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.
OFIX was given price targets by several analysts. The most optimistic price target was 56, implying potential capital gains of 25 percent. The lowest price target was 49, implying potential capital losses of 9.38 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, OFIX has achieved a high of 48.25 and a low of 32.51. Currently the stock is 37.8 percent higher than its low, and 7.15 percent below the 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.