NASDAQ:LMAT - LeMaitre Vascular Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$34.54 -0.56 (-1.60 %)
(As of 09/20/2018 12:49 PM ET)
Previous Close$34.77
Today's Range$34.54 - $34.89
52-Week Range$28.23 - $41.28
Volume594 shs
Average Volume90,236 shs
Market Capitalization$670.72 million
P/E Ratio40.35
Dividend Yield0.81%
Beta0.6
LeMaitre Vascular logoLeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. The company offers angioscope, a fiber optic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; occlusion catheters that temporarily occlude the blood flow; and perfusion catheters to temporarily perfuse the blood and other fluids into the vasculature. It also provides carotid shunts that temporarily shunt the blood to the brain during the removal of plaque from the carotid artery in a carotid endarterectomy surgery; powered phlebectomy devices to remove varicose veins; and radiopaque tape, a medical-grade tape applied to the skin that enables interventionists to cross-refer between the inside and the outside of a patient's body, and allows them to locate tributaries or lesions beneath the skin. In addition, the company offers remote endarterectomy devices to remove plaque from arteries in the leg; valvulotomes that cuts valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and vascular grafts to bypass or replace diseased arteries. Further, it provides vascular patches, which are used for closure of vessels after surgical intervention, as well as endarterectomy and other vascular reconstruction; vessel closure systems to attach vessels to one another with titanium clips instead of sutures; and Reddick cholangiogram catheters to inject dye into the cystic duct during laparoscopic cholecystectomy, as well as laparoscopic accessory for use in laparoscopic gall bladder removal. LeMaitre Vascular, Inc. markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was founded in 1983 and is headquartered in Burlington, Massachusetts.

Receive LMAT News and Ratings via Email

Sign-up to receive the latest news and ratings for LMAT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:LMAT
CUSIPN/A
Phone781-221-2266

Debt

Debt-to-Equity RatioN/A
Current Ratio7.05
Quick Ratio5.39

Price-To-Earnings

Trailing P/E Ratio40.35
Forward P/E Ratio32.28
P/E Growth2.17

Sales & Book Value

Annual Sales$100.87 million
Price / Sales6.61
Cash Flow$1.0958 per share
Price / Cash31.52
Book Value$5.70 per share
Price / Book6.06

Profitability

EPS (Most Recent Fiscal Year)$0.86
Net Income$17.17 million
Net Margins21.09%
Return on Equity19.49%
Return on Assets17.06%

Miscellaneous

Employees423
Outstanding Shares19,310,000
Market Cap$670.72 million

LeMaitre Vascular (NASDAQ:LMAT) Frequently Asked Questions

What is LeMaitre Vascular's stock symbol?

LeMaitre Vascular trades on the NASDAQ under the ticker symbol "LMAT."

How often does LeMaitre Vascular pay dividends? What is the dividend yield for LeMaitre Vascular?

LeMaitre Vascular announced a quarterly dividend on Friday, July 27th. Investors of record on Wednesday, August 22nd will be paid a dividend of $0.07 per share on Thursday, September 6th. This represents a $0.28 annualized dividend and a yield of 0.81%. The ex-dividend date is Tuesday, August 21st. View LeMaitre Vascular's Dividend History.

How will LeMaitre Vascular's stock buyback program work?

LeMaitre Vascular declared that its Board of Directors has initiated a stock repurchase program on Friday, July 28th 2017, which allows the company to repurchase $7,500,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

How were LeMaitre Vascular's earnings last quarter?

LeMaitre Vascular Inc (NASDAQ:LMAT) released its quarterly earnings results on Thursday, July, 26th. The medical instruments supplier reported $0.21 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.21. The medical instruments supplier had revenue of $27.02 million for the quarter, compared to analyst estimates of $27.09 million. LeMaitre Vascular had a net margin of 21.09% and a return on equity of 19.49%. The business's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.23 earnings per share. View LeMaitre Vascular's Earnings History.

When is LeMaitre Vascular's next earnings date?

LeMaitre Vascular is scheduled to release their next quarterly earnings announcement on Thursday, October, 25th 2018. View Earnings Estimates for LeMaitre Vascular.

What guidance has LeMaitre Vascular issued on next quarter's earnings?

LeMaitre Vascular updated its FY18 earnings guidance on Thursday, July, 26th. The company provided earnings per share guidance of $1.04-1.11 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.98. The company issued revenue guidance of $105.3-107.9 million, compared to the consensus revenue estimate of $108.06 million.LeMaitre Vascular also updated its Q3 guidance to $0.20-0.22 EPS.

What price target have analysts set for LMAT?

6 analysts have issued twelve-month target prices for LeMaitre Vascular's shares. Their forecasts range from $34.00 to $45.00. On average, they expect LeMaitre Vascular's stock price to reach $37.6667 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price. View Analyst Price Targets for LeMaitre Vascular.

What is the consensus analysts' recommendation for LeMaitre Vascular?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LeMaitre Vascular in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LeMaitre Vascular.

Who are some of LeMaitre Vascular's key competitors?

Who are LeMaitre Vascular's key executives?

LeMaitre Vascular's management team includes the folowing people:
  • Mr. George W. LeMaitre, Chairman & CEO (Age 53)
  • Mr. David B. Roberts, Pres & Director (Age 54)
  • Mr. Joseph P. Pellegrino Jr., CFO, Treasurer, Sec. & Director (Age 53)
  • Mr. Trent G. Kamke, Sr. VP of Operations (Age 47)
  • Dr. George D. LeMaitre, Founder and Chairman of Scientific Advisory Board (Age 84)

Has LeMaitre Vascular been receiving favorable news coverage?

News stories about LMAT stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. LeMaitre Vascular earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned news stories about the medical instruments supplier an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for LeMaitre Vascular.

Who are LeMaitre Vascular's major shareholders?

LeMaitre Vascular's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.56%), Conestoga Capital Advisors LLC (7.21%), Dimensional Fund Advisors LP (5.21%), Epoch Investment Partners Inc. (4.83%), Janus Henderson Group PLC (3.58%) and Northern Trust Corp (1.33%). Company insiders that own LeMaitre Vascular stock include David B Roberts, George W Lemaitre, Joseph P Pellegrino Jr, Lawrence J Jasinski, Michael T Wijas, Peter R Gebauer and Trent G Kamke. View Institutional Ownership Trends for LeMaitre Vascular.

Which major investors are selling LeMaitre Vascular stock?

LMAT stock was sold by a variety of institutional investors in the last quarter, including Algert Global LLC, Renaissance Technologies LLC, Bank of America Corp DE, WINTON GROUP Ltd, American Century Companies Inc., Federated Investors Inc. PA, Fiera Capital Corp and King Luther Capital Management Corp. Company insiders that have sold LeMaitre Vascular company stock in the last year include David B Roberts, George W Lemaitre, Joseph P Pellegrino Jr and Trent G Kamke. View Insider Buying and Selling for LeMaitre Vascular.

Which major investors are buying LeMaitre Vascular stock?

LMAT stock was bought by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., Citadel Advisors LLC, Conestoga Capital Advisors LLC, BlackRock Inc., Janus Henderson Group PLC, Royce & Associates LP, Russell Investments Group Ltd. and Convergence Investment Partners LLC. View Insider Buying and Selling for LeMaitre Vascular.

How do I buy shares of LeMaitre Vascular?

Shares of LMAT 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 LeMaitre Vascular's stock price today?

One share of LMAT stock can currently be purchased for approximately $34.54.

How big of a company is LeMaitre Vascular?

LeMaitre Vascular has a market capitalization of $670.72 million and generates $100.87 million in revenue each year. The medical instruments supplier earns $17.17 million in net income (profit) each year or $0.86 on an earnings per share basis. LeMaitre Vascular employs 423 workers across the globe.

How can I contact LeMaitre Vascular?

LeMaitre Vascular's mailing address is 63 SECOND AVENUE, BURLINGTON MA, 01803. The medical instruments supplier can be reached via phone at 781-221-2266.


MarketBeat Community Rating for LeMaitre Vascular (NASDAQ LMAT)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  308 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  526
MarketBeat's community ratings are surveys of what our community members think about LeMaitre Vascular and other stocks. Vote "Outperform" if you believe LMAT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LMAT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel