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ZYXI

ZYXI - Zynex Inc Stock Price, Fair Value and News

11.96USD+0.05 (+0.42%)Market Closed

Market Summary

ZYXI
USD11.96+0.05
Market Closed
0.42%

ZYXI Stock Price

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ZYXI RSI Chart

ZYXI Valuation

Market Cap

384.8M

Price/Earnings (Trailing)

39.54

Price/Sales (Trailing)

2.09

EV/EBITDA

27.53

Price/Free Cashflow

23.25

ZYXI Price/Sales (Trailing)

ZYXI Profitability

EBT Margin

6.82%

Return on Equity

21.1%

Return on Assets

7.11%

Free Cashflow Yield

4.3%

ZYXI Fundamentals

ZYXI Revenue

Revenue (TTM)

184.3M

Rev. Growth (Yr)

-3.11%

Rev. Growth (Qtr)

-5.27%

ZYXI Earnings

Earnings (TTM)

9.7M

Earnings Growth (Yr)

-83.7%

Earnings Growth (Qtr)

-66.19%

Breaking Down ZYXI Revenue

Last 7 days

-4.8%

Last 30 days

-4.7%

Last 90 days

20.4%

Trailing 12 Months

0.2%

How does ZYXI drawdown profile look like?

ZYXI Financial Health

Current Ratio

4.74

Debt/Equity

1.24

Debt/Cashflow

0.31

ZYXI Investor Care

Buy Backs (1Y)

12.19%

Diluted EPS (TTM)

0.27

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023169.3M177.4M185.8M184.3M
2022137.3M143.0M149.7M158.2M
202189.0M100.8M115.5M130.3M
202051.5M60.5M68.7M80.1M
201934.2M37.0M40.6M45.5M
201826.9M29.4M30.7M31.9M
201713.3M15.0M18.2M23.4M
201611.9M12.1M13.1M13.3M
201511.1M12.9M11.1M11.6M
201417.2M13.1M12.3M11.1M
201338.4M33.9M29.0M21.7M
201236.5M38.1M38.8M39.7M
201126.6M29.1M31.6M34.1M
201000024.1M
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Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of Zynex Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 25, 2024
lucsok anna
sold (taxes)
-97,741
12.74
-7,672
chief operating officer
Mar 25, 2024
sandgaard thomas
sold (taxes)
-28,894
12.74
-2,268
president, ceo and chairman
Mar 25, 2024
moorhead daniel j
sold (taxes)
-77,510
12.74
-6,084
chief financial officer
Mar 05, 2024
moorhead daniel j
acquired
-
-
5,000
chief financial officer
Jan 27, 2024
lucsok anna
acquired
-
-
5,000
chief operating officer
Dec 05, 2023
moorhead daniel j
acquired
-
-
5,000
chief financial officer
Oct 27, 2023
sandgaard thomas
acquired
-
-
9,178
president, ceo and chairman
Oct 27, 2023
lucsok anna
acquired
-
-
8,671
chief operating officer
Oct 27, 2023
moorhead daniel j
acquired
-
-
9,178
chief financial officer
Oct 16, 2023
sandgaard thomas
acquired
41,800
0.2
209,000
president, ceo and chairman

1–10 of 50

Which funds bought or sold ZYXI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
Bridge City Capital, LLC
added
4.05
355,435
2,309,050
0.84%
Apr 11, 2024
Radnor Capital Management, LLC
unchanged
-
20,000
168,000
0.03%
Apr 11, 2024
CONGRESS ASSET MANAGEMENT CO /MA
added
1.05
188,537
1,464,310
0.01%
Apr 11, 2024
Fortitude Family Office, LLC
new
-
10,589
10,589
0.01%
Apr 05, 2024
CWM, LLC
added
160
-
-
-%
Apr 05, 2024
GAMMA Investing LLC
unchanged
-
146
3,414
-%
Apr 03, 2024
WealthCollab, LLC
new
-
2,277
2,277
-%
Mar 22, 2024
PNC Financial Services Group, Inc.
sold off
-100
-10,592
-
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-1.31
3,287,530
12,861,000
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
170
2,256,020
3,097,880
-%

1–10 of 45

Are Funds Buying or Selling ZYXI?

Are funds buying ZYXI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ZYXI
No. of Funds

Unveiling Zynex Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Oct 06, 2023
blackrock inc.
4.1%
1,477,842
SC 13G/A
May 24, 2023
sandgaard thomas
44.6%
16,331,423
SC 13D/A
Feb 01, 2023
blackrock inc.
9.1%
3,396,632
SC 13G/A
Feb 07, 2022
blackrock inc.
8.7%
3,035,364
SC 13G/A
Feb 02, 2021
blackrock inc.
8.3%
2,900,347
SC 13G
Dec 02, 2020
sandgaard thomas
43.66%
15,281,821
SC 13D/A
Jul 20, 2020
sandgaard thomas
36.5%
15,256,642
SC 13D/A
Mar 04, 2020
sandgaard thomas
42.84%
16,631,392
SC 13D/A

Recent SEC filings of Zynex Inc

View All Filings
Date Filed Form Type Document
Apr 12, 2024
DEFA14A
DEFA14A
Apr 01, 2024
DEF 14A
DEF 14A
Mar 26, 2024
4
Insider Trading
Mar 26, 2024
4
Insider Trading
Mar 26, 2024
4
Insider Trading
Mar 12, 2024
10-K
Annual Report
Mar 06, 2024
4
Insider Trading
Feb 29, 2024
8-K
Current Report
Jan 29, 2024
4
Insider Trading

Peers (Alternatives to Zynex Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
188.9B
40.1B
-5.73% 4.72%
33.01
4.71
-8.12% -17.45%
67.8B
19.5B
-0.88% -8.17%
53.97
3.48
4.02% -22.04%
22.9B
3.9B
-3.10% -11.00%
51.41
5.92
3.42% 23.09%
20.3B
14.8B
-3.77% -6.99%
7.66
1.37
2.12% 209.17%
MID-CAP
9.1B
3.5B
-1.99% 15.94%
32.07
2.62
4.97% 18.89%
9.1B
12.3B
-5.16% -14.19%
21.85
0.74
-2.44% -22.68%
8.8B
2.7B
-9.88% -37.29%
-13.77
3.29
-4.68% 82.43%
6.4B
4.0B
-5.94% -24.93%
-47.62
1.62
1.10% 85.84%
3.4B
366.4M
-0.71% 17.46%
-565.84
9.37
33.86% 89.83%
2.3B
6.6B
-6.94% -4.63%
11.73
0.35
2.78% -0.87%
SMALL-CAP
1.3B
3.2B
-3.79% -17.24%
-1.94
0.41
7.73% -1066.14%
376.4M
166.7M
-0.35% -8.55%
-4.55
2.26
6.67% -456.34%
253.5M
324.0M
17.88% -30.36%
-1.32
0.78
-3.19% -337.41%
47.8M
52.3M
-22.91% -54.00%
-2.55
0.91
17.61% 19.28%
3.8M
3.7M
-16.18% 262.50%
-0.31
1.01
5.77% 8.23%

Zynex Inc News

Latest updates
Defense World • 01 Apr 2024 • 07:00 am
InvestorsObserver • 15 Mar 2024 • 07:00 am
PR Newswire • 29 Feb 2024 • 08:00 am
Seeking Alpha • 29 Feb 2024 • 08:00 am
Zacks Investment Research • 29 Feb 2024 • 08:00 am
StockNews.com • 3 months ago

Zynex Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-5.3%47.0050.0045.0042.0049.0042.0037.0031.0040.0035.0031.0024.0026.0020.0019.0015.0014.0012.0010.009.009.00
Costs and Expenses1.3%45.0044.0042.0042.0039.0035.0032.0029.0029.0027.0027.0025.0023.0019.0015.0013.0010.009.008.007.006.00
  S&GA Expenses-2.1%22.0022.0022.0021.0019.0017.0016.0014.0014.0013.0014.0014.0012.009.007.006.005.004.003.002.002.00
EBITDA Margin-34.2%0.08*0.12*0.13*0.14*0.15*0.17*0.19*0.20*0.19*0.13*0.08*0.09*---------
Interest Expenses100.0%--0.33-0.32-0.08-0.09-0.11-0.11-0.12-0.02-0.02-0.04-0.010.000.000.000.00-0.010.00---0.15
Income Taxes3.2%1.001.001.000.002.001.001.001.003.002.001.00-0.380.000.001.00-0.501.000.000.001.000.00
Earnings Before Taxes-61.0%2.005.004.002.0010.006.004.002.0012.008.004.00-1.092.001.004.002.004.002.003.003.003.00
EBT Margin-37.7%0.07*0.11*0.12*0.13*0.14*0.16*0.18*0.18*0.17*0.11*0.06*0.07*---------
Net Income-66.2%1.004.003.002.007.005.003.001.009.006.003.00-0.712.001.003.003.003.002.002.002.003.00
Net Income Margin-38.6%0.05*0.09*0.10*0.10*0.11*0.12*0.14*0.14*0.13*0.09*0.05*0.06*---------
Free Cashflow-35.2%6.009.001.002.005.007.00-0.322.007.004.001.00-5.60---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-9.6%13715115311111611512013213391.0084.0070.0072.0065.0037.0033.0028.0025.0022.0019.0019.00
  Current Assets-14.6%88.0010310865.0070.0067.0071.0082.0083.0070.0062.0061.0063.0058.0030.0026.0023.0019.0016.0014.0014.00
    Cash Equivalents4.8%45.0043.0059.0017.0020.0024.0027.0039.0043.0035.0032.0033.0039.0041.0017.0015.0014.0012.0010.009.0010.00
  Inventory-7.6%13.0014.0014.0014.0013.0014.0015.0013.0011.009.0010.0011.009.006.005.003.002.002.001.002.001.00
  Net PPE26.2%3.002.002.002.002.002.002.002.002.002.002.002.002.002.001.001.001.001.001.001.001.00
  Goodwill0%20.0020.0020.0020.0020.0020.0020.0020.0020.00------------
Liabilities-2.2%91.0093.0090.0047.0050.0050.0051.0056.0059.0027.0026.0014.0015.0011.0010.0010.009.008.008.007.0010.00
  Current Liabilities-6.6%19.0020.0014.0021.0021.0020.0019.0022.0023.0010.009.009.0010.007.006.006.005.005.004.004.007.00
  Short Term Borrowings----5.005.005.005.00-5.00------------
  Long Term Debt-100.0%-57.0057.004.00-7.008.009.0011.00------------
    LT Debt, Non Current0.4%58.0057.0057.00------------------
Shareholder's Equity-21.3%46.0059.0062.0064.0066.0065.0069.0076.0074.0063.0057.0056.0057.0054.0027.0023.0020.0016.0014.0012.009.00
  Retained Earnings4.8%27.0026.0022.0019.0017.0010.005.001.00-32.0026.0023.0023.0022.0020.0017.0014.0011.009.007.005.00
  Additional Paid-In Capital0.4%91.0091.0083.0082.0082.0082.0081.0081.0080.0038.0038.0037.0037.0036.0011.0010.009.009.009.008.008.00
Shares Outstanding-3.8%33.0034.0036.0037.0037.0038.0039.0040.0040.0038.0038.0038.00---------
Minority Interest---------------0.09-0.09-0.09-0.09-0.09-0.09-0.09-0.09
Float-------175---308---422---292--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-30.4%6,1888,8937411,9344,7577,411-1761,7547,5383,6891,027-5,305-1,696-7692,6516322,0981,8416001,7642,641
  Share Based Compensation3.2%675654660307640578535589588533401108875730579497264258158140-
Cashflow From Investing194.2%9,424-10,006-210-174-86.00-120-140-72.00-16,186-66.00-55.00-299-226-105-357-297-28.009.00-95.00-46.00-191
Cashflow From Financing10.4%-13,550-15,11941,426-5,112-8,059-10,636-12,054-5,04715,892-585-2,081-130-13425,18737.0021036.0030.00130-2,427-418
  Dividend Payments-2.00------3,6131.00--------3.00-2,259-
  Buy Backs-6.2%14,00314,9346,1153,3536,6159,15610,655--1,0395472,04575.00-------171387

ZYXI Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
NET REVENUE  
Total net revenue$ 184,322$ 158,167
COSTS OF REVENUE AND OPERATING EXPENSES  
Costs of revenue - devices and supplies38,36632,005
Sales and marketing86,65967,116
General and administrative48,51736,108
Total costs of revenue and operating expenses173,542135,229
Income from operations10,78022,938
Other income (expense)  
Gain on sale of fixed assets39 
Gain (loss) on change in fair value of contingent consideration2,854(300)
Interest expense, net(1,094)(440)
Other income (expense), net1,799(740)
Income from operations before income taxes12,57922,198
Income tax expense2,8475,150
Net income$ 9,732$ 17,048
Net income per share:  
Basic$ 0.27$ 0.44
Diluted$ 0.27$ 0.44
Weighted average basic shares outstanding35,555,00038,467,000
Weighted average diluted shares outstanding36,142,00039,127,000
Devices  
NET REVENUE  
Total net revenue$ 58,822$ 43,497
Supplies  
NET REVENUE  
Total net revenue$ 125,500$ 114,670

ZYXI Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 44,579$ 20,144
Accounts receivable, net26,83835,063
Inventory, net13,10613,484
Prepaid expenses and other3,332868
Total current assets87,85569,559
Property and equipment, net3,1142,175
Operating lease asset12,51512,841
Finance lease asset587270
Deposits409591
Intangible assets, net of accumulated amortization8,1589,067
Goodwill20,40120,401
Deferred income taxes3,8651,562
Total assets136,904116,466
Current liabilities:  
Accounts payable and accrued expenses8,4335,617
Operating lease liability3,7292,476
Finance lease liability196128
Income taxes payable6331,995
Current portion of debt 5,333
Accrued payroll and related taxes5,5415,537
Total current liabilities18,53221,086
Long-term liabilities:  
Long-term portion of debt, less issuance costs 5,293
Convertible senior notes, less issuance costs57,605 
Contingent consideration 10,000
Operating lease liability14,18113,541
Finance lease liability457188
Total liabilities90,77550,108
Commitments and contingencies
Stockholders' equity:  
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued and outstanding as of December 31, 2023 and December 31, 2022
Common stock, $0.001 par value; 100,000,000 shares authorized; 41,980,166 issued and 32,933,776 outstanding as of December 31, 2023, 41,658,132 issued and 36,825,081 outstanding as of December 31, 20223339
Additional paid-in capital90,87882,431
Treasury stock of 8,545,044 and 4,253,015 shares at December 31, 2023 and December 31, 2022, respectively, at cost(71,562)(33,160)
Retained earnings26,78017,048
Total stockholders' equity46,12966,358
Total liabilities and stockholders' equity$ 136,904$ 116,466
ZYXI
Zynex, Inc., together with 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. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography and electric stimulation technology device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; and E-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body, and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, and knee braces for knee support. Further, it offers Zynex Fluid Monitoring System (CM-1500), a fluid volume monitor, which is a non-invasive medical device for monitoring relative fluid volume changes used in operating and recovery rooms to detect fluid loss during surgery and internal bleeding during recovery; Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser-based noninvasive co-oximeter; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; hemodynamic monitoring; and pulse oximetry monitoring. It sells its products through direct sales force primarily in the United States. Zynex, Inc. was founded in 1996 and is headquartered in Englewood, Colorado.
 CEO
 WEBSITEzynex.com
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES900

Zynex Inc Frequently Asked Questions


What is the ticker symbol for Zynex Inc? What does ZYXI stand for in stocks?

ZYXI is the stock ticker symbol of Zynex Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Zynex Inc (ZYXI)?

As of Mon Apr 15 2024, market cap of Zynex Inc is 384.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ZYXI stock?

You can check ZYXI's fair value in chart for subscribers.

What is the fair value of ZYXI stock?

You can check ZYXI's fair value in chart for subscribers. The fair value of Zynex Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Zynex Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ZYXI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Zynex Inc a good stock to buy?

The fair value guage provides a quick view whether ZYXI is over valued or under valued. Whether Zynex Inc is cheap or expensive depends on the assumptions which impact Zynex Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ZYXI.

What is Zynex Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, ZYXI's PE ratio (Price to Earnings) is 39.54 and Price to Sales (PS) ratio is 2.09. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ZYXI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Zynex Inc's stock?

In the past 10 years, Zynex Inc has provided 0.438 (multiply by 100 for percentage) rate of return.