2024-05-05 23:48:15 ET
Summary
- TransMedics Group has seen a 50% increase in its stock price following impressive first-quarter results that exceeded expectations.
- The company's execution has been excellent, but its current valuation may be a hindrance.
- TMDX has a strong outlook for the future, with raised sales guidance and expectations of continued margin expansion.
TransMedics Group, Inc. ( TMDX ) is up over 50% since my March article, following remarkable first-quarter results that came way ahead of expectations, both on top and bottom line.
The company's execution is borderline perfect, but the current valuation might be prohibitive....
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For further details see:
TransMedics Group: Looking At The Road Ahead After An Exceptional Q1 (Rating Downgrade)