Viveve Medical (VIVE) Receives “Buy” Rating from Mizuho

Viveve Medical (NASDAQ:VIVE)‘s stock had its “buy” rating reaffirmed by stock analysts at Mizuho in a research note issued to investors on Friday, January 5th. They presently have a $10.00 price objective on the stock. Mizuho’s price target would suggest a potential upside of 117.39% from the stock’s previous close.

VIVE has been the topic of a number of other reports. ValuEngine lowered shares of Viveve Medical from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st. Northland Securities initiated coverage on shares of Viveve Medical in a report on Friday, January 5th. They issued an “outperform” rating and a $8.00 price objective on the stock. Finally, Cowen set a $11.00 price objective on shares of Viveve Medical and gave the company a “buy” rating in a report on Monday, October 23rd. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $10.00.

Viveve Medical (NASDAQ VIVE) opened at $4.60 on Friday. The company has a debt-to-equity ratio of 2.72, a current ratio of 3.89 and a quick ratio of 3.63. Viveve Medical has a 1 year low of $3.75 and a 1 year high of $11.16. The company has a market cap of $89.36, a P/E ratio of -2.14 and a beta of -0.67.

Viveve Medical (NASDAQ:VIVE) last issued its quarterly earnings results on Wednesday, November 8th. The company reported ($0.50) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.42) by ($0.08). Viveve Medical had a negative net margin of 257.58% and a negative return on equity of 275.77%. The business had revenue of $4.07 million during the quarter, compared to analysts’ expectations of $4.10 million. During the same period in the prior year, the business earned ($0.46) EPS. The business’s quarterly revenue was up 120.1% on a year-over-year basis. equities research analysts forecast that Viveve Medical will post -2.05 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in VIVE. Schwab Charles Investment Management Inc. acquired a new stake in Viveve Medical during the 2nd quarter worth $189,000. Rhumbline Advisers acquired a new position in Viveve Medical in the second quarter valued at $110,000. Bank of New York Mellon Corp acquired a new position in Viveve Medical in the second quarter valued at $310,000. JPMorgan Chase & Co. acquired a new position in Viveve Medical in the second quarter valued at $151,000. Finally, Teachers Advisors LLC acquired a new position in Viveve Medical in the second quarter valued at $196,000. Hedge funds and other institutional investors own 66.89% of the company’s stock.

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About Viveve Medical

Viveve Medical, Inc designs, develops, manufactures and markets a medical device, Geneveve, for the non-invasive treatment of vaginal laxity, for improved sexual function, and for vaginal rejuvenation. The Company’s, Geneveve, is a non-invasive solution for vaginal laxity, which includes three components: the Viveve System (a radio frequency (RF), generator housed in a table-top console), a reusable handpiece and a single-use treatment tip, as well as several other consumable accessories.

Analyst Recommendations for Viveve Medical (NASDAQ:VIVE)

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