Surgalign Holdings, Inc. (SRGA)

NASDAQ: SRGA · IEX Real-Time Price · USD
4.86
-0.39 (-7.43%)
May 27, 2022 12:11 PM EDT - Market open
Market Cap32.19M
Revenue (ttm)87.81M
Net Income (ttm)-69.43M
Shares Out6.62M
EPS (ttm)-14.85
PE Ration/a
Forward PE526.32
Dividendn/a
Ex-Dividend Daten/a
Volume88,569
Open5.22
Previous Close5.25
Day's Range4.78 - 5.22
52-Week Range4.20 - 59.40
Beta2.22
AnalystsBuy
Price Target1.02 (-79.0%)
Earnings DateMay 10, 2022

About SRGA

Surgalign Holdings, Inc., a medical technology company, develops, manufactures, distributes, and markets spine implants worldwide. It offers products for thoracolumbar procedures, including Streamline TL Spinal Fixation system, a system for degenerative and complex spine procedures; and Streamline MIS Spinal Fixation system, a range of implants and instruments used via a percutaneous or mini-open approach; and interbody fusion devices, as well as products for cervical procedures, such as CervAlign ACP system, a comprehensive anterior cervical p...

IndustryMedical Devices
Founded1997
Employees231
Stock ExchangeNASDAQ
Ticker SymbolSRGA
Full Company Profile

Financial Performance

In 2021, SRGA's revenue was $90.50 million, a decrease of -11.06% compared to the previous year's $101.75 million. Losses were -$84.65 million, 150.6% more than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SRGA stock is "Buy." The 12-month stock price forecast is 1.02, which is a decrease of -79.01% from the latest price.

Price Target
$1.02
(-79.01% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Here's Why Surgalign Holdings Shares Are Falling Today

Surgalign Holdings Inc (NASDAQ: SRGA) shares are trading lower by 19.73% at $0.15 after the company announced a 1-for-30 reverse stock split. The 1-for-30 reverse stock split will take effect at the ope...

1 week ago - Benzinga

Surgalign Holdings, Inc. Announces 1-for-30 Reverse Stock Split

DEERFIELD, Ill., May 16, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digit...

1 week ago - GlobeNewsWire

Surgalign Holdings, Inc. Announces First Quarter 2022 Results and Raises Full Year 2022 Revenue Guidance Range

DEERFIELD, Ill., May 10, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digit...

2 weeks ago - GlobeNewsWire

Surgalign Holdings, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)

DEERFIELD, Ill., May 06, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care by driving the evolution of digit...

3 weeks ago - GlobeNewsWire

Surgalign Holdings, Inc. Schedules First Quarter 2022 Earnings Release for May 10, 2022

DEERFIELD, Ill., April 26, 2022 (GLOBE NEWSWIRE) -- Surgalign Spine Technologies, (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care through the evolution of di...

1 month ago - GlobeNewsWire

New EVoluSIon Study Data Demonstrates Strong Support for the SImmetry® Sacroiliac Joint Fusion System

Study published in the IJSS shows Surgalign product to be a reliable solution for SIJ dysfunction Study published in the IJSS shows Surgalign product to be a reliable solution for SIJ dysfunction

2 months ago - GlobeNewsWire

Surgalign Holdings, Inc. Announces Fourth Quarter and Full Year 2021 Results

DEERFIELD, Ill., March 15, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of dig...

2 months ago - GlobeNewsWire

Surgalign Holdings, Inc. Schedules Fourth Quarter and Full Year 2021 Earnings Release for March 15, 2022

DEERFIELD, Ill., March 08, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of dig...

2 months ago - GlobeNewsWire

Surgalign Announces Appointment of David Lyle as Chief Financial Officer

DEERFIELD, Ill., March 07, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA) (“Surgalign”), a global medical technology company focused on elevating the standard of care by driving the ev...

2 months ago - GlobeNewsWire

Surgalign Shares Tank After $20 Equity Capital Raise

Surgalign Holdings Inc (NASDAQ: SRGA) has priced its previously announced underwritten public offering of 43.47 million and warrants to purchase up to 32.6 million shares at a combined price of $0.46 pe...

3 months ago - Benzinga

Surgalign Holdings, Inc. Announces Pricing of $20 Million Public Offering

DEERFIELD, Ill., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA) (“Surgalign”), a global medical technology company focused on elevating the standard of care by driving the evo...

3 months ago - GlobeNewsWire

Surgalign Holdings, Inc. Announces Proposed Public Offering

DEERFIELD, Ill., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA) (“Surgalign”), a global medical technology company focused on elevating the standard of care by driving the evo...

3 months ago - GlobeNewsWire

Surgalign Holdings, Inc. to Participate at the Sidoti Virtual Small Cap Conference

DEERFIELD, Ill., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital...

4 months ago - GlobeNewsWire

Surgalign Holdings, Inc. Expands Digital Health Capabilities with Acquisition of a Significant Equity Interest in Int...

Artificial Intelligence Technology Will Enable Computers to Autonomously Identify and Segment Neural Structures in Medical Images and Provide Reference Information Regarding Pathological States Artifici...

4 months ago - GlobeNewsWire

6 of the Best Penny Stocks Under $1 to Buy Now for 2022

These penny stocks trading for under $1 per share all have strong chances of delivering stunning returns in the coming year. The post 6 of the Best Penny Stocks Under $1 to Buy Now for 2022 appeared fir...

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5 months ago - InvestorPlace

Surgalign Holdings, Inc. to Present at the 2022 H.C. Wainwright Virtual BioConnect Conference

DEERFIELD, Ill., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital...

5 months ago - GlobeNewsWire

Surgalign Holdings, Inc. to Participate at the Piper Sandler 33rd Annual Virtual Healthcare Conference

DEERFIELD, Ill., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc. (NASDAQ: SRGA), a global medical technology company focused on elevating the standard of care through the evolution of digital...

6 months ago - GlobeNewsWire

7 Penny Stocks With the Potential to 10X in 2022

The broader market looks expensive, but these penny stocks provide low-cost opportunities for considerable upside according to analysts. The post 7 Penny Stocks With the Potential to 10X in 2022 appeare...

Other symbols:CBAYPAYSSENSSOLOCWBR
6 months ago - InvestorPlace

Surgalign Holdings (SRGA) Reports Q3 Loss, Misses Revenue Estimates

Surgalign (SRGA) delivered earnings and revenue surprises of -50.00% and -8.89%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Surgalign Holdings, Inc. Announces Third Quarter 2021 Results

DEERFIELD, Ill., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of digi...

6 months ago - GlobeNewsWire

Surgalign Holdings, Inc. Schedules Third Quarter 2021 Earnings Release for November 9, 2021

DEERFIELD, Ill., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Surgalign Spine Technologies, (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care through the evolution of dig...

6 months ago - GlobeNewsWire

Surgalign Holdings (SRGA) May Report Negative Earnings: Know the Trend Ahead of Q3 Release

Surgalign (SRGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

6 of the Hottest Stocks to Pick Up for Less Than $1

These penny stocks are trading for under a dollar, but could change that in the coming months with their strong fundamentals. The post 6 of the Hottest Stocks to Pick Up for Less Than $1 appeared first ...

Other symbols:ADXS
6 months ago - InvestorPlace

Are Options Traders Betting on a Big Move in Surgalign (SRGA) Stock?

Investors need to pay close attention to Surgalign (SRGA) stock based on the movements in the options market lately.

7 months ago - Zacks Investment Research

Surgalign Holdings Announces Management Changes

DEERFIELD, Ill., Sept. 23, 2021 (GLOBE NEWSWIRE) -- Surgalign Holdings, Inc., (NASDAQ: SRGA) a global medical technology company focused on elevating the standard of care by driving the evolution of dig...

8 months ago - GlobeNewsWire