NASDAQ:OFIX Orthofix Medical (OFIX) Stock Forecast, Price & News $19.72 +0.04 (+0.20%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$19.56▼$20.2850-Day Range$15.69▼$20.3152-Week Range$13.76▼$27.51Volume188,404 shsAverage Volume239,294 shsMarket Capitalization$720.57 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Orthofix Medical MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish3.04% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.51Based on 7 Articles This WeekInsider TradingSelling Shares$232,268 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($2.89) to ($0.94) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.38 out of 5 starsMedical Sector927th out of 982 stocksSurgical & Medical Instruments Industry93rd out of 98 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Orthofix Medical. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.04% of the outstanding shares of Orthofix Medical have been sold short.Short Interest Ratio / Days to CoverOrthofix Medical has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Orthofix Medical has recently increased by 9.90%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldOrthofix Medical does not currently pay a dividend.Dividend GrowthOrthofix Medical does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OFIX. Previous Next 2.5 News and Social Media Coverage News SentimentOrthofix Medical has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Orthofix Medical this week, compared to 4 articles on an average week.MarketBeat Follows2 people have added Orthofix Medical to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Orthofix Medical insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $232,268.00 in company stock.Percentage Held by InsidersOnly 3.50% of the stock of Orthofix Medical is held by insiders.Percentage Held by Institutions98.43% of the stock of Orthofix Medical is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Orthofix Medical are expected to grow in the coming year, from ($2.89) to ($0.94) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Orthofix Medical is -7.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Orthofix Medical is -7.98, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioOrthofix Medical has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Orthofix Medical (NASDAQ:OFIX) StockOrthofix Medical, Inc. engages in the provision of medical devices. It operates through the following business segments: Global Spine and Global Extremities. The Global Spine reporting segment offers three primary product categories: Bone Growth Therapies, Spinal Implants, and Biologics. The Bone Growth Therapies product category manufactures, distributes, and provides support services of bone growth stimulator devices that enhance bone fusion. The Spinal Implants product category designs, develops, and markets a broad portfolio of motion preservation and fixation implant products used in surgical procedures of the spine. The Biologics product category provides a portfolio of regenerative products and tissue forms that allow physicians to treat a variety of spinal and orthopedic conditions. The Global Extremities reporting segment offers products and solutions that allow physicians to successfully treat a variety of orthopedic conditions unrelated to the spine. The company was founded on October 19, 1987 and is headquartered in Lewisville, TX.Read More Receive OFIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Orthofix Medical and its competitors with MarketBeat's FREE daily newsletter. Email Address OFIX Stock News HeadlinesJune 7, 2023 | americanbankingnews.comOrthofix Medical (NASDAQ:OFIX) Receives New Coverage from Analysts at StockNews.comJune 6, 2023 | benzinga.comCatalyst OrthoScience Announces Mark Quick as Chief Financial OfficerJune 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.June 1, 2023 | finance.yahoo.comOrthofix Announces First Presentation of Seven-Year Outcome Data for the M6-C Artificial Cervical Disc With Other Clinical and Scientific Abstracts at the ISASS Annual MeetingMay 30, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Orthofix Medical (NASDAQ:OFIX)May 29, 2023 | americanbankingnews.comInsider Selling: Orthofix Medical Inc. (NASDAQ:OFIX) Insider Sells $82,973.00 in StockMay 28, 2023 | americanbankingnews.comOrthofix Medical Inc. (NASDAQ:OFIX) Insider Sells $73,644.00 in StockMay 23, 2023 | americanbankingnews.comOrthofix Medical (NASDAQ:OFIX) Now Covered by StockNews.comJune 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.May 17, 2023 | marketwatch.comTrauma Fixation Device Market Medical Industry Prognosticated For A Ravishing Growth By 2030 Stryker, Orthofix, Smith & NephewMay 13, 2023 | marketwatch.com(2023-2030)Cervical Total Disc Replacement Device Market Price & News with Share ForecastMay 12, 2023 | americanbankingnews.comHead to Head Analysis: Orthofix Medical (NASDAQ:OFIX) and Vivos Therapeutics (NASDAQ:VVOS)May 10, 2023 | marketwatch.comMedical Bionics Market Report | Research Across The World 2031May 10, 2023 | marketwatch.comPelvic Ring Fixation Market to Flourish with an Impressive CAGR of +10% by 2029 with PelvicBinder, Lineage Medical, AuxeinMay 9, 2023 | finance.yahoo.comOrthofix Reports First Quarter 2023 ResultsMay 8, 2023 | marketwatch.com3D Printed Titanium Implants Market Hitting New Highs by 2030 | Orthofix, Xilloc Medical Int B.V.May 8, 2023 | msn.comOrthofix Medical's Earnings: A PreviewMay 5, 2023 | marketwatch.comElectrical Bone Stimulators Market Report Revealing The Latest Trends And Advances From 2023 to 2030| Orthofix Medical, Zimmer Biomet, DJO FinanceMay 5, 2023 | marketwatch.comNon-Invasive Bone Stimulators Market Report Revealing The Latest Trends And Advances From 2023 to 2030| Orthofix Medical, Zimmer Biomet, DJO FinanceMay 5, 2023 | marketwatch.comOrthopaedics and Sports Medicine Market Emerging Trends till 2031May 4, 2023 | marketwatch.comBone Screw System Market 2023 Analysis And In-Depth Research On Market Size, Trends, Emerging Growth Factors And Forecast To 2030May 4, 2023 | finance.yahoo.comMedTech Breakthrough Recognizes STIM onTrack for Bone Growth Therapy as Best Patient Engagement Mobile AppMay 3, 2023 | marketwatch.comSpine Surgery Medical Equipment Market Growth Opportunities and Emerging Trends till 2031April 29, 2023 | marketwatch.comSpine Surgery Medical Equipment Market Complete Overview till 2030April 29, 2023 | americanbankingnews.comOrthofix Medical (NASDAQ:OFIX) Now Covered by Analysts at StockNews.comApril 28, 2023 | uk.finance.yahoo.comGlobal Foot and Ankle Devices Market Report 2023: Increasing Incorporation of Technology and Strategic Initiatives Fuel the SectorApril 28, 2023 | marketwatch.comLow Frequency Electromagnetic Therapy Device Market Future Trends Demand 2023, and Forecast to 2030 | Orthofix Holdings, BEMER, Dolphin MPSSee More Headlines OFIX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OFIX Company Calendar Last Earnings3/06/2023Today6/07/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical & medical instruments Sub-IndustryHealth Care Equipment SectorMedical Current SymbolNASDAQ:OFIX CUSIPN6748L10 CIK884624 Webwww.orthofix.com Phone(214) 937-2000Fax599 9 461 6978Employees1,092Year Founded1980Profitability EPS (Most Recent Fiscal Year)($2.47) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-19,750,000.00 Net Margins-14.40% Pretax Margin-13.91% Return on Equity-2.14% Return on Assets-1.57% Debt Debt-to-Equity Ratio0.10 Current Ratio2.98 Quick Ratio1.37 Sales & Book Value Annual Sales$460.71 million Price / Sales1.56 Cash Flow$1.87 per share Price / Cash Flow10.53 Book Value$16.71 per share Price / Book1.18Miscellaneous Outstanding Shares36,540,000Free Float35,265,000Market Cap$720.57 million OptionableOptionable Beta0.87 Social Links Key ExecutivesKeith C. ValentinePresident, Chief Executive Officer & DirectorRoberto DonadelloSenior Vice President-Global OperationsJohn J. BostjancicChief Financial OfficerEhab M. EsmailSVP-Global Quality, Regulatory & Clinical AffairsFrank VizesiChief Scientific OfficerKey CompetitorsCardiovascular SystemsNASDAQ:CSIIAngioDynamicsNASDAQ:ANGOAccurayNASDAQ:ARAYSurmodicsNASDAQ:SRDXAlphatecNASDAQ:ATECView All CompetitorsInsiders & InstitutionsKevin J KennySold 3,876 sharesTotal: $73,644.00 ($19.00/share)Legato Capital Management LLCBought 34,516 shares on 5/25/2023Ownership: 0.094%Kevin J KennySold 4,367 sharesTotal: $82,973.00 ($19.00/share)Ameriprise Financial Inc.Sold 36,867 shares on 5/22/2023Ownership: 1.170%Putnam Investments LLCSold 956 shares on 5/22/2023Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions OFIX Stock - Frequently Asked Questions How have OFIX shares performed in 2023? Orthofix Medical's stock was trading at $20.53 at the beginning of 2023. Since then, OFIX stock has decreased by 3.9% and is now trading at $19.72. View the best growth stocks for 2023 here. When is Orthofix Medical's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023. View our OFIX earnings forecast. How were Orthofix Medical's earnings last quarter? Orthofix Medical Inc. (NASDAQ:OFIX) issued its quarterly earnings results on Monday, March, 6th. The medical device company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.56. The medical device company earned $122.23 million during the quarter, compared to analysts' expectations of $121.90 million. Orthofix Medical had a negative trailing twelve-month return on equity of 2.14% and a negative net margin of 14.40%. During the same quarter in the previous year, the company earned $0.27 earnings per share. What ETFs hold Orthofix Medical's stock? ETFs with the largest weight of Orthofix Medical (NASDAQ:OFIX) stock in their portfolio include SPDR S&P Health Care Equipment ETF (XHE), Invesco S&P SmallCap Health Care ETF (PSCH), Invesco Nasdaq Future Gen 200 ETF (QQQS), Syntax Stratified SmallCap ETF (SSLY), Invesco S&P SmallCap 600 Pure Value ETF (RZV), IQ Chaikin U.S. Small Cap ETF (CSML), iShares Micro-Cap ETF (IWC) and Principal Healthcare Innovators ETF (BTEC). What guidance has Orthofix Medical issued on next quarter's earnings? Orthofix Medical updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $750.00 million-$756.00 million, compared to the consensus revenue estimate of $748.69 million. What is Brad Mason's approval rating as Orthofix Medical's CEO? 32 employees have rated Orthofix Medical Chief Executive Officer Brad Mason on Glassdoor.com. Brad Mason has an approval rating of 73% among the company's employees. What other stocks do shareholders of Orthofix Medical own? Based on aggregate information from My MarketBeat watchlists, some companies that other Orthofix Medical investors own include AbbVie (ABBV), Enterprise Products Partners (EPD), Edwards Lifesciences (EW), Gilead Sciences (GILD), Biogen (BIIB), Pfizer (PFE), Exxon Mobil (XOM), Advanced Micro Devices (AMD), bluebird bio (BLUE) and Esperion Therapeutics (ESPR). What is Orthofix Medical's stock symbol? Orthofix Medical trades on the NASDAQ under the ticker symbol "OFIX." Who are Orthofix Medical's major shareholders? Orthofix Medical's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (16.48%), First Light Asset Management LLC (7.27%), Segall Bryant & Hamill LLC (5.72%), Rubric Capital Management LP (5.61%), Armistice Capital LLC (5.04%) and State Street Corp (4.30%). Insiders that own company stock include Catherine M Burzik, Jon Carl Serbousek, Kevin J Kenny, Kimberley A Elting, Michael E Paolucci, Rice Doug and Shweta Maniar. View institutional ownership trends. How do I buy shares of Orthofix Medical? Shares of OFIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Orthofix Medical's stock price today? One share of OFIX stock can currently be purchased for approximately $19.72. How much money does Orthofix Medical make? Orthofix Medical (NASDAQ:OFIX) has a market capitalization of $720.57 million and generates $460.71 million in revenue each year. The medical device company earns $-19,750,000.00 in net income (profit) each year or ($2.47) on an earnings per share basis. How many employees does Orthofix Medical have? The company employs 1,092 workers across the globe. How can I contact Orthofix Medical? Orthofix Medical's mailing address is 3451 Plano Parkway, Lewisville TX, 75056. The official website for the company is www.orthofix.com. The medical device company can be reached via phone at (214) 937-2000, via email at markquick@orthofix.com, or via fax at 599 9 461 6978. This page (NASDAQ:OFIX) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Orthofix Medical Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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