LivaNova PLC [LIVN] stock is trading at $56.63, up 12.50%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LIVN shares have gain 8.32% over the last week, with a monthly amount glided 7.66%, and seem to be holding up well over a long-time horizon.
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On 20, March 2024, LivaNova Announces a Positive Predictive Outcome of Trial Success in its OSPREY Clinical Study for Moderate to Severe Obstructive Sleep Apnea. In a post published today on Yahoo Finance, LivaNova PLC (Nasdaq: LIVN), a market-leading medical technology company, today announced its OSPREY clinical study, Treating Obstructive Sleep Apnea Using Targeted Hypoglossal Nerve Stimulation, has achieved a positive predictive outcome and will conclude enrollment earlier than anticipated. This means there is a greater than 97.5% probability that the OSPREY trial will successfully meet its primary endpoint. OSPREY is a prospective, multi-center, randomized controlled open-label trial demonstrating the safety and effectiveness of the aura6000™ Hypoglossal Nerve Stimulator System versus a no stimulation control in subjects with moderate to severe obstructive sleep apnea (OSA) who have failed or are unwilling to use positive airway pressure treatment. LivaNova notified the U.S. Food and Drug Administration (FDA) and its partner trial sites of this significant milestone for the OSPREY study.
From an analyst’s perspective:
LivaNova PLC [NASDAQ: LIVN] stock has seen the most recent analyst activity on March 20, 2024, when Needham reiterated its Buy rating. Previously, Mizuho upgraded its rating to Buy on February 20, 2024, and elevated its price target to $70. On September 06, 2023, HSBC Securities initiated with a Hold rating and assigned a price target of $52 on the stock. Robert W. Baird started tracking the stock assigning a Neutral rating and suggested a price target of $56 on July 19, 2023. Mizuho initiated its recommendation with a Neutral and recommended $48 as its price target on April 14, 2023. Barclays started tracking with a Equal Weight rating for this stock on December 21, 2022, and assigned it a price target of $62. In a note dated April 06, 2022, Wolfe Research initiated an Outperform rating and provided a target price of $95 on this stock.
LivaNova PLC [LIVN] stock has fluctuated between $41.44 and $59.86 over the past year. Currently, Wall Street analysts expect the stock to reach $71 within the next 12 months. LivaNova PLC [NASDAQ: LIVN] shares were valued at $56.63 at the most recent close of the market. An investor can expect a potential return of 25.38% based on the average LIVN price forecast.
Analyzing the LIVN fundamentals
LivaNova PLC [NASDAQ:LIVN] reported sales of 1.15B for the trailing twelve months, which represents a growth of 12.80%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 52.84 points at the first support level, and at 49.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.80, and for the 2nd resistance point, it is at 60.97.
LivaNova PLC [LIVN] reported earnings per share of $0.87 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.77/share, meaning a difference of $0.1 and a surprise factor of 13.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.73 per share as compared to estimates of $0.64 per share, a difference of $0.09 representing a surprise of 14.10%.
Ratios To Look Out For
For context, LivaNova PLC’s Current Ratio is 2.95. Further, the Quick Ratio stands at 2.51, while the Cash Ratio is 1.73. Considering the valuation of this stock, the price to sales ratio is 2.65, the price to book ratio is 2.39 and price to earnings (TTM) ratio is 175.65.
Transactions by insiders
Recent insider trading involved McDonald Damien, CEO, that happened on Mar 30 ’23 when 2220.0 shares were sold.
