Semler Scientific (NASDAQ:SMLR) Posts Quarterly Earnings Results, Beats Expectations By $3.21 EPS

Semler Scientific (NASDAQ:SMLR) posted its quarterly earnings results on Tuesday. The company reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $3.21, Zacks reports. Semler Scientific had a net margin of 27.00% and a return on equity of 20.31%.

Semler Scientific Stock Up 2.1 %

Shares of SMLR stock traded up $1.05 during trading hours on Tuesday, hitting $50.72. 367,422 shares of the company’s stock traded hands, compared to its average volume of 426,497. The stock’s 50 day simple moving average is $57.63 and its 200 day simple moving average is $42.29. The stock has a market cap of $470.17 million, a PE ratio of 24.74 and a beta of 1.17. Semler Scientific has a 12 month low of $20.88 and a 12 month high of $81.56.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital increased their price target on shares of Semler Scientific from $40.00 to $71.00 and gave the stock a “buy” rating in a research report on Friday, January 24th.

About Semler Scientific

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company’s products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient’s vascular condition.