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KORU Medical Systems NasdaqCM:KRMD Stock Report

Last Price

US$2.44

Market Cap

US$108.7m

7D

10.4%

1Y

-9.6%

Updated

28 Aug, 2024

Data

Company Financials +

KORU Medical Systems, Inc.

NasdaqCM:KRMD Stock Report

Market Cap: US$108.7m

KRMD Stock Overview

Develops and manufactures medical devices and supplies in the United States and internationally.

About the company

KRMD fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Revenue is forecast to grow 15.23% per year
Analysts in good agreement that stock price will rise by 47.5%

Risk Analysis

Volatile share price over the past 3 months
Currently unprofitable and not forecast to become profitable over the next 3 years

KORU Medical Systems, Inc. Competitors

Sensus Healthcare

NasdaqCM:SRTS

US$104.6m

Myomo

NYSEAM:MYO

US$120.0m

FONAR

NasdaqCM:FONR

US$111.9m

Electromed

NYSEAM:ELMD

US$138.9m

Price History & Performance

Summary of all time highs, changes and price drops for KORU Medical Systems
Historical stock prices
Current Share PriceUS$2.44
52 Week HighUS$3.12
52 Week LowUS$1.98
Beta0.40
11 Month Change3.83%
3 Month Change15.64%
1 Year Change-9.63%
33 Year Change-24.22%
5 Year Change-28.24%
Change since IPO6,000.00%

Recent News & Updates

We're Interested To See How KORU Medical Systems (NASDAQ:KRMD) Uses Its Cash Hoard To Grow

Aug 29
We're Interested To See How KORU Medical Systems (NASDAQ:KRMD) Uses Its Cash Hoard To Grow

KORU Medical Systems, Inc. (NASDAQ:KRMD) Doing What It Can To Lift Shares

Jul 30
KORU Medical Systems, Inc. (NASDAQ:KRMD) Doing What It Can To Lift Shares

Recent updates

We're Interested To See How KORU Medical Systems (NASDAQ:KRMD) Uses Its Cash Hoard To Grow

Aug 29
We're Interested To See How KORU Medical Systems (NASDAQ:KRMD) Uses Its Cash Hoard To Grow

KORU Medical Systems, Inc. (NASDAQ:KRMD) Doing What It Can To Lift Shares

Jul 30
KORU Medical Systems, Inc. (NASDAQ:KRMD) Doing What It Can To Lift Shares

Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Revenues

Feb 15
Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Revenues

We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely

Sep 21
We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely

Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Earnings Pushing Shares 28% Lower

Jul 14
Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Earnings Pushing Shares 28% Lower

We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate

Sep 27
We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate

Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans

Oct 27
Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans

Analysts Have Been Trimming Their Repro Med Systems, Inc. (NASDAQ:KRMD) Price Target After Its Latest Report

Aug 14
Analysts Have Been Trimming Their Repro Med Systems, Inc. (NASDAQ:KRMD) Price Target After Its Latest Report

Is Repro Med Systems, Inc.'s (NASDAQ:KRMD) Shareholder Ownership Skewed Towards Insiders?

Feb 22
Is Repro Med Systems, Inc.'s (NASDAQ:KRMD) Shareholder Ownership Skewed Towards Insiders?

Returns On Capital At Repro Med Systems (NASDAQ:KRMD) Paint An Interesting Picture

Jan 27
Returns On Capital At Repro Med Systems (NASDAQ:KRMD) Paint An Interesting Picture

KORU Medical Systems: A Razor & Razor Blade Story

Jan 11

Is Repro Med Systems, Inc. (NASDAQ:KRMD) Trading At A 50% Discount?

Dec 29
Is Repro Med Systems, Inc. (NASDAQ:KRMD) Trading At A 50% Discount?

Have Insiders Been Buying Repro Med Systems, Inc. (NASDAQ:KRMD) Shares This Year?

Dec 03
Have Insiders Been Buying Repro Med Systems, Inc. (NASDAQ:KRMD) Shares This Year?

Shareholder Returns

KRMDUS Medical EquipmentUS Market
7D10.4%0.9%-0.8%
1Y-9.6%9.2%21.5%

Return vs Industry: KRMD underperformed the US Medical Equipment industry which returned 10.2% over the past year.

Return vs Market: KRMD underperformed the US Market which returned 22.9% over the past year.

Price Volatility

Is KRMD's price volatile compared to industry and market?
KRMD volatility
KRMD Average Weekly Movement10.3%
Medical Equipment Industry Average Movement8.6%
Market Average Movement6.3%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: KRMD has not had significant price volatility in the past 3 months.

Volatility Over Time: KRMD's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
198082Linda Tharbywww.korumedical.com

KORU Medical Systems, Inc. develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria. Its products include the FREEDOM60 syringe infusion system, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing products.

KORU Medical Systems, Inc. Fundamentals Summary

How do KORU Medical Systems's earnings and revenue compare to its market cap?
KRMD fundamental statistics
Market capUS$108.68m
Earnings (TTM)-US$11.76m
Revenue (TTM)US$30.82m

3.6x

P/S Ratio

-9.5x

P/E Ratio

Is KRMD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRMD income statement (TTM)
RevenueUS$30.82m
Cost of RevenueUS$11.56m
Gross ProfitUS$19.26m
Other ExpensesUS$31.02m
Earnings-US$11.76m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.26
Gross Margin62.49%
Net Profit Margin-38.16%
Debt/Equity Ratio0%

How did KRMD perform over the long term?

See historical performance and comparison