Pediatrix Medical Group Inc (MD) stock price forecast predicts $13.5 value

A share price of Pediatrix Medical Group Inc [MD] is currently trading at $14.01, down -1.48%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MD shares have lost -1.34% over the last week, with a monthly amount drifted -3.18%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Jefferies upgraded its rating to Buy on September 26, 2024, and elevated its price target to $14. On June 07, 2024, upgrade upgraded it’s rating to Hold but maintained its price target of $8 on the stock. SVB Leerink started tracking the stock assigning a Mkt Perform rating and suggested a price target of $29 on September 27, 2021. Deutsche Bank downgraded its rating to Sell for this stock on October 19, 2020, and downed its price target to $12. In a note dated January 03, 2020, Citigroup downgraded an Neutral rating on this stock but restated the target price of $29.

Pediatrix Medical Group Inc experienced fluctuations in its stock price throughout the past year between $6.62 and $16.41. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. Pediatrix Medical Group Inc [NYSE: MD] shares were valued at $14.01 at the most recent close of the market. An investor can expect a potential drop of -3.64% based on the average MD price forecast.

Analyzing the MD fundamentals

Trailing Twelve Months sales for Pediatrix Medical Group Inc [NYSE:MD] were 2.01B which represents 0.90% growth. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.32 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 0.88.

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 13.64 points at the first support level, and at 13.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.50, and for the 2nd resistance point, it is at 14.99.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Pediatrix Medical Group Inc [NYSE:MD] is 1.42. Further, the Quick Ratio stands at 1.42, while the Cash Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.64.

Transactions by insiders

Recent insider trading involved ORDAN MARK S, Director, that happened on Nov 13 ’24 when 27600.0 shares were sold. Director, ORDAN MARK S completed a deal on Nov 13 ’24 to buy 27600.0 shares. Meanwhile, EVP, GC, Chief Admin Off & Sec Moore Mary Ann E sold 8108.0 shares on Nov 08 ’24.

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