K2M Group Holdings, Inc. (KTWO) Receives Outperform Rating from William Blair


On Tuesday, May 3 the stock rating was downgraded by Northland Capital to "Market Perform". (NASDAQ:KTWO) that has shown a discernible change in trend levels over the path of recent market activity.

06/02/2014 - Wells Fargo began new coverage on K2M Group Holdings, Inc. giving the company a "outperform" rating. Royal Bank Of Canada restated a buy rating and set a $26.00 target price on shares of K2M Group Holdings in a report on Thursday, July 20th. Needham & Company LLC restated a buy rating on shares of K2M Group Holdings in a report on Wednesday, August 2nd. Needham maintained the shares of KTWO in report on Tuesday, January 10 with "Strong Buy" rating. The 14-day RSI is now sitting at 30.68, the 7-day is at 25.13, and the 3-day is spotted at 17.22 for K2M Group Hldngs (KTWO). (NYSE:JPM)posting a -0.53% after which it closed the day' session at $96.41 and sees an average of 12.05M shares trade hands in each session while it's while its relative trading volume is 0.64. The company has market cap of $760.33 million. K2M Group Holdings has a 1-year low of $16.32 and a 1-year high of $25.99. After having $-0.21 EPS previously, K2M Group Holdings Inc's analysts see -23.81% EPS growth. Ubs Group Ag added to its position by buying 700 shares an increase of 5.9% in the quarter. The business had revenue of $65.70 million for the quarter, compared to analysts' expectations of $66.26 million. There has been an observed change of -15.09% in the ownership of the shares in the past six months.

In the last earnings report the EPS was $-0.95 and is projected to be $-0.81 for the current year with 43,268,000 shares outstanding.

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COPYRIGHT VIOLATION WARNING: "K2M Group Holdings, Inc". Cowen & Co has "Buy" rating and $2600 target. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & worldwide trademark & copyright legislation. K2M Group Holdings has an average rating of Buy and an average price target of $25.60. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -17.81% from last close price of 17.77 and act as support or resistance of price limit. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The stock has "Buy" rating by Piper Jaffray on Wednesday, August 5. The stock was sold at an average price of $23.30, for a total transaction of $31,035.60. 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%. The disclosure for this sale can be found here.

Average true range (ATR-14) of the company sets at 1.13, along with its weekly and monthly volatility of 5.39% and 4.61% respectively. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Dorsey & Whitney Trust CO LLC acquired a new position in K2M Group Holdings in the second quarter valued at approximately $211,000. The medical device company reported ($0.21) EPS for the quarter, beating the Zacks' consensus estimate of ($0.22) by $0.01. The total value of its holdings increased 58.8%. NINK's SI was 1,100 shares in October as released by FINRA. Point72 Asset Management, L.p. claims 742,600 shares with a value of $18,090,000.

Total debt to equity ratio of K2M Group Hldngs Cmn (NASDAQ:KTWO) for most recent quarter is 0.29 whereas long term debt to equity ratio for most recent quarter is 0.28. William Blair analyst K. Krum anticipates that the medical device company will earn ($0.18) per share for the quarter.