Kestra Medical Technologies, Ltd. (NASDAQ:KMTS - Get Free Report)'s stock price reached a new 52-week low on Tuesday . The stock traded as low as $19.84 and last traded at $19.97, with a volume of 11826 shares changing hands. The stock had previously closed at $20.68.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on KMTS shares. Stifel Nicolaus began coverage on shares of Kestra Medical Technologies in a research note on Monday, March 31st. They issued a "buy" rating and a $28.00 target price for the company. Wells Fargo & Company initiated coverage on Kestra Medical Technologies in a report on Monday, March 31st. They issued an "overweight" rating and a $28.00 price objective for the company. Wolfe Research began coverage on shares of Kestra Medical Technologies in a research report on Monday, March 31st. They set an "outperform" rating and a $29.00 price target on the stock. Piper Sandler began coverage on Kestra Medical Technologies in a research note on Monday, March 31st. They set an "overweight" rating and a $27.00 target price for the company. Finally, The Goldman Sachs Group dropped their price target on shares of Kestra Medical Technologies from $24.00 to $23.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $27.50.
Check Out Our Latest Research Report on Kestra Medical Technologies
Kestra Medical Technologies Trading Up 0.9%
The stock's fifty day simple moving average is $23.34.
Kestra Medical Technologies (NASDAQ:KMTS - Get Free Report) last issued its earnings results on Monday, April 14th. The company reported ($1.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.64) by ($0.61). During the same period last year, the company earned ($1.18) EPS.
Institutional Trading of Kestra Medical Technologies
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Kestra Medical Technologies in the first quarter valued at approximately $33,000. Virtu Financial LLC bought a new position in Kestra Medical Technologies in the 1st quarter worth approximately $210,000. Armistice Capital LLC bought a new position in Kestra Medical Technologies in the 1st quarter worth about $312,000. Zimmer Partners LP bought a new stake in shares of Kestra Medical Technologies during the first quarter valued at about $374,000. Finally, Russell Investments Group Ltd. bought a new position in Kestra Medical Technologies in the 1st quarter valued at $457,000.
About Kestra Medical Technologies
(
Get Free Report)
We are a commercial-stage, wearable medical device and digital healthcare company focused on transforming patient outcomes in cardiovascular disease using monitoring and therapeutic intervention technologies that are intuitive, intelligent, and connected. We have developed and are commercializing our Cardiac Recovery System platform, a comprehensive and advanced system that integrates monitoring, therapeutic treatment, digital health, and patient support services into a single, unified solution.
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