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Volcano (NASDAQ:VOLC)‘s stock had its “market perform” rating restated by research analysts at Keefe, Bruyette & Woods in a report released on Friday. They currently have a $18.00 price objective on the stock, down from their previous price objective of $23.00. Keefe, Bruyette & Woods’ price objective points to a potential upside of 43.31% from the company’s current price.

Several other analysts have also recently commented on the stock. Analysts at Oppenheimer downgraded shares of Volcano from an “outperform” rating to a “market perform” rating in a research note on Friday. They now have a $15.00 price target on the stock, down previously from $22.00. Separately, analysts at Jefferies Group cut their price target on shares of Volcano from $24.00 to $20.00 in a research note on Friday. Finally, analysts at Cantor Fitzgerald initiated coverage on shares of Volcano in a research note on Tuesday, June 24th. They set a “hold” rating and a $21.00 price target on the stock. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $18.64.

Volcano (NASDAQ:VOLC) opened at 12.56 on Friday. Volcano has a one year low of $11.54 and a one year high of $24.62. The stock’s 50-day moving average is $16.70 and its 200-day moving average is $18.92. The company’s market cap is $643.4 million.

Volcano (NASDAQ:VOLC) last released its earnings data on Thursday, August 7th. The company reported $0.01 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.05) by $0.06. The company had revenue of $102.60 million for the quarter, compared to the consensus estimate of $103.14 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. On average, analysts predict that Volcano will post $-0.19 earnings per share for the current fiscal year.

Volcano Corporation (NASDAQ:VOLC) designs, develops, manufactures and commercializes a range of precision guided therapy tools, including intravascular ultrasound (IVUS), and fractional flow reserve (FFR), products.

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