Orthofix Medical - OFIX Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orthofix Medical in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OFIX shares.
View OFIX analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12-month price objectives for Orthofix Medical's stock. Their OFIX share price forecasts range from $45.00 to $45.00. On average, they predict the company's share price to reach $45.00 in the next year. This suggests a possible upside of 134.3% from the stock's current price.
View analysts price targets for OFIX or view top-rated stocks among Wall Street analysts.

Orthofix Medical's stock was trading at $31.09 at the start of the year. Since then, OFIX shares have decreased by 38.2% and is now trading at $19.21.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our OFIX earnings forecast.

Orthofix Medical Inc. (NASDAQ:OFIX) announced its quarterly earnings data on Friday, August, 5th. The medical device company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. The medical device company had revenue of $118.07 million for the quarter, compared to analyst estimates of $117.40 million. Orthofix Medical had a negative net margin of 8.00% and a positive trailing twelve-month return on equity of 1.90%.

Orthofix Medical updated its FY 2022 earnings guidance on Friday, September, 2nd. The company provided earnings per share guidance of $0.45-$0.55 for the period. The company issued revenue guidance of $455.00 million-$465.00 million, compared to the consensus revenue estimate of $479.18 million.

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.

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).

Orthofix Medical trades on the NASDAQ under the ticker symbol "OFIX."

Orthofix Medical's stock is owned by a number of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.17%). Insiders that own company stock include Catherine M Burzik, James F Hinrichs, Jon Carl Serbousek, Kimberley A Elting, Michael E Paolucci, Rice Doug and Ronald A Matricaria.
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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.
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One share of OFIX stock can currently be purchased for approximately $19.21.

Orthofix Medical (NASDAQ:OFIX) has a market capitalization of $382.47 million and generates $464.48 million in revenue each year. The medical device company earns $-38,380,000.00 in net income (profit) each year or ($1.86) on an earnings per share basis.

The company employs 1,087 workers across the globe.

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.