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CRMD
Upturn stock ratingUpturn stock rating

CorMedix Inc (CRMD)

Upturn stock ratingUpturn stock rating
$12.5
Last Close (24-hour delay)
Profit since last BUY7.02%
upturn advisory
WEAK BUY
BUY since 36 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

06/27/2025: CRMD (5-star) is a REGULAR-BUY. BUY since 36 days. Profits (7.02%). Updated daily EoD!

Upturn Star Rating

ratingratingratingratingrating

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

rating

6 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Year Target Price $16.83

Year Target Price $16.83

Analyst’s Price TargetsFor last 52 week
$16.83Target price
Low$3.61
Current$12.5
high$17.43

Analysis of Past Performance

Type Stock
Historic Profit 65.06%
Avg. Invested days 35
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 847.81M USD
Price to earnings Ratio 50
1Y Target Price 18.83
Price to earnings Ratio 50
1Y Target Price 18.83
Volume (30-day avg) -
Beta 1.61
52 Weeks Range 3.61 - 17.43
Updated Date 06/29/2025
52 Weeks Range 3.61 - 17.43
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.25

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.81%
Operating Margin (TTM) 51.5%

Management Effectiveness

Return on Assets (TTM) 8.31%
Return on Equity (TTM) 19.87%

Valuation

Trailing PE 50
Forward PE 17.73
Enterprise Value 770782026
Price to Sales(TTM) 10.27
Enterprise Value 770782026
Price to Sales(TTM) 10.27
Enterprise Value to Revenue 9.34
Enterprise Value to EBITDA 43.63
Shares Outstanding 67824704
Shares Floating 67090118
Shares Outstanding 67824704
Shares Floating 67090118
Percent Insiders 1.19
Percent Institutions 37.17

Analyst Ratings

Rating 4.5
Target Price 16.83
Buy 3
Strong Buy 3
Buy 3
Strong Buy 3
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

CorMedix Inc

stock logo

Company Overview

overview logo History and Background

CorMedix Inc. is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infections and inflammatory diseases. Founded in 2006, the company has focused on its lead product candidate, DefenCath, to reduce catheter-related bloodstream infections.

business area logo Core Business Areas

  • DefenCath Development: Focuses on the development and potential commercialization of DefenCath, a catheter lock solution designed to prevent catheter-related bloodstream infections (CRBSIs) in hemodialysis patients.

leadership logo Leadership and Structure

CorMedix is led by a management team with experience in biopharmaceuticals. The company has a board of directors overseeing its strategic direction.

Top Products and Market Share

overview logo Key Offerings

  • DefenCath: DefenCath (taurolidine and heparin) is a catheter lock solution for the prevention of catheter-related bloodstream infections (CRBSIs) in hemodialysis patients. The primary competitors include antibiotic lock solutions. There is no established market share for DefenCath as it has yet to be approved by the FDA.

Market Dynamics

industry overview logo Industry Overview

The market involves the prevention and treatment of infections in various healthcare settings, particularly bloodstream infections associated with medical devices. There is a growing awareness of the economic and clinical burden of such infections, driving demand for effective prevention strategies.

Positioning

CorMedix is positioned as a company aiming to address a significant unmet need in preventing CRBSIs. Its competitive advantage lies in the potential of DefenCath to offer a non-antibiotic approach to infection prevention.

Total Addressable Market (TAM)

The estimated TAM for CRBSI prevention in hemodialysis patients is estimated to be in the hundreds of millions of dollars annually. CorMedix, with DefenCath, is positioned to capture a significant portion of this market upon approval and successful commercialization.

Upturn SWOT Analysis

Strengths

  • Novel non-antibiotic approach
  • Potential to reduce antibiotic resistance
  • Addresses a significant unmet need
  • Focus on a specific market segment

Weaknesses

  • Reliance on a single product candidate
  • Regulatory approval risk
  • Commercialization challenges
  • Limited financial resources

Opportunities

  • Expansion into other catheter-related infection indications
  • Partnerships with healthcare providers
  • Geographic expansion
  • Potential for government funding

Threats

  • Regulatory setbacks
  • Competition from existing and new products
  • Pricing pressures
  • Changes in healthcare guidelines

Competitors and Market Share

competitor logo Key Competitors

  • MLND
  • BMRN

Competitive Landscape

CorMedix faces competition from companies developing alternative infection prevention strategies. Its advantage lies in its unique non-antibiotic approach. Market share data represents current treatment options in the market that are not non-antibiotic

Growth Trajectory and Initiatives

Historical Growth: CorMedix's historical growth has been characterized by research and development activities with no significant product revenue.

Future Projections: Future growth is projected to come from the potential commercialization of DefenCath. Analyst estimates depend heavily on regulatory approval and market adoption.

Recent Initiatives: Recent initiatives include completing clinical trials for DefenCath, preparing for regulatory submissions, and establishing manufacturing and distribution partnerships.

Summary

CorMedix is a high-risk, high-reward biopharmaceutical company heavily reliant on the success of its lead product candidate, DefenCath. The company's future is largely dependent on securing FDA approval and successfully commercializing DefenCath. While the non-antibiotic approach offers a competitive advantage, regulatory setbacks and commercialization challenges pose significant risks. Investors should closely monitor clinical trial results, FDA decisions, and market adoption rates.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market share information is based on current market data and estimations.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About CorMedix Inc

Exchange NASDAQ
Headquaters Berkeley Heights, NJ, United States
IPO Launch date 2010-03-25
CEO & Director Mr. Joseph Todisco MBA
Sector Healthcare
Industry Biotechnology
Full time employees 64
Full time employees 64

CorMedix Inc., a biopharmaceutical company, focuses on developing and commercializing therapeutic products for life-threatening diseases and conditions in the United States. Its lead product candidate is DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections in adult patients with kidney failure. The company was formerly known as Picton Holding Company, Inc. and changed its name to CorMedix, Inc. in January 2007. CorMedix Inc. was incorporated in 2006 and is based in Berkeley Heights, New Jersey.