Orthofix Medical Inc. (OFIX)
NASDAQ: OFIX · IEX Real-Time Price · USD
14.92
+1.02 (7.38%)
May 8, 2024, 3:54 PM EDT - Market open
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 20.68% from the current stock price of 14.92.
Analyst Consensus: Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 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 | +34.09% | 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 | +0.57% | Mar 7, 2024 |
| Roth MKM | Roth MKM | Hold Initiates $12 | Hold | Initiates | $12 | -19.54% | 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
806.84M
from 746.64M
Increased by 8.06%
Revenue Next Year
863.74M
from 806.84M
Increased by 7.05%
EPS This Year
-0.45
from -4.12
EPS Next Year
0.25
from -0.45
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 834.7M | 897.7M | 968.3M |
| Avg | 806.8M | 863.7M | 938.3M |
| Low | 773.1M | 821.6M | 899.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.8% | 11.3% | 12.1% |
| Avg | 8.1% | 7.1% | 8.6% |
| Low | 3.5% | 1.8% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.24 | 1.04 | 2.31 |
| Avg | -0.45 | 0.25 | 2.24 |
| Low | -0.65 | -0.49 | 2.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 824.4% |
| Avg | - | - | 798.0% |
| Low | - | - | 762.7% |
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.