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How to buy Zynex stock
Learn how to easily invest in Zynex stock.
Zynex Inc is a medical distribution business based in the US. Zynex shares (ZYXI) are listed on the NASDAQ and all prices are listed in US Dollars. Zynex employs 774 staff and has a trailing 12-month revenue of around $143 million.
How to buy shares in Zynex
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – ZYXI – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Zynex stock price (NASDAQ: ZYXI)Use our graph to track the performance of ZYXI stocks over time.
Zynex shares at a glance
|Latest market close||$9.51|
|52-week range||$4.97 - $12.79|
|50-day moving average||$8.98|
|200-day moving average||$7.72|
|Wall St. target price||$16.63|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$0.49|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Zynex stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Zynex price performance over time
|1 week (2022-09-29)||1.49%|
|1 month (2022-09-06)||8.31%|
|3 months (2022-07-06)||12.68%|
|6 months (2022-04-04)||54.89%|
|1 year (2021-10-06)||-14.25%|
|2 years (2020-10-06)||-49.87%|
|3 years (2019-10-04)||12.51|
|5 years (2017-10-06)||468.54%|
Is Zynex stock undervalued or overvalued?
Valuing Zynex stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Zynex's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Zynex's P/E ratio
Zynex's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Zynex shares trade at around 19x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Zynex's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $28.6 million.
The EBITDA is a measure of a Zynex's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$143 million|
|Operating margin TTM||18.11%|
|Gross profit TTM||$103.4 million|
|Return on assets TTM||15.93%|
|Return on equity TTM||31.23%|
|Market capitalisation||$348.3 million|
TTM: trailing 12 months
Zynex share dividends
Dividend payout ratio: 20% of net profits
Recently Zynex has paid out, on average, around 20% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Zynex shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Zynex's case, that would currently equate to about $0 per share.
While Zynex's payout ratio might seem low, this can signify that Zynex is investing more in its future growth.
Zynex's most recent dividend payout was on 21 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 5 January 2022 (the "ex-dividend date").
Have Zynex's shares ever split?
Zynex's shares were split on a 11:10 basis on 5 January 2022. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your Zynex shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Zynex shares which in turn could have impacted Zynex's share price.
Zynex share price volatility
Over the last 12 months, Zynex's shares have ranged in value from as little as $4.97 up to $12.7861. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Zynex's is 0.8098. This would suggest that Zynex's shares are less volatile than average (for this exchange).
Zynex, Inc. , through its subsidiaries, designs, manufactures, and markets medical devices to treat chronic and acute pain; and activate and exercise muscles for rehabilitative purposes with electrical stimulation. The company offers NexWave, a dual channel, multi-modality interferential current, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation (NMES) device that is marketed to physicians and therapists by field sales representatives; NeuroMove, an electromyography triggered electrical stimulation device; InWave, an electrical stimulation product for the treatment of female urinary incontinence; and E-Wave, an NMES device. It also supplies private labeled products, including electrodes for the delivery of electrical current to the body, and batteries for use in electrotherapy products. In addition, the company distributes Comfortrac/Saunders for cervical traction, JetStream for hot/cold therapy, LSO Back Braces for lumbar support, and knee braces for knee support. Further, it offers Zynex Fluid Monitoring System (CM-1500), a fluid volume monitor, which is a non-invasive medical device for monitoring relative fluid volume changes used in operating and recovery rooms to detect fluid loss during surgery and internal bleeding during recovery; Zynex Wireless Fluid Monitoring System (CM-1600), a noninvasive monitoring device designed to measure relative changes in fluid volume in adult patients; NiCO CO-Oximeter, a laser-based noninvasive co-oximeter; and HemeOx tHb Oximeter, a laser-based total hemoglobin pulse oximeter. The company provides its products for use in pain management and control; stroke and spinal cord injury rehabilitation; hemodynamic monitoring; and pulse oximetry monitoring.
Zynex in the news
Zynex Monitoring Solutions Announces First Enrollment in a Blood Loss Detection Clinical Trial for its CM-1600 Monitoring System
Frequently asked questionsWhat percentage of Zynex is owned by insiders or institutions?
Currently 43.392% of Zynex shares are held by insiders and 29.937% by institutions. How many people work for Zynex?
Latest data suggests 774 work at Zynex. When does the fiscal year end for Zynex?
Zynex's fiscal year ends in December. Where is Zynex based?
Zynex's address is: 9655 Maroon Circle, Englewood, CO, United States, 80112 What is Zynex's ISIN number?
Zynex's international securities identification number is: US98986M1036 What is Zynex's CUSIP number?
Zynex's Committee on Uniform Securities Identification Procedures number is: 98986M103
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