Chembio Diagnostics, Inc. CEMI
At closeApr 27, 2023, 4:00 PM EDT
52-week range unavailable
- Market cap
- 16.71M
- Revenue (ttm)
- 49.52M
- Profit margin
- -47.03%
- Shares out
- 36.73M
- Forward P/E
- -0.36
- Volume
- 351.64K
- Open
- 0.45
- Previous close
- 0.455
- Day's range
- 0.455 – 0.455
- Beta
- 1.86
- Analysts
- Hold
- Price target
- 8.00 (+1658.2%)
- Earnings date
- May 4, 2023
2Y -1.6700 (-78.59%)
Key statistics
- Enterprise value
- 23.61M
- PEG ratio
- 0.00
- Price / sales
- 0.34
- Price / book
- 0.94
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Revenue growth
- -49.70%
- Free cash flow
- -8.71M
- Total cash
- 18.18M
- Total debt
- 25.08M
- Return on equity
- -89.47%
- Short % of float
- 0.82%
- 50-day average
- 0.430605
- 200-day average
- 0.436292
Analyst view
Consensus: hold
- Strong buy0
- Buy2
- Hold0
- Sell0
- Strong sell0
Next earnings
May 4, 2023
Expected May 4, 2023. Consensus EPS estimate 0.00.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| May 4, 2023 | Mar 1, 2023 | 0.00 | — | — | — |
| Nov 3, 2022 | Sep 1, 2022 | 0.00 | — | — | — |
| Aug 4, 2022 | Jun 1, 2022 | 0.00 | — | — | — |
| May 5, 2022 | Mar 1, 2022 | 0.00 | — | — | — |
| Mar 3, 2022 | Dec 1, 2021 | -0.23 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 17, 2020 | Benchmark | down | Speculative Buy | Hold |
| Jun 17, 2020 | Canaccord Genuity | down | Buy | Hold |
| May 26, 2020 | Baird | init | — | Outperform |
| Apr 16, 2020 | Canaccord Genuity | main | — | Buy |
| Apr 1, 2020 | Benchmark | main | — | Speculative Buy |
| Mar 4, 2020 | Benchmark | main | — | Speculative Buy |
About Chembio Diagnostics, Inc.
Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care (POC) diagnostic tests that are used to detect or diagnose diseases. The company offers tests for COVID 19, HIV and Syphilis, and Zika virus. It also develops tests for malaria, dengue, chikungunya, Chagas, ebola, leishmaniasis, lassa, marburg, leptospirosis, rickettsia, and Burkholderia diseases. The company sells its products under the STAT-PAK, SURE CHECK, STAT VIEW, NEXT GENERATION DPP, and DPP trademarks, as well as sells its products directly through distributors to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. It has collaboration agreements with Bill & Melinda Gates Foundation, The Paul G. Allen Family Foundation, The Oswaldo Cruz Foundation, and the Foundation for Innovative New Diagnostics, as well as U.S. government agencies, such as Centers for Disease Control and Prevention, the Biomedical Advanced Research and Development Authority of the U.S. Department of Health and Human Services, and the U.S. Department of Agriculture. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Medford, New York. As of April 27, 2023, Chembio Diagnostics, Inc. operates as a subsidiary of Biosynex SA.
- Sector
- Healthcare
- Industry
- Diagnostics & Research
- Country
- United States
- Website
- chembio.com
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Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ACHESON DAVID W. K. | Director | Conversion of Exercise of derivative security | Dec 15, 2022 | 0 |
| ANGELICO PAUL | Officer | Conversion of Exercise of derivative security | Mar 14, 2023 | 0 |
| BESPALKO DAVID WILLIAM | Director | Conversion of Exercise of derivative security | Mar 14, 2023 | 0 |
| CASO CHARLES | Officer | Conversion of Exercise of derivative security | Mar 14, 2023 | 0 |
| DAVIS KATHERINE LYON | Director | Conversion of Exercise of derivative security | Jun 23, 2021 | 0 |
| EBERLY RICHARD L | Chief Executive Officer | Conversion of Exercise of derivative security | Mar 15, 2023 | 0 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 4.25% | 1,561,470 | 710.47K | Dec 30, 2022 |
| Geode Capital Management, LLC | 0.76% | 279,456 | 127.15K | Dec 30, 2022 |
| Blackrock Inc. | 0.56% | 206,244 | 93.84K | Dec 30, 2022 |
| Virtu Financial LLC | 0.39% | 143,265 | 65.19K | Mar 30, 2023 |
| Renaissance Technologies, LLC | 0.37% | 136,400 | 62.06K | Dec 30, 2022 |
| Bank Of New York Mellon Corporation | 0.34% | 123,045 | 55.98K | Mar 30, 2023 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.88% | 1,058,315 | 481.53K | Dec 30, 2022 |
| Vanguard Extended Market Index Fund | 1.24% | 457,104 | 207.98K | Dec 30, 2022 |
| Fidelity Extended Market Index Fund | 0.43% | 157,758 | 71.78K | Feb 27, 2023 |
| Fidelity NASDAQ Composite Index Fund | 0.21% | 75,338 | 34.28K | Feb 27, 2023 |
| Vanguard Institutional Index-Inst Total Stock Market Ind | 0.10% | 36,394 | 16.56K | Dec 30, 2022 |
| Fidelity Series Total Market Index Fund | 0.05% | 18,346 | 8.35K | Feb 27, 2023 |
