Gearing Up For Earnings, What’s in Store For SeaSpine Holdings Corporation (:SPNE)

Earnings is just around the corner for SeaSpine Holdings Corporation (:SPNE) as the firm is slated to issue their report on 1/9/2017 4:30:00 PM.  The firm has most recently posted quarter over quarter growth of 34.00% and sales growth of -3.10% quarter over quarter.

In terms of the trend lines, SeaSpine Holdings Corporation (:SPNE) shares are currently -53.72% off of their 52-week high and 17.72% off from the 52-week low point.  The stock is -27.09% from the 200-day moving average and -2.98% from the 50-day average.  The Relative Strength Index for the stock stands at 48.41.

Increased volatility should be expected heading into and immediately after the SeaSpine Holdings Corporation (:SPNE) earnings report.  According to the most recent data, the average true range stands at 0.45 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 7.75% and 5.73% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.50.  

Potential Upside

So is there any potential upside for the stock if SeaSpine Holdings Corporation is able to meet or beat earnings?  Analysts, on a consensus basis have a $22.00 on the stock, compared to a recent bid of $7.53.  The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  

Ownership

Heading into the earnings report, 1.30% shares are held by company insiders.  On the institutional front, 64.50% of SeaSpine Holdings Corporation (:SPNE) are owned by firms or funds.  Over the past few months, insider transactions have trended 23.81% while institutions saw a change of 0.08% in company stock. 

Performance

Year to date, SeaSpine Holdings Corporation (:SPNE) holders have seen returns of -9.37%.  Over the past month the stock moved -1.92% and most recently shares over the past five trading days have moved -8.56%.

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