InfuSystem Holdings, Inc. (NYSE:INFU) Receives $15.00 Consensus Target Price from Brokerages

Shares of InfuSystem Holdings, Inc. (NYSE:INFU) have received a consensus rating of “Buy” from the five research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $15.00.

Separately, Roth Mkm reissued a “buy” rating and issued a $15.00 target price (up from $14.00) on shares of InfuSystem in a report on Tuesday.

Institutional Trading of InfuSystem

Institutional investors have recently made changes to their positions in the business. Cubist Systematic Strategies LLC bought a new position in InfuSystem in the 1st quarter worth approximately $129,000. Jane Street Group LLC bought a new position in shares of InfuSystem during the first quarter worth $96,000. Acadian Asset Management LLC grew its stake in InfuSystem by 219.1% during the first quarter. Acadian Asset Management LLC now owns 39,117 shares of the company’s stock valued at $208,000 after acquiring an additional 26,860 shares in the last quarter. CWM LLC increased its holdings in InfuSystem by 1,160.1% in the 2nd quarter. CWM LLC now owns 4,826 shares of the company’s stock valued at $30,000 after acquiring an additional 4,443 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in InfuSystem in the 2nd quarter worth $294,000. Hedge funds and other institutional investors own 71.13% of the company’s stock.

InfuSystem Price Performance

NYSE INFU opened at $8.77 on Tuesday. The business’s fifty day moving average is $8.41 and its 200 day moving average is $9.32. InfuSystem has a fifty-two week low of $4.61 and a fifty-two week high of $11.04. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.59 and a current ratio of 1.98. The company has a market capitalization of $178.35 million, a PE ratio of 146.19 and a beta of 1.67.

InfuSystem Company Profile

InfuSystem Holdings Inc is a medical technology company that specializes in the rental, management and servicing of infusion pumps and associated devices used primarily for outpatient infusion therapy. The company provides a comprehensive suite of services that includes equipment delivery, setup and retrieval, preventive and corrective maintenance, reprocessing and quality assurance. InfuSystem’s offerings are designed to help hospitals, ambulatory surgery centers, oncology clinics and private infusion suites streamline clinical operations and maintain compliance with safety standards.

In addition to pump rental and repair services, InfuSystem has expanded into remote patient monitoring solutions.