This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

10 Health Care Stocks to Watch

Stocks in this article: HCA TMO COV MD BIO VRUS UNH SIRO ILMN UTHR

8. Sirona Dental Sy (SIRO) manufactures a complete range of dental products, including CAD/CAM restoration systems, digital intra-oral, panoramic and 3D imaging systems, dental treatment centers and hand-pieces.

Revenue growth in the second quarter was up 12.9% to $214.7 million. Year-over-year revenue growth for imaging systems was 21.4%, 16.1% for CAD/CAM, 3.4% for treatment centers, while it declined 1.3% for instruments. Revenue in the U.S. increased 2.9%, while revenue outside the U.S. improved 17.5% with strong growth in Germany, other European markets and the Asia-Pacific region.

Gross profit was $115.7 million, up $16.4 million from the second quarter of 2010. Gross profit margin was 53.9%, up from 52.2% in the prior year due to lower amortization expenses.

Net income for the second quarter of 2011 was $29.3 million versus $17.5 million in the prior year period. As of March 2011, cash and cash equivalents stood at $300.1 million, while net debt reduced to $82.1 million from $119 million a year earlier. Management has raised FY2011 guidance, estimating revenue to grow 13% to 16% versus 9% to 12% previously. Analysts estimate an upside of 27% in the next one year. The stock has 81% buy ratings and is trading at 15 times its estimated 2011 earnings.

4 of 11

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs