K2M Group Holdings, Inc. (NASDAQ:KTWO) is set to issue its quarterly earnings data after the market closes on Tuesday, October 31st. Analysts expect the company to announce earnings of ($0.16) per share for the quarter.

K2M Group Holdings (NASDAQ:KTWO) last posted its quarterly earnings data on Tuesday, August 1st. The medical device company reported ($0.21) EPS for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.01. The company had revenue of $65.70 million for the quarter, compared to analyst estimates of $66.26 million. K2M Group Holdings had a negative net margin of 16.21% and a negative return on equity of 15.45%. K2M Group Holdings’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.27) earnings per share. On average, analysts expect K2M Group Holdings to post $-0.83 EPS for the current fiscal year and $-0.46 EPS for the next fiscal year.

K2M Group Holdings, Inc. (KTWO) opened at 20.00 on Tuesday. The firm has a 50-day moving average of $20.98 and a 200-day moving average of $22.48. The firm’s market capitalization is $865.36 million. K2M Group Holdings, Inc. has a 1-year low of $16.32 and a 1-year high of $25.99.

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In other K2M Group Holdings news, CFO Gregory S. Cole sold 39,357 shares of the firm’s stock in a transaction dated Friday, August 11th. The shares were sold at an average price of $23.37, for a total transaction of $919,773.09. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Gregory S. Cole sold 2,350 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $24.08, for a total transaction of $56,588.00. Following the transaction, the chief financial officer now directly owns 55,158 shares in the company, valued at approximately $1,328,204.64. The disclosure for this sale can be found here. In the last ninety days, insiders sold 44,129 shares of company stock worth $1,033,644. Corporate insiders own 5.80% of the company’s stock.

A number of research firms have recently issued reports on KTWO. Royal Bank Of Canada restated a “buy” rating and issued a $26.00 price target on shares of K2M Group Holdings in a research report on Thursday, July 20th. BidaskClub raised shares of K2M Group Holdings from a “hold” rating to a “buy” rating in a report on Wednesday, July 19th. Cowen and Company reaffirmed a “buy” rating and issued a $26.00 price objective on shares of K2M Group Holdings in a report on Wednesday, July 19th. JMP Securities reaffirmed an “outperform” rating and issued a $30.00 price objective (up previously from $27.00) on shares of K2M Group Holdings in a report on Wednesday, June 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of K2M Group Holdings in a report on Wednesday, August 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the stock. K2M Group Holdings presently has an average rating of “Buy” and an average target price of $25.10.

About K2M Group Holdings

K2M Group Holdings, Inc is a medical device company focused on designing, developing and commercializing spine and minimally invasive technologies and techniques. The Company’s solutions are focused on achieving three-dimensional Total Body Balance. Its spine products are used by spine surgeons to treat spinal pathologies, such as deformity (primarily scoliosis), trauma and tumor.

Earnings History for K2M Group Holdings (NASDAQ:KTWO)

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