K2M Group Holdings, Inc. (NASDAQ:KTWO) Sees Price Decrease - Down by 20.43%

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Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data.

Looking at the stock's movement on the chart, K2M Group Holdings, Inc. have shares float of 8.88%. Cowen and Company set a $28.00 price objective on shares of K2M Group Holdings and gave the company a buy rating in a research note on Thursday, August 17th. Needham & Company LLC reaffirmed a buy rating on shares of K2M Group Holdings in a report on Wednesday, August 2nd.

06/02/2014 - Wells Fargo began new coverage on K2M Group Holdings, Inc. giving the company a "outperform" rating. Needham maintained the shares of KTWO in report on Tuesday, January 10 with "Strong Buy" rating.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $781.52M.

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The stock decreased 18.41% or $4.01 during the last trading session, reaching $17.77.

What Historical Figures Say About K2M Group Holdings, Inc. The company has market cap of $798.87 million. KTWO's latest closing price was -18.98% away from the average price of 200 days while it maintained a distance of -21.42% from the 50 Day Moving Average and -17.81% away compared to its SMA 20. K2M Group Holdings Inc (NASDAQ:KTWO) has risen 113.03% since October 11, 2016 and is uptrending. Analysts forecast EPS of $-0.16, up exactly $0.03 or 15.79 % from 2014's $-0.19 EPS. The company had revenue of $65.70 million during the quarter, compared to the consensus estimate of $66.26 million. The business's revenue for the quarter was up 11.0% compared to the same quarter past year.

K2M Group Holdings (NASDAQ:KTWO) last posted its quarterly earnings results on Tuesday, August 1st.

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Investors analyze price earnings ratio (P/E) ratio that helps how much they should pay for a stock based on its current earnings. It dived, as 25 investors sold AGO shares while 106 reduced holdings. 70 funds opened positions while 222 raised stakes.

10/09/2017 - K2M Group Holdings, Inc. had its "overweight" rating reiterated by analysts at Piper Jaffray.

KTWO is now undervalued by -33.69% relative to the average 1-year price target of $26.80 taken from a group of Wall Street Analysts. Also, CFO Gregory S. Cole sold 39,357 shares of K2M Group Holdings stock in a transaction that occurred on Friday, August 11th. The total value of its holdings increased 25.8%. The disclosure for this sale can be found here. In the last three months, insiders sold 44,129 shares of company stock worth $1,033,644.

Institutional investors and hedge funds have recently modified their holdings of the business. Total debt to equity ratio of the company for most recent quarter is 0.29 whereas long term debt to equity ratio for most recent quarter is 0.28. Wellington Management Group LLP increased its position in shares of K2M Group Holdings by 10.4% during the first quarter. Wellington Management Group LLP now owns 1,875,913 shares of the medical device company's stock valued at $38,475,000 after buying an additional 175,998 shares in the last quarter.

On a similar note, analysts expect EPS of $1.07 in September 2017 quarter and $1.15 in December 2017 quarter, representing 3.88% and 6.48% growth, respectively.

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The Procter & Gamble Company has a beta of 1.44, offering the possibility of a higher rate of return, but also posing more risk. Finally, Sectoral Asset Management Inc increased its position in shares of K2M Group Holdings by 22.9% during the second quarter. The co's performance for 6 months was slashed of -15.82%, 1-year performance stands at -3.42% and year to date showing reduced performance of -11.33%.

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