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Apyx Medical Corporation (APYX)

Healthcare | Medical Devices | Clearwater, United States | NasdaqGS
3.98 USD +0.04 (1.015%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 3.98

Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★☆☆☆
Hot Take | April 18, 2026, 11:43 p.m. EDT

APYX is a high-beta, deep-value speculative vehicle hiding a business in structural debt. Despite strong revenue growth (+34.8%) and a 'strong buy' analyst consensus, the fundamentals are broken with negative margins, negative free cash flow, and a P/B ratio of 11x. The recent 26% price run-up and options skew toward deep OTM calls hint at a 'moon' thesis driven by the AYON aesthetic business, but the short-term technicals show selling pressure at highs. The risk/reward is only favorable if the company eliminates its debt and achieves positive operating leverage, which currently seems years away.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.109854
AutoARIMA0.114689
MSTL0.116284
AutoTheta0.121426

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 69%
H-stat 1.39
Ljung-Box p 0.000
Jarque-Bera p 0.759
Excess Kurtosis 0.02
Attribute Value
Sector Healthcare
Debt to Equity Ratio 265.255
Revenue per Share 1.286
Market Cap 166,480,320
Forward P/E -14.11
Beta 1.54
Profit Margins -21.22%
Website https://apyxmedical.com

As of April 18, 2026, 11:43 p.m. EDT: Options flow is extremely scarce and lacks directional conviction. The ATM IV for the nearest expiration (May 15) is heavily skewed low at 0.97 for puts versus 1.16 for calls, suggesting genuine lack of active hedging or speculation. The notable skew comes from deep OTM 8-month calls (7.5 strike) showing 98x more Open Interest than ATM calls, indicating speculative 'long gamma' bets on a massive rally, while put writing activity is nominal and centered only near the money. This structure suggests passive positioning by non-traditional participants rather than active directional trades.


Info Dump

Attribute Value
52 Week Change 3.0612245
Address1 5,115 Ulmerton Road
All Time High 17.5
All Time Low 0.755
Ask 4.06
Ask Size 1
Average Analyst Rating 1.2 - Strong Buy
Average Daily Volume10 Day 155,000
Average Daily Volume3 Month 134,046
Average Volume 134,046
Average Volume10Days 155,000
Beta 1.543
Bid 3.96
Bid Size 1
Book Value 0.348
City Clearwater
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.98
Current Ratio 4.998
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 4.18
Day Low 3.95
Debt To Equity 265.255
Display Name Apyx Medical
Earnings Call Timestamp End 1,773,144,000
Earnings Call Timestamp Start 1,773,144,000
Earnings Timestamp 1,773,145,800
Earnings Timestamp End 1,778,157,000
Earnings Timestamp Start 1,778,157,000
Ebitda -5,791,000
Ebitda Margins -0.109589994
Enterprise To Ebitda -30.111
Enterprise To Revenue 3.3
Enterprise Value 174,371,312
Eps Current Year -0.322
Eps Forward -0.282
Eps Trailing Twelve Months -0.27
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.698
Fifty Day Average Change 0.28200006
Fifty Day Average Change Percent 0.07625745
Fifty Two Week Change Percent 306.12244
Fifty Two Week High 4.5
Fifty Two Week High Change -0.52
Fifty Two Week High Change Percent -0.115555555
Fifty Two Week Low 0.825
Fifty Two Week Low Change 3.155
Fifty Two Week Low Change Percent 3.8242424
Fifty Two Week Range 0.825 - 4.5
Financial Currency USD
First Trade Date Milliseconds 1,546,439,400,000
Float Shares 29,090,554
Forward Eps -0.282
Forward P E -14.113475
Free Cashflow -7,105,875
Full Exchange Name NasdaqGS
Full Time Employees 205
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.62531
Gross Profits 33,044,000
Has Pre Post Market Data 1
Held Percent Insiders 0.13272001
Held Percent Institutions 0.46148998
Implied Shares Outstanding 41,829,226
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Apyx Medical Corporation, an energy technology company, designs, develops, manufactures, and sells electrosurgical equipment and medical devices in the United States and internationally. The company operates through two segments: Surgical Aesthetics and Original Equipment Manufacturing (OEM). It offers helium plasma generator for the delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures; and a portfolio of single-use handpieces and accessories for open and laparoscopic procedures. The company's helium plasma technology products are marketed and sold under the Renuvion name in the cosmetic surgery market and under the J-Plasma name in the hospital surgical market. It also develops and manufactures OEM generators and related accessories. The company was formerly known as Bovie Medical Corporation and changed its name to Apyx Medical Corporation in January 2019. Apyx Medical Corporation was incorporated in 1982 and is based in Clearwater, Florida.
Long Name Apyx Medical Corporation
Market us_market
Market Cap 166,480,320
Market State CLOSED
Max Age 86,400
Message Board Id finmb_250771
Most Recent Quarter 1,767,139,200
Net Income To Common -11,211,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 166,480,319
Number Of Analyst Opinions 5
Open 4.0
Operating Cashflow -8,001,000
Operating Margins 0.00057
Payout Ratio 0.0
Peg Ratio 0.59
Phone 727 384 2323
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 3.98
Post Market Time 1,776,456,049
Previous Close 3.94
Price Eps Current Year -12.360249
Price Hint 4
Price To Book 11.436782
Price To Sales Trailing12 Months 3.1504111
Profit Margins -0.21215001
Quick Ratio 4.155
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.2
Region US
Regular Market Change 0.04
Regular Market Change Percent 1.01523
Regular Market Day High 4.18
Regular Market Day Low 3.95
Regular Market Day Range 3.95 - 4.18
Regular Market Open 4.0
Regular Market Previous Close 3.94
Regular Market Price 3.98
Regular Market Time 1,776,456,001
Regular Market Volume 148,673
Return On Assets -0.061189998
Return On Equity -0.7615
Revenue Growth 0.347
Revenue Per Share 1.286
Sand P52 Week Change 0.38150132
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 41,829,226
Shares Percent Shares Out 0.0046
Shares Short 192,757
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 173,573
Short Name Apyx Medical Corporation
Short Percent Of Float 0.0049
Short Ratio 1.35
Source Interval 15
State FL
Symbol APYX
Target High Price 8.0
Target Low Price 6.0
Target Mean Price 6.4
Target Median Price 6.0
Total Cash 31,740,000
Total Cash Per Share 0.759
Total Debt 39,340,000
Total Revenue 52,844,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.27
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 3.152475
Two Hundred Day Average Change 0.8275249
Two Hundred Day Average Change Percent 0.26250005
Type Disp Equity
Volume 148,673
Website https://apyxmedical.com
Zip 33,760-4004