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OFIX

OFIX - Orthofix Medical Inc Stock Price, Fair Value and News

15.08USD-0.03 (-0.20%)Delayed as of 17 May 2024, 11:04 am ET

Market Summary

OFIX
USD15.08-0.03
Delayedas of 17 May 2024, 11:04 am
-0.20%

OFIX Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

OFIX Stock Price

View Fullscreen

OFIX RSI Chart

OFIX Valuation

Market Cap

567.1M

Price/Earnings (Trailing)

-4.48

Price/Sales (Trailing)

0.76

EV/EBITDA

-8.17

Price/Free Cashflow

-6.32

OFIX Price/Sales (Trailing)

OFIX Profitability

EBT Margin

-16.53%

Return on Equity

-22.18%

Return on Assets

-13.96%

Free Cashflow Yield

-15.81%

OFIX Fundamentals

OFIX Revenue

Revenue (TTM)

747.3M

Rev. Growth (Yr)

0.36%

Rev. Growth (Qtr)

-12.27%

OFIX Earnings

Earnings (TTM)

-126.5M

Earnings Growth (Yr)

40.89%

Earnings Growth (Qtr)

-62.44%

Breaking Down OFIX Revenue

52 Week Range

11.4821.60
(Low)(High)

Last 7 days

4.2%

Last 30 days

14.6%

Last 90 days

9.5%

Trailing 12 Months

-19.8%

How does OFIX drawdown profile look like?

OFIX Financial Health

Current Ratio

2.65

Debt/Equity

0.2

Debt/Cashflow

-0.26

OFIX Investor Care

Shares Dilution (1Y)

2.70%

Diluted EPS (TTM)

-3.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024747.3M000
2023529.5M598.4M668.5M746.6M
2022465.3M462.0M463.5M460.7M
2021407.3M455.6M457.0M464.5M
2020455.7M413.0M410.4M406.6M
2019453.4M457.7M459.5M460.0M
2018439.8M442.4M448.9M453.0M
2017413.8M418.7M425.5M433.8M
2016405.4M408.5M405.9M409.8M
2015392.0M392.0M392.2M396.5M
2014395.3M398.7M407.9M402.3M
2013435.3M421.3M407.3M397.6M
2012464.2M459.2M447.7M440.2M
2011538.6M512.4M490.8M470.1M
2010550.3M555.0M559.7M564.4M
2009000545.6M
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Tracking the Latest Insider Buys and Sells of Orthofix Medical Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 15, 2024
cedron jorge andres
acquired
375,002
13.09
28,648
clo
Apr 11, 2024
elting kimberley a.
sold (taxes)
-40,985
13.95
-2,938
president, global orthopedics
Apr 08, 2024
burzik catherine m
sold (taxes)
-675,726
14.23
-47,486
-
Apr 01, 2024
gillespie geoffrey c
sold (taxes)
-984
14.06
-70.00
cao
Apr 01, 2024
elting kimberley a.
sold (taxes)
-28,555
14.06
-2,031
president, global orthopedics
Mar 15, 2024
gillespie geoffrey c
acquired
49,999
13.74
3,639
cao
Feb 01, 2024
elting kimberley a.
sold (taxes)
-28,754
14.27
-2,015
president, global orthopedics
Jan 31, 2024
kummeth charles r.
acquired
115,982
13.89
8,350
-
Jan 31, 2024
finegan michael
acquired
115,982
13.89
8,350
-
Jan 31, 2024
bazaar alan lee
acquired
124,121
13.89
8,936
-

1–10 of 50

Which funds bought or sold OFIX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
AMUNDI
added
1,417
442,026
477,261
-%
May 15, 2024
MIRABELLA FINANCIAL SERVICES LLP
sold off
-100
-269,040
-
-%
May 15, 2024
Voya Investment Management LLC
reduced
-10.51
-104,002
2,781,360
-%
May 15, 2024
Cubist Systematic Strategies, LLC
reduced
-42.6
-1,159,430
1,878,150
0.01%
May 15, 2024
GOLDMAN SACHS GROUP INC
added
44.56
1,033,240
2,887,960
-%
May 15, 2024
Schonfeld Strategic Advisors LLC
sold off
-100
-313,908
-
-%
May 15, 2024
OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC)
added
4.98
141,538
1,223,300
0.09%
May 15, 2024
GLENVIEW CAPITAL MANAGEMENT, LLC
added
76.62
6,082,980
12,823,000
0.22%
May 15, 2024
ALGERT GLOBAL LLC
reduced
-13.61
-234,000
3,133,000
0.12%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
reduced
-14.63
-551,275
6,298,020
-%

1–10 of 48

Are Funds Buying or Selling OFIX?

Are funds buying OFIX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OFIX
No. of Funds

Unveiling Orthofix Medical Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 22, 2024
engine capital, l.p.
6.9%
2,565,743
SC 13D/A
Feb 14, 2024
armistice capital, llc
9.79%
3,600,000
SC 13G
Feb 13, 2024
vanguard group inc
5.44%
1,999,666
SC 13G/A
Feb 12, 2024
rubric capital management lp
9.97%
3,665,000
SC 13G
Feb 09, 2024
morgan stanley
5.6%
2,057,081
SC 13G
Feb 09, 2024
segall bryant & hamill, llc
0.1%
44,484
SC 13G/A
Jan 08, 2024
blackrock inc.
9.0%
3,317,319
SC 13G/A
Dec 13, 2023
engine capital, l.p.
6.7%
2,479,157
SC 13D/A
Nov 03, 2023
engine capital, l.p.
6.0%
2,196,178
SC 13D
Oct 30, 2023
first light asset management, llc
0.0%
0
SC 13G/A

Recent SEC filings of Orthofix Medical Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
Apr 29, 2024
DEF 14A
DEF 14A
Apr 29, 2024
DEFA14A
DEFA14A
Apr 22, 2024
8-K
Current Report
Apr 22, 2024
SC 13D/A
13D - Major Acquisition
Apr 17, 2024
3
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 16, 2024
S-8
Employee Benefits Plan
Apr 12, 2024
4
Insider Trading

Peers (Alternatives to Orthofix Medical Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
182.4B
40.3B
-3.99% -3.65%
32.43
4.52
-2.84% -3.08%
68.4B
19.7B
2.45% -5.81%
51.31
3.47
4.82% -17.56%
20.6B
3.9B
-10.40% -6.17%
44.52
5.25
5.72% 46.72%
17.9B
14.9B
-11.17% -17.84%
6.76
1.2
2.98% 207.68%
MID-CAP
9.8B
3.5B
6.44% 23.99%
31.25
2.76
6.16% 35.06%
9.5B
12.5B
4.37% -2.87%
24.53
0.76
-0.61% -18.83%
8.4B
2.6B
0.92% -22.34%
-26.13
3.23
-6.25% -68.62%
5.9B
3.9B
-7.86% -29.32%
-63
1.5
0.23% 91.03%
3.5B
387.1M
0.46% 29.28%
-216.68
8.92
30.82% 65.57%
2.3B
6.6B
0.82% -4.37%
11.97
0.35
2.78% -0.87%
SMALL-CAP
1.3B
3.2B
2.50% -12.21%
-1.88
0.4
7.94% -1661.78%
378.1M
169.3M
- -1.96%
-4.92
2.23
7.49% -244.90%
257.2M
324.0M
-1.38% -32.77%
-1.34
0.79
-3.19% -337.41%
53.0M
50.5M
10.79% -74.07%
-2.32
1.05
14.25% -10.06%
1.0M
3.7M
-72.22% 29.03%
-0.09
0.28
5.77% 8.23%

Orthofix Medical Inc News

Latest updates
Defense World • 9 hours ago
Yahoo Finance Australia • 13 May 2024 • 03:18 pm
Defense World • 12 May 2024 • 05:46 am
Seeking Alpha • 09 May 2024 • 05:50 pm
Seeking Alpha • 08 May 2024 • 04:50 pm

Orthofix Medical Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-12.3%175,831,000200,415,000184,006,000187,016,000175,204,000122,229,000113,996,000118,070,000106,418,000125,064,000112,428,000121,394,000105,593,000117,619,000110,985,00073,135,000104,823,000121,494,000113,499,000115,850,000109,112,000
Gross Profit-6.9%127,242,000136,630,000119,763,000119,551,000110,329,00089,176,00083,423,00086,470,00078,100,00091,810,00084,121,00093,955,00079,679,00088,548,00084,742,00049,969,00081,414,00095,303,00088,603,00090,038,00085,404,000
Operating Expenses------------------91,208,000107,485,00089,587,00089,852,000
  S&GA Expenses2.3%100,043,00097,749,00094,947,00099,249,00093,791,00059,324,00055,461,00059,888,00054,137,00057,098,00056,097,00057,338,00050,785,00053,716,00052,926,00043,479,00054,313,00058,313,00054,805,00056,864,00053,694,000
  R&D Expenses2.9%19,492,00018,941,00018,559,00019,424,00023,307,00013,152,00011,943,00012,758,00011,212,00013,243,00012,360,00013,121,00010,897,00010,365,0009,962,0008,765,0009,964,0008,446,0007,982,0008,980,0009,229,000
EBITDA Margin23.2%-0.11-0.14-0.14-0.13-0.080.020.020.030.030.030.070.09---------
Interest Expenses-1.3%-4,558,000-4,500,000-1,576,000-1,266,000-1,289,000-229,000-277,000-407,000-375,000-437,000-433,000-550,000-417,000-428,000-731,000-901,000-423,000-508,000186,000457,000-257,000
Income Taxes580.8%851,000125,000472,0001,508,000611,00075,0001,344,000553,00071,00023,207,000-364,0002,248,000-207,00014,948,000607,0001,592,000-20,032,000-7,456,00013,656,0001,219,000-6,006,000
Earnings Before Taxes-59.5%-35,169,000-22,049,000-28,385,000-37,918,000-60,327,000-6,987,000-9,372,0003,042,000-4,389,000-9,605,000-2,535,0004,668,000-6,023,0005,570,0005,261,000-16,832,0005,633,0004,230,000-26,842,000672,000-5,109,000
EBT Margin17.0%-0.17-0.20-0.20-0.19-0.14-0.04-0.04-0.03-0.03-0.030.000.02---------
Net Income-62.4%-36,020,000-22,174,000-28,857,000-39,426,000-60,938,000-7,062,000-10,716,0002,489,000-4,460,000-32,812,000-2,171,0002,420,000-5,816,000-9,378,0004,654,000-18,424,00025,665,00011,686,000-40,498,000-547,000897,000
Net Income Margin16.5%-0.17-0.20-0.20-0.20-0.14-0.04-0.10-0.08-0.08-0.08-0.03-0.02---------
Free Cashflow-37.1%-29,138,000-21,255,000-21,395,000-17,867,000-45,492,000-2,857,000-6,391,000-10,616,000-13,038,0005,554,0003,907,000-6,847,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-2.1%906925906901917459450462462477500502514526517596493496476489479
  Current Assets-5.1%399420394399410256247255255270260258263270255344240261238233224
    Cash Equivalents-18.6%27.0033.0034.0038.0050.0051.0052.0060.0072.0088.0083.0080.0095.0096.0080.0017358.0070.0057.0052.0047.00
  Inventory-1.4%21922222222222210010097.0089.0083.0085.0082.0084.0085.0083.0082.0083.0082.0081.0079.0079.00
  Net PPE-0.6%15815915314113758.0058.0059.0059.0059.0059.0062.0062.0064.0064.0065.0065.0063.0063.0064.0064.00
  Goodwill0%19519519519220371.0071.0071.0071.0071.0083.0084.0084.0084.0084.0083.0011.0071.0071.0071.0071.00
Liabilities2.8%336327290261253122116120126140136140159169162251138168169141136
  Current Liabilities-8.8%15116515314213884.0078.0081.0088.0010680.0082.0099.0010493.0090.0066.0085.0089.0068.0064.00
  Long Term Debt23.6%11593.0070.0051.0045.00----------100-----
    LT Debt, Current150.0%3.001.00-------------------
    LT Debt, Non Current-100.0%-93.0070.0051.0045.00----------100-----
Shareholder's Equity-4.7%570599615640664337334342336337365362355357355345355328306348344
  Retained Earnings-24.0%-186-150-127-99.11-59.691.008.0019.0017.0021.0054.0056.0054.0059.0069.0064.0083.0058.0046.0087.0087.00
  Additional Paid-In Capital0.9%753746742736721335328324318314308303298292285282276271263258253
Shares Outstanding0.7%37.0037.0037.0037.0036.0020.0020.0020.0020.0020.0020.0020.00---------
Float----663---471---789---615---996-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-177.8%-18,595-6,694477-5,516-34,0202,348-1,264-4,913-7,70911,7796,432-2,1772,44122,29121,88717,63012,46411,94311,7469,383-1,039
  Share Based Compensation177.9%8,8003,1676,27413,24613,0204,9224,7294,4604,3323,9623,8423,9073,7213,8083,8414,6993,8594,1625,8445,8495,685
Cashflow From Investing27.8%-10,867-15,053-22,343-12,81917,084-5,900-5,473-7,494-5,667-8,982-4,239-5,011-4,781-9,390-14,372-4,388-24,184-1,643-4,543-5,422-11,316
Cashflow From Financing-15.1%21,45325,28018,2515,80815,9831,498-252909-2,2332,052855-7,6381,1102,662-101,335101,6033151,922-1,029-1,185-10,396
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OFIX Income Statement

2024-03-31
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 188,608$ 175,204
Cost of sales61,36664,875
Gross profit127,242110,329
Sales and marketing100,04393,791
General and administrative31,64848,811
Research and development19,49223,307
Acquisition-related amortization and remeasurement (Note 12)5,3964,134
Operating loss(29,337)(59,714)
Interest expense, net(4,558)(1,289)
Other income (expense), net(1,274)676
Loss before income taxes(35,169)(60,327)
Income tax expense(851)(611)
Net loss$ (36,020)$ (60,938)
Net loss per common share:  
Basic$ (0.95)$ (1.71)
Diluted$ (0.95)$ (1.71)
Weighted average number of common shares:  
Basic37,74135,734
Diluted37,74135,734
Other comprehensive loss, before tax  
Unrealized [gain (loss)] on debt securities$ 1,671$ (63)
Currency translation adjustment(1,038)493
Other comprehensive income, before tax633430
Other comprehensive income, net of tax633430
Comprehensive loss$ (35,387)$ (60,508)

OFIX Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 26,964$ 33,107
Restricted cash2,5004,650
Accounts receivable, net of allowances of $8,398 and $7,130, respectively125,617128,098
Inventories219,076222,166
Prepaid expenses and other current assets24,82132,422
Total current assets398,978420,443
Property, plant, and equipment, net158,132159,060
Intangible assets, net112,761117,490
Goodwill194,934194,934
Other long-term assets41,24533,388
Total assets906,050925,315
Current liabilities  
Accounts payable57,14758,357
Current portion of long-term debt3,1251,250
Current portion of finance lease liability724708
Other current liabilities89,625104,908
Total current liabilities150,621165,223
Long-term debt115,07193,107
Long-term portion of finance lease liability18,34518,532
Other long-term liabilities51,69849,723
Total liabilities335,735326,585
Contingencies (Note 8)
Shareholders’ equity  
Common shares $0.10 par value; 100,000 shares authorized; 37,410 and 37,165 issued and outstanding as of March 31, 2024 and December 31, 2023, respectively3,7413,717
Additional paid-in capital753,398746,450
Accumulated deficit(186,164)(150,144)
Accumulated other comprehensive loss(660)(1,293)
Total shareholders’ equity570,315598,730
Total liabilities and shareholders’ equity$ 906,050$ 925,315
OFIX
Orthofix Medical Inc. operates spine and orthopedics company in the United States, Italy, Germany, France, the United Kingdom, Brazil, and internationally. It operates through Global Spine and Global Orthopedics segments. The Global Spine segment comprises the bone growth therapies products, which manufactures and distributes bone growth stimulator devices for enhance of bone fusion including adjunctive and noninvasive treatment of cervical and lumbar spine as well as a therapeutic treatment for non-spine; the spinal implants products designs, develops, and markets a portfolio of motion preservation and fixation implant products, which are used in surgical procedures of the spine; and the biological products, such as regenerative products and tissue forms which allow physicians to treat a variety of spinal and orthopedic conditions. Global Orthopedics segment offers products and solutions that allow physicians to treat a variety of orthopedic conditions unrelated to the spine, which design, develop, and market the orthopedic products used in fracture repair, deformity correction, and bone reconstruction procedures. It sells its products through distributors, sales representatives, hospitals, and healthcare providers. The company was formerly known as Orthofix International N.V. and changed its name to Orthofix Medical Inc. in 2018. Orthofix Medical Inc. was founded in 1987 and is headquartered in Lewisville, Texas.
 CEO
 WEBSITEorthofix.com
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES1092

Orthofix Medical Inc Frequently Asked Questions


What is the ticker symbol for Orthofix Medical Inc? What does OFIX stand for in stocks?

OFIX is the stock ticker symbol of Orthofix Medical Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Orthofix Medical Inc (OFIX)?

As of Thu May 16 2024, market cap of Orthofix Medical Inc is 567.07 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OFIX stock?

You can check OFIX's fair value in chart for subscribers.

What is the fair value of OFIX stock?

You can check OFIX's fair value in chart for subscribers. The fair value of Orthofix Medical Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Orthofix Medical Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OFIX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Orthofix Medical Inc a good stock to buy?

The fair value guage provides a quick view whether OFIX is over valued or under valued. Whether Orthofix Medical Inc is cheap or expensive depends on the assumptions which impact Orthofix Medical Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OFIX.

What is Orthofix Medical Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 16 2024, OFIX's PE ratio (Price to Earnings) is -4.48 and Price to Sales (PS) ratio is 0.76. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OFIX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Orthofix Medical Inc's stock?

In the past 10 years, Orthofix Medical Inc has provided -0.071 (multiply by 100 for percentage) rate of return.