Pro-Dex Stock Skyrockets Over the Past Year: A Must Buy?

Company Overview - Pro-Dex, Inc. (PDEX) has experienced rapid growth over the past year, with its valuation reaching an all-time high [1] - Founded in 1978 and headquartered in Irvine, CA, Pro-Dex specializes in tech-based solutions for various markets, including medical, dental, semiconductor, scientific research, and aerospace [2] - The company operates in multiple locations, including Santa Ana, Beaverton, OR, and Carson City, NV [2] Financial Performance - Pro-Dex has achieved a remarkable 239.7% increase in share price over the past five years, with a compound earnings per share growth of 11% per year [4] - In the first quarter of fiscal 2025, Pro-Dex reported earnings of 75 cents per share, significantly surpassing the Zacks Consensus Estimate of 29 cents [5] - The company is expected to report earnings of 38 cents per share for the next release on February 13, 2025, indicating a year-over-year increase of 171.43% [5] Market Position - Pro-Dex holds a Zacks Rank 1 (Strong Buy) and is part of the Zacks Medical – Dental Supplies industry, which is in the top 10% of all industries in the Zacks universe [3][6] - Over the past 12 months, Pro-Dex's stock has surged 193.8%, outperforming its Zacks Peer Group, which saw a rally of 171.8% [3] - The company's shares soared 23% to $57.78 on January 6, reflecting strong market confidence [4]