NASDAQ:LMAT

LeMaitre Vascular (LMAT) Stock Price, News & Analysis

$74.98
-0.92 (-1.21%)
(As of 03:51 PM ET)
Today's Range
$74.39
$75.78
50-Day Range
$62.62
$75.90
52-Week Range
$44.27
$76.24
Volume
83,850 shs
Average Volume
122,323 shs
Market Capitalization
$1.68 billion
P/E Ratio
49.66
Dividend Yield
0.85%
Price Target
$73.83

LeMaitre Vascular MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
1.5% Downside
$73.83 Price Target
Short Interest
Bearish
4.25% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.53mentions of LeMaitre Vascular in the last 14 days
Based on 33 Articles This Week
Insider Trading
Selling Shares
$7.87 M Sold Last Quarter
Proj. Earnings Growth
4.52%
From $1.77 to $1.85 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.47 out of 5 stars

Medical Sector

448th out of 905 stocks

Surgical & Medical Instruments Industry

56th out of 95 stocks

LMAT stock logo

About LeMaitre Vascular Stock (NASDAQ:LMAT)

LeMaitre Vascular, Inc. develops, manufactures, and markets medical devices and implants used in the field of vascular surgery worldwide. It offers human cadaver tissue cryopreservation services; angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries; thrombectomy catheters for removing thrombi in the venous system; occlusion catheters that temporarily occlude the blood flow; and perfusion catheters to perfuse the blood and other fluids into the vasculature. The company also provides artegraft biologic graft, a bovine carotid artery used for dialysis access; XenoSure biologic patches, used for closure of vessels after surgical intervention; VascuCel and CardioCel biologic patches, used in vessel repair, heart repair and reconstruction, and neonatal repairs; cardiovascular patches; carotid shunts that temporarily shunt the blood to the brain during the removal of plaque in a carotid endarterectomy surgery; biosynthetic vascular graft indicated for lower extremity bypass and dialysis access; and vascular grafts used to bypass or replace diseased arteries. In addition, it offers radiopaque tape, a medical-grade tape applied to the skin that enables surgeons and interventionalists to cross-refer between the inside and the outside of a patient's body and allows them to locate tributaries or lesions beneath the skin. Further, the company provides valvulotomes, which cut or disrupt valves in the saphenous vein to function as an artery to carry blood past diseased arteries to the lower leg or the foot; and closure systems to attach vessels to one another with titanium clips instead of sutures. It markets its products through a direct sales force and distributors. The company was formerly known as Vascutech, Inc. and changed its name to LeMaitre Vascular, Inc. in April 2001. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.

LMAT Stock Price History

LMAT Stock News Headlines

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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
KeyBanc Keeps Their Hold Rating on Lemaitre Vascular (LMAT)
LeMaitre Q1 2024 Financial Results
LeMaitre Vascular, Inc. (LMAT)
See More Headlines
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Company Calendar

Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Last Earnings
5/02/2024
Today
5/08/2024
Ex-Dividend for 5/30 Dividend
5/15/2024
Dividend Payable
5/30/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:LMAT
Employees
614
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$73.83
High Stock Price Target
$79.00
Low Stock Price Target
$67.00
Potential Upside/Downside
-2.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$30.10 million
Pretax Margin
22.14%

Debt

Sales & Book Value

Annual Sales
$199.89 million
Cash Flow
$1.83 per share
Book Value
$13.38 per share

Miscellaneous

Free Float
20,024,000
Market Cap
$1.70 billion
Optionable
Optionable
Beta
0.88

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LMAT Stock Analysis - Frequently Asked Questions

Should I buy or sell LeMaitre Vascular stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for LeMaitre Vascular in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LMAT shares.
View LMAT analyst ratings
or view top-rated stocks.

What is LeMaitre Vascular's stock price target for 2024?

7 brokerages have issued 1 year price targets for LeMaitre Vascular's shares. Their LMAT share price targets range from $67.00 to $79.00. On average, they expect the company's share price to reach $73.83 in the next twelve months. This suggests that the stock has a possible downside of 1.5%.
View analysts price targets for LMAT
or view top-rated stocks among Wall Street analysts.

How have LMAT shares performed in 2024?

LeMaitre Vascular's stock was trading at $56.76 on January 1st, 2024. Since then, LMAT shares have increased by 32.1% and is now trading at $74.98.
View the best growth stocks for 2024 here
.

When is LeMaitre Vascular's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our LMAT earnings forecast
.

How were LeMaitre Vascular's earnings last quarter?

LeMaitre Vascular, Inc. (NASDAQ:LMAT) released its quarterly earnings results on Thursday, May, 2nd. The medical instruments supplier reported $0.44 EPS for the quarter, beating the consensus estimate of $0.39 by $0.05. The medical instruments supplier earned $53.48 million during the quarter, compared to analysts' expectations of $51.50 million. LeMaitre Vascular had a trailing twelve-month return on equity of 11.57% and a net margin of 16.99%. The firm's revenue was up 13.6% compared to the same quarter last year. During the same period last year, the firm earned $0.27 EPS.

How often does LeMaitre Vascular pay dividends? What is the dividend yield for LeMaitre Vascular?

LeMaitre Vascular declared a quarterly dividend on Tuesday, April 30th. Investors of record on Thursday, May 16th will be given a dividend of $0.16 per share on Thursday, May 30th. This represents a $0.64 annualized dividend and a yield of 0.85%. The ex-dividend date is Wednesday, May 15th.
Read our dividend analysis for LMAT
.

Is LeMaitre Vascular a good dividend stock?

LeMaitre Vascular (NASDAQ:LMAT) pays an annual dividend of $0.64 per share and currently has a dividend yield of 0.96%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LMAT will have a dividend payout ratio of 34.59% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LMAT.

What guidance has LeMaitre Vascular issued on next quarter's earnings?

LeMaitre Vascular issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of 0.450-0.500 for the period, compared to the consensus EPS estimate of 0.440. The company issued revenue guidance of $53.7 million-$56.1 million, compared to the consensus revenue estimate of $54.3 million.

What is George W. LeMaitre's approval rating as LeMaitre Vascular's CEO?

13 employees have rated LeMaitre Vascular Chief Executive Officer George W. LeMaitre on Glassdoor.com. George W. LeMaitre has an approval rating of 33% among the company's employees. This puts George W. LeMaitre in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of LeMaitre Vascular own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LeMaitre Vascular investors own include AbbVie (ABBV), Sociedad Química y Minera de Chile (SQM), Gilead Sciences (GILD), Aurora Cannabis (ACBFF), NVIDIA (NVDA), Adobe (ADBE), Boeing (BA) and Salesforce (CRM).

Who are LeMaitre Vascular's major shareholders?

LeMaitre Vascular's stock is owned by many different retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (8.61%), Geneva Capital Management LLC (4.01%), Congress Asset Management Co. MA (2.99%), Russell Investments Group Ltd. (1.27%), Rice Hall James & Associates LLC (1.04%) and Mesirow Institutional Investment Management Inc. (0.63%). Insiders that own company stock include Bridget A Ross, David B Roberts, George W Lemaitre, John A Roush, Joseph P Pellegrino Jr, Lawrence J Jasinski and Trent G Kamke.
View institutional ownership trends
.

How do I buy shares of LeMaitre Vascular?

Shares of LMAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does LeMaitre Vascular have any subsidiaries?
The following companies are subsidiares of LeMaitre Vascular: Artegraft, Bio Nova Holdings Pty Ltd, Bio Nova International Pty Ltd, Biomateriali, CardioCel, Clinical Instruments, Credent, Endomed, Ideas for Medicine, Inavein, LeMaitre Acquisition LLC, LeMaitre Cardial SAS, LeMaitre Medical Technology (Shanghai) Co., LeMaitre Vascular, LeMaitre Vascular AS, LeMaitre Vascular GK, LeMaitre Vascular GmbH, LeMaitre Vascular Pty Ltd, LeMaitre Vascular S.r.l., LeMaitre Vascular SAS, LeMaitre Vascular Singapore Pte Ltd, LeMaitre Vascular Spain, LeMaitre Vascular Switzerland GmbH, LeMaitre Vascular ULC, LifeSpan, PeriVu, ProCol, Restore Flow Allografts, RestoreFlow, Syntel and Python, TRIVEX, Tru-Incise (Eze-Sit) OUS, Tru-Incise (Eze-Sit) US, UnBalloon, VCS Clip, VascuCel, Vascular Architects, Vascular Innovations, Vascutech Acquisition LLC, Vermed, Whittaker Screen Printing, XenoSure, and Xenotis Pty Ltd.
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This page (NASDAQ:LMAT) was last updated on 5/8/2024 by MarketBeat.com Staff

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