Hanger Orthopedic (HGR) Updates FY13 Earnings Guidance
Hanger Orthopedic (NYSE: HGR) updated its FY13 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $2.02-2.09 for the period, compared to the Thomson Reuters consensus estimate of $2.05.
Hanger Orthopedic (NYSE: HGR) traded down 1.87% on Monday, hitting $31.04. Hanger Orthopedic has a 1-year low of $20.43 and a 1-year high of $31.95. The stock’s 50-day moving average is currently $29.69. The company has a market cap of $1.069 billion and a price-to-earnings ratio of 17.19.
Hanger Orthopedic (NYSE: HGR) last announced its earnings results on Wednesday, February 13th. The company reported $0.62 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.56 by $0.06. The company had revenue of $272.20 million for the quarter, compared to the consensus estimate of $265.55 million. During the same quarter last year, the company posted $0.50 earnings per share. Hanger Orthopedic’s revenue was up 9.7% compared to the same quarter last year. Hanger Orthopedic has set its FY13 guidance at $2.02-2.09 EPS. On average, analysts predict that Hanger Orthopedic will post $2.05 earnings per share for the current fiscal year.
On a related note, analysts at Zacks reiterated a neutral rating on shares of Hanger Orthopedic in a research note to investors on Friday, January 11th. They now have a $30.00 price target on the stock.
Hanger Orthopedic Group, Inc. owns and operates orthotic and prosthetic (O&P) patient-care centers (patient -care centers) in the United States.
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