Orthofix Medical Inc., a medical device company, provides musculoskeletal healing products and value-added services worldwide. It operates through four segments: BioStim, Extremity Fixation, Spine Fixation, and Biologics. The BioStim segment manufactures, distributes, and provides support services for bone growth stimulator devices that enhance bone fusion and are indicated as treatment to enhance fusion success rates in cervical and lumbar spine, as well as a therapeutic treatment for non-spine fractures. The Extremity Fixation segment designs, develops, and markets orthopedic products used in fracture repair, deformity correction, and bone reconstruction procedures. The Spine Fixation segment designs, develops, and markets a portfolio of implant products used in surgical procedures of the spine. The Biologics segment provides a portfolio of regenerative products and tissue forms that allow physicians to treat a range of spinal and orthopedic conditions. The company markets and distributes its products through direct sales representatives; independent distributors; and employed and independent sales representatives to physicians, hospitals, ambulatory surgery centers, integrated health delivery systems, and other purchasing organizations. The company was formerly known as Orthofix International N.V. and changed its name to Orthofix Medical Inc. in July 2018. Orthofix Medical Inc. was founded in 1987 and is headquartered in Lewisville, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryHealth Care Equipment
SectorMedical
SymbolNASDAQ:OFIX
CUSIPN6748L10
Phone214-937-2000
Debt
Debt-to-Equity RatioN/A
Current Ratio3.71
Quick Ratio2.44
Price-To-Earnings
Trailing P/E Ratio34.07
Forward P/E Ratio32.85
P/E Growth3.32
Sales & Book Value
Annual Sales$433.82 million
Price / Sales2.39
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)$1.62
Net Income$6.22 million
Net Margins2.53%
Return on Equity10.74%
Return on Assets7.95%
Miscellaneous
Employees858
Outstanding Shares18,760,000
Market Cap$1.02 billion
Orthofix Medical (NASDAQ:OFIX) Frequently Asked Questions
What is Orthofix Medical's stock symbol?
Orthofix Medical trades on the NASDAQ under the ticker symbol "OFIX."
How were Orthofix Medical's earnings last quarter?
Orthofix Medical Inc (NASDAQ:OFIX) issued its earnings results on Monday, August, 6th. The medical device company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The medical device company earned $111.50 million during the quarter, compared to analysts' expectations of $114.62 million. Orthofix Medical had a net margin of 2.53% and a return on equity of 10.74%. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS. View Orthofix Medical's Earnings History.
When is Orthofix Medical's next earnings date?
What guidance has Orthofix Medical issued on next quarter's earnings?
Orthofix Medical updated its FY18 earnings guidance on Monday, August, 6th. The company provided EPS guidance of $1.66-1.72 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.65. The company issued revenue guidance of $450-456 million, compared to the consensus revenue estimate of $461.23 million.Orthofix Medical also updated its Q3 guidance to $0.35-0.79 EPS.
What price target have analysts set for OFIX?
4 Wall Street analysts have issued 12-month price targets for Orthofix Medical's stock. Their forecasts range from $56.00 to $67.00. On average, they anticipate Orthofix Medical's share price to reach $63.00 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Orthofix Medical.
What is the consensus analysts' recommendation for Orthofix Medical?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orthofix Medical in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Orthofix Medical.
Are investors shorting Orthofix Medical?
Orthofix Medical saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 477,585 shares, a drop of 29.0% from the August 15th total of 672,614 shares. Based on an average daily trading volume, of 147,133 shares, the short-interest ratio is currently 3.2 days. Approximately 2.6% of the company's stock are sold short. View Orthofix Medical's Current Options Chain.
Who are some of Orthofix Medical's key competitors?
Some companies that are related to Orthofix Medical include Cantel Medical (CMD), NuVasive (NUVA), Merit Medical Systems (MMSI), Tandem Diabetes Care (TNDM), Irhythm Technologies (IRTC), Glaukos (GKOS), Nevro (NVRO), Mazor Robotics (MZOR), Luminex (LMNX), Cryolife (CRY), AtriCure (ATRC), Cardiovascular Systems (CSII), Atrion (ATRI), K2M Group (KTWO) and Tactile Systems Technology (TCMD).
Who are Orthofix Medical's key executives?
Orthofix Medical's management team includes the folowing people:
- Mr. Bradley R. Mason, Pres, CEO & Director (Age 64)
- Mr. Douglas C. Rice, CFO & Chief Accounting Officer (Age 52)
- Ms. Kimberley A. Elting, Chief Legal & Admin. Officer (Age 53)
- Mr. Michael M. Finegan, Chief Strategy Officer (Age 54)
- Mr. Davide Bianchi, Pres of Global Orthofix Extremities (Age 53)
Who are Orthofix Medical's major shareholders?
Orthofix Medical's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.74%), Dimensional Fund Advisors LP (4.72%), Renaissance Technologies LLC (3.61%), Segall Bryant & Hamill LLC (3.48%), Diamond Hill Capital Management Inc. (2.21%) and Acadian Asset Management LLC (1.89%). Company insiders that own Orthofix Medical stock include Brad Mason, Bradley V Niemann, Davide Bianchi, Luke T Faulstick, Raymond Fujikawa, Rice Doug and Ronald A Matricaria. View Institutional Ownership Trends for Orthofix Medical.
Which major investors are selling Orthofix Medical stock?
OFIX stock was sold by a variety of institutional investors in the last quarter, including Oakview Capital Management L.P., Tygh Capital Management Inc., Bank of Montreal Can, Segall Bryant & Hamill LLC, GSA Capital Partners LLP, California Public Employees Retirement System, Wells Fargo & Company MN and BlueMountain Capital Management LLC. Company insiders that have sold Orthofix Medical company stock in the last year include Brad Mason, Bradley V Niemann, Davide Bianchi and Luke T Faulstick. View Insider Buying and Selling for Orthofix Medical.
Which major investors are buying Orthofix Medical stock?
OFIX stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., First Trust Advisors LP, Paradice Investment Management LLC, Schwab Charles Investment Management Inc., Acadian Asset Management LLC, American Century Companies Inc., Renaissance Technologies LLC and Russell Investments Group Ltd.. View Insider Buying and Selling for Orthofix Medical.
How do I buy shares of Orthofix Medical?
Shares of OFIX 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 Orthofix Medical's stock price today?
One share of OFIX stock can currently be purchased for approximately $55.19.
How big of a company is Orthofix Medical?
Orthofix Medical has a market capitalization of $1.02 billion and generates $433.82 million in revenue each year. The medical device company earns $6.22 million in net income (profit) each year or $1.62 on an earnings per share basis. Orthofix Medical employs 858 workers across the globe.
What is Orthofix Medical's official website?
How can I contact Orthofix Medical?
Orthofix Medical's mailing address is 3451 Plano Parkway, Lewisville TX, 75056. The medical device company can be reached via phone at 214-937-2000 or via email at [email protected]
MarketBeat Community Rating for Orthofix Medical (NASDAQ OFIX)
MarketBeat's community ratings are surveys of what our community members think about Orthofix Medical and other stocks. Vote "Outperform" if you believe OFIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OFIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
