LDR Holding Corp Now Covered by Analysts at RBC Capital (LDRH)
Stock analysts at RBC Capital began coverage on shares of LDR Holding Corp (NASDAQ:LDRH) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $34.00 price target on the stock. RBC Capital’s price target would indicate a potential upside of 25.83% from the stock’s previous close.
LDR Holding Corp (NASDAQ:LDRH) traded up 3.33% during mid-day trading on Monday, hitting $27.92. The stock had a trading volume of 156,512 shares. LDR Holding Corp has a 1-year low of $17.79 and a 1-year high of $40.39. The stock’s 50-day moving average is $24.34 and its 200-day moving average is $27.00. The company’s market cap is $711.1 million.
LDR Holding Corp (NASDAQ:LDRH) last announced its earnings results on Wednesday, May 7th. The company reported ($0.15) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.17) by $0.02. The company had revenue of $31.07 million for the quarter, compared to the consensus estimate of $30.13 million. LDR Holding Corp’s revenue was up 20.2% compared to the same quarter last year. Analysts expect that LDR Holding Corp will post $-0.50 EPS for the current fiscal year.
In other LDR Holding Corp news, CFO Robert Mcnamara sold 40,000 shares of LDR Holding Corp stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $24.65, for a total transaction of $986,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
LDR Holding Corporation is a global medical device company focused on designing and commercializing novel and surgical technologies for the treatment of patients suffering from spine disorders.
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