OrthoPediatrics (KIDS)
Market Price (11/9/2026): $31.715 | Market Cap: $828.1 MilSector: Health Care | Industry: Life Sciences Tools & Services
OrthoPediatrics (KIDS)
Market Price (11/9/2026): $31.715Market Cap: $828.1 MilSector: Health CareIndustry: Life Sciences Tools & Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Megatrend and thematic driversMegatrends include Precision Medicine, and Digital Health & Telemedicine. Themes include Targeted Therapies, Personalized Diagnostics, Show more. | Weak multi-year price returns2Y Excs Rtn is -13%, 3Y Excs Rtn is -45% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -22 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.1% Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 61x Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 60% Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.9% Key risksKIDS key risks include [1] its current lack of profitability and significant negative cash flow, Show more. |
| Megatrend and thematic driversMegatrends include Precision Medicine, and Digital Health & Telemedicine. Themes include Targeted Therapies, Personalized Diagnostics, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -13%, 3Y Excs Rtn is -45% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -22 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.1% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 61x |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 60% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.9% |
| Key risksKIDS key risks include [1] its current lack of profitability and significant negative cash flow, Show more. |
Qualitative Assessment
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OrthoPediatrics (KIDS) stock has gained about 55% since 7/31/2026 because of the following key factors:
1. Strong and Consistent Revenue Growth Exceeding Expectations.
OrthoPediatrics reported record revenue in both fiscal Q2 2026 and fiscal Q3 2026. For fiscal Q2 2026, the company generated $70.5 million, a 15% increase year-over-year, surpassing analyst estimates of $68.22 million. This positive trend continued into fiscal Q3 2026, with revenue reaching a record $72.7 million, up 19% from the prior year and approximately $4.2 million above the consensus estimate of $68.50 million.
2. Significant Improvement in Profitability and Cash Flow.
The company demonstrated enhanced operational efficiency and financial health. OrthoPediatrics achieved a record Adjusted EBITDA of $6.8 million in fiscal Q2 2026, increasing from $4.1 million in the same period last year. This was followed by another record Adjusted EBITDA of $6.9 million in fiscal Q3 2026, representing approximately 10% of revenue and an increase from $6.2 million in Q3 2025. Notably, the company also reported positive free cash flow of $1.6 million in fiscal Q3 2026, a significant reversal from the $3.4 million usage in the prior-year period.
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OrthoPediatrics (KIDS) stock has gained about 55% since 7/31/2026 because of the following key factors:
1. Strong and Consistent Revenue Growth Exceeding Expectations.
OrthoPediatrics reported record revenue in both fiscal Q2 2026 and fiscal Q3 2026. For fiscal Q2 2026, the company generated $70.5 million, a 15% increase year-over-year, surpassing analyst estimates of $68.22 million. This positive trend continued into fiscal Q3 2026, with revenue reaching a record $72.7 million, up 19% from the prior year and approximately $4.2 million above the consensus estimate of $68.50 million.
2. Significant Improvement in Profitability and Cash Flow.
The company demonstrated enhanced operational efficiency and financial health. OrthoPediatrics achieved a record Adjusted EBITDA of $6.8 million in fiscal Q2 2026, increasing from $4.1 million in the same period last year. This was followed by another record Adjusted EBITDA of $6.9 million in fiscal Q3 2026, representing approximately 10% of revenue and an increase from $6.2 million in Q3 2025. Notably, the company also reported positive free cash flow of $1.6 million in fiscal Q3 2026, a significant reversal from the $3.4 million usage in the prior-year period.
3. Multiple Upward Revisions to Full-Year Financial Guidance.
Management expressed increasing confidence in the company's outlook by repeatedly raising its full-year fiscal 2026 revenue guidance. Following the strong fiscal Q2 2026 results, the guidance was increased to a range of $265.0 million to $269.0 million. This was further raised after fiscal Q3 2026 earnings to $270.0 million to $273.0 million, implying a 14% to 16% growth rate for the year. OrthoPediatrics also reiterated its target for approximately $25 million in Adjusted EBITDA and its expectation to achieve free cash flow breakeven or better for the full fiscal year 2026.
4. Strategic Product Innovations and Regulatory Milestones.
OrthoPediatrics continued to expand its product portfolio and market reach through key innovations and regulatory successes. This included the FDA 510(k) clearance of its PNP | Femur Retrograde Nail System in October 2026, followed by its first implantations, which is expected to contribute to growth in the Trauma & Deformity segment. Additionally, the company expanded its Lower Extremity Bracing portfolio with the launch of the OPSB® Knee 'TractorFIX in October 2026. These new offerings reinforce the company's "innovation super cycle" strategy, contributing to overall demand and market share gains.
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Stock Movement Drivers
Fundamental Drivers
The 57.3% change in KIDS stock from 7/31/2026 to 11/8/2026 was primarily driven by a 47.8% change in the company's P/S Multiple.| (LTM values as of) | 7312026 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.19 | 31.76 | 57.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 243 | 264 | 8.6% |
| P/S Multiple | 2.0 | 2.9 | 47.8% |
| Shares Outstanding (Mil) | 24 | 24 | -1.9% |
| Cumulative Contribution | 57.3% |
Market Drivers
7/31/2026 to 11/8/2026| Return | Correlation | |
|---|---|---|
| KIDS | 57.3% | |
| Market (SPY) | -1.6% | 18.0% |
| Sector (XLV) | 13.7% | 32.5% |
Fundamental Drivers
The 110.9% change in KIDS stock from 4/30/2026 to 11/8/2026 was primarily driven by a 93.3% change in the company's P/S Multiple.| (LTM values as of) | 4302026 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.06 | 31.76 | 110.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 236 | 264 | 11.8% |
| P/S Multiple | 1.5 | 2.9 | 93.3% |
| Shares Outstanding (Mil) | 24 | 24 | -2.4% |
| Cumulative Contribution | 110.9% |
Market Drivers
4/30/2026 to 11/8/2026| Return | Correlation | |
|---|---|---|
| KIDS | 110.9% | |
| Market (SPY) | 2.6% | 12.8% |
| Sector (XLV) | 27.1% | 33.9% |
Fundamental Drivers
The 88.6% change in KIDS stock from 10/31/2025 to 11/8/2026 was primarily driven by a 66.4% change in the company's P/S Multiple.| (LTM values as of) | 10312025 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.84 | 31.76 | 88.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 227 | 264 | 16.1% |
| P/S Multiple | 1.7 | 2.9 | 66.4% |
| Shares Outstanding (Mil) | 24 | 24 | -2.4% |
| Cumulative Contribution | 88.6% |
Market Drivers
10/31/2025 to 11/8/2026| Return | Correlation | |
|---|---|---|
| KIDS | 88.6% | |
| Market (SPY) | 8.7% | 20.6% |
| Sector (XLV) | 29.8% | 37.5% |
Fundamental Drivers
The 29.8% change in KIDS stock from 10/31/2023 to 11/8/2026 was primarily driven by a 92.7% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 10312023 | 11082026 | Change |
|---|---|---|---|
| Stock Price ($) | 24.46 | 31.76 | 29.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 137 | 264 | 92.7% |
| P/S Multiple | 4.1 | 2.9 | -28.3% |
| Shares Outstanding (Mil) | 23 | 24 | -6.0% |
| Cumulative Contribution | 29.8% |
Market Drivers
10/31/2023 to 11/8/2026| Return | Correlation | |
|---|---|---|
| KIDS | 29.8% | |
| Market (SPY) | 81.9% | 32.3% |
| Sector (XLV) | 55.4% | 36.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| KIDS Return | 45% | -34% | -18% | -29% | -23% | 79% | -23% |
| Peers Return | 3% | -1% | 1% | 9% | -5% | 1% | 7% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| KIDS Win Rate | 58% | 42% | 50% | 50% | 42% | 64% | |
| Peers Win Rate | 50% | 52% | 47% | 50% | 42% | 51% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| KIDS Max Drawdown | -25% | -40% | -55% | -38% | -40% | -27% | |
| Peers Max Drawdown | -24% | -32% | -29% | -20% | -28% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: SYK, ZBH, MDT, GMED, ENOV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)
How Low Can It Go
| Event | KIDS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -18.1% | -18.8% |
| % Gain to Breakeven | 22.1% | 23.1% |
| Time to Breakeven | 439 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -20.3% | -7.8% |
| % Gain to Breakeven | 25.5% | 8.5% |
| Time to Breakeven | 9 days | 18 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -12.2% | -6.7% |
| % Gain to Breakeven | 14.0% | 7.1% |
| Time to Breakeven | 26 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.4% | -33.7% |
| % Gain to Breakeven | 45.8% | 50.9% |
| Time to Breakeven | 84 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.3% | -19.2% |
| % Gain to Breakeven | 39.5% | 23.8% |
| Time to Breakeven | 83 days | 105 days |
In The Past
OrthoPediatrics's stock fell -18.1% during the 2025 US Tariff Shock. Such a loss loss requires a 22.1% gain to breakeven.
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Asset Allocation
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| Event | KIDS | S&P 500 |
|---|---|---|
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -20.3% | -7.8% |
| % Gain to Breakeven | 25.5% | 8.5% |
| Time to Breakeven | 9 days | 18 days |
| 2020 COVID-19 Crash | ||
| % Loss | -31.4% | -33.7% |
| % Gain to Breakeven | 45.8% | 50.9% |
| Time to Breakeven | 84 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -28.3% | -19.2% |
| % Gain to Breakeven | 39.5% | 23.8% |
| Time to Breakeven | 83 days | 105 days |
In The Past
OrthoPediatrics's stock fell -18.1% during the 2025 US Tariff Shock. Such a loss loss requires a 22.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About OrthoPediatrics (KIDS)
OrthoPediatrics Corp. (KIDS) is a medical device company dedicated to designing, developing, and marketing specialized orthopedic implants and devices exclusively for children. Operating in both U.S. and international markets, the company focuses on addressing the unique anatomical requirements and orthopedic conditions found in pediatric patients.
The company's product offerings span several key areas within pediatric orthopedics, including trauma and deformity correction, treatment for spinal deformities like scoliosis, and sports medicine. Its portfolio features a wide array of systems and devices, such as PediLoc and PediPlates for trauma, RESPONSE Spine systems and the ApiFix Mid-C system for scoliosis, along with various cannulated screws, nailing platforms, and ACL reconstruction systems, all engineered for pediatric use.
OrthoPediatrics serves the specialized pediatric orthopedic market. Its primary customers are pediatric orthopedic surgeons and caregivers who require tailored solutions for treating children's orthopedic conditions. By concentrating on this niche, the company aims to be a leading provider of medical devices that meet the distinct needs of young patients.
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Here are 1-3 brief analogies for OrthoPediatrics:
Stryker for pediatric orthopedic devices.
Johnson & Johnson's medical devices division, but focused entirely on children's orthopedic conditions.
Medtronic, but dedicated solely to orthopedic implants and devices for children.
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- PediLoc: An implant system used for trauma and deformity correction in children.
- PediPlates: Implants designed for treating various pediatric orthopedic conditions.
- Cannulated Screws: Surgical screws specifically used for bone fixation in pediatric patients.
- PediFlex Nail: A flexible intramedullary nail system for pediatric fractures.
- PediNail: A nailing system tailored for pediatric orthopedic procedures.
- PediLoc Tibia: A specialized PediLoc implant system specifically designed for the tibia.
- Anterior Cruciate Ligament Reconstruction Systems: Systems for repairing ACL injuries in children.
- Locking Cannulated Blades: Implants utilized for bone fixation in pediatric orthopedics.
- Locking Proximal Femurs: Implants designed for treating conditions of the proximal femur in children.
- Spica Tables: Surgical tables used during pediatric orthopedic procedures, often for hip conditions.
- RESPONSE Spine Systems: Comprehensive systems for treating spinal deformities, including scoliosis.
- Bandloc: A spinal implant utilized in scoliosis procedures.
- Pediguard: A spinal implant designed for treating spinal deformities.
- Pediatric Nailing Platform: A platform encompassing various products for pediatric bone nailing.
- Femur System: A system of implants and devices specifically for femur treatments in children.
- Orthex: An orthopedic implant or device for pediatric use.
- QuickPack: An orthopedic implant or device for pediatric use.
- ApiFix Mid-C System: A system for correcting spinal deformities, specifically in the mid-cervical region.
AI Analysis | Feedback
OrthoPediatrics (KIDS) sells its specialized orthopedic implants and devices primarily to healthcare institutions and medical professionals rather than directly to individuals. Its major customers fall into the following categories:
- Hospitals: These healthcare facilities are primary purchasers of medical devices, including OrthoPedoatrics' products, for use in pediatric orthopedic surgeries. The company serves the "pediatric orthopedic market," which largely comprises these institutions.
- Surgical Centers: Similar to hospitals, specialized surgical centers that perform orthopedic procedures on children are key customers, procuring the necessary implants and devices.
- Pediatric Orthopedic Surgeons: While the direct purchase may be made by the institutions, pediatric orthopedic surgeons are crucial customers as they are the end-users who select and specify which of OrthoPediatrics' products are used for their young patients. The company markets directly to these professionals.
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David Bailey, President & CEO
David Bailey was appointed President and CEO of OrthoPediatrics effective June 1, 2021, and also serves as a Director on the Board. He joined the company in 2007 and has been instrumental in its growth from a start-up to a publicly traded entity, holding leadership positions in Domestic and International Sales, Operations, and overseeing the Trauma & Deformity Correction and Scoliosis business units. He played a key role in strategic agenda setting, capital raising, new product development, and establishing a global distribution network. Before joining OrthoPediatrics, he worked as a Sales Representative and Independent Distributor for Smith & Nephew Orthopaedics.
Fred Hite, Chief Financial Officer & Chief Operating Officer
Fred Hite joined OrthoPediatrics in February 2015 and also serves as a Director on the Board. Prior to OrthoPediatrics, he spent over ten years as the CFO and Investor Relations Officer of Symmetry Medical, a publicly traded company on the NYSE. During his time at Symmetry Medical, the company completed an Initial Public Offering (IPO), a secondary offering, and nine acquisitions. Before Symmetry Medical, Mr. Hite spent thirteen years with General Electric in a variety of financial positions.
Daniel Gerritzen, Executive Vice President (Legal) & General Counsel
Daniel Gerritzen has served as OrthoPediatrics' General Counsel since 2016.
Gregory Odle, President of Scoliosis
Gregory Odle joined OrthoPediatrics in 2007 and has held various leadership positions throughout the company's history, bringing 23 years of industry experience. Before OrthoPediatrics, he held various sales roles for Smith & Nephew, ultimately becoming District Manager for Indiana and Kentucky, where he achieved significant sales growth and led a team of 25 sales professionals.
Joe Hauser, President of Trauma, Deformity Correction and OPSB
Joe Hauser has 13 years of medical device experience, having held various leadership roles with DJO Global, Biomet (Trauma), and Zimmer (Trauma). He also pursued a Master's Degree in Business Administration with a Marketing focus from Capital University.
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The key risks to OrthoPediatrics' business include its concentration in a niche market, its growth strategy heavily reliant on acquisitions with associated integration and asset impairment risks, and a notable reliance on debt financing.
- Niche Market Concentration: OrthoPediatrics operates in the specialized pediatric orthopedics market. While this provides a dominant position within its niche, it inherently limits the company's overall addressable market and diversification opportunities. This focus means that the company's growth is largely tied to the expansion and dynamics of this specific segment of the healthcare industry.
- Acquisition-Dependent Growth Strategy with Integration and Asset Impairment Risks: The company actively pursues acquisitions to drive growth. This strategy carries significant risks, including the challenges of successfully integrating acquired businesses and their operations. Furthermore, OrthoPediatrics' asset base, which includes substantial goodwill, intangible assets, and fixed assets, is subject to impairment, especially following acquisitions. The company recorded impairment charges in the third quarters of both 2023 and 2022.
- Heavy Reliance on Debt Financing: OrthoPediatrics has demonstrated a heavy reliance on debt financing, including significant restructuring activity in 2024 such as terminating a credit facility and issuing $50 million in convertible notes. This reliance on debt, particularly with recent major refinancing efforts, represents a key financial risk to the company.
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OrthoPediatrics (NASDAQ: KIDS) operates within the global pediatric orthopedic market, which it estimates to be approximately $6.2 billion.
Specifically, the addressable market in the United States for OrthoPediatrics' products is estimated at over $2.8 billion.
The company's main products and services address three key categories within this market: trauma and deformity, scoliosis, and sports medicine/other procedures.
Broader market reports on pediatric orthopedic devices indicate the global market size was estimated at USD 4.15 billion in 2024 and is projected to reach USD 7.78 billion by 2030, growing at a CAGR of 11.0% from 2025 to 2030. Another estimate places the global ortho pediatric devices market size at approximately USD 4.07 billion in 2024, predicted to grow to around USD 12.75 billion by 2035.
North America consistently holds a significant share of the pediatric orthopedic devices market, with revenue shares reported as 46.2% in 2023, 43.85% in 2025, and 41.7% in 2024.
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OrthoPediatrics Corp. (KIDS) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Launch of New Products and Product Lines: The company is undergoing a multi-year "super cycle" of new product launches. The 3P Hip system is slated for a full commercial launch in 2026, with the 3P Small Mini in beta launch in 2026 and several new 3P systems planned over the next three years. Other new products include VerteGlide, eLLi, Playbook, IOTA Motion, PNP Retro, and a next-generation FD rod in telescopic nailing.
- Expansion of OrthoPediatrics Specialty Bracing (OPSB) Business and Clinic Presence: The OPSB segment is projected to grow by over 20% annually for several years. OrthoPediatrics is actively expanding its clinic presence, particularly near children's hospitals, with the potential to serve up to 300 locations. This expansion strategy, including both new "greenfield" clinics and "acquihires," is ahead of schedule.
- International Expansion and Global Commercial Reach: The company is leveraging its global commercial channels, with international revenue showing significant growth, including an 11% increase in Q1 2025 and 33% in Q4 2025. EU MDR approvals are crucial, allowing OrthoPediatrics to offer its full product line to European surgeons and creating market opportunities as competitors face compliance challenges. The acquisition of Folomed also aims to accelerate growth in Brazil.
- Strategic Acquisitions: OrthoPediatrics' growth strategy includes selective mergers and acquisitions to expand its addressable market. The acquisition of Boston Orthotics & Prosthetics (O&P) is highlighted as a positive move, with an aggressive growth strategy planned for this integrated business.
- Market Share Gains: The company emphasizes its leadership in pediatric orthopedics and its objective of taking market share across its business segments. This includes strategically utilizing previously deployed instrument sets to gain share in the surgical segment.
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Share Repurchases
- In August 2024, OrthoPediatrics authorized a stock repurchase program for up to $5 million of its common stock.
Inbound Investments
- Squadron, a private investment firm, is the company's largest investor.
- In January 2024, OrthoPediatrics closed a debt financing agreement with MidCap Financial, providing up to $80 million through a term loan and revolving loan, which replaced a prior $50 million line of credit.
Outbound Investments
- In 2022, OrthoPediatrics acquired MD Ortho and Pega Medical. The Pega Medical acquisition was valued at $33 million, comprising $31 million in cash and $2 million in stock.
- In January 2024, the company acquired Boston Orthotics & Prosthetics (Boston O&P) for an upfront cash payment of $22 million, expanding its pediatric orthotic and prosthetic device offerings.
- In August 2025, OrthoPediatrics acquired C Prodirect, a manufacturer of medical devices for pediatric orthopedic conditions.
Capital Expenditures
- Capital expenditures totaled $17 million in 2025.
- For 2026, expected capital expenditures are projected to be $10 million.
- The primary focus of these expenditures is to increase investment in consigned implant and instrument sets and to expand the company's Orthotics & Prosthetics (O&P) clinic network.
Peer Outperformance in Life Sciences Tools & Services
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| KIDS | OrthoPediatrics | 23.2% | -22.6x | 86.7% | 25.4% | -55.3% | — |
| AXGN | Axogen | 20.6% | -86.4x | 112.2% | 890.5% | 249.3% | +305pp |
| CDNA | CareDx | 19.6% | 31.8x | 402.9% | 989.6% | 64.4% | +120pp |
| ADPT | Adaptive Biotechnologies | 19.7% | -63.6x | 89.2% | 552.2% | -23.3% | +32pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Health Care Distributors | 6 | 6.4% | 56.1% | 94.3% | CAH 506% · MCK 394% · COR 179% |
| Health Care Services | 20 | 32.4% | 25.6% | 7.4% | HIMS 208% · RDNT 127% · DGX 98% |
| Managed Health Care | 8 | 55.2% | -1.8% | -2.7% | OSCR 86% · HQY 50% · ELV 7% |
| Health Care Facilities | 26 | 16.4% | 22.6% | -8.9% | THC 277% · NHC 227% · EHC 177% |
| Health Care Equipment | 50 | 4.0% | 18.3% | -16.3% | UFPT 356% · GKOS 318% · TMDX 175% |
| Pharmaceuticals | 60 | -8.6% | 18.7% | -39.8% | LQDA 933% · XERS 649% · KNSA 543% |
| Health Care Supplies | 11 | 23.1% | 19.5% | -41.3% | LNTH 242% · HAE 69% · MMSI 25% |
| Life Sciences Tools & Services ← | 108 | -6.4% | -14.5% | -74.1% | AXGN 249% · MEDP 191% · NTRA 166% |
| Biotechnology | 365 | -23.8% | -29.2% | -81.7% | ELVN 1232% · TRVI 1075% · DNTH 1069% |
| Health Care Technology | 21 | -21.7% | -47.8% | -83.1% | VEEV -5% · DOCS -54% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 87.09 |
| Mkt Cap | 14.8 |
| Rev LTM | 5,855 |
| Op Inc LTM | 1,055 |
| FCF LTM | 1,132 |
| FCF 3Y Avg | 965 |
| CFO LTM | 1,405 |
| CFO 3Y Avg | 1,201 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.8% |
| Rev Chg 3Y Avg | 10.8% |
| Rev Chg Q | 5.4% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Inc Chg LTM | 26.4% |
| Op Inc Chg 3Y Avg | 11.1% |
| Op Mgn LTM | 17.6% |
| Op Mgn 3Y Avg | 16.7% |
| QoQ Delta Op Mgn LTM | 0.4% |
| CFO/Rev LTM | 21.1% |
| CFO/Rev 3Y Avg | 20.2% |
| FCF/Rev LTM | 16.9% |
| FCF/Rev 3Y Avg | 16.1% |
Price Behavior
| Market Price | $31.76 | |
| Market Cap ($ Bil) | 0.8 | |
| First Trading Date | 10/12/2017 | |
| Distance from 52W High | -5.2% | |
| 50 Days | 200 Days | |
| DMA Price | $24.06 | $19.89 |
| DMA Trend | up | up |
| Distance from DMA | 32.0% | 59.6% |
| 3M | 1YR | |
| Volatility | 70.1% | 51.7% |
| Downside Capture | 33.65 | 50.45 |
| Upside Capture | 233.93 | 123.96 |
| Correlation (S&P 500) | 18.1% | 21.2% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.63 | 0.85 | 0.51 | 0.29 | 0.71 | 1.06 |
| Up Beta | -12.23 | -5.27 | -1.63 | -0.60 | 0.48 | 1.00 |
| Down Beta | 0.36 | 0.75 | 1.30 | 0.89 | 0.71 | 0.96 |
| Up Capture | 666% | 293% | 186% | 110% | 116% | 110% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 11 | 20 | 31 | 70 | 126 | 367 |
| Down Capture | 21% | 19% | -79% | -92% | 49% | 105% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 11 | 23 | 33 | 56 | 125 | 381 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with KIDS | |
|---|---|---|---|---|
| KIDS | 94.5% | 51.7% | 1.44 | - |
| Sector ETF (XLV) | 28.6% | 16.9% | 1.31 | 37.6% |
| Equity (SPY) | 9.5% | 13.6% | 0.40 | 21.0% |
| Gold (GLD) | 1.6% | 28.7% | 0.05 | 8.8% |
| Commodities (DBC) | 38.4% | 21.2% | 1.42 | -14.8% |
| Real Estate (VNQ) | 11.3% | 14.2% | 0.51 | 23.1% |
| Bitcoin (BTCUSD) | -27.2% | 43.6% | -0.61 | 5.2% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with KIDS | |
|---|---|---|---|---|
| KIDS | -14.2% | 49.9% | -0.14 | - |
| Sector ETF (XLV) | 8.3% | 15.4% | 0.35 | 39.3% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 40.8% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | 8.7% |
| Commodities (DBC) | 8.1% | 19.6% | 0.30 | 3.0% |
| Real Estate (VNQ) | 1.3% | 18.9% | -0.04 | 38.1% |
| Bitcoin (BTCUSD) | 4.0% | 51.6% | 0.26 | 21.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with KIDS | |
|---|---|---|---|---|
| KIDS | 5.6% | 50.5% | 0.31 | - |
| Sector ETF (XLV) | 12.2% | 16.8% | 0.59 | 38.0% |
| Equity (SPY) | 15.0% | 18.0% | 0.70 | 40.1% |
| Gold (GLD) | 11.9% | 16.5% | 0.59 | 4.2% |
| Commodities (DBC) | 7.5% | 18.1% | 0.33 | 9.3% |
| Real Estate (VNQ) | 5.9% | 20.7% | 0.24 | 34.9% |
| Bitcoin (BTCUSD) | 60.0% | 66.3% | 1.00 | 11.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 11/5/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/27/2026 | 29.3% | 31.9% | |
| 8/4/2026 | 6.8% | 16.1% | 9.2% |
| 4/30/2026 | 3.8% | 16.7% | 10.6% |
| 2/26/2026 | 7.8% | 0.2% | -12.8% |
| 10/28/2025 | -2.7% | -2.0% | 9.9% |
| 8/5/2025 | -11.3% | -2.9% | 2.6% |
| 5/7/2025 | 4.1% | 3.0% | -4.5% |
| 3/4/2025 | 11.9% | 12.4% | 14.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 11 | 14 |
| # Negative | 15 | 19 | 15 |
| Median Positive | 6.6% | 9.0% | 6.2% |
| Median Negative | -6.5% | -3.5% | -8.4% |
| Max Positive | 29.3% | 31.9% | 20.1% |
| Max Negative | -11.3% | -21.6% | -25.1% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/27/2026 | 29.3% | 31.9% | |
| 8/4/2026 | 6.8% | 16.1% | 9.2% |
| 4/30/2026 | 3.8% | 16.7% | 10.6% |
| 2/26/2026 | 7.8% | 0.2% | -12.8% |
| 10/28/2025 | -2.7% | -2.0% | 9.9% |
| 8/5/2025 | -11.3% | -2.9% | 2.6% |
| 5/7/2025 | 4.1% | 3.0% | -4.5% |
| 3/4/2025 | 11.9% | 12.4% | 14.9% |
| 1/13/2025 | -5.8% | 9.0% | -0.4% |
| 11/6/2024 | -11.2% | -21.6% | -25.1% |
| 8/5/2024 | -6.1% | -11.2% | 5.6% |
| 5/6/2024 | 3.3% | -7.4% | -4.1% |
| 3/6/2024 | 6.6% | -0.1% | 2.0% |
| 1/8/2024 | -1.5% | -5.4% | -8.5% |
| 11/6/2023 | 2.2% | -4.9% | 6.8% |
| 7/31/2023 | -4.8% | -3.4% | -9.4% |
| 5/1/2023 | -10.3% | -11.1% | -16.9% |
| 2/28/2023 | 1.3% | -1.6% | -2.4% |
| 1/9/2023 | -0.6% | -0.2% | 4.4% |
| 10/31/2022 | -10.7% | -3.5% | 3.5% |
| 8/3/2022 | 9.7% | 14.8% | -1.0% |
| 5/4/2022 | -10.5% | -20.1% | -8.4% |
| 3/2/2022 | -6.5% | -8.0% | -6.3% |
| 1/10/2022 | 6.9% | 1.3% | -11.0% |
| 11/3/2021 | 0.8% | -5.9% | -20.3% |
| 8/4/2021 | 6.3% | -2.1% | 7.6% |
| 5/5/2021 | 9.1% | 0.4% | 3.4% |
| 3/10/2021 | -8.1% | -2.1% | 1.2% |
| 1/11/2021 | -1.4% | -0.9% | 20.1% |
| 11/4/2020 | -7.1% | 6.1% | -2.7% |
| SUMMARY STATS | |||
| # Positive | 15 | 11 | 14 |
| # Negative | 15 | 19 | 15 |
| Median Positive | 6.6% | 9.0% | 6.2% |
| Median Negative | -6.5% | -3.5% | -8.4% |
| Max Positive | 29.3% | 31.9% | 20.1% |
| Max Negative | -11.3% | -21.6% | -25.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/28/2026 | 10-Q |
| 06/30/2026 | 08/05/2026 | 10-Q |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 03/04/2026 | 10-K |
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/05/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 03/08/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/01/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 10/28/2026 | 10-Q |
| 06/30/2026 | 08/05/2026 | 10-Q |
| 03/31/2026 | 05/01/2026 | 10-Q |
| 12/31/2025 | 03/04/2026 | 10-K |
| 09/30/2025 | 10/29/2025 | 10-Q |
| 06/30/2025 | 08/06/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 03/05/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/06/2024 | 10-Q |
| 03/31/2024 | 05/07/2024 | 10-Q |
| 12/31/2023 | 03/08/2024 | 10-K |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/01/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 03/01/2023 | 10-K |
| 09/30/2022 | 11/01/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 03/03/2022 | 10-K |
| 09/30/2021 | 11/04/2021 | 10-Q |
| 06/30/2021 | 08/05/2021 | 10-Q |
| 03/31/2021 | 05/06/2021 | 10-Q |
| 12/31/2020 | 03/11/2021 | 10-K |
| 09/30/2020 | 11/05/2020 | 10-Q |
| 06/30/2020 | 08/06/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 03/05/2020 | 10-K |
Recent Forward Guidance
Updated 11/2/2026Latest: Q3 2026 Earnings Reported 10/27/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Annual Set Deployment | Reported | 10.00 Mil | 0 | Affirmed | Guidance: 10.00 Mil for 2026 | |||
| 2026 Revenue | Reported | 270.00 Mil | 271.50 Mil | 273.00 Mil | 1.7% | Raised | Guidance: 267.00 Mil for 2026 | |
| 2026 Revenue Growth | Reported | 14.0% | 15.0% | 16.0% | 2.0% | Raised | Guidance: 13.0% for 2026 | |
| 2026 Adjusted EBITDA | Reported | 25.00 Mil | 0 | Affirmed | Guidance: 25.00 Mil for 2026 | |||
| 2026 Free Cash Flow | Reported | 0 | Affirmed | Guidance: 0 for 2026 | ||||
Prior: Q2 2026 Earnings Reported 8/4/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Annual Set Deployment | Reported | 10.00 Mil | 0 | Affirmed | Guidance: 10.00 Mil for 2026 | |||
| 2026 Revenue | Reported | 265.00 Mil | 267.00 Mil | 269.00 Mil | 0.8% | Raised | Guidance: 265.00 Mil for 2026 | |
| 2026 Revenue Growth | Reported | 12.0% | 13.0% | 14.0% | 1.0% | Raised | Guidance: 12.0% for 2026 | |
| 2026 Adjusted EBITDA | Reported | 25.00 Mil | 0 | Affirmed | Guidance: 25.00 Mil for 2026 | |||
| 2026 Free Cash Flow | Reported | 0 | Affirmed | Guidance: 0 for 2026 | ||||
Q1 2026 Earnings Reported 4/30/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Annual Set Deployment | Reported | 10.00 Mil | 0.0% | Affirmed | Guidance: 10.00 Mil for 2026 | |||
| 2026 Revenue | Reported | 263.00 Mil | 265.00 Mil | 267.00 Mil | 0.4% | Raised | Guidance: 264.00 Mil for 2026 | |
| 2026 Revenue Growth | Reported | 11.0% | 12.0% | 13.0% | 0.0% | Affirmed | Guidance: 12.0% for 2026 | |
| 2026 Adjusted EBITDA | Reported | 25.00 Mil | 0.0% | Affirmed | Guidance: 25.00 Mil for 2026 | |||
| 2026 Free Cash Flow | Reported | 0 | Affirmed | Guidance: 0 for 2026 | ||||
Q4 2025 Earnings Reported 2/26/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Annual Set Deployment | Reported | 10.00 Mil | -33.3% | Lower New | Actual: 15.00 Mil for 2025 | |||
| 2026 Revenue | Reported | 262.00 Mil | 264.00 Mil | 266.00 Mil | 12.8% | Higher New | Actual: 234.00 Mil for 2025 | |
| 2026 Revenue Growth | Reported | 11.0% | 12.0% | 13.0% | -2.5% | Lower New | Actual: 14.5% for 2025 | |
| 2026 Adjusted EBITDA | Reported | 25.00 Mil | 56.2% | Higher New | Actual: 16.00 Mil for 2025 | |||
| 2026 Free Cash Flow | Reported | 0 | ||||||
Insider Activity
Updated 9/11/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Pritzker, Jennifer N | See footnote | Sell | 9112026 | 21.01 | 302,369 | 6,352,773 | 130,299,062 | Form | |
| 2 | Pelizzon, David R | See footnote | Sell | 9102026 | 21.01 | 302,369 | 6,352,773 | 130,299,062 | Form | |
| 3 | Squadron, Capital Llc | Direct | Sell | 9042026 | 23.35 | 22,500 | 525,375 | 151,871,506 | Form | |
| 4 | Pritzker, Jennifer N | See footnote | Sell | 9042026 | 23.35 | 22,500 | 525,375 | 151,871,506 | Form | |
| 5 | Pelizzon, David R | See footnote | Sell | 9042026 | 23.35 | 22,500 | 525,375 | 151,871,506 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Pritzker, Jennifer N | See footnote | Sell | 9112026 | 21.01 | 302,369 | 6,352,773 | 130,299,062 | Form | |
| 2 | Pelizzon, David R | See footnote | Sell | 9102026 | 21.01 | 302,369 | 6,352,773 | 130,299,062 | Form | |
| 3 | Squadron, Capital Llc | Direct | Sell | 9042026 | 23.35 | 22,500 | 525,375 | 151,871,506 | Form | |
| 4 | Pritzker, Jennifer N | See footnote | Sell | 9042026 | 23.35 | 22,500 | 525,375 | 151,871,506 | Form | |
| 5 | Pelizzon, David R | See footnote | Sell | 9042026 | 23.35 | 22,500 | 525,375 | 151,871,506 | Form | |
| 6 | Squadron, Capital Llc | Direct | Sell | 9012026 | 23.10 | 10,131 | 234,026 | 150,765,222 | Form | |
| 7 | Pritzker, Jennifer N | See footnote | Sell | 9012026 | 23.10 | 10,131 | 234,026 | 150,765,222 | Form | |
| 8 | Pelizzon, David R | See footnote | Sell | 9012026 | 23.10 | 10,131 | 234,026 | 150,765,222 | Form | |
| 9 | Squadron, Capital Llc | Direct | Sell | 9012026 | 23.04 | 326,700 | 7,527,168 | 150,607,043 | Form | |
| 10 | Pritzker, Jennifer N | See footnote | Sell | 9012026 | 23.04 | 326,700 | 7,527,168 | 150,607,043 | Form | |
| 11 | Pelizzon, David R | See footnote | Sell | 9012026 | 23.04 | 326,700 | 7,527,168 | 150,607,043 | Form | |
| 12 | Pritzker, Jennifer N | See footnote | Sell | 8262026 | 24.28 | 18,000 | 437,040 | 166,644,906 | Form | |
| 13 | Squadron, Capital Llc | Direct | Sell | 8262026 | 24.28 | 18,000 | 437,040 | 166,644,906 | Form | |
| 14 | Pelizzon, David R | See footnote | Sell | 8262026 | 24.28 | 18,000 | 437,040 | 166,644,906 | Form | |
| 15 | Pritzker, Jennifer N | See footnote | Sell | 8262026 | 24.74 | 16,300 | 403,262 | 170,247,419 | Form | |
| 16 | Squadron, Capital Llc | Direct | Sell | 8262026 | 24.74 | 16,300 | 403,262 | 170,247,419 | Form | |
| 17 | Pelizzon, David R | See footnote | Sell | 8262026 | 24.74 | 16,300 | 403,262 | 170,247,419 | Form | |
| 18 | Pritzker, Jennifer N | See footnote | Sell | 8262026 | 25.75 | 4,000 | 103,000 | 177,617,423 | Form | |
| 19 | Squadron, Capital Llc | Direct | Sell | 8262026 | 25.75 | 4,000 | 103,000 | 177,617,423 | Form | |
| 20 | Pelizzon, David R | See footnote | Sell | 8262026 | 25.75 | 4,000 | 103,000 | 177,617,423 | Form | |
| 21 | Hauser, Joseph W | Pres. Trauma & Def. Correction | Direct | Sell | 3172026 | 17.25 | 8,596 | 148,281 | 3,359,731 | Form |
| 22 | Hite, Fred | COO and CFO | Direct | Sell | 3172026 | 17.25 | 12,993 | 224,129 | 4,786,478 | Form |
| 23 | Bailey, David R | President and CEO | Direct | Sell | 3172026 | 17.25 | 19,535 | 336,979 | 5,140,845 | Form |
| 24 | Odle, Gregory A | President of Scoliosis | Direct | Sell | 3172026 | 17.25 | 8,433 | 145,469 | 3,238,429 | Form |
| 25 | Gerritzen, Daniel J | General Counsel and Secretary | Direct | Sell | 3172026 | 17.25 | 8,614 | 148,592 | 2,579,444 | Form |
Industry Resources
| Health Care Resources |
| U.S. National Library of Medicine |
| ClinicalTrials.gov |
| Modern Healthcare |
| Healthcare Dive |
| Fierce Healthcare |
| Health Affairs |
| Health Data Management |
| FDA Tracker |
| Life Sciences Tools & Services Resources |
| GenomeWeb |
| BioSpace |
| The Scientist |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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