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

$26.80
+0.56 (+2.13 %)
(As of 06/18/2019 03:01 PM ET)
Today's Range
$26.48
Now: $26.80
$26.97
50-Day Range
$25.59
MA: $27.04
$29.24
52-Week Range
$21.79
Now: $26.80
$38.99
Volume4,490 shs
Average Volume69,654 shs
Market Capitalization$527.16 million
P/E Ratio31.99
Dividend Yield1.30%
Beta1.17
LeMaitre 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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$105.57 million
Cash Flow$1.1218 per share
Book Value$6.65 per share

Profitability

Net Income$22.94 million

Miscellaneous

EmployeesN/A
Market Cap$527.16 million
Next Earnings Date7/25/2019 (Estimated)
OptionableOptionable

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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 Thursday, May 2nd. Shareholders of record on Wednesday, May 22nd will be given a dividend of $0.085 per share on Thursday, June 6th. This represents a $0.34 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Tuesday, May 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 authorized a stock repurchase plan on Friday, July 28th 2017, which allows the company to repurchase $7,500,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were LeMaitre Vascular's earnings last quarter?

LeMaitre Vascular Inc (NASDAQ:LMAT) announced its quarterly earnings results on Wednesday, May, 1st. The medical instruments supplier reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.02. The medical instruments supplier earned $28.48 million during the quarter, compared to the consensus estimate of $27.94 million. LeMaitre Vascular had a net margin of 20.92% and a return on equity of 16.76%. The business's revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.19 EPS. 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, July 25th 2019. View Earnings Estimates for LeMaitre Vascular.

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

LeMaitre Vascular issued an update on its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of $0.82-0.86 for the period, compared to the Thomson Reuters consensus estimate of $0.84. The company issued revenue guidance of $113.5-114.7 million, compared to the consensus revenue estimate of $113.62 million.LeMaitre Vascular also updated its Q2 guidance to $0.20-22 EPS.

What price target have analysts set for LMAT?

4 Wall Street analysts have issued 1-year price objectives for LeMaitre Vascular's stock. Their predictions range from $27.00 to $34.00. On average, they anticipate LeMaitre Vascular's stock price to reach $31.25 in the next twelve months. This suggests a possible upside of 16.6% from the stock's current price. View Analyst Price Targets for LeMaitre Vascular.

What is the consensus analysts' recommendation for LeMaitre Vascular?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LeMaitre Vascular in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for LeMaitre Vascular.

What are Wall Street analysts saying about LeMaitre Vascular stock?

Here are some recent quotes from research analysts about LeMaitre Vascular stock:
  • 1. According to Zacks Investment Research, "LeMaitre Vascular, Inc. is a provider of devices, implants and services for the treatment of peripheral vascular disease, a condition that affects the people worldwide. LeMaitre develops, manufactures, and markets disposable and implantable vascular devices to address the needs of vascular surgeons and interventionalists. LeMaitre's diversified product portfolio consists of twelve well-known brand name products used in arteries and veins outside of the heart and are supported by a growing, specialized and highly trained organization of vascular sales professionals. LeMaitre Vascular offers a wide range of innovative products to vascular surgeons and interventionalists for improving procedure efficacy and minimizing patient recovery time. " (5/7/2019)
  • 2. Barrington Research analysts commented, "We are maintaining our OUTPERFORM investment rating on LMAT shares and are increasing our price target to $32 (from $30 previously) given the encouraging organic growth (and particularly the strong unit volume growth). We think margins will expand meaningfully (vs. Q1) for the remainder of FY/19 and step up again in FY/20 as recently-hired sale reps become increasingly productive. We arrive at our target by attaching a 20x multiple to our 2019 adjusted EBITDA estimate. We assume approximately $60 million in net cash 12 months from now." (5/2/2019)

Has LeMaitre Vascular been receiving favorable news coverage?

News stories about LMAT stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. LeMaitre Vascular earned a news sentiment score of 0.1 on InfoTrie's scale. They also assigned media coverage about the medical instruments supplier a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for LeMaitre Vascular.

Are investors shorting LeMaitre Vascular?

LeMaitre Vascular saw a increase in short interest in May. As of May 31st, there was short interest totalling 1,757,200 shares, an increase of 6.6% from the April 30th total of 1,648,000 shares. Based on an average daily volume of 127,000 shares, the days-to-cover ratio is presently 13.8 days. Currently, 11.0% of the company's stock are short sold. View LeMaitre Vascular's Current Options Chain.

Who are some of LeMaitre Vascular's key competitors?

What other stocks do shareholders of LeMaitre Vascular own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LeMaitre Vascular investors own include Canopy Growth (CGC), Sociedad Quimica y Minera de Chile (SQM), Aurora Cannabis (ACBFF), NVIDIA (NVDA), Adobe (ADBE), AbbVie (ABBV), Teva Pharmaceutical Industries (TEVA), Gilead Sciences (GILD), Netflix (NFLX) and Aurora Cannabis (ACB).

Who are LeMaitre Vascular's key executives?

LeMaitre Vascular's management team includes the folowing people:
  • Mr. George W. LeMaitre, Chairman & CEO (Age 54)
  • Mr. David B. Roberts, Pres & Director (Age 55)
  • Mr. Joseph P. Pellegrino Jr., CFO, Treasurer, Sec. & Director (Age 54)
  • Mr. Trent G. Kamke, Sr. VP of Operations (Age 48)
  • Dr. George D. LeMaitre, Founder and Chairman of Scientific Advisory Board (Age 85)

Who are LeMaitre Vascular's major shareholders?

LeMaitre Vascular's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Conestoga Capital Advisors LLC (8.65%), THB Asset Management (1.92%), Summit Creek Advisors LLC (1.17%), Wasatch Advisors Inc. (1.11%), Marshall Wace LLP (0.82%) and Kennedy Capital Management Inc. (0.82%). Company insiders that own LeMaitre Vascular stock include David B Roberts, George W Lemaitre, Joseph P Pellegrino Jr, Lawrence J Jasinski, Michael H Thomas, Peter R Gebauer and Trent G Kamke. View Institutional Ownership Trends for LeMaitre Vascular.

Which institutional investors are selling LeMaitre Vascular stock?

LMAT stock was sold by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Royce & Associates LP, Kennedy Capital Management Inc., THB Asset Management, Perkins Capital Management Inc., Rice Hall James & Associates LLC, Victory Capital Management Inc. and Raymond James Financial Services Advisors Inc.. Company insiders that have sold LeMaitre Vascular company stock in the last year include David B Roberts, George W Lemaitre, Joseph P Pellegrino Jr, Michael H Thomas and Trent G Kamke. View Insider Buying and Selling for LeMaitre Vascular.

Which institutional investors are buying LeMaitre Vascular stock?

LMAT stock was bought by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Wasatch Advisors Inc., Bridge City Capital LLC, Marshall Wace LLP, Marshall Wace North America L.P., Conestoga Capital Advisors LLC, Wedge Capital Management L L P NC and 6 Meridian. 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 $26.80.

How big of a company is LeMaitre Vascular?

LeMaitre Vascular has a market capitalization of $527.16 million and generates $105.57 million in revenue each year. The medical instruments supplier earns $22.94 million in net income (profit) each year or $0.84 on an earnings per share basis. View Additional Information About LeMaitre Vascular.

What is LeMaitre Vascular's official website?

The official website for LeMaitre Vascular is http://www.lemaitre.com/.

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:  2.8 out of 5 (star star)
Outperform Votes:  350 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  616
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 6/18/2019 by MarketBeat.com Staff

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