NASDAQ:OFIX Orthofix Medical Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $28.99 -0.86 (-2.88 %) (As of 09/21/2020 02:15 PM ET) Add Compare Share Today's Range$28.91Now: $28.99▼$29.1650-Day Range$28.24MA: $31.08▼$34.9852-Week Range$22.11Now: $28.99▼$54.90Volume2,273 shsAverage Volume141,862 shsMarket Capitalization$560.32 millionP/E RatioN/ADividend YieldN/ABeta1.04 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Orthofix Medical Inc., a medical device company, provides musculoskeletal healing products and therapies worldwide. It operates through four segments: Bone Growth Therapies, Spinal Implants, Biologics, and Orthofix Extremities. The Bone Growth Therapies 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-spinal appendicular fractures. The Spinal Implants 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 Orthofix Extremities segment designs, develops, and markets orthopedic products used in fracture repair, deformity correction, and bone reconstruction procedures. 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingOrthofix Medical has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $49.00, Orthofix Medical has a forecasted upside of 69.0% from its current price of $29.00.Amount of Analyst CoverageOrthofix Medical has received no research coverage in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesOrthofix Medical has received 375 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOrthofix Medical has received 449 “underperform” votes. (Add your “underperform” vote.)Community SentimentOrthofix Medical has received 54.49% “underperform” votes from our community.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. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Orthofix Medical insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.50% of the stock of Orthofix Medical is held by insiders.Percentage Held by Institutions93.79% 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 ($0.49) to $0.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Orthofix Medical is -24.58, 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 -24.58, 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 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Surgical & medical instruments Sub-IndustryHealth Care Equipment SectorMedical Current SymbolNASDAQ:OFIX Previous Symbol CUSIPN6748L10 CIK884624 Webwww.orthofix.com Phone214-937-2000Debt Debt-to-Equity Ratio0.36 Current Ratio3.83 Quick Ratio2.92Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$459.95 million Price / Sales1.22 Cash Flow$2.99 per share Price / Cash Flow9.71 Book Value$17.22 per share Price / Book1.68Profitability EPS (Most Recent Fiscal Year)$1.47 Net Income$-28,460,000.00 Net Margins-5.22% Return on Equity2.47% Return on Assets1.60%Miscellaneous Employees1,055 Outstanding Shares19,328,000Market Cap$560.32 million Next Earnings Date10/26/2020 (Estimated) OptionableOptionable $28.99 -0.86 (-2.88 %) (As of 09/21/2020 02:15 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OFIX News and Ratings via Email Sign-up to receive the latest news and ratings for OFIX and its competitors with MarketBeat's FREE daily newsletter. Orthofix Medical (NASDAQ:OFIX) Frequently Asked Questions How has Orthofix Medical's stock been impacted by COVID-19? Orthofix Medical's stock was trading at $30.67 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, OFIX shares have decreased by 5.5% and is now trading at $28.99. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Orthofix Medical? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Orthofix Medical in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Orthofix Medical. When is Orthofix Medical's next earnings date? Orthofix Medical is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020. View our earnings forecast for Orthofix Medical. How were Orthofix Medical's earnings last quarter? Orthofix Medical Inc (NASDAQ:OFIX) posted its earnings results on Thursday, August, 6th. The medical device company reported ($0.59) earnings per share for the quarter, beating the consensus estimate of ($0.80) by $0.21. The medical device company had revenue of $73.14 million for the quarter, compared to the consensus estimate of $53.80 million. Orthofix Medical had a positive return on equity of 2.47% and a negative net margin of 5.22%. View Orthofix Medical's earnings history. What price target have analysts set for OFIX? 2 analysts have issued twelve-month price targets for Orthofix Medical's stock. Their forecasts range from $42.00 to $56.00. On average, they expect Orthofix Medical's stock price to reach $49.00 in the next year. This suggests a possible upside of 69.0% from the stock's current price. View analysts' price targets 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 totaling 251,400 shares, a drop of 14.3% from the August 15th total of 293,500 shares. Based on an average daily trading volume, of 114,900 shares, the days-to-cover ratio is presently 2.2 days. Approximately 1.4% of the shares of the stock are sold short. View Orthofix Medical's Short Interest. Who are some of Orthofix Medical's key competitors? Some companies that are related to Orthofix Medical include Abbott Laboratories (ABT), Medtronic (MDT), Stryker (SYK), Intuitive Surgical (ISRG), Becton Dickinson and (BDX), Boston Scientific (BSX), Edwards Lifesciences (EW), Baxter International (BAX), DexCom (DXCM), IDEXX Laboratories (IDXX), ResMed (RMD), Hologic (HOLX), Teleflex (TFX), Varian Medical Systems (VAR) and Steris (STE). View all competitors. 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), Gilead Sciences (GILD), Exxon Mobil (XOM), Biogen (BIIB), Edwards Lifesciences (EW), Zoetis (ZTS), ABIOMED (ABMD), Allergan (AGN) and Alphabet (GOOG). Who are Orthofix Medical's key executives? Orthofix Medical's management team includes the following people: Mr. Bradley R. Mason, Pres, CEO & Director (Age 65)Mr. Douglas C. Rice, CFO & Chief Accounting Officer (Age 53)Ms. Kimberley A. Elting, Chief Legal & Admin. Officer (Age 54)Mr. Michael M. Finegan, Chief Strategy Officer (Age 55)Mr. Davide Bianchi, Pres of Global Extremities (Age 54) 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 many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.21%), Paradice Investment Management LLC (5.32%), Nuveen Asset Management LLC (2.70%), Gabelli Funds LLC (1.38%), Bank of Montreal Can (1.29%) and Bank of New York Mellon Corp (1.18%). Company insiders that own Orthofix Medical stock include Brad Mason, Bradley V Niemann, Davide Bianchi, James F Hinrichs, Jon Carl Serbousek, Kimberley A Elting, Luke T Faulstick, Rice Doug and Ronald A Matricaria. View institutional ownership trends for Orthofix Medical. Which institutional investors are selling Orthofix Medical stock? OFIX stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Jacobs Levy Equity Management Inc., SG Americas Securities LLC, Paradice Investment Management LLC, Vanguard Group Inc., Man Group plc, Goldman Sachs Group Inc., and Engineers Gate Manager LP. View insider buying and selling activity for Orthofix Medical. Which institutional investors are buying Orthofix Medical stock? OFIX stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Nuveen Asset Management LLC, Assenagon Asset Management S.A., Mackay Shields LLC, Canada Pension Plan Investment Board, Bank of Montreal Can, Bank of New York Mellon Corp, and Federated Hermes Inc.. Company insiders that have bought Orthofix Medical stock in the last two years include James F Hinrichs, Jon Carl Serbousek, and Ronald A Matricaria. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Orthofix Medical's stock price today? One share of OFIX stock can currently be purchased for approximately $28.99. How big of a company is Orthofix Medical? Orthofix Medical has a market capitalization of $560.32 million and generates $459.95 million in revenue each year. The medical device company earns $-28,460,000.00 in net income (profit) each year or $1.47 on an earnings per share basis. Orthofix Medical employs 1,055 workers across the globe. What is Orthofix Medical's official website? The official website for Orthofix Medical is www.orthofix.com. 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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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