Pediatrix Medical Group Inc (MD) stock forecast: Can it reach its 52-week high of $13.01

At the time of writing, Pediatrix Medical Group Inc [MD] stock is trading at $11.36, up 8.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The MD shares have gain 4.51% over the last week, with a monthly amount glided 2.62%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Pediatrix Medical Group Inc [NYSE: MD] stock has seen the most recent analyst activity on September 26, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $14 from $8. Previously, Deutsche Bank upgraded its rating to Hold on June 07, 2024, and kept the price target unchanged to $8. On September 27, 2021, SVB Leerink initiated with a Mkt Perform rating and assigned a price target of $29 on the stock. Deutsche Bank downgraded its rating to a Sell and reduced its price target to $12 on October 19, 2020. Citigroup downgraded its rating to Neutral for this stock on January 03, 2020, but kept the price target unchanged to $29. In a note dated December 12, 2019, Stifel upgraded an Buy rating on this stock and boosted its target price from $25 to $33.

For the past year, the stock price of Pediatrix Medical Group Inc fluctuated between $6.62 and $13.01. Currently, Wall Street analysts expect the stock to reach $18.4 within the next 12 months. Pediatrix Medical Group Inc [NYSE: MD] shares were valued at $11.36 at the most recent close of the market. An investor can expect a potential return of 61.97% based on the average MD price forecast.

Analyzing the MD fundamentals

According to Pediatrix Medical Group Inc [NYSE:MD], the company’s sales were 2.00B for trailing twelve months, which represents an 0.74% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.28 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.94 points at the first support level, and at 10.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.78, and for the 2nd resistance point, it is at 12.19.

Ratios To Look Out For

It is important to note that Pediatrix Medical Group Inc [NYSE:MD] has a current ratio of 1.38. On the other hand, the Quick Ratio is 1.38, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 1.38.

Transactions by insiders

Recent insider trading involved Swift James D, Chief Executive Officer, that happened on Aug 30 ’24 when 11100.0 shares were sold. Officer, Swift James D completed a deal on Aug 30 ’24 to buy 11100.0 shares. Meanwhile, Director Linynsky Laura A sold 7000.0 shares on Aug 27 ’24.

Related Posts