Conceptus Inc. Stock Downgraded (CPTS)
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- The revenue growth greatly exceeded the industry average of 22.9%. Since the same quarter one year prior, revenues rose by 17.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
- CONCEPTUS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, CONCEPTUS INC turned its bottom line around by earning $0.15 versus -$0.25 in the prior year. This year, the market expects an improvement in earnings ($0.23 versus $0.15).
- The gross profit margin for CONCEPTUS INC is currently very high, coming in at 89.40%. Regardless of CPTS's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, CPTS's net profit margin of 5.44% is significantly lower than the industry average.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. When compared to other companies in the Health Care Equipment & Supplies industry and the overall market, CONCEPTUS INC's return on equity is below that of both the industry average and the S&P 500.
-- Written by a member of TheStreet Ratings Staff
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