Organ Tech Pionee | TransMedics leads organ transplant innovation with its Organ Care System, revolutionizing preservation and transport of donor organs |
Financial Health | Strong revenue growth and ambitious targets highlight TransMedics' potential, with 2024 guidance projecting up to 79% year-over-year increase |
Market Expansion | TransMedics aims for 10,000 transplants by 2028, targeting $1.2 billion in revenue through new product lines and international growth |
Analyst Outlook | Price targets range from $90 to $110, reflecting confidence in TransMedics' growth potential despite recent CFO transition and market challenges |
Metrics to compare | TMDX | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipTMDXPeersSector | |
|---|---|---|---|---|
P/E Ratio | 19.9x | 10.7x | −0.4x | |
PEG Ratio | 0.21 | −0.10 | 0.00 | |
Price/Book | 5.8x | 2.3x | 2.6x | |
Price / LTM Sales | 4.5x | 2.5x | 3.1x | |
Upside (Analyst Target) | 9.1% | 116.7% | 47.5% | |
Fair Value Upside | Unlock | 24.6% | 5.9% | Unlock |
TransMedics Group, Inc., a commercial-stage medical technology company, engages in transforming organ transplant therapy for end-stage organ failure patients in the United States and internationally. The company provides Organ Care System (OCS), a portable organ perfusion, optimization, and monitoring system that utilizes its proprietary and customized technology to replicate near-physiologic conditions for donor organs outside of the human body. Its OCS includes OCS LUNG for the preservation of standard criteria donor lungs for double-lung transplantation; OCS Heart, a technology for preservation of DBD donor hearts deemed unsuitable due to limitations of cold storage and for ex vivo reanimation, functional monitoring, and beating-heart preservation of donation-after-circulatory-death hearts; and OCS Liver for the preservation of DBD and DCD of donor livers. The company also developed national OCS program, a turnkey solution for outsourced organ retrieval; and provides OCS organ management and logistics services, including aviation and ground transportation, and other coordination activity. The company was founded in 1998 and is headquartered in Andover, Massachusetts.