How to Buy Transmedics Group Stock
Transmedics Group Inc
TransMedics Group, Inc. , a commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally.
Transmedics Group stock last closed at $90.60, up 4.73% from the previous day, and has increased 5.32% in one year. It has overperformed other stocks in the Medical Devices industry by 0.22 percentage points. Transmedics Group stock is currently +148.76% from its 52-week low of $36.42, and -9.06% from its 52-week high of $99.63.
At the moment, there are 32.72M shares of TMDX outstanding. The market cap of TMDX is $2.96B. In the last 24 hours, 590,310 TMDX shares were traded.
How to Buy Transmedics Group Stock
Wondering how to invest in Transmedics Group stock? Here's how.
- Choose where to buy Transmedics Group stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Transmedics Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your payment method and add your info.
- Research Transmedics Group stock: The Transmedics Group ticker symbol is TMDX. Is Transmedics Group stock a good investment? Should you buy shares of TMDX? How do TMDX's underlying business fundamentals look? Do top analysts think Transmedics Group is a good buy? Why has TMDX's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if TMDX is a good stock to buy).
- Place your TMDX purchase: Decide if you will purchase TMDX shares at the current market price or use a limit order to purchase TMDX stock at a specific price.
- Get notifications regarding your TMDX position: Create a watchlist to watch your position in Transmedics Group shares.
Step 1: Choose where to buy Transmedics Group stock
You will need an online brokerage account to access the NASDAQ market and buy TMDX shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal info so you are able to invest in TMDX today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your investment account
Now that you have created your account on the best free stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Research Transmedics Group stock
After you have chosen the best place to buy Transmedics Group stock, it's crucial to analyze their stock before you buy, so you can comprehend the risk and upside.
Transmedics Group quick stats
Transmedics Group Due Diligence Checks
WallStreetZen was designed to help average investors do better fundamental analysis.
You can view all of the due diligence checks on TMDX's stock page.
How is TMDX stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TMDX's intrinsic value.
Using relative valuations methods:
- TMDX could be overvalued based on its P/B ratio of 21.6x, relative to Medical Devices industry P/B ratio of 3.71x
You can access additional valuation research on TMDX's stock here.
TMDX Financial Health
Passed Health Checks:
- TMDX has cash burn of 164875000. It has enough cash and short-term investments to cover this for at least one year.
- TMDX profit margin has gone up from -38.8% to -10.4% in the past year.
- There are more short-term assets than short-term liabilities on the TMDX balance sheet.
- Total TMDX debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the TMDX balance sheet.
- TMDX has a relatively high debt to equity ratio of 4.15.
- TMDX has $395.31M in cash and short term investments. This is not enough to cover its annual cash burn of $164.88M.
Do analysts think it's a good time to buy Transmedics Group stock
Out of 5 Equities analysts who monitor TMDX, the consensus analyst rating on Transmedics Group is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Transmedics Group stock forecast page.
TMDX Technicals
TMDX Growth Metrics
Last year, TMDX revenue was $241.62M. In the last 5 year, TMDX's revenue has grown by 79.36% per year. This was faster than the Medical Devices industry average of 13.35%.
You can research TMDX's earnings and revenue performance here.
What are TMDX insiders up to?
Over the last 12 months, insiders at TMDX have sold more shares than they have bought.
Waleed H. Hassanein, President CEO of TMDX, was the latest TMDX insider to sell. They sold $380,480.00 worth of TMDX stock on Apr 17, 2024.
Research more about who owns TMDX stock here.
Does TMDX provide a stable income stream?
No, Transmedics Group doesn't provide an income stream by paying out dividends.
What others are saying about TMDX
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your TMDX purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you need additional help buying stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your TMDX position
Now that you own some TMDX shares, you'll want to stay up-to-date on your shares.
Put TMDX on a watchlist to track your TMDX stock.
TMDX Feed
How to Buy Stock in Transmedics Group
To summarize, here are the 6 steps for buying Transmedics Group stock:
- Choose where to buy Transmedics Group stock
- Create your brokerage account
- Fund your investment account
- Research Transmedics Group stock
- Place your TMDX purchase
- Get notifications regarding your TMDX position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Transmedics Group, create your watchlist below.
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