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
* 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 '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 4 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Roth MKM | Roth MKM | Hold → Strong Buy Upgrades $15 → $20 | Hold → 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 | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Sep 12, 2023 |
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
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 2024 | 2025 | 2026 |
---|---|---|---|
High | 11.7% | 11.0% | 12.6% |
Avg | 8.3% | 6.6% | 7.2% |
Low | 4.0% | 2.0% | 1.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
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 | 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.