Silk Road Medical, Inc (SILK)

NASDAQ: SILK · IEX Real-Time Price · USD
27.02
+0.07 (0.26%)
At close: Jul 2, 2024, 4:00 PM
27.29
+0.27 (1.00%)
After-hours: Jul 2, 2024, 6:58 PM EDT
0.26%
Market Cap 1.07B
Revenue (ttm) 185.49M
Net Income (ttm) -53.67M
Shares Out 39.72M
EPS (ttm) -1.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,133,772
Open 26.97
Previous Close 26.95
Day's Range 26.93 - 27.05
52-Week Range 6.08 - 33.13
Beta 1.51
Analysts Hold
Price Target 21.72 (-19.62%)
Earnings Date Jul 30, 2024

About SILK

Silk Road Medical, Inc operates as a medical device company in the United States. The company offers various products for the treatment of carotid artery disease called transcarotid artery revascularization (TCAR). Its products comprise ENROUTE Transcarotid Neuroprotection System that is used to directly access the common carotid artery and establish temporary blood flow reversal; ENROUTE Transcarotid Stent System for transcarotid access; ENHANCE Transcarotid Peripheral Access Kit, which is used to gain initial access to the common carotid arte... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Apr 4, 2019
Employees 474
Stock Exchange NASDAQ
Ticker Symbol SILK
Full Company Profile

Financial Performance

In 2023, SILK's revenue was $177.13 million, an increase of 27.77% compared to the previous year's $138.64 million. Losses were -$55.74 million, 1.33% more than in 2022.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SILK stock is "Hold." The 12-month stock price forecast is $21.72, which is a decrease of -19.62% from the latest price.

Price Target
$21.72
(-19.62% downside)
Analyst Consensus: Hold
Stock Forecasts

News

SILK Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Silk Road Medical to Boston Scientific

MONSEY, N.Y., June 24, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the price of $27.50 per share in cash for which Silk Road Medical, Inc. (Nasdaq: SI...

8 days ago - GlobeNewsWire

SILK ROAD MEDICAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Silk Road Medical, Inc. - SILK

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Silk Road Medica...

Other symbols: BSX
13 days ago - Business Wire

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Silk Road Medical, Inc.

NEW YORK , June 18, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Silk Road Medical, Inc. (NASDAQ: SILK) and its board of directors concerning the propos...

Other symbols: BSX
14 days ago - PRNewsWire

Shareholder Alert: Ademi LLP investigates whether Silk Road Medical, Inc. has obtained a Fair Price for its Public Shareholders

MILWAUKEE , June 18, 2024 /PRNewswire/ -- Ademi LLP is investigating Silk Road Medical (Nasdaq: SILK) for possible breaches of fiduciary duty and other violations of law in its transaction with Boston...

14 days ago - PRNewsWire

Boston Scientific Adds Stroke Prevention To Vascular Portfolio Via Silk Road Medical's $1.3B Deal

Tuesday, Boston Scientific Corporation BSX agreed to acquire Silk Road Medical Inc SILK for $27.50 in cash per share, representing an equity value of approximately $1.26 billion.

Other symbols: BSX
14 days ago - Benzinga

Breaking News: Is Silk Road Medical's $27.50 Per Share Sale Price a Fair Deal? Johnson Fistel, LLP Investigates Deal Terms

SAN DIEGO, June 18, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading shareholder rights law firm, announced today that it has initiated an investigation into the board members of Silk Road Medi...

Other symbols: BSX
14 days ago - GlobeNewsWire

SILK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Silk Road Medical, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Silk Road Medical, Inc. (NASDAQ: SILK) to Boston Scientific Corporation for $27.50 in cas...

14 days ago - Business Wire

Silk Road Medical Stock Soars. It's Being Acquired by Boston Scientific.

Boston Scientific will pay $27.50 a share, or $1.16 billion, for Silk Road Medical.

Other symbols: BSX
14 days ago - Barrons

Boston Scientific to buy Silk Road Medical in $1.16 billion deal

Boston Scientific will acquire medical device maker Silk Road Medical in a $1.16 billion deal, the companies said on Tuesday.

Other symbols: BSX
14 days ago - Reuters

Silk Road Medical stock rallies on Boston Scientific acquisition deal

Silk Road Medical Inc.'s stock SILK, +1.31% was up 22.6% in pre-market trades on Tuesday after it agreed to be acquired by Boston Scientific Corp. BSX, -0.74% for $27.50 a share. The deal values the m...

Other symbols: BSX
14 days ago - Market Watch

Boston Scientific Announces Agreement to Acquire Silk Road Medical, Inc.

Acquisition adds innovative technology for stroke prevention to vascular portfolio MARLBOROUGH, Mass. , June 18, 2024 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today announced it has e...

Other symbols: BSX
14 days ago - PRNewsWire

Silk Road Medical Reports First Quarter 2024 Financial Results

SUNNYVALE, Calif., April 30, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today reported financial resu...

2 months ago - GlobeNewsWire

Silk Road Medical to Present at the BofA Securities 2024 Healthcare Conference

SUNNYVALE, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced the company w...

2 months ago - GlobeNewsWire

Silk Road Medical to Report First Quarter 2024 Financial Results on April 30, 2024

SUNNYVALE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced it will repor...

3 months ago - GlobeNewsWire

Silk Road Medical Strengthens TCAR Portfolio with Launch of ENROUTE Transcarotid Neuroprotection System PLUS

SUNNYVALE, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced the launch of...

3 months ago - GlobeNewsWire

Silk Road Medical Expands TCAR® Portfolio with Launch of Tapered ENROUTE® Transcarotid Stent System

SUNNYVALE, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced that it has l...

4 months ago - GlobeNewsWire

Silk Road Medical Reports Fourth Quarter and Full Year 2023 Financial Results and Provides 2024 Financial Outlook

SUNNYVALE, Calif., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today reported financial resul...

4 months ago - GlobeNewsWire

Silk Road Medical to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

SUNNYVALE, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced it will report...

5 months ago - GlobeNewsWire

Silk Road Medical to Present at the 42nd Annual J.P. Morgan Healthcare Conference

SUNNYVALE, Calif., Dec. 20, 2023 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced the company wi...

6 months ago - GlobeNewsWire

Silk Road Medical Reports Third Quarter 2023 Financial Results

SUNNYVALE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today reported financial resul...

8 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Silk Road Medical, Inc. - SILK

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Silk Road Medical, Inc. ("Silk Road" or the "Company") (NASDAQ: SILK). Such investors are advise...

8 months ago - PRNewsWire

Silk Road Medical to Report Third Quarter 2023 Financial Results on November 8, 2023

SUNNYVALE, Calif., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Silk Road Medical, Inc. (Nasdaq: SILK), a company focused on reducing the risk of stroke and its devastating impact, today announced it will report...

8 months ago - GlobeNewsWire

Silk Road Medical Stock Sinks. Here's Why Citi Says Sell.

Two pieces of news are weighing on shares of the medical devices company.

9 months ago - Barrons

Novo Nordisk shares rise, Silk Road Medical stock slumps and other movers

Shares of Thor Industries Inc. THO rose 2% after the RV maker said its board authorized a 7% dividend increase to 48 cents a share.

Other symbols: NVO
9 months ago - Market Watch

Silk Road Medical stock falls following outlook, CEO's retirement

Silk Road Medical Inc. SILK, -0.71% shares dropped in the extended session Tuesday after the medical device company updated its forecast and said its chief executive was retiring. The company forecast...

9 months ago - Market Watch