Neuronetics, Inc. is a medical technology company focused on designing, developing, and marketing products for patients who suffer from neurohealth disorders. Its NeuroStar Advanced Therapy for Mental Health is a non-drug, noninvasive treatment for people suffering from neurohealth conditions. In addition to selling the NeuroStar system and associated treatment sessions to customers, it operates treatment centers across the United States, offering both NeuroStar Advanced Therapy (transcranial magnetic stimulation or TMS) and Spravato (esketamine nasal spray) for the treatment of major depressive disorder (MDD) and other mental health disorders. NeuroStar Advanced Therapy is the TMS treatment for MDD in adults. Spravato is offered to treat adults with treatment-resistant depression and depressive symptoms in adults with MDD with suicidal thoughts or actions. It provides more than 1.68 million treatments to over 51,000 patients struggling with depression.
Growing
The company is in a growing phase, with the latest annual income totaling USD 74.89M.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 17.62.
Fairly Valued
The company’s latest PE is -2.52, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 47.56M shares, decreasing 7.81% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 2.74M shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.95.