Orthofix Medical Inc. (OFIX)
NASDAQ: OFIX · Real-Time Price · USD
16.36
+0.18 (1.11%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Orthofix Medical Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Orthofix Medical stock has a target of 20, which predicts an increase of 22.25% from the current stock price of 16.36.
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for OFIX stock from 2 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 2 |
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 | +22.25% | 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 | -8.31% | Mar 7, 2024 |
| Roth MKM | Roth MKM | Hold Initiates $12 | Hold | Initiates | $12 | -26.65% | 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
812.97M
from 746.64M
Increased by 8.88%
Revenue Next Year
864.17M
from 812.97M
Increased by 6.30%
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 | 813.0M | 864.2M | 919.7M |
| Low | 780.1M | 827.8M | 876.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.2% | 10.0% | 10.8% |
| Avg | 8.9% | 6.3% | 6.4% |
| Low | 4.5% | 1.8% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.08 | 0.06 | 0.24 |
| Avg | -0.23 | -0.10 | 0.17 |
| 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.