Alert: Negative Fundamental Signals (8/5/24)-Zynex Inc (NASDAQ: ZYXI)

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Zynex Inc (NASDAQ: ZYXI). Extremely significant negative changes in fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ZYXI is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Zynex has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Zynex has a slightly negative Appreciation Score of 34 and a poor Power Rating of 15, resulting in the Negative Value Trend Rating.

Recent Price Action

Zynex Inc (NASDAQ: ZYXI) stock closed at $7.96 on 8/5/24 after a decline of -4.7%. NORMAL trading volume accompanied the decline. The stock has declined -10.9% during the last week and has been weak relative to the market over the last nine months.

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