Hi Tech Pharmacal
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Hi Tech Pharmacal's revenues will grow 8.7% and EPS will decrease -10.1%.
The average estimate for revenue is $60.5 million. On the bottom line, the average EPS estimate is $0.71.
Last quarter, Hi Tech Pharmacal tallied revenue of $57.5 million. GAAP reported sales were 1.2% higher than the prior-year quarter's $56.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.66. GAAP EPS of $0.66 for Q2 were 37% lower than the prior-year quarter's $1.04 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 51.4%, 730 basis points worse than the prior-year quarter. Operating margin was 22.6%, much worse than the prior-year quarter. Net margin was 15.5%, 870 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $235.1 million. The average EPS estimate is $2.62.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 204 members out of 219 rating the stock outperform, and 15 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Hi Tech Pharmacal a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hi Tech Pharmacal is outperform, with an average price target of $36.83.
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