Brokerages Set InfuSystem Holdings, Inc. (NYSE:INFU) Target Price at $14.50

InfuSystem Holdings, Inc. (NYSE:INFU) has been assigned a consensus rating of “Buy” from the five research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $14.50.

Several research analysts recently commented on INFU shares. Zacks Research downgraded InfuSystem from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Roth Mkm reiterated a “buy” rating and issued a $14.00 target price (up from $13.00) on shares of InfuSystem in a research report on Tuesday, November 4th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. CWM LLC boosted its holdings in shares of InfuSystem by 1,160.1% during the 2nd quarter. CWM LLC now owns 4,826 shares of the company’s stock worth $30,000 after purchasing an additional 4,443 shares during the last quarter. Raymond James Financial Inc. acquired a new position in InfuSystem during the second quarter worth $33,000. Williams & Novak LLC purchased a new stake in InfuSystem in the 2nd quarter valued at $77,000. GK Wealth Management LLC purchased a new stake in InfuSystem in the 4th quarter valued at $95,000. Finally, Jane Street Group LLC acquired a new stake in shares of InfuSystem in the 1st quarter worth $96,000. 71.13% of the stock is owned by hedge funds and other institutional investors.

InfuSystem Price Performance

NYSE:INFU opened at $8.65 on Friday. The firm has a market cap of $175.91 million, a P/E ratio of 144.19 and a beta of 1.68. The stock has a 50 day moving average of $9.04 and a two-hundred day moving average of $8.98. InfuSystem has a 12 month low of $4.61 and a 12 month high of $11.04. The company has a current ratio of 1.98, a quick ratio of 1.59 and a debt-to-equity ratio of 0.50.

About InfuSystem

InfuSystem Holdings Inc is a medical technology company that specializes in the rental, management and servicing of infusion pumps and associated devices used primarily for outpatient infusion therapy. The company provides a comprehensive suite of services that includes equipment delivery, setup and retrieval, preventive and corrective maintenance, reprocessing and quality assurance. InfuSystem’s offerings are designed to help hospitals, ambulatory surgery centers, oncology clinics and private infusion suites streamline clinical operations and maintain compliance with safety standards.

In addition to pump rental and repair services, InfuSystem has expanded into remote patient monitoring solutions.