Hanger is in the health care providers industry and healthcare sector. The company CEO is Vinit K. Asar. Hanger Inc is a provider of services and products that enhance human physical capabilities. It provides orthotic and prosthetic patient-care services, distributes O&P devices and components, manage O&P networks, and provide therapeutic solutions.



Previous Intraday Performance:

The HNGR shares had a previous change of 0.18% which opened at 19.50 and closed at 19.71. It moved to an intraday high of 19.88 and a low of 19.48.

SeekingAlpha:  Hanger, Inc. (HNGR) CEO Vinit Asar on Q1 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, HNGR shares returned -3.76% and in the past 30 trading days it returned 1.08%. Over three months, it changed -4.04%. In one year it has changed -16.66% and within that year its 52-week high was 24.50 and its 52-week low was 17.34. HNGR stock is 13.67% above its 52 Week Low.

Our calculations result in a 200 day moving average of 19.75 and a 50 day moving average of 19.38. Right now, HNGR stock is trading -0.22% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

SeekingAlpha:  Hanger, Inc. (HNGR) CEO Vinit Asar on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The company has a market cap of $735.1m with 37.2m shares outstanding and a float of 33.7m shares. Trading volume was 65,600 shares and has experienced an average volume of 198,805 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Hanger was -0.03 which ended on 31st of December 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.41.

Base on our calculations, the intrinsic value per share is 20.49, which means it might be undervalued and has a margin of safety of 3.78%

The next earnings report will be: 05-29-2019

The growth of the EPS is critical in understanding the current valuation of Hanger; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been -1.20% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 9.70% of insider ownership and 97.10% of institutional ownership. Short-interest was 929,794, which was 2.50% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.74. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.91

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 2.12%, profit margin is 1.41%, price-to-sales is 0.68 and price-to-book is 10.28.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 1  : Financial Safety Result
 2  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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