Wells Fargo now has a $23 target price on the $798.87M market cap company or 24.66 % upside potential. Cowen & Co maintained K2M Group Holdings Inc (NASDAQ:KTWO) rating on Tuesday, July 18. A 11 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NASDAQ:KTWO) or, if they already own its stock, sell it.
10 analysts on average are expecting K2M Group Holdings, Inc.to report earnings of $-0.16 per share for the current quarter. Needham & Company LLC reaffirmed a buy rating on shares of K2M Group Holdings in a report on Wednesday, August 2nd. The rating was maintained by Oppenheimer on Tuesday, July 11 with "Buy".
(NASDAQ:KTWO) is now down by 20.43% percent from yesterday's close and has one of the biggest price drops of the day. The shares were sold at an average price of $23.37, for a total transaction of $919,773.09. (NASDAQ:KTWO) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. The company has a market cap of $781.52 Million. The 50 day moving average moved down $-3.93 and the 200 day average was down $-4.51. K2M Group Holdings has a 52-week low of $16.32 and a 52-week high of $25.99. The value of the company's investment in K2M Group Holdings, Inc. increased from $244,000 to $307,000 a change of $63,000 quarter to quarter. After $0.66 actual earnings per share reported by Buffalo Wild Wings for the previous quarter, Wall Street now forecasts 28.79% EPS growth.
Marcato Capital Management Lp holds 15.5% of its portfolio in Buffalo Wild Wings for 983,299 shares. The shares price has positioned -26.66% down over the past quarter while it has directed -15.82% toward a falling position throughout past six months. K2M Group Holdings's revenue for the quarter was up 11.0% on a year-over-year basis. COPYRIGHT VIOLATION WARNING: This article was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Cowen & Co has "Buy" rating and $28.0 target. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States and global copyright and trademark legislation. About shares traded. K2M Group Holdings Inc (NASDAQ:KTWO) has risen 113.03% since October 10, 2016 and is uptrending. Also, CFO Gregory S. Cole sold 39,357 shares of K2M Group Holdings stock in a transaction that occurred on Friday, August 11th. The stock exchanged hands with 5,085,082 numbers of shares compared to its average daily volume of 406.21K shares. Needham maintained the stock with "Buy" rating in Wednesday, August 2 report. The total value of its holdings increased 25.8%. Currently, 43.98 million total shares are owned by the public and among those 32.51 million shares have been available to trade. The disclosure for this sale can be found here. Insiders have sold 44,129 shares of company stock valued at $1,033,644 over the last three months. TimesSquare Capital Management LLC raised its holdings in K2M Group Holdings by 31.5% during the second quarter. The return on assets ratio shows how well management is employing the company's total assets to make a profit. NINK's SI was 1,100 shares in October as released by FINRA. Finally, American International Group Inc. lifted its stake in K2M Group Holdings by 7.1% in the first quarter. William Blair analyst K. Krum anticipates that the medical device company will earn ($0.18) per share for the quarter. Finally, Sectoral Asset Management Inc increased its holdings in K2M Group Holdings by 22.9% in the second quarter.
K2M Group Holdings, Inc., launched on June 29, 2010, is a medical device company focused on designing, developing and commercializing spine and minimally invasive technologies and techniques.