Analysts See $-0.08 EPS for Wright Medical Group (WMGI); Formula Systems 1985 Limited Adr (FORTY) SI Increased By 1300%

June 29, 2017 - By Clifton Ray

Analysts expect Wright Medical Group Inc (NASDAQ:WMGI) to report $-0.08 EPS on August, 1.They anticipate $0.10 EPS change or 55.56% from last quarter’s $-0.18 EPS. After having $-0.09 EPS previously, Wright Medical Group Inc’s analysts see -11.11% EPS growth. About 309,789 shares traded. Wright Medical Group Inc (NASDAQ:WMGI) has risen 49.62% since June 29, 2016 and is uptrending. It has outperformed by 32.92% the S&P500.

Formula Systems 1985 Limited Adr (NASDAQ:FORTY) had an increase of 1300% in short interest. FORTY’s SI was 1,400 shares in June as released by FINRA. Its up 1300% from 100 shares previously. With 600 avg volume, 2 days are for Formula Systems 1985 Limited Adr (NASDAQ:FORTY)’s short sellers to cover FORTY’s short positions. The SI to Formula Systems 1985 Limited Adr’s float is 0.02%. It is 0.00% or $0 reaching $37.42 per share. It is down 18.21% since June 29, 2016 and is uptrending. It has outperformed by 1.51% the S&P500.

Formula Systems Ltd. (Formula) is a global information technology (IT) solutions and services holding company. The company has market cap of $504.87 million. The Company, through its directly held subsidiary and affiliated companies, is engaged in providing software solutions and services, software product marketing and support, computer infrastructure and integration solutions, and learning and integration. It has a 31.32 P/E ratio. The Firm operates through two divisions: software services and IT professional services.

Wright Medical Group, Inc. is a global specialty orthopaedic company. The company has market cap of $1.42 billion. The Firm through Wright Medical Technology, Inc. and other subsidiaries provides extremity and biologic solutions that enable clinicians to alleviate pain and restore the patients’ lifestyles. It currently has negative earnings. The Firm operates through three divisions: U.S., International and BioMimetic.

Among 15 analysts covering Wright Medical Group (NASDAQ:WMGI), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Wright Medical Group had 21 analyst reports since August 20, 2015 according to SRatingsIntel. The firm has “Buy” rating by Bank of America given on Monday, April 11. The stock of Wright Medical Group Inc (NASDAQ:WMGI) has “Hold” rating given on Wednesday, September 2 by Piper Jaffray. As per Monday, November 30, the company rating was upgraded by Jefferies. As per Thursday, August 20, the company rating was maintained by Needham. The stock has “Neutral” rating by Guggenheim on Tuesday, January 3. The rating was upgraded by JP Morgan to “Overweight” on Wednesday, July 13. The stock of Wright Medical Group Inc (NASDAQ:WMGI) has “Buy” rating given on Tuesday, September 22 by UBS. The firm has “Buy” rating by Brean Capital given on Thursday, September 3. The stock of Wright Medical Group Inc (NASDAQ:WMGI) earned “Hold” rating by Needham on Wednesday, February 15. The rating was upgraded by Northcoast on Tuesday, March 21 to “Buy”.