MiMedx Group, Inc. (MDXG)

NASDAQ: MDXG · Real-Time Price · USD
6.21
+0.06 (0.97%)
Sep 18, 2024, 3:44 PM EDT - Market open
0.97%
Market Cap 911.68M
Revenue (ttm) 340.46M
Net Income (ttm) 80.67M
Shares Out 146.81M
EPS (ttm) 0.53
PE Ratio 11.73
Forward PE 23.79
Dividend n/a
Ex-Dividend Date n/a
Volume 377,828
Open 6.12
Previous Close 6.15
Day's Range 6.06 - 6.33
52-Week Range 5.57 - 9.27
Beta 1.98
Analysts Strong Buy
Price Target 12.00 (+93.24%)
Earnings Date Oct 28, 2024

About MDXG

MiMedx Group, Inc. develops and distributes placental tissue allografts for various sectors of healthcare. It processes the human placental tissues utilizing its patented and proprietary PURION process to produce allografts that retains the tissue’s inherent biological properties and regulatory proteins. The company’s patented and proprietary processing method employs aseptic processing techniques in addition to terminal sterilization. Its products include EpiFix, a barrier membrane allograft used for the treatment of chronic wounds, including ... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2006
Employees 895
Stock Exchange NASDAQ
Ticker Symbol MDXG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for MDXG stock is "Strong Buy." The 12-month stock price forecast is $12.0, which is an increase of 93.24% from the latest price.

Price Target
$12.0
(93.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

EX-MiMEDX EMPLOYEES ALLEGE MiMEDX "PRESSURE[D] HEALTHCARE PROVIDERS TO TREAT WOUNDED VETERANS, DIABETICS, CHRONIC WOUND SUFFERERS, AND OTHER PATIENTS WITH MEDICALLY UNNECESSARY OR UNSUITABLE PRODUCTS"

10 Former MiMedx Employees In Non-Compete Suit Fight Back Against MiMedx Schemes to "Bilk Medicare" and "Incentivize Fraud" in Counterclaims Filed by Mintz Attorneys MARIETTA, Ga. , Sept. 11, 2024 /PR...

7 days ago - PRNewsWire

THIRD DEFENDANT FIGHTS BACK AGAINST MiMEDX, CLAIMING 'DISREPUTABLE AND UNLAWFUL BUSINESS PRACTICES'

Ex-MiMedx Employee Jake Heikkinen Files Counterclaims Alleging Schemes 'To Bilk Medicare' and 'Incentivize and Pressure Healthcare Providers' per Mintz Attorneys MARIETTA, Ga. , Sept. 4, 2024 /PRNewsw...

13 days ago - PRNewsWire

DEFENDANT FIGHTS BACK AGAINST MiMEDX "BLATANT INTIMIDATION" NON-COMPETE SUIT

Ex-MiMedx Employee Caralyn Gargan Files Counterclaims for "Predatory Sales Practices" and "Incentivized Fraud" per Mintz Attorneys MARIETTA, Ga. , Aug. 26, 2024 /PRNewswire/ -- One of 10 defendants wh...

23 days ago - PRNewsWire

MiMedx Group, Inc. (MDXG) Q2 2024 Earnings Call Transcript

MiMedx Group, Inc. (NASDAQ:MDXG) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Matt Notarianni - Head, Investor Relations Joe Capper - Chief Executive Officer Doug Ri...

6 weeks ago - Seeking Alpha

MIMEDX Announces Launch of HELIOGEN™ Fibrillar Collagen Matrix

Limited market release marks first xenograft addition to Company's portfolio of leading Wound and Surgical products Limited market release marks first xenograft addition to Company's portfolio of lead...

6 weeks ago - GlobeNewsWire

MIMEDX Announces Second Quarter 2024 Operating and Financial Results

Net Sales of $87 Million Grew 7% Year-Over-Year for the Second Quarter Second Quarter GAAP Net Income and Earnings Per Share were $18 Million and $0.12 , Respectively Second Quarter Adjusted EBITDA wa...

6 weeks ago - GlobeNewsWire

MIMEDX Announces Publication Focused on Surgical Applications Using MIMEDX Placental-Based Allografts in Nature – Scientific Reports

Study adds to the Company's growing body of evidence and expands the understanding of the regulatory capabilities of its DHACM and LHACM allografts on the fibrotic process

2 months ago - GlobeNewsWire

MIMEDX Announces the Appointment of Kim Moller to Chief Commercial Officer

MARIETTA, Ga., June 26, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced the appointment of Kim Moller to Chief Commercial Officer. Ms. Moller has...

2 months ago - GlobeNewsWire

MIMEDX to Participate in Upcoming Investor Conferences

MARIETTA, Ga., May 15, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced that members of its senior management will participate in the following in...

4 months ago - GlobeNewsWire

MiMedx Group, Inc. (MDXG) Q1 2024 Earnings Call Transcript

MiMedx Group, Inc. (NASDAQ:MDXG) Q1 2024 Earnings Conference Call April 30, 2024 4:30 PM ET Company Participants Matt Notarianni - Head of Investor Relations Joe Capper - Chief Executive Officer Doug...

5 months ago - Seeking Alpha

MIMEDX Announces First Quarter 2024 Operating and Financial Results

Net Sales of $85 Million Grew 18% Year-Over-Year for the First Quarter First Quarter GAAP Net Income was $9 Million First Quarter Adjusted EBITDA of $19 Million, or 22% of Net Sales Management to Host...

5 months ago - GlobeNewsWire

MIMEDX to Host First Quarter 2024 Operating and Financial Results Conference Call on April 30

MARIETTA, Ga., April 16, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced that it will report its operating and financial results for the first qu...

5 months ago - GlobeNewsWire

MIMEDX Expands Portfolio with Fibrillar Collagen Wound Dressing

Exclusive agreement provides MIMEDX with rights to commercialize 510(k) cleared, bovine-derived collagen matrix particulate that is indicated for the management of exudating wounds Exclusive agreement...

6 months ago - GlobeNewsWire

MiMedx Group, Inc. (MDXG) Q4 2023 Earnings Call Transcript

MiMedx Group, Inc. (MDXG) Q4 2023 Earnings Call Transcript

7 months ago - Seeking Alpha

MIMEDX Announces Fourth Quarter and Full Year 2023 Operating and Financial Results

Net Sales Grew 17% Year-Over-Year for the Fourth Quarter and 20% for the Full Year

7 months ago - GlobeNewsWire

MIMEDX to Present at TD Cowen 44th Annual Health Care Conference

MARIETTA, Ga., Feb. 20, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced that senior management will participate in the TD Cowen 44th Annual Healt...

7 months ago - GlobeNewsWire

MIMEDX to Host Fourth Quarter and Full Year 2023 Operating and Financial Results Conference Call on February 28

MARIETTA, Ga., Feb. 12, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced that it will report its operating and financial results for the fourth qu...

7 months ago - GlobeNewsWire

MIMEDX Announces Improved Capital Structure with New Senior Secured Credit Facilities and Debt Refinancing

New Credit Facilities Provide Substantial Interest Savings and Access to Additional Capital to Support Execution of Strategic Priorities New Credit Facilities Provide Substantial Interest Savings and ...

8 months ago - GlobeNewsWire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of MiMedx Group, Inc. (MDXG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of MiMedx Group, Inc...

8 months ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of MiMedx Group, Inc. (MDXG) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of MiMedx Group, Inc. (“MiMedx” or the “Company”) (NASDAQ: MDXG) on behalf of investors concerning the Company...

8 months ago - Business Wire

MiMedx reports US FDA warning letter for Axiofill, shares drop

MiMedx Group said on Friday it had received a warning letter from the U.S. Food and Drug Administration related to the classification of its placental-derived tissue product Axiofill, and its shares f...

9 months ago - Reuters

MIMEDX Provides AXIOFILL® Update & Reiterates 2023 Full Year Net Sales and Fourth Quarter Adjusted EBITDA Margin Outlook

Receipt of FDA Warning Letter for AXIOFILL Classification; Not Related to Safety Request for Designation for AXIOFILL Submitted to FDA and Currently Under Review Reiterates Expectations for 2023 Net S...

9 months ago - GlobeNewsWire

MIMEDX Announces Conversion of Outstanding Series B Convertible Preferred Stock to Common Stock

MARIETTA, Ga., Dec. 28, 2023 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced that its outstanding 95,000 shares of Series B Convertible Preferred Stoc...

9 months ago - GlobeNewsWire

MIMEDX to Highlight Published Data at SAWC Fall

MARIETTA, Ga., Nov. 02, 2023 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (Nasdaq: MDXG) (“MIMEDX” or the “Company”) today announced it will sponsor an Innovation Theater lunch symposium at the Symposium on...

11 months ago - GlobeNewsWire

MiMedx Group, Inc. (MDXG) Q3 2023 Earnings Call Transcript

MiMedx Group, Inc. (NASDAQ:MDXG) Q3 2023 Earnings Call October 30, 2023 4:30 PM ET Company Participants Matt Notarianni - Head, Investor Relations Joseph H. Capper - Chief Executive Officer Doug Rice...

11 months ago - Seeking Alpha