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Home โบ Stocks โบ Psychemedics Corporation (PMD) Stock Forecast & Price Prediction United States | NASDAQ | Healthcare | Diagnostics & Research
$2.21
+0.00 (0.00%)Did PMD Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Psychemedics is one of their latest high-conviction picks.
PMD has shown a year-to-date change of 0.0% and a 1-year change of -4.3%, 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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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. Its testing is aimed at employers, treatment professionals, law enforcement, and parents, providing both screening and confirmation of drug use, which helps in making informed decisions regarding hiring, treatment, and safety.
Founded in 1986 and based in Dallas, Texas, the company utilizes mass spectrometry for accurate testing and provides detailed quantitative results that reflect drug usage patterns over time. This positions Psychemedics as a vital resource in the growing market for drug testing and health monitoring.
Healthcare
Diagnostics & Research
116
Mr. Brian Hullinger
United States
1994
Psychemedics Corporation released its 2025 Workforce Insights Report, analyzing hair drug testing results from 2024, highlighting trends in workplace safety and employer risk across various sectors.
The report offers critical data on drug trends affecting workforce safety and hiring, signaling potential risks or opportunities for sectors relying on drug testing, influencing investment decisions.
Psychemedics Corporation has been awarded "Most Innovative Drug Testing Company of the Year" by Acquisition International Magazine for its advancements in drug detection and Enhanced Quartile Reporting.
Psychemedics' award highlights its innovation and leadership in drug testing, potentially boosting its market reputation and attracting investment interest, impacting stock performance positively.
Psychemedics Corporation will implement a 1-for-5,000 reverse stock split followed by a 5,000-for-1 forward stock split, effective December 3, 2024, to maintain its Nasdaq listing.
The 1-for-5,000 reverse split followed by a 5,000-for-1 forward split indicates significant restructuring, potentially impacting stock liquidity and investor sentiment.
Psychemedics Corporation (NASDAQ: PMD) reported its third-quarter financial results for the period ending September 30, 2024.
Psychemedics' Q3 financial results can influence investor sentiment, reflecting the company's performance and potential growth in the drug testing market, impacting stock valuation.
Psychemedics Corporation (NASDAQ: PMD) has released its first Education Insights Report, highlighting its leadership in drug abuse hair testing.
Psychemedics' new Education Insights Report may enhance its market position and attract clients, potentially driving revenue growth and impacting 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 may impact stock performance, reflecting company health and market demand for drug testing services. Strong results could drive investor confidence.
Analyst forecasts for Psychemedics Corporation (PMD) are not currently available. The stock is trading at $2.21.
Analyst ratings for PMD are not currently available. The stock is currently trading at $2.21. 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 $2.21.
The company generates revenue by offering drug testing services that analyze hair samples for various substances, including illegal drugs and prescription medications. Its testing is aimed at employers, treatment professionals, law enforcement, and parents, providing both screening and confirmation of drug use, which helps in making informed decisions regarding hiring, treatment, and safety.
Price targets from Wall Street analysts for PMD are not currently available. The stock is trading at $2.21.
Price targets from Wall Street analysts for PMD are not currently available. The stock is trading at $2.21.
Analyst ratings for PMD are not currently available. The stock is trading at $2.21.
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.