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Zynex (ZYXI) Stock

Profile

Sector:

Healthcare

Country:

United States

IPO:

25 February 2004

Indexes:

Not included

Description:

Zynex, Inc. is a manufacturer of medical equipment specializing in electrotherapeutic devices used in pain management, physical rehabilitation, neurological diagnostics, and cardiac monitoring. The company was founded in 1996 and is headquartered in Englewood, Colorado. The company designs, manufactures, and sells its own medical devices through three subsidiaries: Zynex Medical provides products for home use electrotherapy. Zynex Monitoring Solutions develops heart monitoring products for hospital use. Zynex NeuroDiagnostics develops EMG and EEG diagnostic devices for neurological clinics.

Key Details

Price

$8.32

Annual Revenue

$184.32 M(+16.54% YoY)

Annual EPS

$0.27(-38.64% YoY)

PE Ratio

59.31(+168.49% YoY)

Beta

1.01

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Oct 24, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Jan 05, 2022
Splits

Next split:

N/A

Recent split:

Jan 05, 2022

Analyst ratings

Recent major analysts updates

25 Oct '24 HC Wainwright & Co.
Buy
08 Oct '24 RBC Capital
Outperform
04 Sept '24 HC Wainwright & Co.
Buy
26 July '24 RBC Capital
Outperform
26 July '24 HC Wainwright & Co.
Buy
14 June '24 RBC Capital
Outperform
01 May '24 HC Wainwright & Co.
Buy
01 Mar '24 RBC Capital
Outperform
01 Mar '24 HC Wainwright & Co.
Buy
16 Oct '23 RBC Capital
Outperform

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Institutional Ownership

Zynex leverages multi-modality NexWave device to transform pain management
Zynex leverages multi-modality NexWave device to transform pain management
Zynex leverages multi-modality NexWave device to transform pain management
ZYXI
proactiveinvestors.com26 November 2024

Zynex Inc (NASDAQ:ZYXI) holds a competitive niche in the pain management market, benefiting from its focus on non-invasive, reimbursable solutions. While the company has successfully capitalized on the growing demand for non-opioid therapies, staying ahead will depend on its ability to innovate and adapt to a rapidly evolving medical device landscape.

Zynex Inc. (ZYXI) Tops Q3 Earnings Estimates
Zynex Inc. (ZYXI) Tops Q3 Earnings Estimates
Zynex Inc. (ZYXI) Tops Q3 Earnings Estimates
ZYXI
zacks.com24 October 2024

Zynex Inc. (ZYXI) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.10 per share a year ago.

Zynex sees pain management orders increase in Q3 following FDA approval
Zynex sees pain management orders increase in Q3 following FDA approval
Zynex sees pain management orders increase in Q3 following FDA approval
ZYXI
proactiveinvestors.com24 October 2024

Zynex Inc (NASDAQ:ZYXI) announced its third-quarter 2024 financial and operational results highlighted by a 13% year-over-year increase in orders. The pain management device company reported net revenue of $50 million for the quarter ended September 30, 2024, up slightly from $49.9 million in the prior-year period.

Zynex Reports Third Quarter 2024 Financial Results
Zynex Reports Third Quarter 2024 Financial Results
Zynex Reports Third Quarter 2024 Financial Results
ZYXI
prnewswire.com24 October 2024

ENGLEWOOD, Colo. , Oct. 24, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring, today reported its financial and operational results for the third quarter ended September 30, 2024.

Zynex Sets Third Quarter 2024 Earnings Call
Zynex Sets Third Quarter 2024 Earnings Call
Zynex Sets Third Quarter 2024 Earnings Call
ZYXI
prnewswire.com16 October 2024

ENGLEWOOD, Colo. , Oct. 16, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring, will hold a conference call on Thursday, October 24, 2024 at 4:15 PM Eastern Time to discuss its financial results for the third quarter ended September 30, 2024.

Zynex's strategic shifts set stage for long-term success, analysts say
Zynex's strategic shifts set stage for long-term success, analysts say
Zynex's strategic shifts set stage for long-term success, analysts say
ZYXI
proactiveinvestors.com16 September 2024

Analysts expect Zynex Inc (NASDAQ:ZYXI) to return to stronger growth in 2025, driven by product diversification, sales force expansion, and upcoming product launches. The company's strategic initiatives are seen as laying the groundwork for long-term success despite short-term hurdles.

Zynex CEO reflects on 28 years of medical device innovation - ICYMI
Zynex CEO reflects on 28 years of medical device innovation - ICYMI
Zynex CEO reflects on 28 years of medical device innovation - ICYMI
ZYXI
proactiveinvestors.com07 September 2024

Zynex Inc (NASDAQ:ZYXI) CEO Thomas Sandgaard recently sat down with Proactive to discuss the medical device company's innovative solutions and impressive growth trajectory.   Sandgaard highlighted how Zynex has expanded from a one-person operation 28 years ago to a company with 1,200 employees and revenues reaching $200 million.

Zynex Stock Rises on FDA Clearance of Its New Pain Management Device
Zynex Stock Rises on FDA Clearance of Its New Pain Management Device
Zynex Stock Rises on FDA Clearance of Its New Pain Management Device
ZYXI
zacks.com04 September 2024

ZYXI recently received the Food and Drug Administration clearance for its new TensWave device. TensWave is designed to provide a comprehensive pain management solution.

Zynex to Present at the HC Wainwright Global Investment Conference
Zynex to Present at the HC Wainwright Global Investment Conference
Zynex to Present at the HC Wainwright Global Investment Conference
ZYXI
prnewswire.com04 September 2024

ENGLEWOOD, Colo. , Sept. 4, 2024 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI), an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, rehabilitation, and patient monitoring, announced it will present at the upcoming HC Wainwright Global Investment Conference, which is being held September 9-11, 2024.

Zynex pain management device TensWave achieves FDA clearance
Zynex pain management device TensWave achieves FDA clearance
Zynex pain management device TensWave achieves FDA clearance
ZYXI
proactiveinvestors.com03 September 2024

Zynex Inc (NASDAQ:ZYXI) announced that its portable pain management device TensWave has achieved Food and Drug Administration (FDA) clearance. The prescription-only TensWave device aims to provide pain relief through TENS (Transcutaneous Electrical Nerve Stimulation) therapy, which the company highlighted has been clinically proven to reduce chronic and acute pain without needing medication.

FAQ

  • What is the primary business of Zynex?
  • What is the ticker symbol for Zynex?
  • Does Zynex pay dividends?
  • What sector is Zynex in?
  • What industry is Zynex in?
  • What country is Zynex based in?
  • When did Zynex go public?
  • Is Zynex in the S&P 500?
  • Is Zynex in the NASDAQ 100?
  • Is Zynex in the Dow Jones?
  • When was Zynex's last earnings report?
  • When does Zynex report earnings?
  • Should I buy Zynex stock now?

What is the primary business of Zynex?

Zynex, Inc. is a manufacturer of medical equipment specializing in electrotherapeutic devices used in pain management, physical rehabilitation, neurological diagnostics, and cardiac monitoring. The company was founded in 1996 and is headquartered in Englewood, Colorado. The company designs, manufactures, and sells its own medical devices through three subsidiaries: Zynex Medical provides products for home use electrotherapy. Zynex Monitoring Solutions develops heart monitoring products for hospital use. Zynex NeuroDiagnostics develops EMG and EEG diagnostic devices for neurological clinics.

What is the ticker symbol for Zynex?

The ticker symbol for Zynex is NASDAQ:ZYXI

Does Zynex pay dividends?

No, Zynex does not pay dividends

What sector is Zynex in?

Zynex is in the Healthcare sector

What industry is Zynex in?

Zynex is in the Medical Distribution industry

What country is Zynex based in?

Zynex is headquartered in United States

When did Zynex go public?

Zynex's initial public offering (IPO) was on 25 February 2004

Is Zynex in the S&P 500?

No, Zynex is not included in the S&P 500 index

Is Zynex in the NASDAQ 100?

No, Zynex is not included in the NASDAQ 100 index

Is Zynex in the Dow Jones?

No, Zynex is not included in the Dow Jones index

When was Zynex's last earnings report?

Zynex's most recent earnings report was on 24 October 2024

When does Zynex report earnings?

The next expected earnings date for Zynex is 28 February 2025

Should I buy Zynex stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions