The stock has a 36-month beta value of 1.70. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AORT is 39.12M, and at present, short sellers hold a 7.16% of that float. On May 08, 2024, the average trading volume of AORT was 210.79K shares.
AORT) stock’s latest price update
Artivion Inc (NYSE: AORT)’s stock price has soared by 12.81 in relation to previous closing price of 21.07. Nevertheless, the company has seen a gain of 21.15% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-06 that Artivion, Inc. (NYSE:AORT ) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Eileen Martin – Investor Relations Pat Mackin – Chief Executive Officer Lance Berry – Chief Financial Officer Conference Call Participants Mike Matson – Needham & Company Suraj Kalia – Oppenheimer & Company Frank Takkinen – Lake Street Capital Markets Jeffrey Cohen – Ladenburg Thalmann Operator Greetings. Welcome to Artivion First Quarter 2024 Financial Conference Call.
AORT’s Market Performance
Artivion Inc (AORT) has seen a 21.15% rise in stock performance for the week, with a 9.84% gain in the past month and a 40.07% surge in the past quarter. The volatility ratio for the week is 5.31%, and the volatility levels for the past 30 days are at 3.53% for AORT. The simple moving average for the past 20 days is 15.48% for AORT’s stock, with a 37.06% simple moving average for the past 200 days.
Analysts’ Opinion of AORT
Many brokerage firms have already submitted their reports for AORT stocks, with Lake Street repeating the rating for AORT by listing it as a “Buy.” The predicted price for AORT in the upcoming period, according to Lake Street is $28 based on the research report published on September 27, 2022 of the previous year 2022.
Lake Street, on the other hand, stated in their research note that they expect to see AORT reach a price target of $32. The rating they have provided for AORT stocks is “Buy” according to the report published on August 08th, 2022.
Stifel gave a rating of “Buy” to AORT, setting the target price at $30 in the report published on March 03rd of the previous year.
AORT Trading at 16.68% from the 50-Day Moving Average
After a stumble in the market that brought AORT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 8.54% of gains for the given period.
Volatility was left at 3.53%, however, over the last 30 days, the volatility rate increased by 5.31%, as shares surge +9.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.14% upper at present.
During the last 5 trading sessions, AORT rose by +21.15%, which changed the moving average for the period of 200-days by +41.32% in comparison to the 20-day moving average, which settled at $20.69. In addition, Artivion Inc saw 32.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AORT starting from Stanton Marshall S., who sale 2,183 shares at the price of $20.39 back on Mar 20 ’24. After this action, Stanton Marshall S. now owns 83,296 shares of Artivion Inc, valued at $44,511 using the latest closing price.
GREEN ANDREW M, the VP Regulatory of Artivion Inc, sale 1,462 shares at $20.00 during a trade that took place back on Mar 15 ’24, which means that GREEN ANDREW M is holding 41,121 shares at $29,240 based on the most recent closing price.
Stock Fundamentals for AORT
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.65 for the gross margin
The net margin for Artivion Inc stands at -0.03. The total capital return value is set at 0.05. Equity return is now at value -3.33, with -1.24 for asset returns.
Based on Artivion Inc (AORT), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 1.23. The interest coverage ratio of the stock is 1.29.
Currently, EBITDA for the company is 37.86 million with net debt to EBITDA at 11.69. When we switch over and look at the enterprise to sales, we see a ratio of 3.54. The receivables turnover for the company is 4.81for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.95.
Conclusion
To sum up, Artivion Inc (AORT) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
