Outset Medical Inc

Company Profile

Outset Medical Inc had its IPO on 2020-09-15 under the ticker symbol OM.

The company operates in the Healthcare sector and Medical Devices industry. Outset Medical Inc has a staff strength of 518 employees.

Stock update

Shares of Outset Medical Inc opened at $13.69 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $13.15 - $13.77, and closed at $13.27.

This is a -3.7% slip from the previous day's closing price.

A total volume of 310,760 shares were traded at the close of the day’s session.

In the last one week, shares of Outset Medical Inc have slipped by -4.39%.

Outset Medical Inc's Key Ratios

Outset Medical Inc has a market cap of $691.09 million, indicating a price to book ratio of 4.3755 and a price to sales ratio of 10.4222.

In the last 12-months Outset Medical Inc’s revenue was $129.28 million with a gross profit of $17.83 million and an EBITDA of $-162304992. The EBITDA ratio measures Outset Medical Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Outset Medical Inc’s operating margin was -129.79% while its return on assets stood at -28.51% with a return of equity of -69.08%.

In Q2, Outset Medical Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 43.8%.

Outset Medical Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-3.43 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Outset Medical Inc’s profitability.

Outset Medical Inc stock is trading at a EV to sales ratio of 9.2426 and a EV to EBITDA ratio of -6.6374. Its price to sales ratio in the trailing 12-months stood at 10.4222.

Outset Medical Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$334.44 million

Total Liabilities

$48.82 million

Operating Cash Flow

$0

Capital Expenditure

$795000

Dividend Payout Ratio

0%

Outset Medical Inc ended 2024 with $334.44 million in total assets and $0 in total liabilities. Its intangible assets were valued at $334.44 million while shareholder equity stood at $183.11 million.

Outset Medical Inc ended 2024 with $0 in deferred long-term liabilities, $48.82 million in other current liabilities, 50000.00 in common stock, $-876967000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $36.39 million and cash and short-term investments were $222.79 million. The company’s total short-term debt was $1,474,000 while long-term debt stood at $96.63 million.

Outset Medical Inc’s total current assets stands at $309.40 million while long-term investments were $0 and short-term investments were $186.40 million. Its net receivables were $36.90 million compared to accounts payable of $2.22 million and inventory worth $44.50 million.

In 2024, Outset Medical Inc's operating cash flow was $0 while its capital expenditure stood at $795000.

Comparatively, Outset Medical Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$13.27

52-Week High

$30.55

52-Week Low

$11.41

Analyst Target Price

$27.6

Outset Medical Inc stock is currently trading at $13.27 per share. It touched a 52-week high of $30.55 and a 52-week low of $30.55. Analysts tracking the stock have a 12-month average target price of $27.6.

Its 50-day moving average was $16.81 and 200-day moving average was $21.12 The short ratio stood at 14.36 indicating a short percent outstanding of 0%.

Around 99.5% of the company’s stock are held by insiders while 11104.6% are held by institutions.