Apyx Medical (APYX) to Release Quarterly Earnings on Wednesday

Apyx Medical (NASDAQ:APYX) will release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Apyx Medical to post earnings of ($0.19) per share for the quarter. Apyx Medical has set its FY 2019 guidance at EPS.

Apyx Medical (NASDAQ:APYX) last announced its earnings results on Wednesday, March 13th. The company reported ($0.10) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.10). Apyx Medical had a net margin of 206.55% and a negative return on equity of 8.95%. The business had revenue of $5.93 million for the quarter, compared to the consensus estimate of $5.95 million. During the same quarter in the prior year, the firm posted ($0.09) earnings per share. The business’s revenue for the quarter was up 62.0% on a year-over-year basis. On average, analysts expect Apyx Medical to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of APYX opened at $5.77 on Tuesday. Apyx Medical has a twelve month low of $3.54 and a twelve month high of $8.89. The firm has a market capitalization of $181.77 million, a PE ratio of -19.93 and a beta of 0.24.

Several brokerages have recently weighed in on APYX. ValuEngine raised shares of Apyx Medical from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 29th. Dougherty & Co reduced their target price on shares of Apyx Medical from $12.00 to $9.00 and set a “buy” rating on the stock in a research note on Tuesday, April 2nd. JMP Securities reduced their target price on shares of Apyx Medical from $12.00 to $8.00 and set a “market outperform” rating on the stock in a research note on Tuesday, April 2nd. Zacks Investment Research downgraded shares of Apyx Medical from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 18th. Finally, Piper Jaffray Companies increased their target price on shares of Apyx Medical to $10.00 and gave the company an “overweight” rating in a research note on Monday, February 11th. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $9.00.

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Apyx Medical Company Profile

Apyx Medical Corporation, a medical technology company, manufactures and sells medical devices in the cosmetic and surgical markets worldwide. It operates through two segments, Advanced Energy and original equipment manufacturing (OEM). The company develops J-Plasma, a patented plasma-based surgical product for cutting, coagulation, and ablation of soft tissue.

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Earnings History for Apyx Medical (NASDAQ:APYX)

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