Zynex Inc Stock Analysis

Zynex Stock Analysis Notes

About 52.0% of the company outstanding shares are owned by insiders. The company last dividend was issued on the 5th of January 2022. Zynex Inc had 11:10 split on the 5th of January 2022. Zynex, Inc., through its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain and activate and exercise muscles for rehabilitative purposes with electrical stimulation. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado. Zynex operates under Medical Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 774 people. For more information please call Thomas Sandgaard at 303 703 4906 or visit https://www.zynex.com.

Zynex Inc Investment Alerts

Zynex Largest EPS Surprises

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Zynex Environmental, Social, and Governance (ESG) Scores

Zynex Stock Institutional Investors

Note, although Zynex's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Zynex Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 294.24 M.

Zynex Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.01 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.01.

Management Efficiency

Zynex Inc has return on total asset (ROA) of 0.0581 % which means that it generated a profit of $0.0581 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1675 %, meaning that it created $0.1675 on every $100 dollars invested by stockholders. Zynex's management efficiency ratios could be used to measure how well Zynex manages its routine affairs as well as how well it operates its assets and liabilities. The Zynex's current Return On Tangible Assets is estimated to increase to 0.09. The Zynex's current Return On Capital Employed is estimated to increase to 0.09. As of now, Zynex's Non Current Assets Total are increasing as compared to previous years. The Zynex's current Net Tangible Assets is estimated to increase to about 44.5 M, while Non Currrent Assets Other are forecasted to increase to (7.4 M).

Technical Drivers

As of the 11th of June 2024, Zynex maintains the Standard Deviation of 2.27, mean deviation of 1.78, and Market Risk Adjusted Performance of (0.47). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zynex Inc, as well as the relationship between them.

Zynex Inc Price Movement Analysis

Zynex Inc Insider Trading Activities

Zynex Predictive Daily Indicators

Zynex Corporate Filings

Zynex Forecast Models

Zynex's time-series forecasting models are one of many Zynex's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Zynex's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Zynex prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Zynex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Zynex. By using and applying Zynex Stock analysis, traders can create a robust methodology for identifying Zynex entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Zynex analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Zynex analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Zynex Inc stock analysis indicators help investors evaluate how Zynex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Zynex shares will generate the highest return on investment. By understating and applying Zynex stock analysis, traders can identify Zynex position entry and exit signals to maximize returns.

When running Zynex's price analysis, check to measure Zynex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zynex is operating at the current time. Most of Zynex's value examination focuses on studying past and present price action to predict the probability of Zynex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zynex's price. Additionally, you may evaluate how the addition of Zynex to your portfolios can decrease your overall portfolio volatility.