Apyx Medical Corporation (APYX)Healthcare | Medical Devices | Clearwater, United States | NasdaqGS
2.60 USD
-0.05
(-1.887%) ⇩
(Oct. 13, 2026, 4 p.m.
EDT)
After hours: 2.70 +0.10 (3.846%) ⇧ (Oct. 13, 2026, 4:38 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 3:40 a.m. EDT
The investment case here is defined by a stark contradiction between the company's deteriorating financial reality and the aggressive speculative positioning in the options market. Fundamentally, the business is in freefall: it is burning cash with negative operating margins, generating negative free cash flow, and showing a catastrophic return on equity of nearly -90%. The balance sheet is fragile, with debt significantly exceeding cash reserves, and the stock trades at a premium to book value despite having no earnings power. The multi-year price trajectory confirms this structural decline, with the stock down nearly 55% over the last six years, even though the most recent annual report showed a temporary recovery. Despite these red flags, the options data tells a completely different story. Traders are not hedging against further declines; instead, they are placing massive bets on a surge to $5.00 and beyond within the next year. This disconnect suggests the current low price is being viewed as a 'value trap' by the broader market, while smart money sees a potential catalyst—perhaps a new product approval or a strategic pivot—that could reverse the trend. However, without a confirmed turnaround in the fundamentals, which remain deeply impaired, this remains a high-risk speculation rather than a sound investment. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.221704 |
| AutoARIMA | 0.222564 |
| AutoETS | 0.222675 |
| AutoTheta | 0.261891 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 30% |
| H-stat | 3.59 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.021 |
| Excess Kurtosis | 0.40 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 357.349 |
| Revenue per Share | 1.37 |
| Market Cap | 109,522,456 |
| Forward P/E | -10.33 |
| Beta | 1.45 |
| Profit Margins | -14.78% |
| Website | https://apyxmedical.com |
As of Oct. 10, 2026, 3:40 a.m. EDT: Speculators are positioning aggressively for a massive upside move, evidenced by heavy open interest in $5.00 and $7.50 calls expiring in March 2027, while put volume remains negligible outside of immediate expiration. Implied volatility is elevated for deep out-of-the-money calls, suggesting a belief in a multi-bagger scenario rather than a downside protection strategy.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.2205882 |
| Address1 | 5,115 Ulmerton Road |
| All Time High | 17.5 |
| All Time Low | 0.755 |
| Ask | 3.21 |
| Ask Size | 2 |
| Average Analyst Rating | 1.3 - Strong Buy |
| Average Daily Volume10 Day | 197,210 |
| Average Daily Volume3 Month | 129,084 |
| Average Volume | 129,084 |
| Average Volume10Days | 197,210 |
| Beta | 1.45 |
| Bid | 1.91 |
| Bid Size | 2 |
| Book Value | 0.253 |
| City | Clearwater |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.6 |
| Current Ratio | 5.683 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 2.68 |
| Day Low | 2.48 |
| Debt To Equity | 357.349 |
| Display Name | Apyx Medical |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,048,200 |
| Earnings Call Timestamp Start | 1,786,048,200 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | -2,755,000 |
| Ebitda Margins | -0.04716 |
| Enterprise To Ebitda | -44.269 |
| Enterprise To Revenue | 2.088 |
| Enterprise Value | 121,962,456 |
| Eps Current Year | -0.265 |
| Eps Forward | -0.25167 |
| Eps Trailing Twelve Months | -0.2 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.0379 |
| Fifty Day Average Change | -0.43790007 |
| Fifty Day Average Change Percent | -0.14414565 |
| Fifty Two Week Change Percent | -22.05882 |
| Fifty Two Week High | 5.08 |
| Fifty Two Week High Change | -2.48 |
| Fifty Two Week High Change Percent | -0.48818898 |
| Fifty Two Week Low | 2.32 |
| Fifty Two Week Low Change | 0.27999997 |
| Fifty Two Week Low Change Percent | 0.120689645 |
| Fifty Two Week Range | 2.32 - 5.08 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,546,439,400,000 |
| Float Shares | 30,496,108 |
| Forward Eps | -0.25167 |
| Forward P E | -10.330989 |
| Free Cashflow | -9,631,625 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 205 |
| Fullday Change | 0.049999952 |
| Fullday Change Percent | 1.8867906 |
| Fullday Price | 2.6 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.63496 |
| Gross Profits | 37,091,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.13545999 |
| Held Percent Institutions | 0.50579 |
| Implied Shares Outstanding | 42,124,023 |
| 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 | 109,522,456 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_250771 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -8,634,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 124,265,867 |
| Number Of Analyst Opinions | 6 |
| Open | 2.68 |
| Operating Cashflow | -10,128,000 |
| Operating Margins | -0.13008 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.59 |
| Phone | 727 384 2323 |
| Post Market Change | 0.10000014 |
| Post Market Change Percent | 3.8461595 |
| Post Market Price | 2.7 |
| Post Market Time | 1,791,923,911 |
| Previous Close | 2.65 |
| Price Eps Current Year | -9.811321 |
| Price Hint | 4 |
| Price To Book | 10.27668 |
| Price To Sales Trailing12 Months | 1.874903 |
| Profit Margins | -0.1478 |
| Quick Ratio | 4.408 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.33333 |
| Region | US |
| Regular Market Change | -0.0500002 |
| Regular Market Change Percent | -1.8868 |
| Regular Market Day High | 2.68 |
| Regular Market Day Low | 2.48 |
| Regular Market Day Range | 2.48 - 2.68 |
| Regular Market Open | 2.68 |
| Regular Market Previous Close | 2.65 |
| Regular Market Price | 2.6 |
| Regular Market Time | 1,791,921,601 |
| Regular Market Volume | 148,849 |
| Return On Assets | -0.03708 |
| Return On Equity | -0.90693 |
| Revenue Growth | 0.221 |
| Revenue Per Share | 1.37 |
| Sand P52 Week Change | 0.17502642 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 42,124,023 |
| Shares Percent Shares Out | 0.0049 |
| Shares Short | 206,825 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 205,197 |
| Short Name | Apyx Medical Corporation |
| Short Percent Of Float | 0.0052 |
| Short Ratio | 1.46 |
| Source Interval | 15 |
| State | FL |
| Symbol | APYX |
| Target High Price | 8.0 |
| Target Low Price | 6.0 |
| Target Mean Price | 6.5 |
| Target Median Price | 6.0 |
| Total Cash | 27,617,000 |
| Total Cash Per Share | 0.656 |
| Total Debt | 39,630,000 |
| Total Revenue | 58,415,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.2 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.6753 |
| Two Hundred Day Average Change | -1.0753 |
| Two Hundred Day Average Change Percent | -0.29257476 |
| Type Disp | Equity |
| Volume | 148,849 |
| Website | https://apyxmedical.com |
| Zip | 33,760-4004 |