The numbers: Fiscal fourth-quarter net income increased 37% to $7.2 million, and earnings per share rose 34% to 51 cents. Revenue advanced 26% to $102 million. Bio-Reference's operating margin ascended from 12% to 13%. The company has a stable financial position, with a quick ratio of 1.9 and a debt-to-equity ratio of 0.2.
The stock: Bio-Reference Laboratories increased 52% during the past year, outpacing major U.S. indices. The stock trades at a price-to-earnings ratio of 24, a premium to health-care-service peers. Bio-Reference doesn't pay dividends.