TMCI - Treace Medical Concepts, Inc. Stock Price, Fair Value and News

4.00USD-7.12 (-64.03%)Market Closed

Market Summary

USD4.00-7.12

Market Closed

-64.03%

TMCI Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

TMCI Stock Price

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TMCI RSI Chart

TMCI Valuation

Market Cap

689.5M

Price/Earnings (Trailing)

-12.59

Price/Sales (Trailing)

3.52

Price/Free Cashflow

-17.96

TMCI Price/Sales (Trailing)

TMCI Profitability

Return on Equity

-43.32%

Return on Assets

-22.56%

Free Cashflow Yield

-5.57%

TMCI Fundamentals

TMCI Revenue

Revenue (TTM)

196.0M

Rev. Growth (Yr)

21.12%

Rev. Growth (Qtr)

-17.85%

TMCI Earnings

Earnings (TTM)

-54.7M

Earnings Growth (Yr)

-38.81%

Earnings Growth (Qtr)

-197.34%

Breaking Down TMCI Revenue

52 Week Range

3.9427.70

(Low)(High)

Last 7 days

7.3%

Last 30 days

-7.3%

Last 90 days

-21.7%

Trailing 12 Months

-57.1%

How does TMCI drawdown profile look like?

TMCI Financial Health

Current Ratio

3.98

Debt/Equity

0.42

Debt/Cashflow

-0.46

TMCI Investor Care

Shares Dilution (1Y)

1.10%

Diluted EPS (TTM)

-0.88

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	196.0M	0	0	0
2023	155.0M	167.0M	174.7M	187.1M
2022	104.8M	114.1M	125.5M	141.8M
2021	64.8M	77.7M	85.1M	94.4M
2020	43.9M	48.4M	52.9M	57.4M
2019	0	0	0	39.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Treace Medical Concepts, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 10, 2024	scanlan sean f.	sold (taxes)	-	-	-1,396	chief innovation officer
Mar 10, 2024	berutti aaron	sold (taxes)	-	-	-1,815	svp, sales
Mar 10, 2024	elder scot michael	sold (taxes)	-	-	-1,666	chief legl & comp off, corpsec
Mar 10, 2024	treace john t.	sold (taxes)	-	-	-5,021	chief executive officer
Mar 10, 2024	hair mark	sold (taxes)	-	-	-4,088	chief financial officer
Mar 08, 2024	hair mark	sold (taxes)	-	-	-1,067	chief financial officer
Mar 08, 2024	scanlan sean f.	sold (taxes)	-	-	-389	chief innovation officer
Mar 08, 2024	elder scot michael	sold (taxes)	-	-	-169	chief legl & comp off, corpsec
Mar 08, 2024	berutti aaron	sold (taxes)	-	-	-711	svp, sales
Mar 08, 2024	treace john t.	sold (taxes)	-	-	-2,064	chief executive officer

Which funds bought or sold TMCI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Parallel Advisors, LLC	unchanged	-	2.00	117	-%
May 06, 2024	Candriam S.C.A.	added	29.98	1,474,330	5,937,030	0.04%
May 03, 2024	SIGNATUREFD, LLC	unchanged	-	170	7,425	-%
May 03, 2024	Glassman Wealth Services	sold off	-100	-829	-	-%
May 03, 2024	Smartleaf Asset Management LLC	new	-	695	695	-%
May 03, 2024	GSA CAPITAL PARTNERS LLP	reduced	-11.86	-98,000	904,000	0.07%
May 03, 2024	RiverPark Advisors, LLC	added	763	104,086	117,359	0.10%
May 02, 2024	NISA INVESTMENT ADVISORS, LLC	new	-	352	352	-%
May 02, 2024	KORNITZER CAPITAL MANAGEMENT INC /KS	unchanged	-	203,320	8,844,420	0.16%
May 01, 2024	OAK RIDGE INVESTMENTS LLC	added	11.4	202,520	1,647,180	0.17%

Are Funds Buying or Selling TMCI?

Are funds buying TMCI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TMCI

No. of Funds

Unveiling Treace Medical Concepts, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	0.1%	62,130	SC 13G/A
Feb 13, 2024	vanguard group inc	6.96%	4,293,789	SC 13G/A
Feb 09, 2024	treace john t.	17.7%	10,903,466	SC 13G/A
Jan 29, 2024	blackrock inc.	6.0%	3,691,901	SC 13G
Feb 14, 2023	alliancebernstein l.p.	5.8%	3,196,422	SC 13G
Feb 13, 2023	treace john r	4.3%	2,385,033	SC 13G/A
Feb 13, 2023	treace john t.	19.6%	10,865,584	SC 13G/A
Feb 09, 2023	vanguard group inc	5.90%	3,276,849	SC 13G
Feb 11, 2022	treace john t.	20.2%	10,746,709	SC 13G
Feb 11, 2022	treace john r	6.4%	3,410,043	SC 13G

Recent SEC filings of Treace Medical Concepts, Inc.

View All Filings

Date Filed	Form Type	Document
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
Apr 02, 2024	ARS	ARS
Apr 02, 2024	DEF 14A	DEF 14A
Apr 02, 2024	DEFA14A	DEFA14A
Mar 29, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading
Mar 12, 2024	4	Insider Trading

Peers (Alternatives to Treace Medical Concepts, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ABT	184.5B	40.3B	-4.60%	-4.35%	32.81	4.58	-2.84%	-3.08%
BDX	68.5B	19.7B	-3.65%	-5.69%	51.42	3.48	4.82%	-17.56%
ALGN	21.6B	3.9B	-9.77%	-6.38%	46.66	5.51	5.72%	46.72%
BAX	18.4B	14.9B	-15.25%	-20.81%	6.95	1.24	2.98%	207.68%
MID-CAP
ATR	9.9B	3.5B	5.58%	23.16%	31.71	2.8	6.16%	35.06%
HSIC	9.1B	12.5B	-1.81%	-10.76%	23.5	0.73	-0.61%	-18.83%
BIO	8.2B	2.7B	-13.87%	-26.12%	-12.81	3.06	-4.68%	82.43%
XRAY	5.9B	3.9B	-12.53%	-31.61%	-62.76	1.49	0.23%	91.03%
AXNX	3.4B	387.1M	-0.62%	22.51%	-215.76	8.88	30.82%	65.57%
PDCO	2.3B	6.6B	-0.84%	-0.80%	12.05	0.35	2.78%	-0.87%
SMALL-CAP
AHCO	1.3B	3.2B	-6.97%	-19.30%	-1.87	0.4	7.94%	-1661.78%
ANIK	420.5M	166.7M	10.85%	9.31%	-5.09	2.52	6.67%	-456.34%
ANGO	245.9M	324.0M	-12.80%	-31.58%	-1.28	0.76	-3.19%	-337.41%
APYX	48.8M	52.3M	-6.00%	-59.48%	-2.61	0.93	17.61%	19.28%
AEMD	3.4M	3.7M	-25.71%	271.43%	-0.27	0.89	5.77%	8.23%

Treace Medical Concepts, Inc. News

Latest updates

Treace Medical Concepts, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	-17.8%	51.00	62.00	41.00	42.00	42.00	50.00	33.00	30.00	29.00	33.00	22.00	21.00	19.00	24.00	14.00	8.00	11.00	-
Gross Profit	-19.2%	41.00	51.00	33.00	34.00	34.00	41.00	27.00	25.00	24.00	28.00	17.00	17.00	15.00	19.00	11.00	6.00	9.00	-
Operating Expenses	4.2%	60.00	58.00	51.00	47.00	48.00	44.00	38.00	37.00	32.00	34.00	23.00	21.00	17.00	15.00	11.00	7.00	10.00	-
S&GA Expenses	1.0%	40.00	40.00	34.00	34.00	34.00	30.00	26.00	27.00	22.00	23.00	16.00	14.00	12.00	11.00	8.00	5.00	7.00	-
R&D Expenses	26.7%	5.00	4.00	4.00	4.00	3.00	4.00	4.00	3.00	3.00	3.00	3.00	2.00	2.00	2.00	2.00	1.00	1.00	-
Interest Expenses	1.0%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	-
Net Income	-197.3%	-18.68	-6.28	-17.52	-12.27	-13.45	-4.41	-12.13	-17.23	-9.04	-6.62	-6.42	-5.08	-2.43	3.00	-2.65	-1.97	-1.61	-
Net Income Margin	-5.5%	-0.28*	-0.26*	-0.27*	-0.25*	-0.30*	-0.30*	-0.36*	-0.34*	-0.26*	-0.22*	-0.13*	-0.10*	-	-	-	-	-	-
Free Cashflow	-549.7%	-11.15	-1.72	-13.01	-12.53	-18.78	-7.68	-13.35	-15.73	-8.72	-4.65	-10.18	-4.42	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	-3.6%	243	252	240	250	249	159	156	159	147	141	138	142	37.00	42.00
Current Assets	-5.5%	187	198	187	198	223	133	128	135	127	138	135	141	36.00	41.00
Cash Equivalents	-28.1%	9.00	13.00	7.00	12.00	30.00	19.00	89.00	102	98.00	106	109	120	16.00	18.00
Inventory	22.6%	36.00	29.00	29.00	26.00	23.00	19.00	17.00	13.00	11.00	11.00	10.00	8.00	7.00	8.00
Net PPE	10.0%	25.00	22.00	22.00	19.00	16.00	15.00	14.00	9.00	4.00	3.00	2.00	1.00	1.00	1.00
Goodwill	0%	13.00	13.00	13.00	13.00	-	-	-	-	-	-	-	-	-	-
Liabilities	2.1%	116	114	103	100	92.00	98.00	94.00	87.00	60.00	48.00	40.00	39.00	38.00	41.00
Current Liabilities	4.5%	47.00	45.00	33.00	30.00	23.00	30.00	23.00	17.00	15.00	18.00	11.00	10.00	9.00	12.00
Long Term Debt	0.1%	53.00	53.00	53.00	53.00	53.00	53.00	53.00	53.00	29.00	29.00	29.00	29.00	29.00	29.00
LT Debt, Non Current	-100.0%	-	53.00	53.00	53.00	53.00	53.00	53.00	53.00	29.00	29.00	29.00	29.00	29.00	29.00
Shareholder's Equity	-8.4%	126	138	138	150	158	61.00	62.00	72.00	87.00	93.00	97.00	103	-	1.00
Retained Earnings	-13.9%	-152	-134	-127	-110	-98.17	-84.72	-80.30	-68.20	-50.90	-41.90	-35.29	-28.87	-23.78	-21.35
Additional Paid-In Capital	2.7%	279	272	266	261	256	145	142	140	138	135	133	132	15.00	14.00
Shares Outstanding	0.3%	62.00	62.00	62.00	62.00	61.00	56.00	55.00	55.00	55.00	48.00	53.00	49.00	-	-
Float	-	-	-	-	1,224	-	-	-	526	-	-	-	1.00	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	-1457.3%	-7,221	532	-9,507	-8,300	-17,300	-5,348	-7,493	-10,566	-7,241	-3,752	-9,241	-3,754	-446	2,442	-4,202	-1,845	-895	-
Share Based Compensation	26.2%	7,408	5,872	5,192	3,596	2,692	2,470	2,269	1,963	1,409	1,293	839	875	402	337	125	248	209	-
Cashflow From Investing	-24.9%	3,758	5,007	4,597	-10,423	-80,480	-64,012	-5,857	-5,168	-1,481	-900	-939	-670	-196	-88.00	-58.00	-249	-674	-
Cashflow From Financing	-212.1%	-185	165	159	1,180	107,879	297	353	18,784	1,372	1,026	41.00	107,804	-1,219	323	9,351	1,796	33.00	-

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TMCI Income Statement

2023-12-31

Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 187,118	$ 141,838	$ 94,419
Cost of goods sold	35,181	25,532	16,888
Gross profit	151,937	116,306	77,531
Operating expenses
Sales and marketing	140,894	104,567	65,405
Research and development	15,440	13,584	10,204
General and administrative	47,031	32,999	18,432
Total operating expenses	203,365	151,150	94,041
Loss from operations	(51,428)	(34,844)	(16,510)
Interest income	6,726	1,313	17
Interest expense	(5,167)	(4,398)	(4,060)
Debt extinguishment loss	0	(4,483)	0
Other income, net	342	(403)	1
Other non-operating income (expense), net	1,901	(7,971)	(4,042)
Net loss	(49,527)	(42,815)	(20,552)
Convertible preferred stock cumulative and undeclared dividends	0	0	(196)
Net loss attributable to common stockholders	(49,527)	(42,815)	(20,748)
Other comprehensive income (loss):
Unrealized gain (loss) on marketable securities	190	(27)	0
Comprehensive loss	$ (49,337)	$ (42,842)	$ (20,748)
Net loss per share attributable to common stockholders, basic	$ (0.81)	$ (0.77)	$ (0.43)
Net loss per share attributable to common stockholders, diluted	$ (0.81)	$ (0.77)	$ (0.43)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic	60,852,153	55,276,834	48,415,679
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted	60,852,153	55,276,834	48,415,679

TMCI Balance Sheet

2023-12-31

Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 12,982	$ 19,473
Marketable securities, short-term	110,216	61,779
Accounts receivable, net of allowance for doubtful accounts of $980 and $735 as of December 31, 2023 and 2022, respectively	38,063	29,196
Inventories	29,245	19,330
Prepaid expenses and other current assets	7,853	3,624
Total current assets	198,359	133,402
Property and equipment, net	22,298	15,338
Intangible assets, net of accumulated amortization of $475 and $0 as of December 31, 2023 and December 31, 2022, respectively	9,025	0
Goodwill	12,815	0
Operating lease right-of-use assets	9,264	10,138
Other non-current assets	146	146
Total assets	251,907	159,024
Current liabilities
Accounts payable	11,835	8,668
Accrued liabilities	10,458	6,216
Accrued commissions	10,759	7,356
Accrued compensation	7,549	7,666
Other liabilities	4,432	339
Total current liabilities	45,033	30,245
Long-term debt, net of discount of $992 and $1,289 as of December 31, 2023 and 2022, respectively	53,008	52,711
Operating lease liabilities, net of current portion	15,891	15,539
Other long-term liabilities	37	0
Total liabilities	113,969	98,495
Stockholders’ equity
Preferred stock, $0.001 par value, 5,000,000 shares authorized as of December 31,2023 and December 31, 2022; 0 shares issued and outstanding as of December 31,2023 and December 31, 2022	0	0
Common stock, $0.001 par value, 300,000,000 shares authorized; 61,749,654 issued and outstanding as of December 31, 2023; 300,000,000 shares authorized; 55,628,208 issued and outstanding as of December 31, 2022	62	55
Additional paid-in capital	271,973	145,221
Accumulated deficit	(134,247)	(84,720)
Accumulated other comprehensive (loss) incom	163	(27)
Treasury stock, at cost; 1,218 and 0 shares as of December 31, 2023 and December 31, 2022	(13)	0
Total stockholders’ equity	137,938	60,529
Total liabilities and stockholders’ equity	$ 251,907	$ 159,024

About Treace Medical Concepts, Inc.

Treace Medical Concepts, Inc., a medical technology company, designs, manufactures, and markets medical devices for physicians, surgeons, ambulatory surgery centers, and hospitals in the United States. The company offers Lapiplasty 3D bunion correction system that combines instruments, implants, and surgical methods designed to surgically correct three planes of the bunion deformity. It also provides Lapiplasty mini-incision system designed to allow the Lapiplasty procedure to be performed through a 3.5cm incision; and Adductoplasty system designed for reproducible realignment, stabilization, and fusion of the midfoot. Treace Medical Concepts, Inc. was founded in 2013 and is headquartered in Ponte Vedra, Florida.

CEO	Mr. John T. Treace
WEBSITE	treace.com
INDUSTRY	Medical Instruments & Supplies
EMPLOYEES	423

Treace Medical Concepts, Inc. Frequently Asked Questions

What is the ticker symbol for Treace Medical Concepts, Inc.? What does TMCI stand for in stocks?

TMCI is the stock ticker symbol of Treace Medical Concepts, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Treace Medical Concepts, Inc. (TMCI)?

As of Tue May 07 2024, market cap of Treace Medical Concepts, Inc. is 689.53 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TMCI stock?

You can check TMCI's fair value in chart for subscribers.

What is the fair value of TMCI stock?

You can check TMCI's fair value in chart for subscribers. The fair value of Treace Medical Concepts, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Treace Medical Concepts, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TMCI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Treace Medical Concepts, Inc. a good stock to buy?

The fair value guage provides a quick view whether TMCI is over valued or under valued. Whether Treace Medical Concepts, Inc. is cheap or expensive depends on the assumptions which impact Treace Medical Concepts, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TMCI.

What is Treace Medical Concepts, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, TMCI's PE ratio (Price to Earnings) is -12.59 and Price to Sales (PS) ratio is 3.52. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TMCI PE ratio will change depending on the future growth rate expectations of investors.