Northland Securities initiated coverage on shares of Viveve Medical (NASDAQ:VIVE) in a research report report published on Friday, MarketBeat.com reports. The brokerage issued an outperform rating and a $8.00 price objective on the stock.

Several other research analysts also recently commented on the stock. ValuEngine downgraded shares of Viveve Medical from a sell rating to a strong sell rating in a research note on Friday, December 1st. Mizuho started coverage on shares of Viveve Medical in a research note on Thursday, November 16th. They set a buy rating and a $10.00 price target on the stock. Finally, Cowen set a $11.00 price target on shares of Viveve Medical and gave the stock a buy rating in a research note on Monday, October 23rd. One equities research analyst has rated the stock with a sell rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $10.00.

Shares of Viveve Medical (NASDAQ:VIVE) traded down $0.01 on Friday, reaching $4.96. 123,600 shares of the company were exchanged, compared to its average volume of 134,600. The stock has a market capitalization of $96.36, a P/E ratio of -2.30 and a beta of -0.66. 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.

Viveve Medical (NASDAQ:VIVE) last announced its earnings results on Wednesday, November 8th. The company reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.42) by ($0.08). The company had revenue of $4.07 million during the quarter, compared to analysts’ expectations of $4.10 million. Viveve Medical had a negative net margin of 257.58% and a negative return on equity of 275.77%. The company’s revenue for the quarter was up 120.1% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.46) earnings per share. research analysts anticipate that Viveve Medical will post -2.04 EPS for the current year.

Several institutional investors have recently modified their holdings of the company. Neuberger Berman Group LLC bought a new position in shares of Viveve Medical in the third quarter worth approximately $419,000. Granahan Investment Management Inc. MA grew its holdings in shares of Viveve Medical by 32.6% in the third quarter. Granahan Investment Management Inc. MA now owns 102,147 shares of the company’s stock worth $535,000 after purchasing an additional 25,097 shares during the last quarter. RTW Investments LP grew its holdings in shares of Viveve Medical by 18.8% in the third quarter. RTW Investments LP now owns 1,473,028 shares of the company’s stock worth $7,719,000 after purchasing an additional 233,585 shares during the last quarter. ING Groep NV grew its holdings in shares of Viveve Medical by 93.7% in the third quarter. ING Groep NV now owns 325,000 shares of the company’s stock worth $1,703,000 after purchasing an additional 157,200 shares during the last quarter. Finally, California State Teachers Retirement System bought a new position in shares of Viveve Medical in the second quarter worth approximately $190,000. Hedge funds and other institutional investors own 66.90% 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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