Orthofix Medical Inc. (OFIX)

NASDAQ: OFIX · IEX Real-Time Price · USD
20.02
+0.15 (0.75%)
Dec 2, 2022 4:00 PM EST - Market closed
0.75%
Market Cap 397.63M
Revenue (ttm) 463.55M
Net Income (ttm) -45.50M
Shares Out 20.09M
EPS (ttm) -1.87
PE Ratio n/a
Forward PE 24.69
Dividend n/a
Ex-Dividend Date n/a
Volume 366,319
Open 19.57
Previous Close 19.87
Day's Range 19.34 - 20.54
52-Week Range 13.76 - 36.13
Beta 0.92
Analysts Buy
Price Target 34.34 (+71.5%)
Earnings Date Nov 3, 2022

About OFIX

Orthofix Medical Inc. operates as a medical device and biologics company in the United States, Italy, Germany, France, the United Kingdom, Brazil, and internationally. It operates through two segments, Global Spine and Global Orthopedics. The Global Spine segment manufactures, distributes, and provides support services for bone growth stimulator devices that enhance bone fusion, as well as used as a therapeutic treatment for non-spinal and appendicular fractures. This segment also designs, develops, and markets a portfolio of motion preservatio... [Read more]

Industry Health Care Equipment & Supplies
Founded 1987
Employees 1,087
Stock Exchange NASDAQ
Ticker Symbol OFIX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for OFIX stock is "Buy." The 12-month stock price forecast is 34.34, which is an increase of 71.53% from the latest price.

Price Target
$34.34
(71.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SEASPINE HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Mer...

NEW ORLEANS--( BUSINESS WIRE )--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of SeaSpine Holdi...

Other symbols: SPNE
4 days ago - Business Wire

Orthofix and SeaSpine Announce John Bostjancic to Serve as CFO for Combined Company Post Closing

LEWISVILLE, Texas & CARLSBAD, Calif.--( BUSINESS WIRE )--Orthofix (NASDAQ: OFIX), a global medical device company with a spine and orthopedics focus, and SeaSpine (NASDAQ: SPNE), a global medical techno...

Other symbols: SPNE
2 weeks ago - Business Wire

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Orthofix Medical Inc. for Potential Breaches of Fiduciary...

NEW YORK , Nov. 17, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim i...

2 weeks ago - PRNewsWire

Orthofix Medical Announces Participation in Upcoming Stifel Healthcare Conference

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced that President and Chief Executive Officer Jo...

3 weeks ago - Business Wire

Orthofix (OFIX) Q3 Earnings and Revenues Surpass Estimates

Orthofix (OFIX) delivered earnings and revenue surprises of 550% and 2.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Orthofix Reports Third Quarter 2022 Results

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX) today reported its financial results for the quarter ended September 30, 2022.

1 month ago - Business Wire

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FCRD, SPNE, OFIX

NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of...

Other symbols: FCRDSPNE
1 month ago - PRNewsWire

Orthofix Medical Schedules Third Quarter Earnings Release and Conference Call for November 3, 2022

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced that it will release its third quarter 2022 f...

1 month ago - Business Wire

SHAREHOLDER ALERT: Weiss Law Investigates Orthofix Medical Inc.

NEW YORK , Oct. 14, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Orthofix Medical Inc. ("Orthofix" or the ...

Other symbols: SPNE
1 month ago - PRNewsWire

Orthofix (OFIX) Soars 5%: Is Further Upside Left in the Stock?

Orthofix (OFIX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in t...

1 month ago - Zacks Investment Research

Orthofix Announces First Patient Implants with Legacy Demineralized Bone Matrix for Spine, Pelvic and Extremities Pro...

LEWISVILLE, Texas--(BUSINESS WIRE)--Full market release and first implants of Legacy Demineralized Bone Matrix, a putty for filling voids or gaps in boney defects

1 month ago - Business Wire

Orthofix and MTF Biologics Recognized with 2022 Spine Technology Award for Virtuos Lyograft – a First-of-Its-Kind, Sh...

LEWISVILLE, Texas--(BUSINESS WIRE)--Virtuos™ Lyograft receives the 2022 Spine Technology Award from Orthopedics This Week, the most widely read publication in the Orthopedics industry

1 month ago - Business Wire

OFIX STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Merger of Orthofix Medical Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Orthofix Medical Inc. (NASDAQ: OFIX) and SeaSpine Holdings Corporation is fair to Orthofi...

1 month ago - Business Wire

Orthofix Announces Preliminary Third Quarter and Year-To-Date 2022 Net Sales Results

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX) today announced preliminary unaudited third quarter 2022 net sales of approximately $114 million, an increase of 1% on a reported ...

1 month ago - Business Wire

Orthofix and SeaSpine to Combine in Merger of Equals to Create Leading Global Spine and Orthopedics Company

LEWISVILLE, Texas & CARLSBAD, Calif.--(BUSINESS WIRE)--Orthofix (NASDAQ: OFIX), a global medical device company with a spine and orthopedics focus, and SeaSpine (NASDAQ: SPNE), a global medical technolo...

Other symbols: SPNE
1 month ago - Business Wire

Orthofix Announces Presentation of Long-Term Evidence Highlighting the Clinical Management of Cervical Disc Arthropla...

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced the presentation of long-term evidence highli...

1 month ago - Business Wire

Orthofix Medical Announces Participation in Upcoming Sidoti Virtual Investor Conference

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced that President and Chief Executive Officer Jo...

2 months ago - Business Wire

Orthofix (OFIX) Beats Q2 Earnings and Revenue Estimates

Orthofix (OFIX) delivered earnings and revenue surprises of 14.29% and 0.57%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Orthofix Reports Second Quarter 2022 Results

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX) today reported its financial results for the quarter ended June 30, 2022. Net sales were $118.1 million, earnings per share (“EPS”...

4 months ago - Business Wire

Orthofix Medical and CGBio Announce Strategic Partnership Agreement for Novosis rhBMP-2 Bone Graft Solutions

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced a strategic partnership agreement with CGBio,...

4 months ago - Business Wire

Analysts Estimate Orthofix (OFIX) to Report a Decline in Earnings: What to Look Out for

Orthofix (OFIX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Orthofix Medical Schedules Second Quarter Earnings Release and Conference Call for August 5, 2022

LEWISVILLE, Texas--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced that it will release its second quarter 2022 ...

4 months ago - Business Wire

Orthofix Announces First Clinical Use of Virtuos Lyograft – a First-of-Its-Kind, Shelf-Stable and Complete Autograft ...

LEWISVILLE, TEXAS--(BUSINESS WIRE)--Orthofix Medical Inc. (NASDAQ:OFIX), a global medical device company with a spine and orthopedics focus, today announced the limited market release and first patient ...

4 months ago - Business Wire

Orthofix Medical and LimaCorporate Announce Partnership to Provide Solution for Patients with High Hip Dislocation fo...

LEWISVILLE, Texas--(BUSINESS WIRE)--New partnership combines the Orthofix Fitbone™ system with LimaCorporate's 3D-printed pelvic fixation device for patients with high hip dislocation.

4 months ago - Business Wire

Orthofix M6-C Artificial Cervical Disc IDE Study Data to be Presented at ISASS Demonstrates Continued Statistically S...

LEWISVILLE, Texas--(BUSINESS WIRE)--Five year data shows M6-C patients continue to have significant benefits in neck disability and shoulder/arm pain scores compared to ACDF patients.

6 months ago - Business Wire