Is Zynex Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: ZYXI) stock is to Buy ZYXI stock.
Out of 2 analysts, 0 (0%) are recommending ZYXI as a Strong Buy, 2 (100%) are recommending ZYXI as a Buy, 0 (0%) are recommending ZYXI as a Hold, 0 (0%) are recommending ZYXI as a Sell, and 0 (0%) are recommending ZYXI as a Strong Sell.
What is ZYXI's revenue growth forecast for 2024-2024?
(NASDAQ: ZYXI) Zynex's forecast annual revenue growth rate of N/A is not forecast to beat the US Medical Distribution industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Zynex's revenue in 2024 is $184,322,000.
In 2024, ZYXI is forecast to generate $7,334,801,496 in revenue, with the lowest revenue forecast at $7,334,801,496 and the highest revenue forecast at $7,334,801,496.
What is ZYXI's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: ZYXI) forecast ROA is 22.56%, which is higher than the forecast US Medical Distribution industry average of 4.2%.
What is ZYXI's Price Target?
According to 2 Wall Street analysts that have issued a 1 year ZYXI price target, the average ZYXI price target is $18.00, with the highest ZYXI stock price forecast at $21.00 and the lowest ZYXI stock price forecast at $15.00.
On average, Wall Street analysts predict that Zynex's share price could reach $18.00 by Mar 1, 2025. The average Zynex stock price prediction forecasts a potential upside of 60.28% from the current ZYXI share price of $11.23.
What is ZYXI's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: ZYXI) forecast ROE is 66.95%, which is considered strong.
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