.
Ratios:
For a better understanding of MYO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.35.
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, Craig Hallum on July 31, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On May 20, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $7.
On December 15, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $6.50.H.C. Wainwright initiated its Buy rating on December 15, 2023, with a $6.50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’25 when KIRK THOMAS F bought 7,400 shares for $5.00 per share. The transaction valued at 37,000 led to the insider holds 255,933 shares of the business.
Mitchell Micah sold 48,000 shares of MYO for $247,565 on Mar 14 ’25. The Chief Commercial Officer now owns 140,572 shares after completing the transaction at $5.16 per share. On Mar 14 ’25, another insider, MICAH MITCHELL, who serves as the Officer of the company, bought 48,000 shares for $5.16 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.13 while its Price-to-Book (P/B) ratio in mrq is 5.34.
Stock Price History:
Over the past 52 weeks, MYO has reached a high of $7.17, while it has fallen to a 52-week low of $2.76. The 50-Day Moving Average of the stock is -29.89%, while the 200-Day Moving Average is calculated to be -31.14%.
Shares Statistics:
A total of 34.44M shares are outstanding, with a floating share count of 33.64M. Insiders hold about 6.49% of the company’s shares, while institutions hold 47.59% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 3.0 analysts currently analyzing and rating the stock of Myomo Inc (MYO).The consensus estimate for the next quarter is -$0.02, with high estimates of $0.0 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.0 and -$0.2 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.04, with 3.0 analysts recommending between $0.1 and -$0.01.
Revenue Estimates
5 analysts predict $9.17M in revenue for the current quarter. It ranges from a high estimate of $9.24M to a low estimate of $9M. As of the current estimate, Myomo Inc’s year-ago sales were $7.52MFor the next quarter, 5 analysts are estimating revenue of $13.43M. There is a high estimate of $14.4M for the next quarter, whereas the lowest estimate is $12.9M.
A total of 5 analysts have provided revenue estimates for MYO’s current fiscal year. The highest revenue estimate was $51.07M, while the lowest revenue estimate was $49.14M, resulting in an average revenue estimate of $50.05M. In the same quarter a year ago, actual revenue was $32.55MBased on 5 analysts’ estimates, the company’s revenue will be $63.71M in the next fiscal year. The high estimate is $72.54M and the low estimate is $54.6M.
