Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $22.98 in the prior trading day, OrthoPediatrics corp (NASDAQ: KIDS) closed at $23.03, up 0.22%. In other words, the price has increased by $0.22 from its previous closing price. On the day, 0.61 million shares were traded. KIDS stock price reached its highest trading level at $24.0 during the session, while it also had its lowest trading level at $23.03.
Ratios:
Our goal is to gain a better understanding of KIDS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.68 and its Current Ratio is at 7.17. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on January 25, 2024, Downgraded its rating to Hold and sets its target price to $31 from $39 previously.
On June 14, 2021, Needham reiterated its Buy rating and also lowered its target price recommendation from $70 to $77.
Needham reiterated its Buy rating for the stock on April 02, 2020, while the target price for the stock was revised from $56 to $46.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Gerritzen Daniel J sold 10,000 shares for $29.30 per share. The transaction valued at 293,000 led to the insider holds 77,304 shares of the business.
Bailey David R sold 3,213 shares of KIDS for $88,647 on Mar 11 ’24. The President and CEO now owns 139,384 shares after completing the transaction at $27.59 per share. On Mar 11 ’24, another insider, Gerritzen Daniel J, who serves as the General Counsel and Secretary of the company, sold 2,741 shares for $27.59 each. As a result, the insider received 75,624 and left with 52,403 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KIDS now has a Market Capitalization of 557692224 and an Enterprise Value of 560873024. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 2.957 whereas that against EBITDA is -64.122.
Stock Price History:
Over the past 52 weeks, KIDS has reached a high of $36.23, while it has fallen to a 52-week low of $21.55. The 50-Day Moving Average of the stock is -10.13%, while the 200-Day Moving Average is calculated to be -20.22%.
Shares Statistics:
The stock has traded on average 170.13K shares per day over the past 3-months and 183070 shares per day over the last 10 days, according to various share statistics. A total of 24.21M shares are outstanding, with a floating share count of 16.34M. Insiders hold about 32.54% of the company’s shares, while institutions hold 68.35% stake in the company. Shares short for KIDS as of 1732838400 were 879359 with a Short Ratio of 5.17, compared to 1730332800 on 913903. Therefore, it implies a Short% of Shares Outstanding of 879359 and a Short% of Float of 13.229999000000001.
