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Home โบ Stocks โบ Psychemedics Corporation (PMD) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Diagnostics & Research
$2.26
-0.10 (-4.24%)10 Quality Stocks Worth Considering Now
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PMD has shown a year-to-date change of 0.9% and a 1-year change of -11.4%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for PMD. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PMD.
Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to Psychemedics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Psychemedics Corporation has a market capitalization of $15.74M with a P/E ratio of 0.0x. The company generates $20.79M in trailing twelve-month revenue with a -21.9% profit margin.
Revenue growth is -14.6% quarter-over-quarter, while maintaining an operating margin of -19.0% and return on equity of -61.3%.
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Provides drug testing services using hair analysis.
The company generates revenue by offering drug testing services that analyze hair samples for various substances, including illegal drugs and prescription medications. Their tests are used by employers for screening potential hires and ongoing employee monitoring, as well as by treatment professionals and law enforcement for monitoring drug use.
Founded in 1986 and based in Dallas, Texas, Psychemedics Corporation employs mass spectrometry for accurate screening and confirmation of drug use. Their testing provides both quantitative data on drug ingestion and historical patterns, which can be critical for understanding long-term substance use.
Healthcare
Diagnostics & Research
116
Mr. Brian Hullinger
United States
1994
Psychemedics Corporation (Nasdaq: PMD) announced a 1-for-5,000 reverse stock split followed by a 5,000-for-1 forward stock split, effective December 3, 2024, with trading resuming December 4.
The stock split indicates significant corporate restructuring, potentially affecting share liquidity and perceived value, which can impact trading behavior and investor sentiment.
Psychemedics Corporation (NASDAQ: PMD) reported its third-quarter financial results for the period ending September 30, 2024. Further details on performance were not provided in the excerpt.
Psychemedics' Q3 financial results can impact stock performance, reflecting growth or challenges in the drug testing market, influencing investor sentiment and future valuations.
Psychemedics Corporation (NASDAQ: PMD) has released its first Education Insights Report, expanding its offerings in hair testing for drug abuse.
Psychemedics' Education Insights Report could enhance its market position, attract new clients, and drive revenue growth, influencing stock performance positively.
Psychemedics Corporation (NASDAQ: PMD) reported its financial results for Q2 2024, ending June 30. Further details on performance were not included in the excerpt.
Psychemedics' Q2 financial results could indicate growth or challenges, impacting stock performance and investor sentiment regarding the company's market position and future profitability.
Psychemedics Corporation plans to delist from Nasdaq and cease common stock registration after a reverse stock split, pending shareholder approval at the 2024 Annual Meeting.
Psychemedics plans to delist from Nasdaq and cease federal registration, indicating potential financial distress and reduced market visibility, impacting liquidity and investor confidence.
Psychemedics Corporation (NASDAQ: PMD) has released its first Insights Report, analyzing workplace drug trends based on 2023 hair sample data.
Psychemedics' Insights Report highlights drug trends in the workplace, potentially influencing demand for their services and impacting stock performance and investor sentiment.
Analyst forecasts for Psychemedics Corporation (PMD) are not currently available. The stock is trading at $2.26.
Analyst ratings for PMD are not currently available. The stock is currently trading at $2.26. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for PMD are not currently available. The stock is trading at $2.26.
The company generates revenue by offering drug testing services that analyze hair samples for various substances, including illegal drugs and prescription medications. Their tests are used by employers for screening potential hires and ongoing employee monitoring, as well as by treatment professionals and law enforcement for monitoring drug use.
Price targets from Wall Street analysts for PMD are not currently available. The stock is trading at $2.26.
Price targets from Wall Street analysts for PMD are not currently available. The stock is trading at $2.26.
Analyst ratings for PMD are not currently available. The stock is trading at $2.26.
Stock price projections, including those for Psychemedics Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.