Equities Analysts Issue Forecasts for TOMZ FY2029 Earnings

TOMI Environmental Solutions, Inc. (NASDAQ:TOMZ) – Equities research analysts at HC Wainwright lowered their FY2029 earnings per share (EPS) estimates for shares of TOMI Environmental Solutions in a research note issued to investors on Monday, May 12th. HC Wainwright analyst A. Dayal now expects that the company will earn $0.24 per share for the year, down from their previous forecast of $0.25. HC Wainwright currently has a “Buy” rating and a $3.50 target price on the stock. The consensus estimate for TOMI Environmental Solutions’ current full-year earnings is ($0.05) per share.

TOMI Environmental Solutions Stock Up 0.0%

Shares of TOMZ opened at $0.85 on Tuesday. The stock has a market capitalization of $17.02 million, a price-to-earnings ratio of -6.54 and a beta of 1.01. TOMI Environmental Solutions has a 1 year low of $0.60 and a 1 year high of $1.50. The business’s 50 day simple moving average is $0.80 and its 200-day simple moving average is $0.86. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.13 and a quick ratio of 2.06.

TOMI Environmental Solutions (NASDAQ:TOMZ) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.04. The business had revenue of $1.58 million for the quarter, compared to analysts’ expectations of $3.45 million. TOMI Environmental Solutions had a negative return on equity of 34.10% and a negative net margin of 31.29%.

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.