Mimedx Group Stock Today

MDXG Stock  USD 9.16  0.28  2.97%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 2

 
High
 
Low
Very Low
MiMedx is trading at 9.16 as of the 17th of December 2024. This is a 2.97 percent decrease since the beginning of the trading day. The stock's lowest day price was 9.07. MiMedx has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
22nd of August 2007
Category
Healthcare
Classification
Health Care
MiMedx Group, Inc. develops and distributes placental tissue allografts for various sectors of healthcare. The company sells its products through direct sales force and independent sales agents, as well as through independent distributors primarily in the United States. The company has 146.95 M outstanding shares of which 3.42 M shares are now shorted by private and institutional investors with about 3.07 trading days to cover. More on MiMedx Group

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MiMedx Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorJoseph Capper
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Composite Total, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.061.3448
Significantly Down
Slightly volatile
Total Current Liabilities30.6 M46 M
Way Down
Slightly volatile
Non Current Liabilities Total32.2 M50.3 M
Way Down
Slightly volatile
Total Assets251 M239 M
Sufficiently Up
Slightly volatile
Total Current Assets172.5 M164.3 M
Sufficiently Up
Slightly volatile
Debt Levels
MiMedx can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MiMedx's financial leverage. It provides some insight into what part of MiMedx's total assets is financed by creditors.
Liquidity
MiMedx Group currently holds 48.1 M in liabilities with Debt to Equity (D/E) ratio of 0.69, which is about average as compared to similar companies. MiMedx Group has a current ratio of 3.46, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about MiMedx's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

26.03 Million
MiMedx Group (MDXG) is traded on NASDAQ Exchange in USA. It is located in 1775 West Oak Commons Court, NE, Marietta, GA, United States, 30062 and employs 895 people. MiMedx is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.39 B. MiMedx Group conducts business under Biotechnology sector and is part of Health Care industry. The entity has 146.95 M outstanding shares of which 3.42 M shares are now shorted by private and institutional investors with about 3.07 trading days to cover. MiMedx Group currently holds about 72.5 M in cash with 26.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.64.
Check MiMedx Probability Of Bankruptcy
Ownership Allocation
MiMedx Group maintains a total of 146.95 Million outstanding shares. Over half of MiMedx's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MiMedx Ownership Details

MiMedx Stock Institutional Holders

InstituionRecorded OnShares
Charles Schwab Investment Management Inc2024-09-30
1.4 M
Morgan Stanley - Brokerage Accounts2024-09-30
1.2 M
Northern Trust Corp2024-09-30
1.1 M
Royal Bank Of Canada2024-09-30
1.1 M
Harbor Capital Advisors Inc2024-09-30
M
Royce & Associates, Lp2024-09-30
972.9 K
Federated Hermes Inc2024-09-30
906.8 K
Qube Research & Technologies2024-09-30
894.7 K
Richmond Brothers Inc2024-09-30
782.7 K
Essex Woodlands Health Ventures2024-09-30
28.2 M
Blackrock Inc2024-06-30
9.3 M
View MiMedx Diagnostics

MiMedx Historical Income Statement

At this time, MiMedx's Operating Income is most likely to increase significantly in the upcoming years. The MiMedx's current EBIT is estimated to increase to about 38.9 M, while Other Operating Expenses is projected to decrease to roughly 169.4 M. View More Fundamentals

MiMedx Stock Against Markets

MiMedx Corporate Management

Matthew NotarianniHead RelationsProfile
Todd NewtonInterim DirectorProfile
William PhelanVP OfficerProfile
Kim MollerChief OfficerProfile
William IVGeneral OfficerProfile
When determining whether MiMedx Group is a strong investment it is important to analyze MiMedx's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MiMedx's future performance. For an informed investment choice regarding MiMedx Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MiMedx Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MiMedx. If investors know MiMedx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MiMedx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Earnings Share
0.59
Revenue Per Share
2.447
Quarterly Revenue Growth
0.029
Return On Assets
0.1838
The market value of MiMedx Group is measured differently than its book value, which is the value of MiMedx that is recorded on the company's balance sheet. Investors also form their own opinion of MiMedx's value that differs from its market value or its book value, called intrinsic value, which is MiMedx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MiMedx's market value can be influenced by many factors that don't directly affect MiMedx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MiMedx's value and its price as these two are different measures arrived at by different means. Investors typically determine if MiMedx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MiMedx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.