Q1 2018 Sentiment Orthofix International N V (NASDAQ:OFIX)

June 13, 2018 - By Louis Casey

Orthofix International N.V. (NASDAQ:OFIX) Logo

Sentiment for Orthofix International N V (NASDAQ:OFIX)

Orthofix International N V (NASDAQ:OFIX) institutional sentiment decreased to 1.53 in 2018 Q1. Its down -0.09, from 1.62 in 2017Q4. The ratio dropped, as 89 investment professionals opened new and increased positions, while 58 sold and decreased their stock positions in Orthofix International N V. The investment professionals in our partner’s database now possess: 16.17 million shares, down from 16.57 million shares in 2017Q4. Also, the number of investment professionals holding Orthofix International N V in their top 10 positions decreased from 1 to 0 for a decrease of 1. Sold All: 10 Reduced: 48 Increased: 57 New Position: 32.

Orthofix International N.V., a medical device company, provides reconstructive and regenerative orthopedic and spine solutions to physicians worldwide. The company has market cap of $1.09 billion. It operates through four divisions: BioStim, Biologics, Extremity Fixation, and Spine Fixation. It has a 174.25 P/E ratio. The BioStim segment makes, distributes, and provides support services for bone growth stimulator devices that enhance bone fusion and are indicated as treatment to improve fusion success rates in cervical and lumbar spine, as well as a therapeutic treatment for non-spine fractures.

The stock increased 0.80% or $0.46 during the last trading session, reaching $57.85. About 61,407 shares traded. Orthofix International N.V. (NASDAQ:OFIX) has risen 27.98% since June 13, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Analysts await Orthofix International N.V. (NASDAQ:OFIX) to report earnings on August, 6. They expect $0.36 earnings per share, down 14.29 % or $0.06 from last year’s $0.42 per share. OFIX’s profit will be $6.79M for 40.17 P/E if the $0.36 EPS becomes a reality. After $0.39 actual earnings per share reported by Orthofix International N.V. for the previous quarter, Wall Street now forecasts -7.69 % negative EPS growth.

Krensavage Asset Management Llc holds 3.81% of its portfolio in Orthofix International N.V. for 267,052 shares. Tygh Capital Management Inc. owns 122,805 shares or 1.37% of their US portfolio. Moreover, Paradice Investment Management Llc has 1.05% invested in the company for 247,339 shares. The Illinois-based Segall Bryant & Hamill Llc has invested 0.9% in the stock. Northcoast Asset Management Llc, a Connecticut-based fund reported 90,236 shares.

Since January 1, 0001, it had 1 insider buy, and 0 sales for $519,724 activity.

Orthofix International N.V. (NASDAQ:OFIX) Ratings Coverage

Ratings analysis reveals 100% of Orthofix’s analysts are positive. Out of 2 Wall Street analysts rating Orthofix, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $62 while the high is $68.0. The stock’s average target of $65 is 12.36% above today’s ($57.85) share price. OFIX was included in 2 notes of analysts from February 27, 2018. The stock has “Buy” rating by Jefferies on Tuesday, February 27.

More recent Orthofix International N.V. (NASDAQ:OFIX) news were published by: Globenewswire.com which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Southern Missouri, Marlin Business Services …” on June 05, 2018. Also Nasdaq.com published the news titled: “As Spinal Stocks Climb Toward Yearly Highs, There’s Still Room for Upside” on June 07, 2018. Seekingalpha.com‘s news article titled: “Premarket analyst action – healthcare” with publication date: June 01, 2018 was also an interesting one.

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