SurModics Net Worth

SurModics Net Worth Breakdown

  SRDX
The net worth of SurModics is the difference between its total assets and liabilities. SurModics' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of SurModics' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. SurModics' net worth can be used as a measure of its financial health and stability which can help investors to decide if SurModics is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in SurModics stock.

SurModics Net Worth Analysis

SurModics' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including SurModics' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of SurModics' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform SurModics' net worth analysis. One common approach is to calculate SurModics' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares SurModics' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing SurModics' net worth. This approach calculates the present value of SurModics' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of SurModics' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate SurModics' net worth. This involves comparing SurModics' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into SurModics' net worth relative to its peers.

Enterprise Value

410.77 Million

To determine if SurModics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding SurModics' net worth research are outlined below:
SurModics is way too risky over 90 days horizon
SurModics appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 132.58 M. Net Loss for the year was (1.54 M) with profit before overhead, payroll, taxes, and interest of 29 M.
Over 96.0% of the company shares are owned by institutional investors
Latest headline from zacks.com: Why Is Perrigo Down 15.1 percent Since Last Earnings Report

SurModics Quarterly Good Will

43.58 Million

SurModics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in SurModics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SurModics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
13th of November 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of September 2023
Last Financial Announcement
View

SurModics Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SurModics target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. SurModics' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   4  Hold
Most SurModics analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand SurModics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of SurModics, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

SurModics Target Price Projection

SurModics' current and average target prices are 41.91 and 59.50, respectively. The current price of SurModics is the price at which SurModics is currently trading. On the other hand, SurModics' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

SurModics Market Quote on 18th of June 2024

Low Price41.9Odds
High Price42.0Odds

41.91

Target Price

Analyst Consensus On SurModics Target Price

Low Estimate54.15Odds
High Estimate66.05Odds

59.5

Historical Lowest Forecast  54.15 Target Price  59.5 Highest Forecast  66.05
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on SurModics and the information provided on this page.

Know SurModics' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as SurModics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SurModics backward and forwards among themselves. SurModics' institutional investor refers to the entity that pools money to purchase SurModics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Dimensional Fund Advisors, Inc.2024-03-31
383.7 K
Bank Of America Corp2024-03-31
320.4 K
Geode Capital Management, Llc2024-03-31
308.1 K
State Street Corporation2024-03-31
302.1 K
Kennedy Capital Management Inc2024-03-31
138.4 K
Northern Trust Corp2024-03-31
132.8 K
Jacobs Levy Equity Management, Inc.2024-03-31
121.8 K
Salem Investment Counselors Inc2024-03-31
121 K
Charles Schwab Investment Management Inc2024-03-31
111.6 K
Trigran Investments Inc2024-03-31
2.4 M
Blackrock Inc2024-03-31
1.1 M
Note, although SurModics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow SurModics' market capitalization trends

The company currently falls under 'Small-Cap' category with a current market capitalization of 598.27 M.

Market Cap

422.93 Million

Project SurModics' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.02)(0.01)
Return On Capital Employed 0.04  0.03 
Return On Assets(0.01)(0.01)
Return On Equity(0.01)(0.01)
The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.
When accessing SurModics' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures SurModics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of SurModics' profitability and make more informed investment decisions.
The data published in SurModics' official financial statements typically reflect SurModics' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SurModics' quantitative information. For example, before you start analyzing numbers published by SurModics accountants, it’s essential to understand SurModics' liquidity, profitability, and earnings quality within the context of the Health Care Equipment & Supplies space in which it operates.
Please note, the imprecision that can be found in SurModics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SurModics. Check SurModics' Beneish M Score to see the likelihood of SurModics' management manipulating its earnings.

Evaluate SurModics' management efficiency

SurModics has return on total asset (ROA) of 0.0661 % which means that it generated a profit of $0.0661 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1192 %, meaning that it created $0.1192 on every $100 dollars invested by stockholders. SurModics' management efficiency ratios could be used to measure how well SurModics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.01 in 2024. Return On Capital Employed is likely to drop to 0.03 in 2024. At this time, SurModics' Other Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 60.7 M in 2024, whereas Total Assets are likely to drop slightly above 140.7 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 7.69  5.39 
Tangible Book Value Per Share 3.26  4.03 
Enterprise Value Over EBITDA 27.06  43.46 
Price Book Value Ratio 4.32  5.69 
Enterprise Value Multiple 27.06  43.46 
Price Fair Value 4.32  5.69 
Enterprise Value394.4 M410.8 M
The analysis of SurModics' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze SurModics' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of SurModics Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Enterprise Value Revenue
2.7667
Revenue
143 M
Quarterly Revenue Growth
0.175
Revenue Per Share
10.147
Return On Equity
0.1192
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SurModics insiders, such as employees or executives, is commonly permitted as long as it does not rely on SurModics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SurModics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

SurModics Corporate Filings

13A
10th of June 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
8K
29th of May 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
24th of May 2024
Other Reports
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
SurModics time-series forecasting models is one of many SurModics' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary SurModics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

SurModics Earnings Estimation Breakdown

The calculation of SurModics' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of SurModics is estimated to be -0.33 with the future projection ranging from a low of -0.38 to a high of -0.3. Please be aware that this consensus of annual earnings estimates for SurModics is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.07
-0.38
Lowest
Expected EPS
-0.33
-0.3
Highest

SurModics Earnings Projection Consensus

Suppose the current estimates of SurModics' value are higher than the current market price of the SurModics stock. In this case, investors may conclude that SurModics is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and SurModics' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2024Current EPS (TTM)
450.14%
0.07
-0.33
0.96

SurModics Earnings History

Earnings estimate consensus by SurModics analysts from Wall Street is used by the market to judge SurModics' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only SurModics' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

SurModics Quarterly Gross Profit

23.98 Million

Price Earnings To Growth Ratio is likely to rise to 2.93 in 2024, whereas Retained Earnings are likely to drop slightly above 71.6 M in 2024. Common Stock Shares Outstanding is likely to rise to about 13.7 M in 2024, despite the fact that Net Loss is likely to grow to (23.3 M).
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SurModics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
36.3941.7847.17
Details
Intrinsic
Valuation
LowRealHigh
37.7648.6954.08
Details
Naive
Forecast
LowNextHigh
35.7441.1346.51
Details
4 Analysts
Consensus
LowTargetHigh
54.1559.5066.05
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of SurModics assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards SurModics. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving SurModics' stock price in the short term.

SurModics Earnings per Share Projection vs Actual

Actual Earning per Share of SurModics refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering SurModics predict the company's earnings will be in the future. The higher the earnings per share of SurModics, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

SurModics Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as SurModics, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of SurModics should always be considered in relation to other companies to make a more educated investment decision.

SurModics Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact SurModics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-05-01
2024-03-31-0.320.070.39121 
2024-02-01
2023-12-31-0.3-0.060.2480 
2023-11-08
2023-09-300.190.530.34178 
2023-08-02
2023-06-300.050.520.47940 
2023-04-26
2023-03-31-0.51-0.40.1121 
2023-02-06
2022-12-31-0.66-0.50.1624 
2022-11-09
2022-09-30-0.45-0.260.1942 
2022-07-27
2022-06-30-0.38-0.340.0410 
2022-04-27
2022-03-31-0.34-0.220.1235 
2022-02-03
2021-12-31-0.31-0.130.1858 
2021-11-10
2021-09-30-0.25-0.10.1560 
2021-08-04
2021-06-30-0.17-0.170.0
2021-04-28
2021-03-310.630.62-0.01
2021-02-09
2020-12-31-0.090.020.11122 
2020-11-04
2020-09-30-0.08-0.18-0.1125 
2020-08-05
2020-06-300.190.210.0210 
2020-04-29
2020-03-31-0.110.040.15136 
2020-02-05
2019-12-31-0.080.050.13162 
2019-10-31
2019-09-300.370.370.0
2019-07-31
2019-06-300.050.150.1200 
2019-05-01
2019-03-31-0.020.070.09450 
2019-01-30
2018-12-31-0.030.120.15500 
2018-11-09
2018-09-30-0.030.050.08266 
2018-08-06
2018-06-30-0.240.270.51212 
2018-05-02
2018-03-31-0.080.070.15187 
2018-02-08
2017-12-31-0.10.10.2200 
2017-11-08
2017-09-30-0.010.180.191900 
2017-08-03
2017-06-30-0.020.090.11550 
2017-04-27
2017-03-310.070.05-0.0228 
2017-02-02
2016-12-310.090.190.1111 
2016-11-16
2016-09-300.090.260.17188 
2016-07-28
2016-06-300.120.370.25208 
2016-05-02
2016-03-310.090.20.11122 
2016-01-28
2015-12-310.170.380.21123 
2015-11-10
2015-09-300.190.30.1157 
2015-08-05
2015-06-300.210.260.0523 
2015-04-30
2015-03-310.20.19-0.01
2015-01-29
2014-12-310.210.250.0419 
2014-11-06
2014-09-300.250.260.01
2014-07-31
2014-06-300.230.270.0417 
2014-05-01
2014-03-310.20.220.0210 
2014-01-30
2013-12-310.210.210.0
2013-11-05
2013-09-300.220.260.0418 
2013-07-31
2013-06-300.210.210.0
2013-05-07
2013-03-310.210.250.0419 
2013-01-30
2012-12-310.180.220.0422 
2012-11-06
2012-09-300.170.170.0
2012-08-01
2012-06-300.130.170.0430 
2012-05-08
2012-03-310.120.140.0216 
2012-02-02
2011-12-310.110.110.0
2011-11-03
2011-09-300.050.060.0120 
2011-08-03
2011-06-300.040.130.09225 
2010-11-10
2010-09-300.13-1.2469-1.37691059 
2010-07-28
2010-06-300.14-0.05-0.19135 
2010-04-28
2010-03-310.170.1-0.0741 
2010-01-27
2009-12-310.170.11-0.0635 
2009-11-04
2009-09-300.20.16-0.0420 
2009-07-29
2009-06-300.20.20.0
2009-04-29
2009-03-310.190.240.0526 
2009-01-28
2008-12-310.260.16-0.138 
2008-11-05
2008-09-300.28-0.05-0.33117 
2008-07-23
2008-06-300.310.26-0.0516 
2008-04-23
2008-03-310.30.28-0.02
2008-01-23
2007-12-310.310.310.0
2007-11-06
2007-09-300.360.09-0.2775 
2007-07-18
2007-06-300.360.31-0.0513 
2007-04-18
2007-03-310.340.31-0.03
2007-01-24
2006-12-310.340.32-0.02
2006-11-01
2006-09-300.340.340.0
2006-07-19
2006-06-300.330.340.01
2006-04-19
2006-03-310.310.330.02
2006-01-25
2005-12-310.310.350.0412 
2005-10-26
2005-09-300.320.330.01
2005-07-20
2005-06-300.30.320.02
2005-04-20
2005-03-310.270.320.0518 
2005-01-26
2004-12-310.250.320.0728 
2004-10-27
2004-09-300.210.310.147 
2004-07-21
2004-06-300.190.220.0315 
2004-04-21
2004-03-310.250.250.0
2004-01-21
2003-12-310.30.23-0.0723 
2003-10-29
2003-09-300.240.250.01
2003-07-17
2003-06-300.130.260.13100 
2003-04-16
2003-03-310.130.150.0215 
2003-01-16
2002-12-310.10.120.0220 
2002-10-24
2002-09-300.130.150.0215 
2002-07-16
2002-06-300.10.110.0110 
2002-04-16
2002-03-310.090.10.0111 
2002-01-15
2001-12-310.080.080.0
2001-10-25
2001-09-300.120.120.0
2001-07-17
2001-06-300.090.090.0
2001-04-17
2001-03-310.080.090.0112 
2001-01-16
2000-12-310.060.080.0233 
2000-10-26
2000-09-300.070.05-0.0228 
2000-07-18
2000-06-300.040.050.0125 
2000-04-18
2000-03-310.050.060.0120 
2000-01-18
1999-12-310.040.060.0250 
1999-10-29
1999-09-300.030.070.04133 
1999-07-20
1999-06-300.060.080.0233 
1999-04-20
1999-03-310.070.070.0
1999-01-19
1998-12-310.050.060.0120 
1998-11-05
1998-09-300.030.040.0133 
1998-07-21
1998-06-300.030.040.0133 
1998-04-23
1998-03-310.020.030.0150 

SurModics Corporate Management

Charles OlsonSr. VP and General Manager of Medical DeviceProfile
Timothy ArensVP of Corporate Devel. and StrategyProfile
Joseph StichVP and General Manager of In-Vitro DiagnosticsProfile
Gordon WeberGeneral LegalProfile
Teryl SidesSenior InterventionsProfile
John MandersCorporate Controller and Principal Accounting OfficerProfile

Additional Tools for SurModics Stock Analysis

When running SurModics' price analysis, check to measure SurModics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SurModics is operating at the current time. Most of SurModics' value examination focuses on studying past and present price action to predict the probability of SurModics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SurModics' price. Additionally, you may evaluate how the addition of SurModics to your portfolios can decrease your overall portfolio volatility.