Q2 2018 EPS Estimates for Hanger Inc (HNGR) Lowered by Analyst

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Hanger Inc (OTCMKTS:HNGR) – Stock analysts at Jefferies Financial Group lowered their Q2 2018 earnings per share estimates for Hanger in a research note issued to investors on Friday, June 15th. Jefferies Financial Group analyst B. Tanquilut now expects that the healthcare company will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.37. Jefferies Financial Group also issued estimates for Hanger’s Q3 2018 earnings at $0.17 EPS, Q4 2018 earnings at $0.34 EPS and FY2019 earnings at $0.79 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Hanger from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine upgraded shares of Hanger from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd.

Shares of OTCMKTS:HNGR opened at $17.57 on Monday. The firm has a market capitalization of $651.31 million, a P/E ratio of 53.24 and a beta of 4.13. Hanger has a 1 year low of $10.87 and a 1 year high of $19.50. The company has a debt-to-equity ratio of -9.43, a current ratio of 1.75 and a quick ratio of 1.26.

Hanger (OTCMKTS:HNGR) last issued its quarterly earnings data on Monday, May 14th. The healthcare company reported $2.32 earnings per share (EPS) for the quarter. The business had revenue of $285.74 million during the quarter.

Hanger Company Profile

Hanger, Inc provides orthotic and prosthetic (O&P) patient care services; and distributes O&P devices, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates in two segments, Patient Care and Products & Services.

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