Last Updated: 15 Sep 2024
Executive Summary
TOMI Environmental Solutions Inc. (TOMZ) is a leading provider of environmental solutions for interior surface decontamination. The company's TOMI-Mist® system uses a patented hypochlorous acid (HOCl) solution to kill bacteria and viruses on surfaces. TOMI Environmental Solutions has a strong track record of growth, with revenue increasing by 8.6% year-over-year in the latest quarter. The company is also profitable, with a gross profit margin of 71.0%.
Company Overview
TOMI Environmental Solutions was founded in 2004 and is headquartered in Frederick, Maryland. The company's TOMI-Mist® system is used in a variety of settings, including hospitals, schools, offices, and homes. TOMI Environmental Solutions has a team of experienced scientists and engineers who are dedicated to developing innovative solutions for the prevention and control of infectious diseases.
Fundamental Analysis
TOMI Environmental Solutions is a financially sound company with a strong balance sheet and income statement. The company has no debt and a cash balance of $4.5 million. TOMI Environmental Solutions is also profitable, with a gross profit margin of 71.0% and a net income margin of 12.5%. The company's revenue has grown by an average of 15% per year over the past five years.
Technical Analysis
The technical analysis of TOMI Environmental Solutions' stock price shows that the stock is in a bullish trend. The stock price has been trading above its 50-day and 200-day moving averages for the past several months. The stock price is also above its 52-week high of $1.20.
Short Term Outlook
The short-term outlook for TOMI Environmental Solutions is positive. The company is expected to continue to grow its revenue and earnings in the coming quarters. The stock price is expected to continue to trade above its 50-day and 200-day moving averages.
Long Term Outlook
The long-term outlook for TOMI Environmental Solutions is also positive. The company is expected to continue to benefit from the growing demand for infection control solutions. The stock price is expected to continue to appreciate over the long term.
Analyst Recommendations
The majority of analysts who cover TOMI Environmental Solutions have a buy rating on the stock. The average analyst price target is $3.50.
