Factors Likely to Have Influenced Earnings Results Stereotaxis (NYSE:STXS)

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Earnings results for Stereotaxis (NYSE:STXS)

Stereotaxis, Inc. is expected* to report earnings on 11/09/2020 before market open. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.04. The reported EPS for the same quarter last year was $0.

Stereotaxis last posted its quarterly earnings results on August 6th, 2020. The reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $5.35 million for the quarter. Stereotaxis has generated ($0.10) earnings per share over the last year.

Analyst Opinion on Stereotaxis (NYSE:STXS)

Dividend Strength: Stereotaxis (NYSE:STXS)

Stereotaxis does not currently pay a dividend. Stereotaxis does not have a long track record of dividend growth.

Insiders buying/selling: Stereotaxis (NYSE:STXS)

In the past three months, Stereotaxis insiders have not sold or bought any company stock. Only 34.91% of the stock of Stereotaxis is held by insiders. 54.76% of the stock of Stereotaxis is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Stereotaxis (NYSE:STXS

Earnings for Stereotaxis are expected to grow in the coming year, from ($0.13) to ($0.08) per share. The P/E ratio of Stereotaxis is -40.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Stereotaxis is -40.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Stereotaxis has a P/B Ratio of 9.50. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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