WallStreetZenWallStreetZen

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 $82.00, down 7.56% from the previous day, and has increased 2.41% in one year. It has overperformed other stocks in the Medical Devices industry by 0.13 percentage points. Transmedics Group stock is currently +125.15% from its 52-week low of $36.42, and -17.7% 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 $2.68B. In the last 24 hours, 1.37M TMDX shares were traded.

How to Buy Transmedics Group Stock

Wondering how to invest in Transmedics Group stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your payment method and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our favorite brokerage: eToro

We believe that eToro is the best place to buy stocks. eToro gives you:

  • You can invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to global financial markets: From Tech to Healthcare, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
  • Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your stock purchase by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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

  1. 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.
  2. Provide your personal details to start a new trading account.
  1. Send your application by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

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

TMDX Price
$82.00
1w %
-5.74%
1y %
2.41%
5y %
N/A
P/E
-106.49x
P/B
19.55x
P/S
11.03x
PEG
N/A
Revenue
$241.62M
Earnings
-$25.03M
Fore. Rev. Growth
33.48%
Fore. Earn. Growth
N/A
Market Cap
$2.68B
Next Earnings
Apr 29, 2024
Next Dividend
N/A

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 19.55x, relative to Medical Devices industry P/B ratio of 4x

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 4 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

SMA10
86.08
SMA20
86.8
SMA50
83.26
SMA100
70.18
SMA200
71.71
MACD
0.16
MACD Signal
1.14
MACD Histogram
-0.98
RSI
45.82
Stochastic %K
53.08
Stochastic %D
36.9
StochRSI %K
37.91
StochRSI %D
20.86

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 13.02%.

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 bought more shares than they have sold.

Tamer I. Khayal, Chief Commercial Officer of TMDX, was the latest TMDX insider to sell. They sold $22,500.00 worth of TMDX stock on Feb 20, 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.

Click below to learn what other investors have to say.

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:

Open eToro Account

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:

  1. Choose where to buy Transmedics Group stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Research Transmedics Group stock
  5. Place your TMDX purchase
  6. Get notifications regarding your TMDX position

If you require a brokerage account, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your new investment in Transmedics Group, create your watchlist below.

NASDAQ: TMDX
$82.00-6.71 (-7.56%)
Updated Feb 28, 2024
Open eToro Account
NASDAQ: TMDX
$82.00-6.71 (-7.56%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Transmedics Group share?

As of Feb 28, 2024, it costs $82.00 to buy one share of Transmedics Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.122 shares of TMDX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Transmedics Group stock?

According to 4 Wall Street analysts who monitor Transmedics Group, their consensus recommendation is to buy Transmedics Group stock.

What is the best way to buy Transmedics Group stock?

One way to place an order for Transmedics Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.