Economy

Next Weeks Broker Price Targets For K2M Group Holdings, Inc. (NASDAQ:KTWO)

KTWO has been the subject of several other reports.

Among 11 analysts covering K2M Group Holdings (NASDAQ:KTWO), 10 have Buy rating, 0 Sell and 1 Hold. Finally, Zacks Investment Research raised shares of K2M Group Holdings from a "hold" rating to a "buy" rating and set a $25.00 price objective for the company in a research report on Wednesday, October 4th.

Shares of K2M Group Holdings (NASDAQ KTWO) traded up 1.13% during trading on Tuesday, reaching $17.97. On Friday, September 16 the stock rating was initiated by Gabelli with "Buy".

Shares of K2M Group Holdings, Inc. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold".

KTWO is now undervalued by -33.69% relative to the average 1-year price target of $26.80 taken from a group of Wall Street Analysts.

K2M Group Holdings (NASDAQ:KTWO) last issued its quarterly earnings data on Tuesday, August 1st. Company shares last traded at $18.01 significantly below $21.94, the 50 day moving average and which is much lower than the 200 day moving average of $22.52. (KTWO) now trades with a market capitalization of $781.52 Million.

Analysts on average have given a price target of $26.8 to K2M Group Holdings, Inc. KTWO has recorded a 50-day average of $22.26 and a 200-day moving average of $22.49. K2M Group Holdings Inc (NASDAQ:KTWO) has risen 113.03% since October 10, 2016 and is uptrending. The medical device company reported ($0.21) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.01. The firm had revenue of $65.70 million during the quarter, compared to analyst estimates of $66.26 million. During the same period in the prior year, the company posted ($0.27) earnings per share.

The Procter & Gamble Company most recently reported earnings per share (EPS) of $0.85 for the June 2017 versus $0.79 in the same quarter previous year, representing 8% growth. If you are reading this story on another site, it was illegally copied and republished in violation of USA & global trademark and copyright legislation. (NASDAQ:KTWO) had its price target lowered by equities researchers at Wells Fargo & Company from $28.00 to $23.00 in a research report issued to clients and investors on Tuesday.

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that calculates the speed and change of price movements. The company maintains price to book ratio of 1.48. Point72 Asset Management, L.p. grew its ownership by buying 187,100 shares an increase of 33.7% from 03/31/2017 to 06/30/2017. They now have a United States dollars 27 price target on the stock. The disclosure for this sale can be found here. WIFI's SI was 1.05M shares in October as released by FINRA.

According to JPMorgan Chase & Co.'s Insider ownership is at 0.10%.

10/09/2017 - K2M Group Holdings, Inc. had its "outperform" rating reiterated by analysts at William Blair.

The share price of K2M Group Holdings, Inc.

The company is trading up by 1.35%% since yesterday's close of 17.77. TimesSquare Capital Management LLC boosted its holdings in K2M Group Holdings by 31.5% in the 2nd quarter.

As of the end of the quarter First Light Asset Management, LLC had sold 203 shares trimming its holdings by 0.1%. Edmond DE Rothschild Holding S.A. boosted its stake in shares of K2M Group Holdings by 110.8% during the 1st quarter.

Edge Therapeutics, Inc.is a clinical-stage biotechnology firm that discovers, develops and seeks to commercialize hospital therapies capable of transforming treatment paradigms in the management of acute, life-threatening critical care conditions. K2M Group Holdings had a negative net margin of 16.21% and a negative return on equity of 15.45%.



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