Equities research analysts expect that TherapeuticsMD, Inc. (NASDAQ:TXMD) will post sales of $26.65 million for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for TherapeuticsMD’s earnings, with the highest sales estimate coming in at $27.94 million and the lowest estimate coming in at $25.35 million. TherapeuticsMD posted sales of $19.34 million during the same quarter last year, which would indicate a positive year over year growth rate of 37.8%. The firm is scheduled to issue its next quarterly earnings report on Monday, November 8th.
On average, analysts expect that TherapeuticsMD will report full-year sales of $99.45 million for the current financial year, with estimates ranging from $97.04 million to $101.85 million. For the next financial year, analysts forecast that the business will post sales of $202.97 million, with estimates ranging from $180.73 million to $225.21 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that follow TherapeuticsMD.
TherapeuticsMD (NASDAQ:TXMD) last announced its earnings results on Wednesday, August 4th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.11). The business had revenue of $23.00 million for the quarter, compared to analyst estimates of $22.63 million.
In other TherapeuticsMD news, Director Paul Bisaro acquired 50,000 shares of the company’s stock in a transaction on Monday, August 16th. The shares were bought at an average cost of $0.79 per share, for a total transaction of $39,500.00. Following the acquisition, the director now directly owns 196,864 shares of the company’s stock, valued at $155,522.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO James Darecca sold 93,337 shares of TherapeuticsMD stock in a transaction that occurred on Thursday, August 12th. The stock was sold at an average price of $0.87, for a total value of $81,203.19. The disclosure for this sale can be found here. Insiders bought a total of 961,000 shares of company stock worth $697,070 over the last ninety days. Corporate insiders own 8.80% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in TXMD. Schonfeld Strategic Advisors LLC acquired a new position in TherapeuticsMD during the 2nd quarter worth $28,000. Walleye Capital LLC acquired a new position in TherapeuticsMD during the 1st quarter worth $31,000. Procyon Private Wealth Partners LLC acquired a new position in TherapeuticsMD during the 2nd quarter worth $38,000. Royal Bank of Canada boosted its position in TherapeuticsMD by 767.7% during the 1st quarter. Royal Bank of Canada now owns 32,973 shares of the company’s stock worth $43,000 after acquiring an additional 29,173 shares during the period. Finally, Nisa Investment Advisors LLC acquired a new position in TherapeuticsMD during the 2nd quarter worth $45,000. Institutional investors and hedge funds own 39.87% of the company’s stock.
TXMD traded down $0.01 on Friday, hitting $0.71. 7,069,428 shares of the company’s stock were exchanged, compared to its average volume of 9,470,337. The firm has a 50-day moving average price of $0.89 and a 200-day moving average price of $1.14. The stock has a market cap of $300.61 million, a price-to-earnings ratio of -1.45 and a beta of 1.89. TherapeuticsMD has a fifty-two week low of $0.68 and a fifty-two week high of $2.75.
TherapeuticsMD Company Profile
TherapeuticsMD, Inc operates as a pharmaceutical company. It focuses on the development and commercialization of products for women. The firm’s technology, SYMBODA, develops advanced hormone therapy pharmaceutical products to enable delivery of bio-identical hormones through a variety of dosage forms and administration routes.
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