Analogic (NASDAQ:ALOG) updated its FY18 earnings guidance on Wednesday. The company provided EPS guidance of $2.75-2.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.81. The company issued revenue guidance of $450-460 million, compared to the consensus revenue estimate of $452.00 million.
Several research firms have recently issued reports on ALOG. Jefferies Group reaffirmed a hold rating and set a $80.00 price objective on shares of Analogic in a research report on Friday, December 8th. Zacks Investment Research raised shares of Analogic from a hold rating to a buy rating and set a $97.00 price objective for the company in a research report on Friday, December 8th. Finally, BidaskClub lowered shares of Analogic from a hold rating to a sell rating in a research note on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $88.33.
Analogic (NASDAQ ALOG) traded down $1.80 during midday trading on Friday, reaching $83.75. 54,596 shares of the company’s stock were exchanged, compared to its average volume of 84,009. Analogic has a one year low of $66.00 and a one year high of $89.50. The firm has a market capitalization of $1,068.07, a price-to-earnings ratio of -14.64, a PEG ratio of 4.27 and a beta of 0.86.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date was Thursday, December 14th. Analogic’s dividend payout ratio is currently -6.99%.
COPYRIGHT VIOLATION WARNING: This news story was first published by Week Herald and is the property of of Week Herald. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and international copyright and trademark law. The legal version of this news story can be viewed at https://weekherald.com/2017/12/30/analogic-alog-updates-fy18-earnings-guidance.html.
Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies. The Company operates through three segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.
Receive News & Ratings for Analogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Analogic and related companies with MarketBeat.com's FREE daily email newsletter.