TherapeuticsMD Inc (TXMD) Expected to Post Quarterly Sales of $4.10 Million

Equities analysts expect that TherapeuticsMD Inc (NASDAQ:TXMD) will report sales of $4.10 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for TherapeuticsMD’s earnings, with the lowest sales estimate coming in at $3.94 million and the highest estimate coming in at $4.30 million. TherapeuticsMD reported sales of $3.99 million during the same quarter last year, which would suggest a positive year over year growth rate of 2.8%. The firm is scheduled to announce its next earnings results on Tuesday, May 1st.

On average, analysts expect that TherapeuticsMD will report full-year sales of $30.28 million for the current fiscal year, with estimates ranging from $18.42 million to $59.11 million. For the next fiscal year, analysts anticipate that the business will post sales of $181.99 million per share, with estimates ranging from $122.86 million to $275.46 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for TherapeuticsMD.

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TherapeuticsMD (NASDAQ:TXMD) last released its quarterly earnings data on Tuesday, February 20th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The company had revenue of $4.13 million during the quarter, compared to analyst estimates of $4.66 million. TherapeuticsMD had a negative net margin of 458.49% and a negative return on equity of 63.67%. The company’s quarterly revenue was down 8.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.12) EPS.



Several equities research analysts have recently commented on TXMD shares. Noble Financial reissued a “buy” rating on shares of TherapeuticsMD in a report on Thursday, February 22nd. Oppenheimer set a $10.00 price objective on TherapeuticsMD and gave the company a “buy” rating in a report on Wednesday, February 21st. Cantor Fitzgerald reissued a “buy” rating and issued a $28.00 price objective on shares of TherapeuticsMD in a report on Thursday, December 28th. Zacks Investment Research raised TherapeuticsMD from a “sell” rating to a “hold” rating in a report on Saturday, January 20th. Finally, BidaskClub raised TherapeuticsMD from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $14.50.

Institutional investors and hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new stake in TherapeuticsMD in the 3rd quarter valued at $528,000. California State Teachers Retirement System raised its stake in TherapeuticsMD by 4.5% in the 4th quarter. California State Teachers Retirement System now owns 261,142 shares of the company’s stock valued at $1,577,000 after acquiring an additional 11,317 shares during the period. BlackRock Inc. raised its stake in TherapeuticsMD by 29.7% in the 4th quarter. BlackRock Inc. now owns 14,431,862 shares of the company’s stock valued at $87,169,000 after acquiring an additional 3,307,477 shares during the period. Nexthera Capital LP bought a new stake in TherapeuticsMD in the 4th quarter valued at $3,191,000. Finally, OppenheimerFunds Inc. raised its stake in TherapeuticsMD by 10.8% in the 4th quarter. OppenheimerFunds Inc. now owns 1,634,080 shares of the company’s stock valued at $9,870,000 after acquiring an additional 158,943 shares during the period. Institutional investors and hedge funds own 73.31% of the company’s stock.

Shares of NASDAQ TXMD traded down $0.14 during trading hours on Monday, hitting $5.71. The company had a trading volume of 1,253,017 shares, compared to its average volume of 2,163,830. The company has a market cap of $1,265.94, a PE ratio of -15.43 and a beta of 1.36. TherapeuticsMD has a 1-year low of $3.50 and a 1-year high of $7.01.

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About TherapeuticsMD

TherapeuticsMD, Inc is a healthcare company, which focuses on developing and commercializing products for women. Its technology, SYMBODA, develops advanced hormone therapy pharmaceutical products to enable delivery of bio-identical hormones through a variety of dosage forms and administration routes.

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Earnings History and Estimates for TherapeuticsMD (NASDAQ:TXMD)

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