MDXG · NASDAQ · Biotechnology

MiMedx (MDXG)

Processor of donated placental tissue into allografts for wound care and surgical use.

$4.88
vs last close+0.07 (+1.45%)
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MiMedx Group, Inc.MDXG
Health Care

Turns donated placental and umbilical tissue into allografts for wound care and surgical use, marketed under brands such as EpiFix and AmnioFix and processed through proprietary PURION technology. Sales are concentrated in the United States and priced largely against Medicare fee schedules, with Japan the lead international market.

Processes donated placental membrane, umbilical cord, and placental-disc tissue into allografts for wound and surgical care, sold under brands including EpiFix, AmnioFix, EpiCord, and the newer Heliogen xenograft line, all built on proprietary PURION tissue processing.

A 2018 accounting scandal triggered a Nasdaq delisting and the eventual criminal conviction of the founding CEO; a rebuilt leadership team restored internal controls and returned to Nasdaq trading in 2020. Newer surgical-line launches now sit alongside the original wound-care franchise.

Domestic sales make up substantially all of the top line, with Japan established as the lead international market after EpiFix became the first amniotic wound-care tissue product approved there. Products are regulated by the FDA as human tissue allografts, exempt from premarket clinical trials but priced largely off Medicare fee schedules.

Company facts

CEOJoseph H. Capper
ListedApr 2, 2008
ExchangeNASDAQ
HeadquartersMarietta, GA
CountryUnited States
Employees837
CIK0001376339
ISINUS6024961012

Market cap$701.1M
EPS (ttm)$0.0400
P/E (ttm)120.25
ROE2.6%
P/B3.25
P/S1.97
Dividend yieldDiv yield
Beta0.92vs XLV 0.61

Price target$8.00+66.3%Average of 15 analysts
ConsensusBuy12 of 15 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 27, 2026Craig-HallumReiterate
Rating: Target:
Rating: BuyTarget: $8
Aug 17, 2026Seaport GlobalDowngrade
Rating:
Rating: Neutral
Aug 17, 2026Raymond JamesTarget
Target:
Target: $8
Jul 30, 2026Lake StreetReiterate
Rating: Target: $12
Rating: BuyTarget: $7
Feb 23, 2026UBSTarget
Target:
Target: $10

Next report
Nov 4, 26
in 43 days
EPS estimate
$0.01
Revenue estimate
$69.6M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Nov '26
Reported$0.07$0.06$0.10$0.15$0.14−$0.05−$0.05Pending
Estimate$0.07$0.06$0.06$0.07$0.09−$0.07−$0.05$0.01
Surprise0.0%0.0%+66.7%+114.3%+55.6%+28.6%−1.0%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Nov '26
Reported$92.9M$88.2M$98.6M$113.7M$118.1M$59.0M$64.4MPending
Estimate$89.4M$86.3M$90.6M$101.9M$106.8M$65.8M$63.5M$69.6M
Surprise+3.9%+2.2%+8.8%+11.6%+10.6%−10.3%+1.4%
Estimate$0.01
ReportedDue Nov 4, 2026
Estimate$69.6M
ReportedDue Nov 4, 2026
View details

Debt to equity0.70%
Current ratio533.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$84.1M$92.9M$88.2M$98.6M$113.7M$118.1M$59.0M$64.4M
Net income$8.1M$7.4M$7.0M$9.6M$16.7M$15.2M−$10.9M−$14.8M
Net margin9.6%8.0%8.0%9.8%14.7%12.9%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$11.2M$11.1M$8.3M$12.4M$22.2M$21.1M−$16.0M−$18.5M
YoY growth+0.3%−28.6%−37.5%−47.2%+98.8%+90.7%Turned lossTurned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $135.8M · Total debt $1.5M · Total assets $281.0M · Shareholders' equity $216.0M

Revenue
$64.4M
Operating income
−$18.5M
Net income
−$14.8M
View details

No dividends on record.

Institutions77.62%113.14M shares
230 holders · as of Jun 30, 2026
Insiders2.89%4.21M shares
12 holders · as of Jul 7, 2026
Other19.49%28.41M shares
remainder

145.76M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Essex Woodlands Management, Inc.Institution
19.34%28.20Mas of Jun 30, 2026
BlackRock, Inc.Institution
8.34%12.15Mas of Jun 30, 2026
Management LLCInstitution
5.82%8.48Mfiled Feb 13, 2019
Trigran Investments, Inc.Institution
4.92%7.17Mas of Jun 30, 2026
Group One Trading, LPInstitution
4.38%6.38Mfiled Jan 31, 2019

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Nov 6, 2025Kimberly Maersk-Mollerofficer: Chief Commercial Officer−58,300$7.42
View details

  • Organogenesis

    Head-to-head in placental allografts and bioengineered skin substitutes

  • Integra LifeSciences

    Amniotic allografts, bovine xenografts, and surgical matrices overlap broadly

  • Smith & Nephew (ADR)

    GRAFIX/STRAVIX placental allografts plus a broad wound-care portfolio

  • Vericel

    Cultured epidermal autografts and eschar removal overlap in severe burn care

  • Solventum

    Negative-pressure therapy and dressings vie for the same wound-care budgets

Compare

CompanyPriceChange
MiMedx$4.88+1.45%$701.1M120.249.12.0−34.7%
Organogenesis$1.48+6.06%$180.1M0.4−56.7%
Integra LifeSciences$15.95+2.28%$1.21B6.30.7+0.8%
Smith & Nephew (ADR)$27.47−0.79%$11.63B19.01.8+4.6%
Vericel$40.17+1.57%$2.03B84.560.06.6+22.5%
Solventum$88.97+0.15%$15.38B10.813.11.9+2.2%
Median19.013.11.8+2.2%