Orthopediatrics Corp (KIDS) has disclosed a new risk, in the Accounting & Financial Operations category.
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OrthoPediatrics Corp is facing a significant business risk due to the composition of its asset base, which includes a sizeable amount of goodwill, intangible assets, and fixed assets subject to impairment. The company needs to regularly assess the value of these assets, especially following recent acquisitions, to ensure they are not overvalued on its balance sheet. External factors such as declining market capitalization, competitive pressures, and technological shifts could necessitate impairment charges, as evidenced by the impairment charges recorded in the third quarters of 2023 and 2022. Such adjustments could materially affect OrthoPediatrics Corp’s financial stability and operational results.
The average KIDS stock price target is $39.20, implying 41.52% upside potential.
To learn more about Orthopediatrics Corp’s risk factors, click here.