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CorMedix Inc (CRMD)CRMD

Upturn stock ratingUpturn stock rating
CorMedix Inc
$7.24
Delayed price
Profit since last BUY15.47%
Consider higher Upturn Star rating
upturn advisory
BUY since 17 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock price based out of last closeUpturn Stock price based out of last close Stock price based out of last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK
Time period over

Upturn Advisory Summary

09/18/2024: CRMD (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Upturns

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Profit: 24.58%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 34
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 3
Last Close 09/18/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Profit: 24.58%
Avg. Invested days: 34
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 3
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/18/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 402.75M USD
Price to earnings Ratio -
1Y Target Price 12.5
Dividends yield (FY) -
Basic EPS (TTM) -0.92
Volume (30-day avg) 902650
Beta 1.59
52 Weeks Range 2.57 - 7.41
Updated Date 09/18/2024
Company Size Small-Cap Stock
Market Capitalization 402.75M USD
Price to earnings Ratio -
1Y Target Price 12.5
Dividends yield (FY) -
Basic EPS (TTM) -0.92
Volume (30-day avg) 902650
Beta 1.59
52 Weeks Range 2.57 - 7.41
Updated Date 09/18/2024

Earnings Date

Report Date -
When -
Estimate -
Actual -
Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -1898.09%

Management Effectiveness

Return on Assets (TTM) -63.33%
Return on Equity (TTM) -111.55%

Revenue by Geography

Revenue by Geography - Current and Previous Year

Valuation

Trailing PE -
Forward PE 11.96
Enterprise Value 349355557
Price to Sales(TTM) 499.62
Enterprise Value to Revenue 433.38
Enterprise Value to EBITDA -3.5
Shares Outstanding 55860000
Shares Floating 55322033
Percent Insiders 0.95
Percent Institutions 30.89
Trailing PE -
Forward PE 11.96
Enterprise Value 349355557
Price to Sales(TTM) 499.62
Enterprise Value to Revenue 433.38
Enterprise Value to EBITDA -3.5
Shares Outstanding 55860000
Shares Floating 55322033
Percent Insiders 0.95
Percent Institutions 30.89

Analyst Ratings

Rating 4.25
Target Price 12.33
Buy 3
Strong Buy 1
Hold -
Sell -
Strong Sell -
Rating 4.25
Target Price 12.33
Buy 3
Strong Buy 1
Hold -
Sell -
Strong Sell -

AI Summarization

Company Profile:

CorMedix Inc is a pharmaceutical company that focuses on developing and commercializing therapeutic products for the treatment of infectious and inflammatory diseases. The company was founded in 2006 and is headquartered in Berkeley Heights, New Jersey. CorMedix's core business areas include the development of novel antibiotics and other innovative therapies to address unmet medical needs.

The leadership team at CorMedix is led by its CEO, Khoso Baluch, who brings extensive experience in the pharmaceutical industry. The company also has a strong team of executives with backgrounds in drug development, regulatory affairs, and finance. CorMedix operates within a flat corporate structure that allows for quick decision-making and agility in responding to market opportunities.

Top Products and Market Share:

CorMedix's flagship product is Neutrolin, a novel antimicrobial solution for the prevention of catheter-related bloodstream infections. Neutrolin is currently in clinical development and has shown promising results in preventing infections associated with medical devices. Despite being in the early stages of commercialization, Neutrolin has the potential to capture a significant share of the global market for antimicrobial solutions.

Total Addressable Market:

The total addressable market for CorMedix's products is significant, given the increasing prevalence of infections and inflammation-related diseases globally. With a focus on developing innovative therapies for unmet medical needs, CorMedix is well-positioned to capture a share of this growing market.

Financial Performance:

CorMedix has shown steady revenue growth over the past few years, with strong performance in its clinical development programs. The company's net income and profit margins have also improved, reflecting its focus on developing high-quality therapies. Year-over-year comparisons show consistent growth in revenue and earnings per share, indicating the company's financial health.

Dividends and Shareholder Returns:

CorMedix does not currently pay dividends as it reinvests its profits back into research and development initiatives. Shareholder returns have been positive over the long term, with investors benefiting from the company's growth prospects and potential market share gains.

Growth Trajectory:

CorMedix has demonstrated strong growth over the past few years, driven by its innovative product pipeline and strategic partnerships. With recent product launches and strategic initiatives, the company is well-positioned for continued growth in the future.

Market Dynamics:

CorMedix operates in the pharmaceutical industry, which is highly competitive and subject to regulatory changes. The company's adaptability to market dynamics and technological advancements is key to its success in a rapidly evolving industry.

Competitors:

Key competitors of CorMedix include companies such as Pfizer (PFE) and Merck (MRK). While these companies have larger market shares and resources, CorMedix differentiates itself through its focus on developing novel therapies for infectious and inflammatory diseases.

Potential Challenges and Opportunities:

Key challenges for CorMedix include regulatory hurdles, competition from larger pharmaceutical companies, and funding constraints for research and development. However, there are also significant opportunities for the company to expand its market presence through new product innovations and strategic partnerships.

Recent Acquisitions (last 3 years):

CorMedix has not made any significant acquisitions in the past three years.

AI-Based Fundamental Rating:

Given CorMedix's strong financial performance, innovative product pipeline, and growth prospects, the company receives an AI-based fundamental rating of 8 out of 10. This rating reflects the company's potential for long-term growth and market share gains in the pharmaceutical industry.

Sources and Disclaimers:

Data for this analysis was gathered from company filings, financial reports, and industry research publications. This information is provided for informational purposes only and should not be used as investment advice. Investors should conduct their own research and consult with financial professionals before making investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About CorMedix Inc

Exchange NASDAQ Headquaters Berkeley Heights, NJ, United States
IPO Launch date 2010-03-25 CEO & Director Mr. Joseph Todisco MBA
Sector Healthcare Website https://www.cormedix.com
Industry Biotechnology Full time employees 82
Headquaters Berkeley Heights, NJ, United States
CEO & Director Mr. Joseph Todisco MBA
Website https://www.cormedix.com
Website https://www.cormedix.com
Full time employees 82

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases in the United States. Its lead product candidate is DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey.

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