ConforMIS Inc (NASDAQ:CFMS) fell -30.64% during previous trade. Canaccord Genuity issued rating on the stock of ConforMIS Inc (NASDAQ:CFMS) in a research note issued to investors on Feb-16-17, the stock received “Downgrade” rating from Buy to Hold from $12 to $7. Additionally SunTrust issued their verdict on the stock of the company, on record date of Sep-19-16 the stock was “Initiated” as Buy besides that on May-13-16 ConforMIS Inc (NASDAQ:CFMS) was “Reiterated” by Deutsche Bank as Buy from $26 to $12. Furthermore on May-13-16 the stock was “Downgraded” by Wells Fargo from Outperform to Market Perform.
ConforMIS Inc (NASDAQ:CFMS) shares ended last trading session at the price of $5.93 whereas a number of traders indicating mean target price will hit $12.60 over the next twelve months, mean value of price target most recently revised on 02/15/17. ConforMIS Inc (NASDAQ:CFMS)’s highest estimates of price target are $14 and low forecast is $11 based on the opinion of 5 analysts. The price target estimates represents a standard deviation of 1.34. However brokerage recommendations suggests an ABR of 1.67 based on calls of 6 experts, where 4 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 2 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.
ConforMIS Inc (NASDAQ:CFMS) is expected to release the earnings of its current quarter on 5/11/17. The company is expected to release $-0.3 EPS for current quarter according to 7 analysts whereas the company reported $-0.36 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.34 and high estimate of $-0.28. For the current year ConforMIS Inc (NASDAQ:CFMS) has set to release EPS of $-1.31 as per the sentiments of 7 analysts, however according to 7 analysts, the company expected to release $-1.13 EPS for next year.
ConforMIS Inc (NASDAQ:CFMS)’s average revenue estimates for the current quarter are $21.56M according to 7 number of analysts. However its lowest revenue estimates are $20.8M and highest revenue estimates are $22.71M. A year ago the company’s sales were $19.07M. Its yearly sales growth estimates are 13.10%. For the next quarter the company has anticipated average revenues of $23.4M, according to the sentiments of 4 analysts. For the current year the company has fixed $79.75M revenues, as per the opinion of 7 analysts. For the current year the company has low revenue estimates of $79M in contradiction of high revenue estimates of $80.94M. Whereas for the next year revenues are set at $100.9M by 7 analysts.
The stock exchanged hands 5.40M shares versus average trading capacity of 199,083 shares, while its shares’ total market worth is $252.82M along with 42.88M outstanding shares. ConforMIS Inc (NASDAQ:CFMS) shares were trading -57.12% below from the 52-week high price mark of $13.83 and +23.54% above from the 52-week price bottom of $4.80. However the company observed 52 week high price on 04/28/16 and witnessed 52 week low price on 05/13/16. The company’s price sits -30.20% below from its 50-day moving average of $8.38 and -28.62% away from the stock’s 200-day moving average which is $8.61. ConforMIS Inc (NASDAQ:CFMS)’s price to sales ratio for trailing twelve month stands at 3.29, whereas its price to book ratio for most recent quarter sits at 2.36. However the company’s price to cash per share for most recent quarter stands at 3.46.