About K2M Group Holdings (NASDAQ:KTWO)
K2M Group Holdings, Inc. is a medical device company focused on designing, developing and commercializing spine and minimally invasive technologies and techniques. The Company's solutions are focused on achieving three-dimensional Total Body Balance. Its spine products are used by spine surgeons to treat spinal pathologies, such as deformity (primarily scoliosis), trauma and tumor. Its products consist of implants, disposables and instruments, which are marketed and sold primarily to hospitals for use by spine surgeons. As of December 31, 2016, its product portfolio consisted of 83 product lines that are used in complex spine, minimally invasive surgery (MIS) and degenerative surgeries. Its technologies include EVEREST, MESA, Rail 4D, Quicket Deformity, CASCADIA, CAPRI, SERENGETI, RAVINE and tifix. Its degenerative spine technologies are used to treat degenerative spine disorders and include products, such as cervical, thoracic and lumbar spinal fusion devices and interbody devices.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Medical Equipment, Supplies & Distribution
- Sub-Industry: N/A
- Symbol: NASDAQ:KTWO
- CUSIP: N/A
- Web: www.k2m.com
- Market Cap: $865.36 million
- Outstanding Shares: 43,299,000
- 50 Day Moving Avg: $20.98
- 200 Day Moving Avg: $22.48
- 52 Week Range: $16.32 - $25.99
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -46.51
- P/E Growth: -1.18
- Annual Revenue: $248.68 million
- Price / Sales: 3.48
- Book Value: $5.88 per share
- Price / Book: 3.40
- EBITDA: ($2,000,000.00)
- Net Margins: -16.21%
- Return on Equity: -15.45%
- Return on Assets: -10.50%
- Debt-to-Equity Ratio: 0.28%
- Current Ratio: 3.27%
- Quick Ratio: 1.91%
- Average Volume: 530,846 shs.
- Beta: 1.43
- Short Ratio: 7.21
Frequently Asked Questions for K2M Group Holdings (NASDAQ:KTWO)
What is K2M Group Holdings' stock symbol?
K2M Group Holdings trades on the NASDAQ under the ticker symbol "KTWO."
How were K2M Group Holdings' earnings last quarter?
K2M Group Holdings, Inc. (NASDAQ:KTWO) announced its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.21) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.22) by $0.01. The firm earned $65.70 million during the quarter, compared to analysts' expectations of $66.26 million. K2M Group Holdings had a negative net margin of 16.21% and a negative return on equity of 15.45%. The business's revenue for the quarter was up 11.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.27) earnings per share. View K2M Group Holdings' Earnings History.
When will K2M Group Holdings make its next earnings announcement?
Where is K2M Group Holdings' stock going? Where will K2M Group Holdings' stock price be in 2017?
9 analysts have issued 12-month target prices for K2M Group Holdings' shares. Their forecasts range from $22.00 to $28.00. On average, they expect K2M Group Holdings' share price to reach $25.25 in the next twelve months. View Analyst Ratings for K2M Group Holdings.
What are analysts saying about K2M Group Holdings stock?
Here are some recent quotes from research analysts about K2M Group Holdings stock:
- 1. Needham & Company LLC analysts commented, "KTWO preannounced weaker than expected 3Q17 results on 10/9/17 due to: 1) the hurricanes, 2) delays in signing on new distributors, and 3) a procedural slowdown. Despite this, KTWO remains our favorite spine stock since we believe that it has more ways to drive growth (mainly with new products and distribution expansion) and is more likely to be acquired than its peers. KTWO has announced that eight new products have been launched or received 510(k) clearances/ CE Marks so far in 2017. Of these, we think that the Mojave and Sahara expandable spacers are the most significant. Additionally, KTWO’s distribution channel provides another lever for growth as it is less mature than those of its larger peers and covers only ~70% of major US markets." (10/20/2017)
- 2. According to Zacks Investment Research, "K2M Group Holdings, Inc. is a global medical device company. The Company is focused on designing, developing and commercializing complex spine and minimally invasive spine technologies and techniques. Its products consist of implants, disposables and instruments which are marketed and sold primarily to hospitals for use by spine surgeons. The Company's products include Complex Spine, Minimally Invasive Spine and Degenerative Spine. Its technologies include MESA, Rail 4D, Deformity Cricket, SERENGETI, RAVINE, EVEREST and tifix. K2M Group Holdings, Inc. is headquartered in Leesburg, Virginia. " (10/4/2017)
- 3. Royal Bank Of Canada analysts commented, "Verastem announced today that an abstract describing long-term follow-up data from the DYNAMO study has been selected for oral presentation at the 14th International Conference on Malignant Lymphoma (ICML) being held June 14-17, 2017 in Lugano, Switzerland. DYNAMO is a phase II clinical trial of Duvelisib in patients with indolent non-Hodgkin lymphoma (iNHL) that are double refractory to both rituximab and chemotherapy." (5/3/2017)
Who are some of K2M Group Holdings' key competitors?
Some companies that are related to K2M Group Holdings include CONMED (CNMD), MiMedx Group (MDXG), OraSure Technologies (OSUR), Asante Solutions (PUMP), Orthofix International N.V. (OFIX), Intersect ENT (XENT), Cardiovascular Systems (CSII), AtriCure (ATRC), CryoLife (CRY), Landauer (LDR), Meridian Bioscience (VIVO), Exactech (EXAC), Consort Medical plc (CSRT), STAAR Surgical Company (STAA), Invacare Corporation (IVC), Transenterix (TRXC), Transenterix (TRXC) and Antares Pharma (ATRS).
Who are K2M Group Holdings' key executives?
K2M Group Holdings' management team includes the folowing people:
- Daniel A. Pelak, Chairman of the Board
- Eric D. Major, President, Chief Executive Officer, Director
- Gregory S. Cole CPA, Chief Financial Officer
- George Z. Moratis, Global Accounting Officer (Principal Accounting Officer)
- Kostuik P. John, Chief Medical Officer, Director
- Brett P. Brodnax, Director
- Carlos Antonio Ferrer, Director
- Paul B. Queally, Director
- Sean M. Traynor, Director
- Michael A Turpin, Director
Who owns K2M Group Holdings stock?
K2M Group Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include Sit Investment Associates Inc. (0.21%), Strs Ohio (0.10%) and Rockefeller Financial Services Inc. (0.01%). Company insiders that own K2M Group Holdings stock include Carlos A Ferrer, Carson Anderson & Stow Welsh, George Z Moratis, Gregory S Cole and John Philip Md Kostuik. View Institutional Ownership Trends for K2M Group Holdings.
Who sold K2M Group Holdings stock? Who is selling K2M Group Holdings stock?
K2M Group Holdings' stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc.. Company insiders that have sold K2M Group Holdings stock in the last year include Carson Anderson & Stow Welsh, George Z Moratis, Gregory S Cole and John Philip Md Kostuik. View Insider Buying and Selling for K2M Group Holdings.
Who bought K2M Group Holdings stock? Who is buying K2M Group Holdings stock?
How do I buy K2M Group Holdings stock?
Shares of K2M Group Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is K2M Group Holdings' stock price today?
MarketBeat Community Rating for K2M Group Holdings (NASDAQ KTWO)MarketBeat's community ratings are surveys of what our community members think about K2M Group Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of K2M Group Holdings stock can currently be purchased for approximately $20.00.
Consensus Ratings for K2M Group Holdings (NASDAQ:KTWO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||9 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$25.25 (26.25% upside)|Consensus Price Target History for K2M Group Holdings (NASDAQ:KTWO)
Analysts' Ratings History for K2M Group Holdings (NASDAQ:KTWO)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Needham & Company LLC||Reiterated Rating||Buy||$27.00||N/A|
|10/18/2017||Oppenheimer Holdings, Inc.||Set Price Target||Buy||$24.00||N/A|
|10/10/2017||JMP Securities||Reiterated Rating||Outperform||$30.00 -> $25.00||N/A|
|10/10/2017||Cowen and Company||Reiterated Rating||Outperform||$28.00 -> $22.00||N/A|
|10/10/2017||William Blair||Reiterated Rating||Outperform||N/A|
|10/10/2017||Piper Jaffray Companies||Reiterated Rating||Overweight||$28.00||N/A|
|10/10/2017||Wells Fargo & Company||Lower Price Target||Outperform||$28.00 -> $23.00||N/A|
|9/22/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$26.00||Low|
|4/24/2017||Barclays PLC||Boost Price Target||Overweight||$26.00 -> $27.00||High|
|5/3/2016||Northland Securities||Downgrade||Outperform -> Market Perform||N/A|
Earnings History for K2M Group Holdings (NASDAQ:KTWO)Earnings History by Quarter for K2M Group Holdings (NASDAQ KTWO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||($0.22)||($0.21)||$66.26 million||$65.70 million||View||Listen|
|5/2/2017||Q1 2017||($0.24)||($0.26)||$60.10 million||$61.89 million||View||Listen|
|3/6/2017||Q4 2016||($0.27)||($0.30)||$61.47 million||$61.80 million||View||Listen|
|11/2/2016||Q316||($0.30)||($0.19)||$58.21 million||$59.30 million||View||N/A|
|8/3/2016||Q2||($0.28)||($0.27)||$57.47 million||$59.20 million||View||N/A|
|5/2/2016||Q1||($0.23)||($0.25)||$56.00 million||$56.20 million||View||N/A|
|3/3/2016||Q415||($0.22)||($0.21)||$55.47 million||$54.20 million||View||N/A|
|11/3/2015||Q315||($0.20)||($0.25)||$53.87 million||$55.00 million||View||N/A|
|8/4/2015||Q215||($0.21)||($0.16)||$54.45 million||$56.40 million||View||N/A|
|5/6/2015||Q115||($0.27)||($0.37)||$48.30 million||$50.40 million||View||N/A|
|3/18/2015||Q414||($0.31)||($0.30)||$48.40 million||$49.30 million||View||N/A|
|10/29/2014||Q314||($0.31)||($0.28)||$44.00 million||$47.60 million||View||N/A|
|8/6/2014||Q214||($0.46)||($0.43)||$42.28 million||$47.50 million||View||N/A|
|6/4/2014||Q1 14||($0.34)||($0.37)||$41.88 million||$42.25 million||View||N/A|
Earnings Estimates for K2M Group Holdings (NASDAQ:KTWO)
2017 EPS Consensus Estimate: ($0.78)
2018 EPS Consensus Estimate: ($0.43)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for K2M Group Holdings (NASDAQ:KTWO)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for K2M Group Holdings (NASDAQ:KTWO)
Insider Ownership Percentage: 5.80%Insider Trades by Quarter for K2M Group Holdings (NASDAQ:KTWO)
Institutional Ownership Percentage: 97.77%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/23/2017||John Philip Md Kostuik||Insider||Sell||1,332||$23.30||$31,035.60|| |
|8/15/2017||Gregory S Cole||CFO||Sell||2,350||$24.08||$56,588.00|| |
|8/15/2017||John Philip Md Kostuik||Insider||Sell||1,090||$24.08||$26,247.20|| |
|8/11/2017||Gregory S. Cole||CFO||Sell||39,357||$23.37||$919,773.09|| |
|7/1/2017||Gregory S. Cole||CFO||Sell||956||$24.33||$23,259.48|| |
|6/16/2017||Gregory S Cole||CFO||Sell||42,947||$22.80||$979,191.60|| |
|5/25/2017||John Philip Md Kostuik||Insider||Sell||50,000||$22.70||$1,135,000.00|| |
|5/12/2017||George Z Moratis||Insider||Sell||1,000||$21.77||$21,770.00|| |
|5/10/2017||George Z. Moratis||Insider||Sell||902||$21.61||$19,492.22|| |
|1/23/2017||John Philip Md Kostuik||Insider||Sell||28,526||$21.61||$616,446.86|| |
|1/19/2017||John Philip Md Kostuik||Insider||Sell||72,298||$21.58||$1,560,190.84|| |
|11/16/2016||Carson Anderson & Stow Welsh||Major Shareholder||Sell||4,416,825||$18.39||$81,225,411.75|| |
|7/1/2016||Gregory S. Cole||CFO||Sell||943||$15.70||$14,805.10|| |
|5/21/2016||Gregory S Cole||CFO||Sell||6,465||$11.32||$73,183.80|| |
|5/7/2016||George Z Moratis||Insider||Sell||900||$11.40||$10,260.00|| |
|5/7/2016||Gregory S Cole||CFO||Sell||1,702||$11.45||$19,487.90|| |
|5/5/2016||Carlos A Ferrer||Director||Buy||20,000||$11.32||$226,400.00|| |
|3/7/2016||Carlos A Ferrer||Director||Buy||38,942||$12.84||$500,015.28|| |
|11/12/2015||Gregory S. Cole||CFO||Sell||41,574||$19.70||$819,007.80|| |
|7/17/2015||Carlos A Ferrer||Director||Sell||86,407||$22.37||$1,932,924.59|| |
|7/17/2015||Carson Anderson & Stow Welsh||Major Shareholder||Sell||467,293||$22.60||$10,560,821.80|| |
|7/13/2015||Carlos A Ferrer||Director||Sell||576,048||$22.37||$12,886,193.76|| |
|7/13/2015||Wcas Capital Partners Iv, L.P.||Major Shareholder||Sell||45,616||$22.60||$1,030,921.60|| |
|6/29/2015||Gregory S Cole||CFO||Sell||38,989||$24.22||$944,313.58|| |
|6/24/2015||Gregory S Cole||CFO||Sell||27,384||$24.86||$680,766.24|| |
|6/24/2015||John Philip Md Kostuik||Insider||Sell||24,337||$24.86||$605,017.82|| |
|6/23/2015||Gregory S Cole||CFO||Sell||10,711||$24.91||$266,811.01|| |
|6/23/2015||John Philip Md Kostuik||Insider||Sell||10,668||$24.89||$265,526.52|| |
|6/22/2015||Gregory S Cole||CFO||Sell||8,639||$25.36||$219,085.04|| |
|6/22/2015||John Philip Md Kostuik||Insider||Sell||7,210||$25.36||$182,845.60|| |
|6/19/2015||John Philip Md Kostuik||Insider||Sell||18,165||$24.94||$453,035.10|| |
|6/18/2015||John Philip Md Kostuik||Insider||Sell||46,957||$24.56||$1,153,263.92|| |
|2/12/2015||Brett Brodnax||Director||Sell||5,564||$19.73||$109,777.72|| |
|2/9/2015||Wcas Management Corp||Major Shareholder||Sell||3,738||$18.75||$70,087.50|| |
|2/6/2015||Eric D Major||CEO||Sell||100,000||$17.86||$1,786,000.00|| |
|2/6/2015||Gregory S Cole||CFO||Sell||40,367||$17.86||$720,954.62|| |
|2/6/2015||John Philip Md Kostuik||Insider||Sell||83,807||$17.86||$1,496,793.02|| |
|2/6/2015||Ray A Ranelli||Director||Sell||14,000||$18.75||$262,500.00|| |
|6/10/2014||Carlos A Ferrer||Director||Sell||84,941||$13.95||$1,184,926.95|| |
|6/10/2014||John Philip Md Kostuik||Insider||Sell||93,317||$13.95||$1,301,772.15|| |
|6/10/2014||Wcas Capital Partners Iv, L.P.||Major Shareholder||Sell||11,810||$15.00||$177,150.00|| |
Headline Trends for K2M Group Holdings (NASDAQ:KTWO)
Latest Headlines for K2M Group Holdings (NASDAQ:KTWO)
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K2M Group Holdings (KTWO) Chart for Tuesday, October, 24, 2017