LeMaitre Vascular Inc (NASDAQ: LMAT) stock closed at $74.22 on 5/3/24 after a major increase of 11.2%. Moreover, trading volume in this advance was exceptionally high at 243% of normal. Relative to the market the stock has been strong over the last nine months and has risen 17.8% during the last week.
Current PriceTarget Research Rating
LMAT’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
LeMaitre Vascular has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. LeMaitre Vascular has a very low Appreciation Score of 14 but a good Power Rating of 75, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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