HC Wainwright Issues Pessimistic Estimate for TOMZ Earnings

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) – Equities researchers at HC Wainwright lowered their FY2028 earnings estimates for shares of TOMI Environmental Solutions in a report issued on Monday, November 17th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of $0.16 for the year, down from their previous forecast of $0.18. The consensus estimate for TOMI Environmental Solutions’ current full-year earnings is ($0.05) per share.

Several other equities research analysts also recently commented on TOMZ. Weiss Ratings restated a “sell (d-)” rating on shares of TOMI Environmental Solutions in a research report on Wednesday, October 8th. Zacks Research upgraded TOMI Environmental Solutions from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 16th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $3.50.

TOMI Environmental Solutions Stock Performance

Shares of TOMZ opened at $0.75 on Tuesday. The firm’s 50 day moving average is $0.93 and its 200-day moving average is $0.94. The stock has a market capitalization of $15.12 million, a P/E ratio of -3.01 and a beta of 1.13. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.08 and a quick ratio of 0.82. TOMI Environmental Solutions has a 12-month low of $0.63 and a 12-month high of $1.50.

TOMI Environmental Solutions (NASDAQ:TOMZ) last posted its quarterly earnings data on Friday, November 14th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). TOMI Environmental Solutions had a negative return on equity of 82.81% and a negative net margin of 89.76%.The company had revenue of $2.01 million during the quarter, compared to analyst estimates of $2.74 million.

Hedge Funds Weigh In On TOMI Environmental Solutions

An institutional investor recently raised its position in TOMI Environmental Solutions stock. Susquehanna International Group LLP lifted its holdings in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) by 42.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,280 shares of the company’s stock after acquiring an additional 30,361 shares during the quarter. Susquehanna International Group LLP owned approximately 0.50% of TOMI Environmental Solutions worth $104,000 at the end of the most recent reporting period. Institutional investors own 4.77% of the company’s stock.

TOMI Environmental Solutions Company Profile

TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, engages in the provision of environmental solutions for indoor air and surface disinfection and decontamination in the United States and internationally. The company’s disinfection solutions include SteraPak portable disinfection systems, SteraMist select surface units, SteraMist environment systems, SteraMist total disinfection carts, SteraMist transport units, NV+ fogging disinfection and decontamination systems, SteraMist custom engineered systems, SteraMist Hybrid disinfection systems, SteraMist integrated systems, Stainless Steel 90-Degree applicators, SteraMist plasma decontamination chambers, and iHP Corporate Service Decontamination, which provides full room, equipment, facility, and emergency disinfection and decontamination services.