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Orthofix Medical (OFIX)

(Real Time Quote from BATS)

$16.70 USD

16.70
42,400

+0.41 (2.52%)

Updated Jul 24, 2024 12:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value F Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 40% (100 out of 250)

Industry: Medical - Instruments

Better trading starts here.

Zacks News

Orthopedic Device Market Gains Momentum: 3 Stocks in Focus

The orthopedics market holds immense potential for investors who are keen on the healthcare space for long-term gains.

    Orthofix to Buy Spinal Kinetics, Widens Spine Fixation Suite

    Orthofix's (OFIX) latest deal to boost Spine Fixation portfolio and strengthen hold in the high-potential artificial disc market buoys optimism.

      Orthofix PhysioStim's FDA Nod and CE Mark Boosts Prospects

      Orthofix (OFIX) vouches for PhysioStim's efficiency, claiming the devices to lead the U.S. market of prescribed bone growth stimulators combined with spinal fusion stimulators.

        Orthofix (OFIX) Earnings & Revenues Beat Estimates in Q4

        Orthofix (OFIX) launches 20 products in 2018 and even schedules 17 more to be unveiled this year. Also, a strong full-year guidance bodes well for the company's better prospects.

          MedTech Industry Outlook - October 2017

          The Trump administration has not come up with any concrete plan to replace the MedTech tax as of yet.

            Stryker (SYK) to Gain From Solid Portfolio and Acquisitions

            Stryker's (SYK) diverse portfolio and accretive acquisitions is instrumental in aiding the company's top-line growth.

              Fresenius Medical (FMS) Well Poised on Growth Strategy 2020

              Fresenius Medical (FMS) is banking on its Growth Strategy 2020 plan for gaining market traction in the future. However, lackluster performance in the bourse is a concern.

                Boston Scientific Grows on New Products, Currency Woe Ails

                Boston Scientific (BSX) is gaining traction on product launch and accretive acquisitions. Yet an unfavorable currency movement is a major dampener.

                  DaVita Banks on Acquisitions, Escalating Expenses a Concern

                  DaVita HealthCare Partners' (DVA) focus on acquisitions will boost the company's expansion. However, rising expenses remains headwind.

                    Hurricane Maria to Hurt Medtronic in Q2, FY18 View Intact

                    Medtronic (MDT) expects normal manufacturing process in Puerto Rico to resume in full force in the coming weeks with considerable repairing done in the aftermath of Hurricane Maria.

                      Integra's (IART) Revize/Revize-X Boosts Tissue Technology Arm

                      Integra (IART) widens its tissue technology segment with the launch of Revize/Revize-X Collagen Matrix for plastic and reconstructive surgery.

                        Abbott (ABT) Hits a 52-Week High: What's Driving the Stock?

                        The market is upbeat about Abbott's (ABT) recent FDA approvals and buyouts.

                          QIAGEN's QFT-Plus Launch to Boost Molecular Diagnostics Arm

                          QIAGEN (QGEN) strengthens its highest revenue grossing segment with the launch of QuantiFERON-TB Gold Plus in the United States.

                            Hologic's Panther Fusion Flu A/B/RSV Assay Gets FDA Approval

                            Hologic's (HOLX) receipt of FDA approval for Panther Fusion Flu A/B/RSV assay running on the new Panther Fusion system is likely to boost its Diagnostic segment.

                              Masimo (MASI) Launches Trace Data and Reporting Tool in US

                              Masimo's (MASI) launch of Trace in the United States will aid the company in capturing the growing patient data visualization market.

                                Genomic Health's Cost Pressure Mounts, Cancer Tests Strong

                                Concerns related to Genomic Health's (GHDX) strong dependence on breast cancer tests still linger. Also, higher production cost and expenses continue to weigh heavily on the company's margins.

                                  Integra Rides High on Product Launches, Competition Rife

                                  Integra LifeSciences' (IART) latest launch of new sizes of SurgiMend and PriMatrix and Omnigraft as well as continued growth in private label products is encouraging.

                                    Henry Schein to Offer CAS' Fully-Automated Cognivue Device

                                    Henry Schein (HSIC) is consistently working toward boosting its Medical segment.

                                      Hill-Rom (HRC) Rides on Product Launches, Competition Rife

                                      Hill-Rom (HRC) focuses on product innovation through research and development. Its product launches slated for the fourth quarter are boosting investors' confidence.

                                        Integra LifeSciences' SurgiMend PRS Meshed Boosts ADM Line

                                        Advancing its portfolio of acellular dermal tissue matrix for plastic and reconstructive surgery, including breast reconstruction, Integra LifeSciences (IART) launched SurgiMend PRS Meshed in Europe.

                                          Boston Scientific's Apama Deal to Boost Electrophysiology Arm

                                          Boston Scientific's (BSX) Apama Medical addition is expected to strengthen its suite of arrhythmia solutions under the Electrophysiology sub-segment.

                                            Capricor Therapeutics (CAPR) Looks Good: Stock Adds 13.9% in Session

                                            Capricor Therapeutics (CAPR) was a big mover last session, as the company saw its shares rise almost 14% on the day amid huge volumes.

                                              Quest Diagnostics Buys 2 Outreach Labs, Widens Customer Base

                                              Quest Diagnostics (DGX) completes acquisition of outreach laboratory services of two Hartford HealthCare hospitals. The deal is expected to widen the network of the company.

                                                Abbott Gets FDA Nod for FreeStyle Libre, Boosts Diabetes Arm

                                                Abbott's (ABT) diabetes care segment to strengthen with the FDA approval for FreeStyle Libre Flash glucose monitoring system.

                                                  Edwards Lifesciences Pipeline Impressive, Currency Woes Stay

                                                  Edwards Lifesciences (EW) rides high on product launches as well as strength in the global Transcatheter Aortic Valve Replacement market.