Is Modular Medical Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: MODD) stock is to Buy MODD stock.
Out of 2 analysts, 0 (0%) are recommending MODD as a Strong Buy, 2 (100%) are recommending MODD as a Buy, 0 (0%) are recommending MODD as a Hold, 0 (0%) are recommending MODD as a Sell, and 0 (0%) are recommending MODD as a Strong Sell.
What is MODD's forecast return on equity (ROE) for 2024-2026?
(NASDAQ: MODD) forecast ROE is -282.95%, which is considered weak.
What is MODD's Price Target?
According to 2 Wall Street analysts that have issued a 1 year MODD price target, the average MODD price target is $4.25, with the highest MODD stock price forecast at $5.00 and the lowest MODD stock price forecast at $3.50.
On average, Wall Street analysts predict that Modular Medical's share price could reach $4.25 by Sep 19, 2024. The average Modular Medical stock price prediction forecasts a potential upside of 282.88% from the current MODD share price of $1.11.
What is MODD's forecast return on assets (ROA) for 2024-2026?
(NASDAQ: MODD) forecast ROA is -239.26%, which is lower than the forecast US Medical Devices industry average of 0%.
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