Orthofix Medical Inc. (OFIX)
NASDAQ: OFIX · Real-Time Price · USD
18.87
+0.14 (0.75%)
Nov 20, 2024, 4:00 PM EST - Market closed
Orthofix Medical Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Orthofix Medical stock have an average target of 23, with a low estimate of 22 and a high estimate of 24. The average target predicts an increase of 21.89% from the current stock price of 18.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for OFIX stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Reiterates $20 → $22 | Strong Buy | Reiterates | $20 → $22 | +16.59% | Nov 8, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $18 → $24 | Hold → Strong Buy | Upgrades | $18 → $24 | +27.19% | Nov 8, 2024 |
| Roth MKM | Roth MKM | Hold → Strong Buy Upgrades $15 → $20 | Hold → Strong Buy | Upgrades | $15 → $20 | +5.99% | 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 | -20.51% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
812.85M
from 746.64M
Increased by 8.87%
Revenue Next Year
864.89M
from 812.85M
Increased by 6.40%
EPS This Year
-0.23
from -4.12
EPS Next Year
-0.10
from -0.23
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 837.6M | 894.4M | 957.2M |
| Avg | 812.9M | 864.9M | 921.4M |
| Low | 779.8M | 828.1M | 877.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.2% | 10.0% | 10.7% |
| Avg | 8.9% | 6.4% | 6.5% |
| Low | 4.4% | 1.9% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.08 | 0.06 | 0.22 |
| Avg | -0.23 | -0.10 | 0.16 |
| Low | -0.31 | -0.23 | 0.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.