Analogic (ALOG) Issues FY18 Earnings Guidance

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.

Analogic (NASDAQ:ALOG) last issued its quarterly earnings results on Wednesday, December 6th. The medical research company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.32. The business had revenue of $106.90 million for the quarter, compared to analyst estimates of $100.55 million. Analogic had a negative net margin of 15.06% and a positive return on equity of 5.09%. The business’s revenue was down 11.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 earnings per share. analysts expect that Analogic will post 2.86 EPS for the current fiscal year.

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%.

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About Analogic

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.

Earnings History and Estimates for Analogic (NASDAQ:ALOG)

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