Equities research analysts expect that Cantel Medical Corp. (NYSE:CMD) will announce earnings of $0.62 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Cantel Medical’s earnings. Cantel Medical posted earnings per share of $0.59 during the same quarter last year, which indicates a positive year over year growth rate of 5.1%. The firm is expected to issue its next quarterly earnings report on Thursday, March 14th.
According to Zacks, analysts expect that Cantel Medical will report full year earnings of $2.60 per share for the current fiscal year. For the next fiscal year, analysts expect that the business will post earnings of $2.92 per share, with EPS estimates ranging from $2.90 to $2.93. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Cantel Medical.
Cantel Medical (NYSE:CMD) last released its earnings results on Thursday, November 29th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.02. The firm had revenue of $225.59 million during the quarter, compared to the consensus estimate of $227.70 million. Cantel Medical had a net margin of 9.87% and a return on equity of 16.73%.
CMD stock traded down $2.58 during midday trading on Monday, reaching $76.97. The stock had a trading volume of 1,894 shares, compared to its average volume of 243,988. The firm has a market cap of $3.25 billion, a price-to-earnings ratio of 30.78 and a beta of 1.21. The company has a quick ratio of 1.44, a current ratio of 2.21 and a debt-to-equity ratio of 0.30. Cantel Medical has a twelve month low of $69.36 and a twelve month high of $130.92.
The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 31st. Shareholders of record on Thursday, January 17th will be paid a dividend of $0.10 per share. This is an increase from Cantel Medical’s previous Semi-Annual dividend of $0.09. The ex-dividend date of this dividend is Wednesday, January 16th. Cantel Medical’s dividend payout ratio is 6.77%.
About Cantel Medical
Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Endoscopy segment offers automated endoscope reprocessing systems; infectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets, transport systems, and mobile medical carts; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cantel Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantel Medical and related companies with MarketBeat.com's FREE daily email newsletter.