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Analysis before buying or selling Transenterix shares

Trade the Transenterix share!

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Before you start trading Transenterix shares, we suggest you learn more about this company and its economic environment, in order to help you succeed in your analysis of its share price. In a detailed article on this stock, we will introduce you to the company and its business sector with its main sources of profit. We will also present the major competitors of this company in the world as well as some events that have recently influenced its share price. Of course, we will also guide you in the realization of your fundamental analysis of this stock with the data that you must follow in priority to succeed.

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Information on Transenterix shares
ISIN code: US89366M3007
Index or market: NYSE

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Elements to consider before selling or buying Transenterix shares

Analysis N°1

First of all, we will of course follow closely the development of new products by the Transenterix group with the marketing of new devices and the obtaining of the necessary authorizations by the world's medical and health authorities.

Analysis N°2

The development of the group's activities around the world is also an element to be followed and we will focus here on the efforts and operations implemented to obtain new contracts and markets abroad.

Analysis N°3

Like all companies specializing in the medical and paramedical field, regulations in this sector are at the heart of the Transenterix Group's issues and you must therefore take into account any changes in these regulations over time.

Analysis N°4

Of course, we will also keep an eye on what is happening with this group's competitors with all the data concerning the production of devices equivalent to those of Transenterix and likely to make it lose market share.

Analysis N°5

Of course, it will be possible to obtain information on Transenterix's growth strategies and long-term objectives by visiting its official website in the section reserved for investors.

Analysis N°6

Finally, the group's financial results and interim or annual balance sheets should also be systematically consulted in order to verify its growth and the maintenance of its operational profitability.

Analysis before buying or selling Transenterix shares
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General presentation of Transenterix

We will now take a closer look at Transenterix and its activities. Indeed, it is above all by having a good knowledge of the sector in which this company operates and its main sources of profit that you will be able to anticipate its future stock market fluctuations.

The Transenterix Group is an American company specializing in the medical device sector.

More specifically, Transenterix focuses on the development and commercialization of the ALF-X surgical robotic system and the SurgiBot system.

The ALF-X system produced and developed by this company is a multi-port robotic surgery system that allows several robotic arms to control surgical instruments and a camera. This system is equipped with state-of-the-art technology that allows surgeons to perform haptic feedback and move the camera according to eye movement. This system also reproduces laparoscopic movement and integrates high-definition three-dimensional vision technology. Finally, this system offers responsible savings to hospitals through robotic technology with reusable instruments.

The SurgiBot system is also a system designed for robot-assisted surgery but with a single incision on the patient's side.

It should also be noted that this company develops and produces laparoscopic surgical instruments that are used in abdominal surgery such as scissors, forceps, staplers and various instruments for suction and irrigation.

To date, the Transenterix group employs 163 people.

The major competitors of Transenterix

In addition to knowing Transenterix well, you should also have a good knowledge of its main competitors on the market. In the medical robotics sector, the following companies can be mentioned

Intuitive Surgical

This American company specializes in the design and production of medical robots and is listed on the Nasdaq 100 stock market index. It is this company that produces and markets the Da Vinci robot, which is sold at more than one million dollars per unit. In 2003, the company merged with its competitor Computer Motion.

Medrobotics Corporation

This privately held American company specializes in surgical products with a focus on robotics. It offers access to minimally invasive surgery for patients and manufactures and markets the Flex Robotic System, a robot-assisted platform that provides surgeons with single-site access and visualization of hard-to-reach anatomical locations.

Hansen Medical Inc

This is another US company engaged in the design and manufacture of medical robotics for positioning and control of catheter-based technologies. It was founded in 2002 in the area of developing catheter manipulation tools by combining robotic technology and computerized motion.

Titant Medical Inc

This Canadian company specializes in the development of surgical systems for minimally invasive surgery without large incisions. The company is developing the SPORT surgical system, which is a single-port, single-incision robotic system that allows for teleoperation or remote surgery. This system integrates a robotic platform controlled by the surgeon and which includes a high-definition three-dimensional vision system and multi-articulated instruments as well as a workstation that provides the surgeon with an ergonomic interface and a 3D endoscopic view of the patient's body.

Microbot Medical Inc

Finally, this American company, formerly known as StelCells Inc, specializes in medical devices. Its activities include the research, design, development and commercialization of transformational micro-robotic medical technologies that utilize the artificial and natural light of the human body. The company is currently developing two major product candidates with the Self-Cleaning Shunt or SCS for the treatment of hydrocephalus and normal pressure hydrocephalus and TipCat which is a self-propelled semi-disposable endoscope that is under development for colonoscopy procedures.

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Positive factors for Transenterix shares
The factors in favour of a rise in the Transenterix share price:

To help you understand how Transenterix is likely to accelerate its growth and face future threats and challenges, we now propose to discover its major advantages and disadvantages.

As far as the advantages and therefore the strengths of this company are concerned, the following elements are particularly noteworthy:

  • First of all, the Transenterix Group has a large number of sales outlets and distributors that enable it to make products available on a large scale and in a timely manner.
  • Similarly, the low cost structure allows it to produce at a low price and thus to remain competitive with the competition. More generally, the group's financial situation is solid, with profits in recent years and reserves accumulated in previous years that allow it to finance future expenses.
  • Transenterix's return on capital expenditure is also interesting as the group has generated positive returns on the capital expenditure it has incurred on various past projects.
  • We also appreciate the internationalization strategy implemented by the group, which has succeeded in penetrating new markets thanks to innovative teams but also thanks to past initiatives that have been very successful.
  • Diversification is also good in terms of the products offered by the group. Transenterix has a broad portfolio of products in various categories and thus offers a wide range of unique products that are not offered by its competitors. The Transenterix group also owns a number of intellectual property rights, including trademarks and patents. These patents allow the group to benefit from the exclusivity of its products and competitors cannot copy them.
  • The brand image is also a strong advantage for Transenterix and has been present in the market for many years which enhances its reputation. The quality of the group's products has also been maintained over time and allows them to be highly appreciated by customers with an excellent price-quality ratio.
  • Another strength of the group is its geographic location with respect to production, which gives it a cost advantage in serving its customers over its competitors.
  • Finally, it is also known that Transenterix has established important strategic partnerships with its suppliers, dealers, retailers or other stakeholders, which allows it to exploit them if necessary in the future.
Negative factors for Transenterix shares
The factors in favour of a drop in the Transenterix share price:

Of course, the Transenterix group also has weaknesses that you should be aware of before taking a position on this stock. Here is a summary:

  • First of all, research and development are not one of the group's strong points, and it spends much less in this area than some of its competitors, who are major players in this industry and who thus retain a significant advantage thanks to their innovations.
  • Another weakness of the company is the up-to-date sales inventory. The time required to purchase and sell products is higher than the average for this industry, which leads to an increase in inventory and generates additional costs for the group.
  • It should also be noted that a significant portion of the property owned by Transenterix is leased and not purchased. This results in high rental costs and thus increases production costs. Still on the subject of costs, it should be noted that the group's lack of financial planning with regard to its cash flow has sometimes led it to run out of cash, which has forced it to take out loans.
  • As far as the group's products are concerned, some have a large market share but others a small share. This leads to a high dependence of the group's business on a few products and makes it more vulnerable to external threats.
  • Human resources management also seems to be a weak point at Transenterix, with a heavy workload and high psychological tension causing a high turnover of the workforce. As a result, many of the group's qualified employees have left the company in recent years, leading to a shortage of talent in the years to come.
  • It should also be noted here that the group's decision-making is highly centralized and decisions must be approved by certain officials, which reduces the efficiency of operations by making them take longer to implement and thus also reduces innovation.
  • Finally, it should be remembered that the Transenterix Group operates in a highly regulated industry and that the tightening of certain rules may also have an impact on its activities and profitability.
The information supplied here is only for indicative purposes and should not be used without the completion of a comprehensive and complete fundamental analysis of this asset notably taking into account exterior data, future publications and announcements and all fundamental events and news that could influence the strengths and weaknesses or make them more or less significant. This information does not in any way constitute recommendations relating to the completion of transactions or a solicitation to buy or sell an asset.

Frequently Asked Questions

What has been the net earnings per share of Transenterix stock recently?

The analysis of the evolution of the net earnings per share of Transenterix Group is interesting to know the interest that this value can have for the investors. Thus and in 2019, this net profit per share was -4.22 dollars or -35% per share.

Is it possible to invest on the downside of the Transenterix share price?

If, by buying Transenterix shares, you are primarily betting on an increase in the value of this stock, you can also implement a short strategy on this stock using CFDs. These contracts for difference can give you the opportunity to take positions on both the rise and fall of this price and thus profit from all market movements.

Trade the Transenterix share!

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