Preview: Zynex's Earnings
Portfolio Pulse from Benzinga Insights
Zynex (NASDAQ:ZYXI) is set to announce its quarterly earnings on October 24, 2024. Analysts expect an EPS of $0.06. The company's past performance shows mixed results, with a significant share price drop following the last earnings miss. Zynex's shares have risen 16.5% over the past year, and analysts maintain a 'Buy' rating with a price target of $13.75, indicating a potential 61.2% upside. Zynex leads its peers in revenue growth, gross profit, and return on equity.
October 23, 2024 | 8:01 pm
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Zynex is expected to announce its quarterly earnings with an EPS estimate of $0.06. The company's past earnings misses have led to significant share price drops. However, analysts maintain a 'Buy' rating with a price target of $13.75, suggesting a potential 61.2% upside.
Zynex's upcoming earnings announcement is crucial as past earnings misses have led to significant share price declines. The current 'Buy' rating and high price target suggest positive market sentiment, potentially driving the stock price up if earnings meet or exceed expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100