down 30%, is TransMedics (TMDX) a buy after earnings?
TransMedics is crashing after reporting their 3rd Quarter 2024 earnings. Thier revenue for the quarter was lower than the previous quarter, and their gross margins are shrinking. However, I think the 30% drop is a bit much.
So, is TMDX a buy? If you're a long-term investor who believes in the TransMedics growth stock, this stock might be a good value today. I do believe the valuation was steep prior to the drop, so maybe this presents a good opportunity. Today we'll analyze the stock using my disruptive growth stock spreadsheet to see if it's a buy today.
00:00 TransMedics Stock
00:28 What Does TransMedics Do?
01:27 TransMedics Stock Earnings
05:00 TransMedics Stock Analysis
08:45 My Thoughts on TMDX Stock
$TMDX