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LeMaitre Vascular Inc (LMAT)

Upturn stock ratingUpturn stock rating
$85.16
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

04/01/2025: LMAT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 30.7%
Avg. Invested days 48
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.95B USD
Price to earnings Ratio 44.88
1Y Target Price 105.62
Price to earnings Ratio 44.88
1Y Target Price 105.62
Volume (30-day avg) 266884
Beta 0.88
52 Weeks Range 61.89 - 109.31
Updated Date 04/2/2025
52 Weeks Range 61.89 - 109.31
Updated Date 04/2/2025
Dividends yield (FY) 0.94%
Basic EPS (TTM) 1.93

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 20.03%
Operating Margin (TTM) 23.07%

Management Effectiveness

Return on Assets (TTM) 7.27%
Return on Equity (TTM) 13.87%

Valuation

Trailing PE 44.88
Forward PE 38.02
Enterprise Value 1807056015
Price to Sales(TTM) 8.89
Enterprise Value 1807056015
Price to Sales(TTM) 8.89
Enterprise Value to Revenue 8.22
Enterprise Value to EBITDA 27.07
Shares Outstanding 22558600
Shares Floating 20574825
Shares Outstanding 22558600
Shares Floating 20574825
Percent Insiders 8.86
Percent Institutions 95.6

Analyst Ratings

Rating 4.1
Target Price 98.78
Buy 3
Strong Buy 4
Buy 3
Strong Buy 4
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

LeMaitre Vascular Inc

stock logo

Company Overview

overview logo History and Background

LeMaitre Vascular Inc. was founded in 1983 and is headquartered in Burlington, Massachusetts. It began as a small business focused on manufacturing vascular grafts and has since expanded its product portfolio through internal development and acquisitions, establishing itself as a leader in the vascular surgery space.

business area logo Core Business Areas

  • Cardiovascular: LeMaitre designs, markets, and sells a range of medical devices used in cardiovascular surgeries. This includes grafts, valvulotomes, occlusion balloons, and other specialized instruments.

leadership logo Leadership and Structure

The leadership team includes George W. LeMaitre (Chairman & CEO). The company operates with a functional organizational structure, with departments focused on product development, sales, marketing, manufacturing, and regulatory affairs.

Top Products and Market Share

overview logo Key Offerings

  • XenoSure Graft: A biologically derived vascular graft. Competitors include W.L. Gore & Associates, Getinge AB, and Medtronic. No specific market share data available.
  • Valvulotomes: Instruments used to disrupt valves within veins in preparation for vein harvesting for bypass surgery. Competitors include Bard and Getinge AB. No specific market share data available.
  • Occlusion Balloons: Used in vascular procedures to temporarily block blood flow. Competitors include Cook Medical. No specific market share data available.

Market Dynamics

industry overview logo Industry Overview

The vascular surgery device market is driven by an aging population, increasing prevalence of vascular diseases, and technological advancements in minimally invasive surgical techniques. The market is competitive with larger players and niche specialists.

Positioning

LeMaitre Vascular Inc. occupies a strong position in the market due to its specialized product portfolio and focus on vascular surgery. Its competitive advantages include strong brand recognition within its niche, established distribution channels, and a commitment to innovation.

Total Addressable Market (TAM)

The global vascular surgery devices market is estimated to be valued at $8.95 Billion in 2024 and is expected to reach $13.82 Billion by 2032. LeMaitre Vascular Inc. is positioned to capture a portion of this expanding market through its specialized product offerings and ongoing innovation.

Upturn SWOT Analysis

Strengths

  • Specialized product portfolio
  • Strong brand recognition in vascular surgery
  • Established distribution channels
  • Commitment to innovation

Weaknesses

  • Smaller size compared to larger competitors
  • Reliance on specific surgical procedures
  • Limited product diversification outside vascular surgery

Opportunities

  • Expansion into emerging markets
  • Development of new products through R&D
  • Acquisitions of complementary businesses
  • Increased adoption of minimally invasive surgical techniques

Threats

  • Increased competition from larger medical device companies
  • Pricing pressures from healthcare providers
  • Regulatory changes in the medical device industry
  • Economic downturns affecting healthcare spending

Competitors and Market Share

competitor logo Key Competitors

  • W.L. Gore & Associates (Private)
  • Medtronic (MDT)
  • Getinge AB (GETI-B.ST)
  • Cook Medical (Private)

Competitive Landscape

LeMaitre Vascular Inc. faces competition from larger medical device companies with greater resources. Its advantages include a focused product portfolio, strong brand reputation, and established distribution network. Disadvantages include smaller size and limited product diversification.

Major Acquisitions

Prolucent Medical

  • Year: 2023
  • Acquisition Price (USD millions): 17
  • Strategic Rationale: Expanded LeMaitre's product portfolio in the vascular access space.

Growth Trajectory and Initiatives

Historical Growth: Consult financial data or company press releases for information regarding past growth trends.

Future Projections: Future growth projections should be sourced from analyst reports and financial forecasts.

Recent Initiatives: Consult press releases for recent product launches and marketing plans.

Summary

LeMaitre Vascular is a relatively small but specialized company in the vascular surgery device market. It benefits from a strong brand and focused product line, but faces challenges from larger, more diversified competitors. Strategic acquisitions and expansion into new markets could drive future growth, but regulatory and economic factors pose ongoing risks.

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Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Analyst Reports
  • Industry Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is approximate and based on available information. Please consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About LeMaitre Vascular Inc

Exchange NASDAQ
Headquaters Burlington, MA, United States
IPO Launch date 2006-10-19
Chairman & CEO Mr. George W. LeMaitre
Sector Healthcare
Industry Medical Instruments & Supplies
Full time employees 651
Full time employees 651

LeMaitre Vascular, Inc. develops, manufactures, and markets medical devices and implants used in the field of vascular surgery in the Americas, Europe, the Middle Esat, Africa, and the Asia Pacific. The company offers allografts, which are cryopreserved human tissue grafts used in vascular reconstruction, and cardiac repair and reconstruction; embolectomy catheters to remove blood clots from arteries; thrombectomy catheters for removing thrombi in the venous system; occlusion catheters that temporarily occlude blood flow; and perfusion catheters to perfuse the blood and other fluids into the vasculature, as well as human cadaver tissue cryopreservation services. It also provides a suite of biologic products comprising artegraft biologic graft, a bovine carotid artery used for dialysis access; XenoSure biologic patches used for vessel closure after surgical intervention; VascuCel and CardioCel biologic patches, used in vessel repair, heart repair and reconstruction, and neonatal repairs; cardiovascular and porcine patches; carotid shunts that temporarily shunt the blood to the brain; biosynthetic vascular grafts indicated for lower extremity bypass and dialysis access; phlebectomy system for resection and ablation of varicose veins; LifeSpan vascular grafts, which are expanded polytetrafluoroethylene grafts; and vascular grafts used to bypass or replace diseased arteries. In addition, the company offers radiopaque tape, a medical-grade tape; 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.

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