Professional
Added to YB: 2024-07-18
Pitch date: 2024-07-17
OFIX [neutral]
Orthofix Medical Inc.
-35.54%
current return
Author Info
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Company Info
Orthofix Medical Inc., together with its subsidiaries, operates as a medical technology company in the United States, Italy, the United Kingdom, France, Germany, Brazil, and internationally.
Market Cap
$493.5M
Pitch Price
$16.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
25.48
P/E
-8.07
EV/Sales
0.77
Sector
Health Care Equipment and Supplies
Category
turnaround
Pernas Research Passes On: Orthofix Medical Inc.
OFIX: $605M mrkt cap spine/ortho co. New mgmt w/ exit exp after C-suite shakeup. $1B sales but unprofitable due to bloated costs & merger digestion. Strong product portfolio. Typically, med device cos profitable at $200M sales. Awaiting strategy/cost-cutting clarity before considering position.
Read full article (1 min)