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NYSE: AVNS
Avanos Medical Inc Stock Forecast, Predictions & Price Target

Analyst price target for AVNS

Based on 3 analysts offering 12 month price targets for Avanos Medical Inc.
Min Forecast
$26.00-17.7%
Avg Forecast
$29.33-7.14%
Max Forecast
$34.00+7.63%

Should I buy or sell AVNS stock?

Based on 3 analysts offering ratings for Avanos Medical Inc.
Hold
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
1 analysts 33.33%

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AVNS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Morgan Stanley
Bottom 7%
7
Strong SellMaintains$26.00-17.70%2023-01-06
KeyBanc
Top 34%
67
Strong BuyMaintains$34.00+7.63%2022-11-03
Stifel Nicolaus
Top 4%
97
HoldMaintains$28.00-11.36%2022-07-18
Anonymous
Morgan Stanley
Strong SellMaintains$33.00+4.46%2022-05-05

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Forecast return on equity

Is AVNS forecast to generate an efficient return?
Company
7.91%
Industry
16.12%
Market
47.84%
AVNS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AVNS forecast to generate an efficient return on assets?
Company
5.63%
Industry
10.43%
AVNS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AVNS earnings per share forecast

What is AVNS's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.88+106.59%
Avg 2 year Forecast
$2.15+136.26%
AVNS's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

AVNS revenue forecast

What is AVNS's revenue in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$870.1M+9.32%
Avg 2 year Forecast
$917.0M+15.21%
AVNS's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AVNS earnings growth forecast

How is AVNS forecast to perform vs Medical Devices companies and vs the US market?
Company
106.59%
Industry
91.81%
Market
84.98%
AVNS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AVNS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AVNS's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AVNS revenue growth forecast

How is AVNS forecast to perform vs Medical Devices companies and vs the US market?
Company
9.32%
Industry
10.68%
Market
70.63%
AVNS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AVNS's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AVNS vs Medical Device Stocks

TickerPricePrice TargetUp/downsideConsensus
AVNS$31.59$29.33-7.14%Hold
ATEC$13.48$15.64+16.05%Strong Buy
OM$29.22$31.83+8.94%Buy
NVRO$39.79$53.43+34.28%Hold
TMCI$24.47$27.67+13.06%Strong Buy

Avanos Medical Stock Forecast FAQ

Is Avanos Medical Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: AVNS) stock is to Hold AVNS stock.

Out of 3 analysts, 1 (33.33%) are recommending AVNS as a Strong Buy, 0 (0%) are recommending AVNS as a Buy, 1 (33.33%) are recommending AVNS as a Hold, 0 (0%) are recommending AVNS as a Sell, and 1 (33.33%) are recommending AVNS as a Strong Sell.

If you're new to stock investing, here's how to buy Avanos Medical stock.

What is AVNS's earnings growth forecast for 2023-2024?

(NYSE: AVNS) Avanos Medical's forecast annual earnings growth rate of 106.59% is forecast to beat the US Medical Devices industry's average forecast earnings growth rate of 91.81%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 84.98%.

Avanos Medical's earnings in 2023 is $42,900,000.On average, 5 Wall Street analysts forecast AVNS's earnings for 2023 to be $87,415,503, with the lowest AVNS earnings forecast at $74,861,149, and the highest AVNS earnings forecast at $101,364,785.

In 2024, AVNS is forecast to generate $99,969,857 in earnings, with the lowest earnings forecast at $90,205,360 and the highest earnings forecast at $106,479,522.

What is AVNS's revenue growth forecast for 2023-2024?

(NYSE: AVNS) Avanos Medical's forecast annual revenue growth rate of 9.32% is not forecast to beat the US Medical Devices industry's average forecast revenue growth rate of 10.68%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 70.63%.

Avanos Medical's revenue in 2023 is $795,900,000.On average, 4 Wall Street analysts forecast AVNS's revenue for 2023 to be $40,458,312,683, with the lowest AVNS revenue forecast at $39,794,698,821, and the highest AVNS revenue forecast at $41,276,856,574.

In 2024, AVNS is forecast to generate $42,637,795,062 in revenue, with the lowest revenue forecast at $42,059,364,819 and the highest revenue forecast at $43,508,276,782.

What is AVNS's forecast return on assets (ROA) for 2023-2024?

(NYSE: AVNS) forecast ROA is 5.63%, which is lower than the forecast US Medical Devices industry average of 10.43%.

What is AVNS's Price Target?

According to 3 Wall Street analysts that have issued a 1 year AVNS price target, the average AVNS price target is $29.33, with the highest AVNS stock price forecast at $34.00 and the lowest AVNS stock price forecast at $26.00.

On average, Wall Street analysts predict that Avanos Medical's share price could fall to $29.33 by Jan 6, 2024. The average Avanos Medical stock price prediction forecasts a potential downside of 7.14% from the current AVNS share price of $31.59.

What is AVNS's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: AVNS) Avanos Medical's current Earnings Per Share (EPS) is $0.91. On average, analysts forecast that AVNS's EPS will be $1.88 for 2023, with the lowest EPS forecast at $1.61, and the highest EPS forecast at $2.18. In 2024, AVNS's EPS is forecast to hit $2.15 (min: $1.94, max: $2.29).

What is AVNS's forecast return on equity (ROE) for 2023-2024?

(NYSE: AVNS) forecast ROE is 7.91%, which is considered weak.
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