Orthofix Medical Inc. (OFIX)
NASDAQ: OFIX · IEX Real-Time Price · USD
15.46
-0.08 (-0.51%)
At close: Jul 19, 2024, 4:00 PM
15.51
+0.05 (0.32%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Orthofix Medical Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Orthofix Medical stock have an average target of 18, with a low estimate of 16 and a high estimate of 20. The average target predicts an increase of 16.43% from the current stock price of 15.46.

Analyst Consensus: Buy
Target Low Average Median High
Price $16 $18 $20 $20
Change +3.49% +16.43% +29.37% +29.37%
* Price targets were last updated on May 8, 2024.

Analyst Ratings

The average analyst rating for OFIX stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000111
Buy 000000
Hold 334333
Sell 000000
Strong Sell 000000
Total 334444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Upgrades
$15$20
Strong Buy Upgrades $15$20 +29.37% May 8, 2024
JMP Securities
JMP Securities
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Apr 22, 2024
Roth MKM
Roth MKM
Hold
Maintains
$12$15
Hold Maintains $12$15 -2.98% Mar 7, 2024
Roth MKM
Roth MKM
Hold
Initiates
$12
Hold Initiates $12 -22.38% Oct 20, 2023
BTIG
BTIG
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Sep 12, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
808.67M
from 746.64M
Increased by 8.31%
Revenue Next Year
862.36M
from 808.67M
Increased by 6.64%
EPS This Year
-0.49
from -4.12
EPS Next Year
-0.03
from -0.49
Year 20192020202120222023202420252026
Revenue
459.96M406.56M464.48M460.71M746.64M808.67M862.36M924.02M
Revenue Growth
1.53%-11.61%14.25%-0.81%62.06%8.31%6.64%7.15%
EPS
-1.510.13-1.95-0.98-4.12-0.49-0.030.89
EPS Growth
--------
Forward PE
-------17.32
No. Analysts -----775
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 834.1M 897.5M 970.9M
Avg 808.7M 862.4M 924.0M
Low 776.2M 824.8M 872.0M

Revenue Growth

Revenue Growth 202420252026
High
11.7%
11.0%
12.6%
Avg
8.3%
6.6%
7.2%
Low
4.0%
2.0%
1.1%

EPS Forecast

EPS 202420252026
High -0.44 0.65 1.85
Avg -0.49 -0.03 0.89
Low -0.54 -0.35 -0.01

EPS Growth

EPS Growth 202420252026
High - - -
Avg - - -
Low - - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.