Medical Appliances & Equipment
(ISRG) Intuitive Surgical Analyst Remains Neutral on Shares
We maintain our recommendation for Intuitive Surgical (ISRG) at Neutral. Earnings per share for the second quarter of $3.75 easily beat the Zacks Consensus Estimate. Profit grew 31.9% year over year to $154.9 million. Intuitive...21Aug2012 | vitalstocks | Comments Off | Continued
(ISRG) Intuitive Surgical 2012 Second Quarter Earnings Preview
Intuitive Surgical (ISRG) is scheduled to report its second quarter results on Thursday, July 19, 2012. The current Zacks Consensus Estimate for the second quarter is $3.52, representing an estimated 21.02% annualized growth. First...21Aug2012 | vitalstocks | Comments Off | Continued
(MDT) Medtronic Meets Earnings Forecasts
Medtronic Inc. (MDT) reported first quarter fiscal 2013 earnings per share of 83 cents, up 8% year over year. After taking into account certain one-time items, the adjusted EPS was 85 cents, also up 8% year over year and in...21Aug2012 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Medical Beats by a Penny – Trims Outlook
Medical devices major, St. Jude Medical, Inc.’s (STJ) second quarter 2012 adjusted earnings of 88 cents per share beat the Zacks Consensus Estimate by a penny and surpassed the year-ago earnings of 85 cents per share. Earnings were...13Aug2012 | vitalstocks | Comments Off | Continued
(GB) Greatbatch to Build Research and Development Center
Medical technologies company, Greatbatch Inc. (GB) recently announced that it will set up an Active Implantable Medical Device (“AIMD”) Research and Development (“R&D”) Centre in Singapore. It will be Greatbatch’s first...23Jul2012 | vitalstocks | Comments Off | Continued
(ALGN) Align Technology Beats The street in Second Quarter
Align Technology (ALGN) reported second quarter 2012 EPS of 34 cents, considerably higher than the year-ago level of 14 cents. Adjusting for certain one-time items, adjusted EPS came in at 34 cents, beating the Zacks Consensus Estimate...23Jul2012 | vitalstocks | Comments Off | Continued
(MDT) Medtronic Hikes Dividend
Leading medical device player, Medtronic (MDT) announced a 7.2% increase in its cash dividend for fiscal 2013. With this hike, the dividend for the quarter comes to 26 cents per share or $1.04 per share for fiscal 2013, up from 97...26Jun2012 | vitalstocks | Comments Off | Continued
(EW) Company News for June 15, 2012 – Corporate Summary
• Edwards Lifesciences Corp. (NYSE:EW) gained 7% after the FDA approved the company’s Sapien heart valve as for a wider section of patients • International Game Technology (NYSE:IGT)...16Jun2012 | vitalstocks | Comments Off | Continued
(CYBX) Company News for June 7, 2012 – Corporate Summary
Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) gained 8.4%, a day after it posted first quarter earnings per share of $0.54, surpassing the Zacks Consensus Estimate of $0.53 by a penny Brown-Forman Corporation...7Jun2012 | vitalstocks | Comments Off | Continued
(MDT) Medtronic Posts Mixed Numbers
Medtronic Inc. (MDT) reported fourth quarter fiscal 2012 earnings per share (EPS) of 94 cents, up 31% year over year. However, adjusted EPS during the quarter came in at 99 cents, 10% above the year-ago period...28May2012 | vitalstocks | Comments Off | Continued
(ALGN) Align Technology Posts Solid First Quarter Earnings
Align Technology (ALGN) reported first quarter 2012 EPS of 26 cents, which was 30% higher than the year-ago level. Adjusting for certain one-time items, the adjusted EPS came in at 27 cents, beating the Zacks Consensus Estimate of...28Apr2012 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Medical Build on Alliance with Abbott Laboratories
St. Jude Medical Inc. (STJ) recently disclosed its decision to build on its mutual agreement with Abbott Laboratories (ABT) by revealing the long-term Choice Alliance...28Apr2012 | vitalstocks | Comments Off | Continued
(ISRG) Intuitive Surgical Incorporated – Bull of the Day
We upgrade our rating for Intuitive Surgical, Inc. (ISRG) to Outperform. First quarter earnings per share of $3.50 beat the Zacks Consensus Estimate. Gynecology and prostatectomy procedures did well in 2011, as did certain emerging...26Apr2012 | vitalstocks | Comments Off | Continued
(STJ) St. Jude Beats The Street – Raises Guidance
St. Jude Medical, Inc. (STJ), a large-cap medical devices and technology development company, reported first quarter fiscal 2012 adjusted earnings of 86 cents beating the Zacks Consensus Estimate of 83 cents per share and surpassing...20Apr2012 | vitalstocks | Comments Off | Continued
(MDT) MedTech Industry Stock Outlook – March 2012 – Zacks Analyst Interviews
Last year proved to be challenging for medical technology (“MedTech”) stocks given the exigent economic conditions and the precarious healthcare environment. The performance of incumbent players was hamstrung by several macro issues, including sustained price and procedure volume pressures. The...19Mar2012 | vitalstocks | Comments Off | Continued
(MDT) MedTech Industry Stock Outlook – March 2012 – Industry Outlook
Last year proved to be challenging for medical technology (“MedTech”) stocks given the exigent economic conditions and the precarious healthcare environment. The performance of incumbent players was hamstrung by several macro issues, including sustained price and procedure volume pressures. The...8Mar2012 | vitalstocks | Comments Off | Continued
(GB) Greatbatch Buying NeuroNexus
Medical technology company Greatbatch (GB) is acquiring Michigan-based implantable medical device design firm NeuroNexus Technologies for roughly $12 million. The deal includes assumption of debt and future considerations (undisclosed). NeuroNexus,...23Feb2012 | vitalstocks | 0 comments | Continued
(ZMH) Zimmer Holdings Earnings Scorecard
The announcement of Zimmer Holdings’ (ZMH) fourth quarter and fiscal 2011 results as on January 26, 2012, has led analysts to revise their estimates lower for the first quarter of fiscal 2012. The scenario, however,...6Feb2012 | vitalstocks | 0 comments | Continued
(STJ) St. Jude Medical Fourth Quarter 2011 Earnings Scorecard
Medical devices major St. Jude Medical’s (STJ) fourth-quarter 2011 adjusted earnings per share of 86 cents beat the Zacks Consensus Estimate by a couple of cents and exceeded the year-ago earnings of 75 cents. Highlights...6Feb2012 | vitalstocks | 0 comments | Continued
(ISRG) Intuitive Surgical 2011 Fourth Quarter Earnings Scorecard
Intuitive Surgical (ISRG) reported favorable fourth-quarter 2011 results. Earnings per share came in at $3.75, beating the Zacks Consensus Estimate of $3.34 and the year-ago earnings of $3.02. Net income climbed 24.8% year over year...2Feb2012 | vitalstocks | 0 comments | Continued
(ISRG) Now is the Time to Buy Healthcare Stocks
I’ve been talking a lot lately about the $4 trillion that’s about to fall into the laps of businesses in the healthcare sector due to the number of Baby Boomers who are now turning 65. And we know that the older we get, the more we spend on healthcare. Consider: The...2Feb2012 | InvestmentU | 0 comments | Continued
(ZOLL) ZOLL Medical Corporation – Bull of the Day
We retain our Outperform recommendation on ZOLL Medical Corp. (ZOLL) following its forecast-topping first quarter results. Revenues and earnings for the quarter beat the Zacks Consensus Estimates, driven by strong sales from the company’s...27Jan2012 | vitalstocks | 0 comments | Continued
(ISRG) Intuitive Squarely Beats Earnings Expectations
Intuitive Surgical (ISRG) reported fourth quarter and fiscal 2011 earnings per share of $3.75 and $12.32, respectively, beating the Zacks Consensus Estimates of $3.34 and $11.89, respectively, while surpassing the corresponding year-ago...25Jan2012 | vitalstocks | 0 comments | Continued
(STJ) New Year Bets from MedTech
Picking the right stock is never easy, especially in a difficult and volatile market. There are thousands of stocks to choose from and many investors eventually end up boiling the ocean. The U.S. economy continues to be cramped by a spate of headwinds including a still unstable job market,...6Jan2012 | vitalstocks | 0 comments | Continued
(STJ) Christmas Gift for the Ailing Heart
Wilson Greatbatch, the self-professed “humble tinkerer” and a trailblazer in medical technology, invented the first implantable cardiac pacemaker in 1958 which kept the rhythm of millions of heartbeats and preserved countless lives across the planet. A couple of decades later, the...14Dec2011 | vitalstocks | 0 comments | Continued
(ZOLL) ZOLL Medical’s AutoPulse Tapped by WSPR Szczecin
Resuscitation devices maker ZOLL Medical (ZOLL) said that its new AutoPulse Plus cardiac support pumps has been bought by WSPR Szczecin, the biggest emergency service operator in Poland. The Polish entity has purchased 49 such devices...30Nov2011 | vitalstocks | 0 comments | Continued
(HOLX) Hologic Launches C-View Software
Hologic (HOLX), a leading player in the field of women’s health, has released its C-View synthesized 2D image reconstruction algorithm. This eliminates the requirement of a conventional 2D mammogram as a part of a 3D mammography...30Nov2011 | vitalstocks | 0 comments | Continued
(MDT) Medtronic 2012 Second Quarter Earnings Scorecard
The announcement of Medtronic’s (MDT) second quarter fiscal 2012 results, as on November 22, 2011, has led analysts to revise their estimates lower for the third quarter although the situation improves for the current fiscal. Second...28Nov2011 | vitalstocks | 0 comments | Continued
(ISRG) Intuitive Surgical 2011 Third Quarter Earnings Scorecard
Intuitive Surgical (ISRG) reported favorable third-quarter 2011 results. Earnings per share came in at $3.05, beating the Zacks Consensus Estimate of $2.76 and the year-ago figure of $2.14. Net income climbed 41.3% year over year...22Nov2011 | vitalstocks | 0 comments | Continued
(ZOLL) ZOLL Medical Corporation – Bull of the Day
We upgrade our recommendation on ZOLL Medical Corp. (ZOLL) to Outperform following its forecast-topping fourth quarter results. Revenues and earnings for the quarter outperformed the Zacks Consensus Estimates, driven by strong contributions...21Nov2011 | vitalstocks | 0 comments | Continued