The firm has "Buy" rating given on Friday, September 22 by RBC Capital Markets.
Wells Fargo now has a $23 target price on the $798.87M market cap company or 24.66 % upside potential.
While having a peek at profitability ratios K2M Group Hldngs Cmn (NASDAQ:KTWO) has trailing twelve month gross margin at 65%, its trailing twelve month operating margin stands at -13.1% whereas its trailing twelve month net profit margin spots at -16.2%.
10/09/2017 - K2M Group Holdings, Inc. had its "outperform" rating reiterated by analysts at Cowen.
Among 11 analysts covering K2M Group Holdings (NASDAQ:KTWO), 10 have Buy rating, 0 Sell and 1 Hold. ValuEngine cut shares of K2M Group Holdings from a hold rating to a sell rating in a report on Tuesday. The stock of K2M Group Holdings Inc (NASDAQ:KTWO) earned "Outperform" rating by Cowen & Co on Thursday, August 17. Needham maintained the shares of KTWO in report on Wednesday, November 4 with "Buy" rating.
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $781.52M.
Recent Analysts Ratings Enterprise Products Partners LP (EPD)
The firm owned 1,023,128 shares of the oil and gas producer's stock after acquiring an additional 26,900 shares during the period. Zimmer Partners Lp decreased Phillips 66 Partners Lp (NYSE:PSXP) stake by 63,285 shares to 62,813 valued at $3.10M in 2017Q2.
They now have a $23 price target on K2M Group Holdings (NASDAQ:KTWO). (KTWO) maintained activity of 0.41 million shares that trade hands on average basis while its relative volume is 12.52. For this KTWO's 20 days and 50 days MA (moving average) comparison clear the blur picture.
Analyzing the technical facts of K2M Group Holdings, Inc.
K2M Group Hldngs Cmn (NASDAQ:KTWO) as of recent trade, has shown weekly downbeat performance of -20.13% which was maintained at -20.31% in 1-month period. Analysts review historical return data when trying to predict future returns or to estimate how a security might react to a particular situation, such as a drop in consumer demand.
The company's Average Revenue Estimate for the current quarter is $70.69 Million, while Low and High Revenue Estimates are $69.33 Million and $71.61 Million respectively. There has been an observed change of -15.09% in the ownership of the shares in the past six months. The company's quarterly revenue was up 11.0% compared to the same quarter previous year. American International Group Inc. grew its holdings in shares of K2M Group Holdings by 7.1% during the 1st quarter.
TRADEMARK VIOLATION WARNING: This piece was originally published by Week Herald and is owned by of Week Herald. Cowen & Co has "Buy" rating and $2600 target. If you are reading this article on another site, it was stolen and reposted in violation of USA and worldwide trademark and copyright legislation. Below is a list of K2M Group Holdings Inc (NASDAQ:KTWO) latest ratings and price target changes. Also, insider John Philip Md Kostuik sold 1,332 shares of the stock in a transaction dated Wednesday, August 23rd. The shares were sold at an average price of $23.37, for a total value of $919,773.09. Share performance for the month is now at 19.36%. The disclosure for this sale can be found here. The company maintains price to book ratio of 1.48. Dorsey & Whitney Trust CO LLC acquired a new position in K2M Group Holdings in the second quarter valued at approximately $211,000. Total debt to equity ratio of the company for most recent quarter is 0.29 whereas long term debt to equity ratio for most recent quarter is 0.28. The value of the investment in (KTWO) went from $11,393,000 to $18,090,000 increasing 58.8% since the last quarter. Wellington Management Group LLP now owns 1,875,913 shares of the medical device company's stock worth $38,475,000 after acquiring an additional 175,998 shares during the period. The stock price hovered in an intraday range of $17.23- $18.5.
09/22/2015 - UBS began new coverage on K2M Group Holdings, Inc. giving the company a "buy" rating.