Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical & Sports Medicine markets, today announced that it will sponsor a March 26 WoundSource Webinar, “Taking Control of the Wound Healing Environment” led by Alisha Oropallo, MD, FACS, Medical Director of the Comprehensive Wound Healing Center and Hyperbarics at Northwell Health. “Organogenesis is committed to the promotion of evidence-based care and the advancement of treatment approaches that improve patient health and wellbeing,” said Patrick Bilbo, Chief Operating Officer for Organogenesis.
For investors willing to shoulder additional risk, these may be the best of times for buying stocks. Writing at Morgan Stanley, Michael Wilson, the firm’s head of US equity strategy, firmly believes that the signs are bullish, and that current conditions in the markets closely resemble those of March 2009. That was when market turned upwards after the 2008 financial crisis, beginning the longest bull run in history.Wilson wrote, “A significant driver of our bullish call … was based on the equity-risk premium reaching the same levels observed in March 2009. If there’s one thing we’ve learned over the past 10 years, it’s that when risk premium appears you need to grab it before it disappears.”Investors can maximize that premium by finding stocks with the lowest share price and the highest upside potential – in short, by buying into high-rated penny stocks. These equities, typically trading for under $5 per share, offer a minimal cost of entry – and can sometimes show triple digit upside potential. We’ve used the TipRanks database to pull up the details on three such opportunities. All three have received enough support from Wall Street analysts to earn a “Strong Buy” consensus rating. Not to mention each boasts substantial upside potential of over 100%.Organogenesis Holdings (ORGO)Organogenesis’ subsidiaries operate in the world of medical tech, developing new technologies in two markets: wound care, and surgical and sports medicine.Despite a sharp increase in earnings losses during the first quarter, Organogenesis had good news to report. Top-line revenue came in at $61.7 million, modestly beating the forecast but growing 8% year-over-year. Revenues grew substantially in both the wound care and surgical and sports medicine segments. The company finished the quarter with $46.9 million in cash on hand.Organogenesis returned to public trading at the beginning of last year, after 16 years as a private company. Like many high-tech medical companies, it has not yet turned a profit – but it does have exciting prospects for successful products in potentially lucrative sales fields.This potential lies behind 5-star analyst Richard Newitter’s comments. In his report for Leerink, Newitter writes, “As a relatively new public company, we believe ORGO has yet to be fully “discovered” by investors with a below-peer valuation that in our view is highly dislocated from the company’s longer-term sales growth prospects, healthy end-markets, and a scalable long term 70%+ GM business. Ultimately, as investors increasingly come to appreciate ORGO’s potential for sustainable DD top-line growth & increased profitability prospects into the out-years, we think the multiple will expand driving shares higher.”In line with his upbeat outlook, Newitter rates ORGO shares a Buy, and his $7 price target implies a 112% upside potential. In short, the analyst believes that now is the time for investors to get in at the ground level. (To watch Newitter’s track record, click here)All in all, Wall Street analysts are unanimous in their endorsement of the shares. Organogenesis stock has been endorsed with "buy" ratings by all four of the analysts who have voiced an opinion over the past year. Meanwhile, the consensus estimate of analysts is that ORGO, currently trading at $3.33, should rise over 120% to hit $7.50 within a year. (See Organogenesis stock analysis on TipRanks)Usio, Inc. (USIO)Next up on our list is a tech company, Usio. This company provides payment solutions for merchants and billers, offering credit, debit, and prepaid card processing, and automated clearing house payment platforms. Usio aims to combine card issuing and merchant payment processing options into a ‘one stop shop’ platform.A small-cap company, with a market capitalization of just $32 million, Usio is nevertheless in a strong position despite the coronavirus market disruptions. While markets have lost heavily in the current bear cycle – even accounting for the rally we’re experiencing – USIO shares have outperformed and are trading above their late-February levels. The company reported an 18% growth in revenues for Q1 2020, to $7.8 million, along with steady progress towards break-even cash flow. Usio ended the quarter with $1.7 million in cash on hand. These positive results came despite a net loss in Q1 – but it is important to note that Usio’s Q1 losses were 50% lower than in Q4, and beat the quarterly expectation by 14%.Usio has also been able to take advantage of Congressional stimulus funds. The company qualified for a CARES Act loan of $814,000. The loan comes with generous repayment terms, and provides Usio with needed liquidity to meet the coronavirus crisis.Ladenburg Thalmann analyst Jon Hickman sees a clear path forward for Usio, writing, “…we believe Usio's current market valuation is not reflective of the value of the company’s growing presence in the digital payments space. Given the expected increasing revenue growth and future earnings potential, we believe the company should be valued more in line with its current and potential earnings growth.”Hickman’s Buy rating is bolstered by his $4.50 price target, which indicates confidence in a robust 142% one-year upside potential. (To watch Hickman’s track record, click here)USIO shares have a Strong Buy analyst consensus rating, and it is unanimous. All three of the analysts who have reviewed this stock recently have come down with Buy recommendations. The shares are selling for just $1.75, and the average price target matches Hickman’s $4.50. The upside potential, 142%, implies that this stock will more than double in the coming year. (See Usio analyst ratings on TipRanks)Ramaco Resources (METC)The last stock on our list is Ramaco, a coal mining company operating in Pennsylvania, Virginia, and West Virginia. The company focuses its output on metallurgical coal, a grade used to produce the refined coke that is required in the steel industry.Even with economic activity greatly reduced in Q1 by the responses to the coronavirus crisis, Ramaco reported a quarterly profit. The 5-cent EPS came in 67% over the forecast. Earnings weren’t the only positive in the Q1 report. Revenue came in at $41.9 million, or 2.5% over the estimates.Ramaco’s main sales theater is the eastern US – but demand there has collapsed due to the economic shutdowns. The company has countered this by turning to foreign customers and accepting aid through the Congressionally passed Paycheck Protection Program. The $8.4 million PPP loan has shored up the company’s liquidity position, and allowed it to resume operations at two mines which were idled on April 1.Lucas Pipes, covering the industry and Ramaco stock for B Riley FBR, notes, “…management pointed to a number of marketing successes in the first quarter, including renewing a relationship with a major European customer, their first test shipment to Asia, and a notice that their product was approved for purchase by major integrated steel mills in Brazil [...] While we currently see investors focus on liquidity, then capital returns, and growth opportunities last, we regard these growth projects as long-term options when market conditions improve.”These successes put Ramaco in a solid position to move forward, and Pipes rates the stock a Buy. His price target, at $8, implies a sky-high 221% upside potential this year. (To watch Pipes’ track record, click here)It’s not often that the analysts all agree on a stock, so when it does happen, take note. Ramaco’s Strong Buy consensus rating is based on a unanimous 4 Buys. The stock’s $5.25 average price target suggests a potential upside of 103% and a change from the current share price of $2.56. (See Ramaco stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
NEW YORK, NY / ACCESSWIRE / March 9, 2020 / Organogenesis Holdings, Inc. (ORGO) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 9, 2020 at 5:00 ...
Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical and Sports Medicine markets, today announced that fourth quarter and fiscal year 2019 financial results will be reported after the market closes on Monday, March 9. For those unable to participate, a replay of the call will be available for two weeks at 855-859-2056 (404-537-3406 for international callers); access code 8742229. Organogenesis Holdings Inc. is a leading regenerative medicine company offering a portfolio of bioactive and acellular biomaterials products in advanced wound care and surgical biologics, including orthopedics and spine.
Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical & Sports Medicine markets, today reported preliminary revenue results for the three months ended March 31, 2020. In addition, the Company is withdrawing its previously announced revenue guidance for the fiscal year ending December 31, 2020. Net revenue of between $61.0 million and $61.6 million for the three months ended March 31, 2020, up 7% to 8% compared to net revenue of $57.1 million for the three months ended March 31, 2019.
Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical & Sports Medicine markets, today announced that it is offering to sell 9,000,000 shares of its Class A common stock in an underwritten public offering. In addition, Organogenesis Holdings intends to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of its Class A common stock at the public offering price, less the underwriting discounts and commissions. Credit Suisse Securities (USA) LLC and SVB Leerink LLC are acting as joint book-running managers of the offering and BTIG, LLC and Oppenheimer & Co. Inc. are acting as co-managers for the offering.
CANTON, Mass., Nov. 12, 2019 -- Organogenesis Holdings Inc. (Nasdaq: ORGO), a leading regenerative medicine company focused on the development, manufacture, and.
Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical & Sports Medicine markets, today announced the pricing of an underwritten public offering of 9,000,000 shares of its Class A common stock, offered at a price to the public of $5.00 per share. The gross proceeds to Organogenesis Holdings from this offering are expected to be $45.0 million, before deducting the underwriting discounts and commissions and other offering expenses payable by Organogenesis Holdings. Organogenesis Holdings has granted the underwriters a 30-day option to purchase up to an aggregate of 1,350,000 additional shares of its Class A common stock.
CANTON, Mass., May 11, 2020 -- Organogenesis Holdings Inc. (Nasdaq: ORGO), a leading regenerative medicine company focused on the development, manufacture, and.
Image source: The Motley Fool. Organogenesis Holdings Inc (NASDAQ: ORGO)Q1 2020 Earnings CallMay 11, 2020, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, ladies and gentlemen, and welcome to the First Quarter 2020 Earnings Conference Call for Organogenesis Holdings Inc.
CANTON, Mass., Feb. 21, 2020 -- Organogenesis Holdings Inc. (Nasdaq: ORGO), a leading regenerative medicine company focused on the development, manufacture, and.
Organogenesis (ORGO) delivered earnings and revenue surprises of -33.33% and 0.71%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture and commercialization of product solutions for the Advanced Wound Care and Surgical & Sports Medicine markets, today announced it will support a series of virtual education events geared toward clinicians and other wound care and surgical stakeholders during the month of April. The virtual events will feature leading clinical experts and are designed to offer relevant, engaging and accessible educational content to clinicians and administrators in the advanced wound care and surgical markets during the current national health emergency. “One way we can support our customers and other clinicians during this unprecedented time is to continue providing meaningful educational opportunities in virtual formats,” said Marcus Girolamo, Vice President of Marketing at Organogenesis.
It's been a pretty great week for Organogenesis Holdings Inc. (NASDAQ:ORGO) shareholders, with its shares surging 13...
Organogenesis Holdings Inc. (ORGO), a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical & Sports Medicine markets, today reported preliminary revenue results for its fourth quarter and fiscal year ended December 31, 2019. Net revenue of between $72.6 million and $74.6 million for the three months ended December 31, 2019, up 14% to 17% compared to net revenue of $63.6 million for the three months ended December 31, 2018. -- Net revenue from Advanced Wound Care products of between $62.0 million and $63.5 million, up 14% to 16% year-over-year.
Organogenesis Holdings has been struggling lately, but the selling pressure may be coming to an end soon.
CANTON, Mass., March 09, 2020 -- Organogenesis Holdings Inc. (Nasdaq: ORGO), a leading regenerative medicine company focused on the development, manufacture, and.
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