Orthofix Medical Inc. (OFIX)
NASDAQ: OFIX · Real-Time Price · USD
17.43
+0.24 (1.40%)
Dec 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 31.96% from the current stock price of 17.43.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 8, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 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 | +26.22% | Nov 8, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $18 → $24 | Hold → Strong Buy | Upgrades | $18 → $24 | +37.69% | Nov 8, 2024 |
| Roth MKM | Roth MKM | Hold → Strong Buy Upgrades $15 → $20 | Hold → Strong Buy | Upgrades | $15 → $20 | +14.74% | 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 | -13.94% | Mar 7, 2024 |
Financial Forecast
Revenue This Year
812.55M
from 746.64M
Increased by 8.83%
Revenue Next Year
863.87M
from 812.55M
Increased by 6.32%
EPS This Year
-0.13
from -4.12
EPS Next Year
-0.03
from -0.13
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 837.3M | 891.4M | 950.9M |
| Avg | 812.6M | 863.9M | 918.8M |
| Low | 779.8M | 828.1M | 877.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.1% | 9.7% | 10.1% |
| Avg | 8.8% | 6.3% | 6.4% |
| Low | 4.4% | 1.9% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.12 | 0.02 | 0.45 |
| Avg | -0.13 | -0.03 | 0.32 |
| Low | -0.14 | -0.12 | 0.21 |
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.