Wright Medical Group
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Wright Medical Group's revenues will drop -0.5% and EPS will shrink to a loss.
The average estimate for revenue is $122.6 million. On the bottom line, the average EPS estimate is -$0.13.
Last quarter, Wright Medical Group reported revenue of $120.4 million. GAAP reported sales were 5.0% lower than the prior-year quarter's $126.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
Last quarter, non-GAAP EPS came in at -$0.02. GAAP EPS of $0.20 for Q1 were 67% higher than the prior-year quarter's $0.12 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.
For the preceding quarter, gross margin was 68.2%, 270 basis points worse than the prior-year quarter. Operating margin was -3.0%, much worse than the prior-year quarter. Net margin was 7.0%, 340 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $490.5 million. The average EPS estimate is -$0.28.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 46 members out of 64 rating the stock outperform, and 18 members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Wright Medical Group a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wright Medical Group is outperform, with an average price target of $25.18.
Is Wright Medical Group the best health care stock for you? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average health care logistics company. Click here for instant access to this free report.
- Add Wright Medical Group to My Watchlist.