KIDS Stock Summary and Trading Ideas (Orthopediatrics Corp. | NASDAQ:KIDS)

OrthoPediatrics Corp is a medical device company. The company is engaged in providing products to the pediatric orthopedic market. The firm designs develop and commercialize implants and instruments to meet the needs of surgeons and patients. Its products, include PediLoc, PediPlates, Cannulated Screws, PediFlexTM nail, PediNailTM, PediLoc Tibia and ACL Reconstruction System among others.

Orthopediatrics Corp. trades on the NASDAQ stock market under the symbol KIDS.

As of April 19, 2024, KIDS stock price climbed to $30.31 with 131,287 million shares trading.

KIDS has a beta of 1.63, meaning it tends to be more sensitive to market movements. KIDS has a correlation of 0.14 to the broad based SPY ETF.

KIDS has a market cap of $720.96 million. This is considered a Small Cap stock.

Last quarter Orthopediatrics Corp. reported $38 million in Revenue and -$.23 earnings per share. This fell short of revenue expectation by $-117,000 and exceeded earnings estimates by $.05.

In the last 3 years, KIDS stock traded as high as $73.91 and as low as $23.10.

The top ETF exchange traded funds that KIDS belongs to (by Net Assets): VTI, IWM, VXF, IWO, XHE.

KIDS stock has underperformed the market in the last year with a return of -36.8%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KIDS shares. However, KIDS has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and +10.3%, while SPY returned +3.0% and -4.5%, respectively. This indicates KIDS has been having a stronger performance recently.

KIDS support price is $28.27 and resistance is $30.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KIDS stock will trade within this expected range on the day.