Hanger
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Hanger's revenues will increase 7.9% and EPS will expand 3.7%.
The average estimate for revenue is $267.7 million. On the bottom line, the average EPS estimate is $0.56.
Revenue details
Last quarter, Hanger recorded revenue of $243.5 million. GAAP reported sales were 3.5% higher than the prior-year quarter's $235.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.50. GAAP EPS of $0.50 for Q3 were 11% higher than the prior-year quarter's $0.45 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 35.4%, 20 basis points worse than the prior-year quarter. Operating margin was 14.5%, 110 basis points better than the prior-year quarter. Net margin was 7.1%, 50 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $981.0 million. The average EPS estimate is $1.78.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 104 members out of 110 rating the stock outperform, and six members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give Hanger a green thumbs-up, and one give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hanger is buy, with an average price target of $31.80.
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