Outset Medical Stock Today

OM Stock  USD 1.01  0.10  9.01%   

Performance

11 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Over 71

 
High
 
Low
High
Outset Medical is selling at 1.01 as of the 17th of December 2024; that is 9.01 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.96. Outset Medical has a very high chance of experiencing financial distress in the next few years of operation. However, it had a very good returns during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
15th of September 2020
Category
Healthcare
Classification
Health Care
Outset Medical, Inc., a medical technology company, develops a hemodialysis system for dialysis. Outset Medical, Inc. was incorporated in 2003 and is headquartered in San Jose, California. Outset Medical operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. The company has 52.54 M outstanding shares of which 2.8 M shares are now sold short in the market by investors with about 2.94 days to cover all shorted shares. More on Outset Medical

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Outset Stock Highlights

CEO PresidentLeslie Trigg
Thematic IdeaMedical Equipment (View all Themes)
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Medical Equipment, Health Care, Health Care Equipment & Supplies, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.440.4155
Notably Up
Slightly volatile
Total Current Liabilities42.3 M55.3 M
Way Down
Slightly volatile
Non Current Liabilities Total157.1 M135.6 M
Fairly Up
Slightly volatile
Total Assets333.8 M313.8 M
Notably Up
Slightly volatile
Total Current Assets302.1 M291.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Outset Medical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Outset Medical's financial leverage. It provides some insight into what part of Outset Medical's total assets is financed by creditors.
Liquidity
Outset Medical reports 136.19 M of total liabilities with total debt to equity ratio (D/E) of 0.13, which may suggest the company is not taking enough advantage from financial leverage. Outset Medical has a current ratio of 6.12, indicating that it is in good position to pay out its debt commitments in time. Note however, debt could still be an excellent tool for Outset to invest in growth at high rates of return.

Change In Working Capital

(811,650)
Outset Medical (OM) is traded on NASDAQ Exchange in USA. It is located in 3052 Orchard Drive, San Jose, CA, United States, 95134 and employs 480 people. Outset Medical is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a market capitalization of 58.32 M. Outset Medical is active under Health Care Equipment & Supplies sector as part of Health Care industry. The entity has 52.54 M outstanding shares of which 2.8 M shares are now sold short in the market by investors with about 2.94 days to cover all shorted shares. Outset Medical reports about 227.52 M in cash with (131.37 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.71, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Outset Medical Probability Of Bankruptcy
Ownership Allocation
Outset Medical owns a total of 52.54 Million outstanding shares. Over half of Outset Medical's outstanding shares are owned by third-party entities. These third-party entities are typically referred to as corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Outset Ownership Details

Outset Stock Institutional Holders

InstituionRecorded OnShares
Blackrock Inc2024-06-30
880.5 K
Geode Capital Management, Llc2024-09-30
569 K
Norges Bank2024-06-30
461.4 K
D. E. Shaw & Co Lp2024-09-30
428.6 K
Bank Of Montreal2024-09-30
420.6 K
Bmo Capital Markets Corp.2024-09-30
420.6 K
Deutsche Bank Ag2024-09-30
417.5 K
Two Sigma Advisers, Llc2024-09-30
404.9 K
Assenagon Asset Management Sa2024-09-30
397.6 K
Fmr Inc2024-09-30
4.8 M
Vanguard Group Inc2024-09-30
2.6 M
View Outset Medical Diagnostics

Outset Medical Historical Income Statement

At this time, Outset Medical's Tax Provision is very stable compared to the past year. As of the 17th of December 2024, Interest Income is likely to grow to about 10.7 M, while Depreciation And Amortization is likely to drop about 4.9 M. View More Fundamentals

Outset Stock Against Markets

Outset Medical Corporate Management

Stacey PorterChief OfficerProfile
Mark MSChief OfficerProfile
Steven WilliamsonChief OfficerProfile
Marc NashSenior RDProfile
John JDGeneral SecretaryProfile
Martin VazquezChief OfficerProfile
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Outset Medical. If investors know Outset will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Outset Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.74)
Revenue Per Share
2.235
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.27)
Return On Equity
(1.41)
The market value of Outset Medical is measured differently than its book value, which is the value of Outset that is recorded on the company's balance sheet. Investors also form their own opinion of Outset Medical's value that differs from its market value or its book value, called intrinsic value, which is Outset Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Outset Medical's market value can be influenced by many factors that don't directly affect Outset Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Outset Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Outset Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Outset Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.