Analyst Ratings for Orthofix International N.V. (OFIX)Updated: 2017-07-27
An average rating of Buy has been given to Orthofix International N.V. (NASDAQ:OFIX) by analysts covering the stock. About 30 days ago, OFIX was issued an average rating of Buy.
Of the 7 analysts covering the stock, 6 gave it a buy rating, 0 issued an overweight rating, 1 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an increase of 3 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for OFIX. The highest price target was 56, which equates to a potential upside of 25 percent. The most pessimistic price target was 49, implying potential capital losses of 9.38 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0.2 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.33 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, OFIX hit 48.25 at the highest peak, while it's lowest trading point was 32.51. The current market price is above the trailing year's low by 37.8 percent, and 7.15 percent lower than its 52-week high. OFIX has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The OFIX value stock report compares OFIX to some of its peers using value stock charts. The stock has a market capitalization of $0.82245 billion. OFIX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.