Xtant Medical Holdings, Inc. (XTNT) Going Through Hard Times This Year

Xtant Medical Holdings, Inc. (XTNT) shares saw a recent bid of $0.69 and 6.23M shares have exchanged hands in the recent trading session, yielding a 56.85% gain over the past week. The stock price increased 31.74% or $-0.17 versus $0.52 at the end of the prior session. This change led market cap to move at $12.37M, putting the price -70.89% below the 52-week high and 142.02% above the 52-week low. The company’s stock has a normal trading capacity of 859.80K shares while the relative volume is 7.24.

To stay one step ahead we extended our research by comparing different price targets. The stock notched a 12-month high of $1.50 while $1.50 target is by far the most aggressive out of analysts who are currently evaluating the company, $0 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $1.50, which would be an increase of about 117% of its current value. The mean target of $1.50 should be compared with the price when the stock was languishing around $0.29 a share. And it remains to be seen which target price XTNT can achieve without sacrificing much as the company is holding a -67.14% fall for the past twelve months.

By historical standards, Xtant Medical Holdings, Inc. remains a cheap stock. For now, Xtant Medical Holdings, Inc. is the toast of Wall Street as its ABR stands at 2.30 with 0 out of 3 analysts rating the stock a buy. Over the short term, some market observers may have noticed that Xtant Medical Holdings, Inc. has a 7.80% short float with 15 days to cover. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Xtant Medical Holdings, Inc. has far performed well this year, with the share price up 25.45% since January. Over the past 2 quarters, the stock is up 39.11%, compared with a gain of nearly 42.30% for 3 months and about 32.85% for the past 30 days.

Last time, the company shocked Wall Street by reporting EPS of $-0.29, smashing the consensus of $-0.29 per share. Revenue for the quarter also did not kill consensus, coming in at $22.08M, compared to the consensus of 22.52M. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $-0.22. The company is expected to report EPS as high as $-0.20 and as low as $-0.24 per share. Similarly, full-year EPS forecasts have ranged between $-0.89 and $-0.89. The mean EPS estimate is $-0.89. On the other side, sales forecasts for the current quarter are $22.35M. The stock is expected to report revenue as high as $23.24M and as low as $21.46M per share. Similarly, full-year sales forecasts have ranged between $92.5M and $94.67M. The mean revenue estimate is $93.58M.

Over the last 5 years, Xtant Medical Holdings, Inc. has averaged a -14.80% YoY EPS growth rate and a 24.50% revenue growth rate. Analysts are expecting EPS growth rates to be at -540.70% this quarter and EPS estimate for next year reflect 44.90% growth rate.

Sell-side analysts also have something to say about this company.

Xtant Medical Holdings, Inc. (XTNT) Going Through Hard Times This Year was last modified: June 1st, 2017 by Edward Walker
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