Why LeMaitre (LMAT) Shares Are Sliding Today
Shares of medical device company LeMaitre Vascular (NASDAQ:LMAT) fell 12.2% in the afternoon session after the company reported weak first quarter 2025 results with a significant miss on full-year EPS guidance and underwhelming EPS guidance for next quarter. On the other hand, LeMaitre's full-year revenue guidance topped analysts' expectations and organic revenue outperform Wall Street's estimates. Still, this was a weaker quarter.
The shares closed the day at $78.85, down 12.6% from previous close.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy LeMaitre? Access our full analysis report here, it's free.
LeMaitre's shares are not very volatile and have only had 9 moves greater than 5% over the last year. Moves this big are rare for LeMaitre and indicate this news significantly impacted the market's perception of the business.
LeMaitre is down 14% since the beginning of the year, and at $78.70 per share, it is trading 27.1% below its 52-week high of $107.97 from November 2024. Investors who bought $1,000 worth of LeMaitre's shares 5 years ago would now be looking at an investment worth $3,113.
Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
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