While OrthoPediatrics corp has overperformed by 0.66%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KIDS fell by -31.74%, with highs and lows ranging from $53.50 to $23.10, whereas the simple moving average fell by -11.10% in the last 200 days.
On January 25, 2024, Truist Downgraded OrthoPediatrics corp (NASDAQ: KIDS) to Hold. A report published by Needham on June 14, 2021, Reiterated its previous ‘Buy’ rating for KIDS. Needham also reiterated KIDS shares as ‘Buy’, quoting a target price of $46 on the company’s shares in a report dated April 02, 2020. SunTrust Initiated an Buy rating on January 08, 2020, and assigned a price target of $54. Needham initiated its ‘Buy’ rating for KIDS, as published in its report on June 19, 2019. JMP Securities’s report from February 20, 2019 suggests a price prediction of $44 for KIDS shares, giving the stock a ‘Mkt Outperform’ rating. Piper Jaffray also rated the stock as ‘Overweight’.
Analysis of OrthoPediatrics corp (KIDS)
Further, the quarter-over-quarter increase in sales is 21.36%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of OrthoPediatrics corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -5.55% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and KIDS is recording an average volume of 180.73K. On a monthly basis, the volatility of the stock is set at 6.51%, whereas on a weekly basis, it is put at 7.30%, with a gain of 10.04% over the past seven days. Furthermore, long-term investors anticipate a median target price of $39.50, showing growth from the present price of $29.16, which can serve as yet another indication of whether KIDS is worth investing in or should be passed over.
How Do You Analyze OrthoPediatrics corp Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 32.55%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 70.09% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KIDS shares are owned by institutional investors to the tune of 70.09% at present.
