Unusual Gainer Making Charming Facts: K2M Group Holdings, Inc. (NASDAQ:KTWO)

Alicia Farmer
September 2, 2018

More interesting news about K2M Group Holdings, Inc.

Share of K2M Group Holdings (KTWO) have caught the attention of the Wall Street community. The shares now trade at $23.00 and have been able to report a change of 24.66% over the past one week. Cantor Fitzgerald initiated it with "Buy" rating and $2800 target in Thursday, May 31 report. BidaskClub downgraded shares of K2M Group from a "strong-buy" rating to a "buy" rating in a report on Friday, July 27th.

"[K2M] along with [Stryker] are the two leading 3D printed implant manufacturers in Spine now", wrote Richard Newitter, an analyst with healthcare investment bank Leerink Partners, in a research note following the announcement from Stryker. The stock has an average rating of "Buy" and an average price target of $25.45. The company's Market capitalization is $1.18B with the total Outstanding Shares of 0.022. (NASDAQ:KTWO) news were published by: Prnewswire.com which released: "K2M (KTWO) Alert: Johnson Fistel Investigates Proposed Sale of K2M Group Holdings, Inc.; Are Shareholders Getting a ..." on August 30, 2018, also Businesswire.com with their article: "ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of K2M Group Holdings, Inc." published on August 30, 2018, Themiddlemarket.com published: "M&A wrap: Campbell, Bolthouse Farms, Garden Fresh Gourmet, Denise Morrison" on August 30, 2018. (NASDAQ:KTWO) has topped consensus earnings estimates in 5 quarters (41%), missed earnings in 6 quarters (50%), whereas at 1 occasion EPS met analyst expectations.

PROFITABILITY RATIOS: The company's net profit margin is -14.50%. The business's quarterly revenue was up 12.0% compared to the same quarter previous year. The next 5 year EPS growth rate of Reis, Inc (NASDAQ:REIS) is predicted at 0% while K2M Group Holdings, Inc. Reis, Inc (NASDAQ:REIS) soared to 32.18% closing at the price of $23 whereas the shares of K2M Group Holdings, Inc. Following the transaction, the chief financial officer now owns 65,659 shares in the company, valued at approximately $1,318,432.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 3,497 shares of company stock worth $73,610 in the last ninety days.

Several other hedge funds and other institutional investors also recently modified their holdings of KTWO. Public Employees Retirement System of OH raised its position in K2M Group by 37.1% in the 2nd quarter.

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P/S, P/E, P/C and P/B/ SMA50, SMA 200: The price-to-sales is a valuation ratio that relates a company's stock price to its revenues. MetLife Investment Advisors LLC purchased a new stake in shares of K2M Group in the fourth quarter worth $350,000. The second largest holder, Waddell & Reed Financial Inc, with 2.22M shares which equates to $49.97M worth of the stock.

The stock performance indicator shows that how much stock have changed over the specific recent trading period. Bijou covers the Healthcare sector, focusing on stocks such as Zimmer Biomet Holdings, Integra Lifesciences, and Wright Medical Group. ValuEngine raised shares of K2M Group from a "hold" rating to a "buy" rating in a research report on Thursday.

The value of a stock is ultimately determined by the amount of cash flow that the investors have available.

Stryker Corp. said Thursday it has agreed to acquire medical-device company K2M Group Holdings Inc.in a deal valued at about $1.4 billion. The company offers implants, disposables, and instruments primarily to hospitals for use by spine surgeons to treat spinal pathologies, such as deformity, trauma, and tumor.

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