Analysts Set $23.67 Target Price for Orthopediatrics Corp (KIDS)

Orthopediatrics Corp (NASDAQ:KIDS) has received an average broker rating score of 1.00 (Strong Buy) from the four brokers that cover the company, Zacks Investment Research reports. Four equities research analysts have rated the stock with a strong buy recommendation.

Brokerages have set a 12 month consensus price target of $23.67 for the company, according to Zacks. Zacks has also assigned Orthopediatrics an industry rank of 106 out of 265 based on the ratings given to related companies.

Several equities research analysts recently commented on the stock. BTIG Research assumed coverage on shares of Orthopediatrics in a research note on Monday, November 6th. They set a “buy” rating and a $24.00 price target on the stock. Stifel Nicolaus assumed coverage on shares of Orthopediatrics in a research note on Monday, November 6th. They set a “buy” rating and a $23.00 price target on the stock. William Blair assumed coverage on shares of Orthopediatrics in a research note on Monday, November 6th. They set an “outperform” rating on the stock. Finally, Piper Jaffray Companies assumed coverage on shares of Orthopediatrics in a research note on Monday, November 6th. They set an “overweight” rating and a $24.00 price target on the stock.

Shares of Orthopediatrics (KIDS) opened at $19.19 on Tuesday. Orthopediatrics has a fifty-two week low of $17.03 and a fifty-two week high of $23.00. The company has a debt-to-equity ratio of -0.38, a quick ratio of 1.00 and a current ratio of 2.78.

In related news, Director Harold Ruf purchased 11,500 shares of the business’s stock in a transaction that occurred on Monday, October 16th. The shares were purchased at an average cost of $13.00 per share, for a total transaction of $149,500.00. The purchase was disclosed in a document filed with the SEC, which is available through this link.

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Orthopediatrics Company Profile

OrthoPediatrics Corp. is a United States-based medical device company. The Company designs, develops and commercializes orthopedic implants and instruments to meet the specialized needs of pediatric surgeons and their patients. It operates through the OrthoPediatrics segment, which designs, develops and markets implants and devices for children with orthopedic problems.

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