Edap Tms Sa (NASDAQ:EDAP) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price target of $6.50 for the company, according to Zacks. Zacks has also assigned Edap Tms Sa an industry rank of 112 out of 265 based on the ratings given to its competitors.
EDAP has been the subject of a number of recent analyst reports. HC Wainwright reissued a “buy” rating on shares of Edap Tms Sa in a research report on Tuesday, August 30th. Zacks Investment Research raised shares of Edap Tms Sa from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a report on Tuesday, October 11th. Finally, TheStreet raised shares of Edap Tms Sa from a “sell” rating to a “hold” rating in a report on Tuesday, September 27th.
A hedge fund recently bought a new stake in Edap Tms Sa stock. Perkins Capital Management Inc. purchased a new stake in shares of Edap Tms Sa (NASDAQ:EDAP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 118,000 shares of the company’s stock, valued at approximately $391,000. Perkins Capital Management Inc. owned 0.46% of Edap Tms Sa at the end of the most recent reporting period. Hedge funds and other institutional investors own 12.11% of the company’s stock.
Edap Tms Sa (NASDAQ:EDAP) opened at 2.81 on Thursday. The stock has a 50 day moving average of $2.89 and a 200-day moving average of $3.24. Edap Tms Sa has a one year low of $2.43 and a one year high of $6.57. The stock has a market cap of $80.72 million, a P/E ratio of 17.13 and a beta of 1.12.
Edap Tms Sa (NASDAQ:EDAP) last released its quarterly earnings results on Thursday, August 25th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.12. Edap Tms Sa had a net margin of 11.53% and a return on equity of 58.61%. Analysts anticipate that Edap Tms Sa will post $0.16 EPS for the current year.
About Edap Tms Sa
EDAP TMS SA (EDAP) is a holding company engaged in developing and marketing the Ablatherm and Focal One devices. The Company operates two divisions: High Intensity Focused Ultrasound (HIFU) and Urology Devices and Services (UDS) (including lithotripsy activities). The Company is developing HIFU technology for the treatment of certain other types of tumors.
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