Tomi Environmental Solutions Inc. (TOMZ)

Q2 2024 EPS Estimates for TOMI Environmental Solutions, Inc. Lowered by Analyst (NASDAQ:TOMZ)

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ – Free Report) – Equities research analysts at HC Wainwright lowered their Q2 2024 EPS estimates for TOMI Environmental Solutions in a report released on Thursday, May 16th. HC Wainwright analyst A. Dayal now anticipates that the company will earn ($0.04) per share for the quarter, down from their previous forecast of ($0.01). HC Wainwright has a “Buy” rating and a $3.50 price objective on the stock. The consensus estimate for TOMI Environmental Solutions’ current full-year earnings is ($0.10) per share. HC Wainwright also issued estimates for TOMI Environmental Solutions’ FY2024 earnings at ($0.10) EPS. TOMI Environmental Solutions Price Performance Shares of NASDAQ TOMZ opened at $0.68 on Monday. The stock has a market cap of $13.57 million, a P/E ratio of -3.78 and a beta of 1.17. TOMI Environmental Solutions has a twelve month low of $0.46 and a twelve month high of $1.39. The stock has a 50 day moving average of $0.65 and a two-hundred day moving average of $0.81. The company has a current ratio of 4.36, a quick ratio of 2.59 and a debt-to-equity ratio of 0.33. TOMI Environmental Solutions (NASDAQ:TOMZ – Get Free Report) last posted its earnings results on Monday, April 1st. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.05). The firm had revenue of $1.53 million during the quarter, compared to analysts’ expectations of $2.86 million. TOMI Environmental Solutions had a negative net margin of 51.20% and a negative return on equity of 39.96%. Institutional Trading of TOMI Environmental Solutions An institutional investor recently bought a new position in TOMI Environmental Solutions stock. Choreo LLC bought a new stake in TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 48,751 shares of the company’s stock, valued at approximately $49,000. Choreo LLC owned about 0.24% of TOMI Environmental Solutions as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 4.77% of the company’s stock. About TOMI Environmental Solutions (Get Free Report) TOMI Environmental Solutions, Inc, a bacteria decontamination and infectious disease control company, provides environmental solutions for indoor surface decontamination in the United States and internationally. Its products and services include SteraMist Surface Unit, a portable, handheld, point and spray disinfection/decontamination system intended to provide quick turnover of any affected space; SteraMist Environment System, a transportable, remotely controlled system that offers complete room disinfection/decontamination of a sealed space; and The SteraMist Hospital Disinfection Cart, a solution to aid its hospital-healthcare customers in providing the quality of care and safety to their patients by disinfecting patient and operating rooms, pharmacies, ambulances, and emergency environments in a hospital or healthcare facility.