LeMaitre Vascular Inc (LMAT)
LeMaitre Vascular, Inc. is a leading provider of medical devices and implants specifically designed to treat peripheral vascular diseases, catering to a global market. Headquartered in Burlington, Massachusetts, the company focuses on innovation and quality in developing its products, which are essential for vascular surgeons and their patients. With a commitment to improving patient outcomes and a strong presence in the vascular surgery sector, LeMaitre Vascular positions itself as a trusted partner for healthcare providers worldwide.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 33.02% per annum.
- LMAT price at the close of October 14, 2025 was $87.38 and was lower than the bottom border of the primary price channel by $0.30 (0.34%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 14.31% per annum.
- LMAT price at the close of October 14, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of LMAT price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 19, 2022
End date: March 5, 2025
a = 3.2726
b = 0.0008
s = 0.1128
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0008) – 1
= 33.02%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1128) – 1
= 57.04%
January 19, 2022 calculations
Top border of price channel:
Exp(Y317)
= Exp(a + b × X317 + 2 × s)
= Exp(a + b × 461 + 2 × s)
= Exp(3.2726 + 0.0008 × 461 + 2 × 0.1128)
= Exp(3.8587)
= $47.40
Bottom border of price channel:
Exp(Y317)
= Exp(a + b × X317 – 2 × s)
= Exp(a + b × 461 – 2 × s)
= Exp(3.2726 + 0.0008 × 461 – 2 × 0.1128)
= Exp(3.4074)
= $30.19
March 5, 2025 calculations
Top border of price channel:
Exp(Y1,100)
= Exp(a + b × X1,100 + 2 × s)
= Exp(a + b × 1,602 + 2 × s)
= Exp(3.2726 + 0.0008 × 1,602 + 2 × 0.1128)
= Exp(4.7507)
= $115.67
Bottom border of price channel:
Exp(Y1,100)
= Exp(a + b × X1,100 – 2 × s)
= Exp(a + b × 1,602 – 2 × s)
= Exp(3.2726 + 0.0008 × 1,602 – 2 × 0.1128)
= Exp(4.2994)
= $73.65
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 33.02% per annum.
- LMAT price at the close of October 14, 2025 was $87.38 and was lower than the bottom border of the primary price channel by $0.30 (0.34%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: August 21, 2024
End date: August 5, 2025
a = 5.1563
b = -0.0004
s = 0.0676
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0004) – 1
= -14.31%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0676) – 1
= 31.05%
August 21, 2024 calculations
Top border of price channel:
Exp(Y967)
= Exp(a + b × X967 + 2 × s)
= Exp(a + b × 1,406 + 2 × s)
= Exp(5.1563 + -0.0004 × 1,406 + 2 × 0.0676)
= Exp(4.6967)
= $109.58
Bottom border of price channel:
Exp(Y967)
= Exp(a + b × X967 – 2 × s)
= Exp(a + b × 1,406 – 2 × s)
= Exp(5.1563 + -0.0004 × 1,406 – 2 × 0.0676)
= Exp(4.4263)
= $83.62
August 5, 2025 calculations
Top border of price channel:
Exp(Y1,205)
= Exp(a + b × X1,205 + 2 × s)
= Exp(a + b × 1,755 + 2 × s)
= Exp(5.1563 + -0.0004 × 1,755 + 2 × 0.0676)
= Exp(4.5490)
= $94.54
Bottom border of price channel:
Exp(Y1,205)
= Exp(a + b × X1,205 – 2 × s)
= Exp(a + b × 1,755 – 2 × s)
= Exp(5.1563 + -0.0004 × 1,755 – 2 × 0.0676)
= Exp(4.2786)
= $72.14
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 14.31% per annum.
- LMAT price at the close of October 14, 2025 was inside the secondary price channel.