This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Health Care Stocks to Gain on Earnings

3. Merit Medical Systems (MMSI - Get Report) designs, develops, manufactures and markets single-use medical products for interventional and diagnostic procedures. The company's business is divided into four segments: cardiology, radiology, gastroenterology and pulmonary. Merit is scheduled to release its second quarter 2011 results on July 21 after market hours.

Analysts polled by Bloomberg foresee the company reporting second-quarter net income of $7.49 million or 20 cents per share, compared to $6.41 million or 18 cents per share in the same quarter prior year. Sales are seen rising by 19% to $89.40 million from $74.95 million in the year-ago quarter. Gross margin is likely to expand to 46.75% from 43.31% in the year-ago quarter. Operating profit for the quarter could increase by 29% to $11.31 million.

The company recently closed its public offering of 5.52 million shares of common stock, including 720,000 shares issued as a result of the underwriters' exercise of their over-allotment option. Net proceeds of the issue totaled $87.6 million, excluding underwriting discounts, commissions and estimated offering expenses.

Of the nine analysts covering the stock, 56% recommend a buy and the rest rate a hold. There are no sell ratings on the stock. Analysts polled by Bloomberg foresee the stock gaining an average 22.6% to $21.67 in the upcoming 12 months.
4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EW $147.24 0.66%
IDXX $73.58 0.52%
MOH $65.28 1.80%
MMSI $23.83 0.68%
OMCL $31.74 0.51%


Chart of I:DJI
DOW 17,050.26 -0.49 -0.00%
S&P 500 2,013.43 +15.91 0.80%
NASDAQ 4,817.82 +7.0320 0.15%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs