Orthofix Medical Inc. operates as a medical device and biologics company in the United States, Italy, Germany, the United Kingdom, Brazil, and internationally. It operates through two segments, Global Spine and Global Extremities. The Global Spine segment manufactures, distributes, and provides support services for bone growth stimulator devices that enhance bone fusion, as well as used as a therapeutic treatment for non-spinal and appendicular fractures. This segment also designs, develops, and markets a portfolio of motion preservation and fixation implant products, which are used in surgical procedures of the spine; and a portfolio of regenerative products and tissue forms that allow physicians to treat a range of spinal and orthopedic conditions. The Global Extremities segment designs, develops, and markets orthopedic products that are used in fracture repair, deformity correction, and bone reconstruction procedures. The company markets and distributes its products through direct sales representatives; independent distributors; and employed and independent sales representatives to physicians, hospitals, ambulatory surgery centers, integrated health delivery systems, and other purchasing organizations. The company was formerly known as Orthofix International N.V. and changed its name to Orthofix Medical Inc. in July 2018. Orthofix Medical Inc. was founded in 1987 and is headquartered in Lewisville, Texas.
IPO Year: 1992
Exchange: NASDAQ
Website: orthofix.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/22/2025 | $24.00 | Buy | Canaccord Genuity |
11/8/2024 | $18.00 → $24.00 | Hold → Buy | Stifel |
5/8/2024 | $15.00 → $20.00 | Neutral → Buy | ROTH MKM |
10/20/2023 | $12.00 | Neutral | ROTH MKM |
9/12/2023 | Buy → Neutral | BTIG Research | |
9/12/2023 | Buy → Hold | Stifel | |
7/19/2023 | $27.00 | Buy | BTIG Research |
3/4/2022 | $41.00 → $45.00 | Hold → Buy | Stifel |
Canaccord Genuity initiated coverage of Orthofix with a rating of Buy and set a new price target of $24.00
Stifel upgraded Orthofix from Hold to Buy and set a new price target of $24.00 from $18.00 previously
ROTH MKM upgraded Orthofix from Neutral to Buy and set a new price target of $20.00 from $15.00 previously
ROTH MKM initiated coverage of Orthofix with a rating of Neutral and set a new price target of $12.00
BTIG Research downgraded Orthofix from Buy to Neutral
Stifel downgraded Orthofix from Buy to Hold
BTIG Research resumed coverage of Orthofix with a rating of Buy and set a new price target of $27.00
Stifel upgraded Orthofix Medical from Hold to Buy and set a new price target of $45.00 from $41.00 previously