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After finishing at $11.59 in the prior trading day, CorMedix Inc (NASDAQ: CRMD) closed at $11.62, up 0.26%. In other words, the price has increased by $0.26 from its previous closing price. On the day, 1.08 million shares were traded. CRMD stock price reached its highest trading level at $11.7299 during the session, while it also had its lowest trading level at $11.34.
Ratios:
Our goal is to gain a better understanding of CRMD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.99 and its Current Ratio is at 4.21. 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, H.C. Wainwright on June 30, 2025, initiated with a Buy rating and assigned the stock a target price of $20.
On March 07, 2025, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $18.Leerink Partners initiated its Outperform rating on March 07, 2025, with a $18 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 Oct 31 ’24 when Mistry Erin bought 1,500 shares for $9.99 per share. The transaction valued at 14,985 led to the insider holds 52,011 shares of the business.
Hurlburt Elizabeth sold 140,027 shares of CRMD for $1,565,670 on Nov 14 ’24. The EVP now owns 45,397 shares after completing the transaction at $11.18 per share. On Nov 14 ’24, another insider, Hurlburt Elizabeth, who serves as the Officer of the company, bought 140,027 shares for $11.12 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRMD now has a Market Capitalization of 864867264 and an Enterprise Value of 758573568. As of this moment, CorMedix’s Price-to-Earnings (P/E) ratio for their current fiscal year is 51.55, and their Forward P/E ratio for the next fiscal year is 6.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.48 while its Price-to-Book (P/B) ratio in mrq is 6.85. Its current Enterprise Value per Revenue stands at 9.189 whereas that against EBITDA is 50.832.
Stock Price History:
The Beta on a monthly basis for CRMD is 1.72, which has changed by 1.7799044 over the last 52 weeks, in comparison to a change of 0.12677538 over the same period for the S&P500. Over the past 52 weeks, CRMD has reached a high of $17.43, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -5.55%, while the 200-Day Moving Average is calculated to be 12.68%.
Shares Statistics:
The stock has traded on average 2.02M shares per day over the past 3-months and 3296680 shares per day over the last 10 days, according to various share statistics. A total of 74.43M shares are outstanding, with a floating share count of 72.39M. Insiders hold about 2.75% of the company’s shares, while institutions hold 32.00% stake in the company. Shares short for CRMD as of 1749772800 were 8588351 with a Short Ratio of 4.25, compared to 1747267200 on 8450282. Therefore, it implies a Short% of Shares Outstanding of 8588351 and a Short% of Float of 12.810000999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Investors are eagerly awaiting the insights provided by 7.0 analysts currently analyzing and rating the stock of CorMedix Inc (CRMD).The consensus estimate for the next quarter is $0.22, with high estimates of $0.39 and low estimates of $0.08.
Analysts are recommending an EPS of between $1.73 and $0.53 for the fiscal current year, implying an average EPS of $1.01. EPS for the following year is $1.69, with 7.0 analysts recommending between $2.84 and $0.74.
Revenue Estimates
4 analysts predict $35.15M in revenue for the current quarter. It ranges from a high estimate of $37M to a low estimate of $31M. As of the current estimate, CorMedix Inc’s year-ago sales were $806.12kFor the next quarter, 4 analysts are estimating revenue of $41M. There is a high estimate of $49.4M for the next quarter, whereas the lowest estimate is $32M.
A total of 4 analysts have provided revenue estimates for CRMD’s current fiscal year. The highest revenue estimate was $205M, while the lowest revenue estimate was $135.08M, resulting in an average revenue estimate of $167.92M. In the same quarter a year ago, actual revenue was $43.47MBased on 7 analysts’ estimates, the company’s revenue will be $235.56M in the next fiscal year. The high estimate is $289.3M and the low estimate is $163.19M.
