By John Miller
Orthofix International
NV (NASDAQ:OFIX) has been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus target price of $36.00 for the company, according to Zacks. Zacks has also assigned Orthofix International NV an industry rank of 99 out of 265 based on the ratings given to related companies.
Separately, analysts at TheStreet upgraded shares of Orthofix International NV from a “hold” rating to a “buy” rating in a research note on Wednesday, April 1st.
Orthofix International NV (NASDAQ:OFIX) traded up 1.15% during mid-day trading on Tuesday, hitting $37.75. 27,697 shares of the company’s stock traded hands. Orthofix International NV has a 52 week low of $26.96 and a 52 week high of $38.94. The stock’s 50-day moving average is $33. and its 200-day moving average is $30.. The company’s market cap is $707.96 million.
Orthofix International NV (NASDAQ:OFIX) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.05. The company had revenue of $101.00 million for the quarter, compared to the consensus estimate of $95.80 million. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, analysts predict that Orthofix International NV will post $0.83 earnings per share for the current fiscal year.
