K2M Group Holdings, Inc., a medical device company, provides spine and minimally invasive solutions in the United States and internationally. The company offers implants, disposables, and instruments primarily to hospitals for use by spine surgeons to treat spinal pathologies, such as deformity, trauma, and tumor. Its complex spine products include EVEREST, MESA, and MESA 2 deformity spinal systems; NILE alternative and proximal fixation spinal systems; MESA rail deformity spinal systems; Cricket spinal correction rod reduction instrumentation; CAPRI corpectomy cage systems; MESA small stature, rail small stature, and mini spinal systems; SERENGETI complex spine minimally invasive retractor systems; RAVINE complex spine lateral access systems; SANTORINI corpectomy cage systems; YUKON OCT spinal systems; and PALO ALTO cervical static corpectomy cage systems. The company's minimally invasive surgery products consist of EVEREST minimally invasive spinal and XT spinal, SERENGETI minimally invasive retractor, MOJAVE PL 3D expandable interbody, RAVINE lateral access, CASCADIA lateral 3D interbody, ALEUTIAN lateral interbody, and TERRA NOVA minimally invasive access systems. In addition, its degenerative spine products comprise EVEREST degenerative spinal, CASCADIA and ALEUTIAN interbody, SAHARA AL expandable stabilization, RHINE cervical disc, CHESAPEAKE interbody, PYRENEES cervical plate, and BLUE RIDGE hybrid cervical plate systems. Further, the company provides Balance ACS, a platform that includes tools to assist surgeons with obtaining authorization from healthcare insurers. K2M Group Holdings, Inc. markets and sells its products through direct sales employees, independent sales agencies, and distributor partners. The company was founded in 2004 and is headquartered in Leesburg, Virginia.
Industry, Sector and Symbol
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:KTWO
CUSIPN/A
Phone703-777-3155
Debt
Debt-to-Equity Ratio0.34
Current Ratio2.79
Quick Ratio1.38
Price-To-Earnings
Trailing P/E Ratio-25.87
Forward P/E Ratio-31.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$258.03 million
Price / Sales3.79
Cash FlowN/A
Price / CashN/A
Book Value$5.59 per share
Price / Book4.03
Profitability
EPS (Most Recent Fiscal Year)($0.87)
Net Income$-37,140,000.00
Net Margins-14.27%
Return on Equity-15.38%
Return on Assets-10.00%
Miscellaneous
Employees484
Outstanding Shares43,400,000
K2M Group (NASDAQ:KTWO) Frequently Asked Questions
What is K2M Group's stock symbol?
K2M Group trades on the NASDAQ under the ticker symbol "KTWO."
How were K2M Group's earnings last quarter?
K2M Group Holdings Inc (NASDAQ:KTWO) posted its earnings results on Tuesday, May, 1st. The medical device company reported ($0.26) EPS for the quarter, missing the consensus estimate of ($0.22) by $0.04. The medical device company earned $67.90 million during the quarter, compared to analyst estimates of $66.02 million. K2M Group had a negative net margin of 14.27% and a negative return on equity of 15.38%. K2M Group's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.26) EPS. View K2M Group's Earnings History.
When is K2M Group's next earnings date?
What price target have analysts set for KTWO?
11 brokerages have issued 1-year target prices for K2M Group's shares. Their forecasts range from $22.00 to $28.00. On average, they anticipate K2M Group's stock price to reach $24.80 in the next year. View Analyst Ratings for K2M Group.
What are Wall Street analysts saying about K2M Group stock?
Here are some recent quotes from research analysts about K2M Group stock:
- 1. Needham & Company LLC analysts commented, "KTWO’s 1Q18 revenue beat while its EBITDA missed consensus. Revenue growth slowed slightly to 8% CC in 1Q18 from 9% CC in 4Q17. Management raised its revenue guidance due to an OUS distribution deal. We think that KTWO is well-positioned for strong growth in 2018 given new products (including its Mojave expandable spacer, Yukon OCT system, Palo Alto corpectomy cage, and Nile proximal fixation system), its new Spanish/Portuguese distributor agreement, and its Brainlab agreement. We reiterate our Buy rating given this and its large discount to peers (2018E EV/sales of 3.0x vs. small/mid-cap growth peers at a median of 8.2x)." (5/2/2018)
- 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. " (1/25/2018)
Who are some of K2M Group's key competitors?
Some companies that are related to K2M Group include Novocure (NVCR), NuVasive (NUVA), Merit Medical Systems (MMSI), Nevro (NVRO), Irhythm Technologies (IRTC), Glaukos (GKOS), Mazor Robotics (MZOR), Luminex (LMNX), Intersect ENT (XENT), Orthofix International (OFIX), Atrion (ATRI), OraSure Technologies (OSUR), Cryolife (CRY), Cardiovascular Systems (CSII) and Tactile Systems Technology (TCMD).
Who are K2M Group's key executives?
K2M Group's management team includes the folowing people:
- Mr. Eric D. Major, Co-Founder, Chairman, CEO & Pres (Age 48)
- Dr. John Phillip Kostuik M.D., FRCS(C), Co-Founder, Chief Medical Officer and Director (Age 80)
- Mr. Gregory S. Cole, Chief Financial Officer (Age 48)
- Mr. Lane E. Major, Chief Operating Officer
- Mr. Dave B. MacDonald, Sr. VP of Operations
Has K2M Group been receiving favorable news coverage?
News coverage about KTWO stock has been trending somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. K2M Group earned a news sentiment score of 0.18 on Accern's scale. They also assigned news stories about the medical device company an impact score of 46.78 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are K2M Group's major shareholders?
K2M Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.59%), JPMorgan Chase & Co. (4.97%), Schroder Investment Management Group (3.92%), Cortina Asset Management LLC (3.13%), Bellevue Group AG (1.54%) and Penn Capital Management Co. Inc. (1.27%). Company insiders that own K2M Group stock include Carson Anderson & Stow Welsh, George Z Moratis, Gregory S Cole and John Philip Md Kostuik. View Institutional Ownership Trends for K2M Group.
Which institutional investors are selling K2M Group stock?
KTWO stock was sold by a variety of institutional investors in the last quarter, including Cortina Asset Management LLC, Iguana Healthcare Management LLC, Sei Investments Co., C WorldWide Group Holding A S, Penn Capital Management Co. Inc., UBS Group AG, Prudential Financial Inc. and Millennium Management LLC. Company insiders that have sold K2M Group company stock in the last year include George Z Moratis, Gregory S Cole and John Philip Md Kostuik. View Insider Buying and Selling for K2M Group.
Which institutional investors are buying K2M Group stock?
KTWO stock was purchased by a variety of institutional investors in the last quarter, including Bellevue Group AG, Point72 Asset Management L.P., JPMorgan Chase & Co., BlackRock Inc., Schroder Investment Management Group, GW&K Investment Management LLC, A.R.T. Advisors LLC and Candriam Luxembourg S.C.A.. View Insider Buying and Selling for K2M Group.
How do I buy shares of K2M Group?
Shares of KTWO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is K2M Group's stock price today?
One share of KTWO stock can currently be purchased for approximately $22.51.
How big of a company is K2M Group?
K2M Group has a market capitalization of $961.65 million and generates $258.03 million in revenue each year. The medical device company earns $-37,140,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis. K2M Group employs 484 workers across the globe.
How can I contact K2M Group?
K2M Group's mailing address is 600 HOPE PARKWAY SE, LEESBURG VA, 20175. The medical device company can be reached via phone at 703-777-3155 or via email at [email protected]
MarketBeat Community Rating for K2M Group (KTWO)
MarketBeat's community ratings are surveys of what our community members think about K2M Group and other stocks. Vote "Outperform" if you believe KTWO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KTWO will underperform the S&P 500 over the long term. You may vote once every thirty days.
