Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate LeMaitre Vascular Inc before investing.

In this article, we go over a few key elements for understanding LeMaitre Vascular Inc’s stock price such as:

• LeMaitre Vascular Inc’s current stock price and volume
• Why LeMaitre Vascular Inc’s stock price changed recently
• Upgrades and downgrades for LMAT from analysts
• LMAT’s stock price momentum as measured by its relative strength

About LeMaitre Vascular Inc (LMAT)

Before we jump into LeMaitre Vascular Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

LeMaitre Vascular, Inc. is a provider of devices, implants, and services for the treatment of peripheral vascular disease. The Company develops, manufactures, and markets disposable and implantable vascular devices to address the needs of its core customer, the vascular surgeon. Its portfolio of product lines is primarily used to treat vascular disease, of which most are used in open vascular surgery and dialysis access. It also offers human vascular and cardiac tissue cryopreservation services. Its principal product lines include anastomotic clips, biologic vascular and dialysis grafts, biologic vascular and cardiac patches, carotid shunts, embolectomy catheters, occlusion catheters, radiopaque marking tape, synthetic vascular and dialysis grafts, and valvulotomes. The Company’s principal biologic offerings include vascular and cardiac patches as well as vascular and dialysis grafts. The Company sells its products and services primarily through a direct sales force.

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LeMaitre Vascular Inc’s Stock Price as of Market Close

As of August 23, 2024, 4:00 PM, CST, LeMaitre Vascular Inc’s stock price was $91.67.

LeMaitre Vascular Inc is up 6.38% from its previous closing price of $86.17.

During the last market session, LeMaitre Vascular Inc’s stock traded between $85.60 and $87.32. Currently, there are 22.46 million shares of LeMaitre Vascular Inc stock available for purchase.

LeMaitre Vascular Inc’s price-earnings (P/E) ratio is currently at 51.6, which is high compared to the Advanced Medical Equipment & Technology industry median of 32.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

LeMaitre Vascular Inc Stock Price History

LeMaitre Vascular Inc’s (LMAT) price is currently up 5.5% so far this month.

During the month of August, LeMaitre Vascular Inc’s stock price has reached a high of $91.78 and a low of $78.79.

Over the last year, LeMaitre Vascular Inc has hit prices as high as $91.76 and as low as $44.27. Year to date, LeMaitre Vascular Inc’s stock is up 99.2%.

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What Caused LeMaitre Vascular Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 22, 2024, there was 1 analyst who downgraded LeMaitre Vascular Inc’s stock and 6 analysts who upgraded over the last month.

Additionally, you'll want to evaluate LeMaitre Vascular Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on LeMaitre Vascular Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

LeMaitre Vascular Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about LeMaitre Vascular Inc (LMAT) by visiting AAII Stock Evaluator.

Relative Price Strength of LeMaitre Vascular Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 22, 2024, LeMaitre Vascular Inc has a weighted four-quarter relative price strength of 4.88%, which translates to a Momentum Score of 81 and is considered to be Very Strong.

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LeMaitre Vascular Inc Stock Price: Bottom Line

As of August 23, 2024, LeMaitre Vascular Inc’s stock price is $91.67, which is up 6.38% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like LeMaitre Vascular Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.