The Unprecedented Rise of ThermoGenesis Holdings Inc. (NASDAQ:THMO)

The Unprecedented Rise of ThermoGenesis Holdings Inc. (NASDAQ:THMO)

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The ThermoGenesis Holdings Inc. (THMO) shares are trading at higher $5.66. The current analyst price target stands at $9.50.

To add more color to this target, the company’s high over the last year is $14.18 and the low is $1.63. Over the last 52 weeks, THMO is down -60.08% while the S&P 500 is down -2.38%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, THMO reported a profit of $1.49 million. ThermoGenesis Holdings Inc. also saw revenues increase to $3.2 million. In addition, THMO has free cash flow of -$2.56 million as of 03-2020 The company’s EBITDA came in at $2.0 million which compares well with its peers.

THMO booked profit margins of -92.00%, its Return on Equity (ROE) is -342.80%, and its Return on Assets is -72.20%. All told, it is clear that, THMO needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. THMO has a short ratio of 0.22 and outstanding shares of 4.14M.

Company Outlook

THMO has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.43 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -3.65. ThermoGenesis Holdings Inc. THMO also noted assets of $18.4 million at the end of the last quarter. Investors should also keep an eye on sector updates as THMO has historically followed its peers on positive news.

All told, ThermoGenesis Holdings Inc. THMO has strung together solid data and demonstrated underlying fundamentals. At its current valuation, THMO represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

ThermoGenesis Holdings Inc. THMO is now commanding a market cap of 35.83M and a float of 3.39M. THMO is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of THMO stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in THMO, either long or short, and we have not been compensated for this article.