OrthoPediatrics corp (NASDAQ: KIDS) Fall -24.51% In Six Months, Here’s What We Should Expect Now

During the last session, OrthoPediatrics corp (NASDAQ:KIDS)’s traded shares were 0.21 million, with the beta value of the company hitting 1.13. At the end of the trading day, the stock’s price was $22.12, reflecting an intraday gain of 0.91% or $0.2. The 52-week high for the KIDS share is $36.23, that puts it down -63.79 from that peak though still a striking 2.58% gain since the share price plummeted to a 52-week low of $21.55. The company’s market capitalization is $535.65M, and the average intraday trading volume over the past 10 days was 0.24 million shares, and the average trade volume was 178.68K shares over the past three months.

OrthoPediatrics corp (KIDS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. KIDS has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.26.

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OrthoPediatrics corp (NASDAQ:KIDS) trade information

OrthoPediatrics corp (KIDS) registered a 0.91% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.91% in intraday trading to $22.12, hitting a weekly high. The stock’s 5-day price performance is -4.53%, and it has moved by -8.82% in 30 days. Based on these gigs, the overall price performance for the year is -28.71%. The short interest in OrthoPediatrics corp (NASDAQ:KIDS) is 0.88 million shares and it means that shorts have 4.59 day(s) to cover.

The consensus price target of analysts on Wall Street is $43, which implies an increase of 48.56% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $44 respectively. As a result, KIDS is trading at a discount of -98.92% off the target high and -26.58% off the low.

OrthoPediatrics corp (KIDS) estimates and forecasts

Statistics show that OrthoPediatrics corp has underperformed its competitors in share price, compared to the industry in which it operates. OrthoPediatrics corp (KIDS) shares have gone down -24.51% during the last six months, with a year-to-date growth rate less than the industry average at -9.41% against 16.70. In the rating firms’ projections, revenue will increase 36.34% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 50.73M as predicted by 6 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 53.06M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 37.61M and 44.69M respectively. In this case, analysts expect current quarter sales to grow by 34.87% and then jump by 18.74% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 0.67%. While earnings are projected to return -32.54% in 2024.

KIDS Dividends

OrthoPediatrics corp is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

OrthoPediatrics corp (NASDAQ:KIDS)’s Major holders

OrthoPediatrics corp insiders own 32.52% of total outstanding shares while institutional holders control 71.08%, with the float percentage being 105.34%. BROWN CAPITAL MANAGEMENT LLC is the largest shareholder of the company, while 190.0 institutions own stock in it. As of 2024-06-30, the company held over 2.59 million shares (or 11.3658% of all shares), a total value of $74.6 million in shares.

The next largest institutional holding, with 1.62 million shares, is of BROWN ADVISORY INC’s that is approximately 7.085% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $46.5 million.