Cantel Medical Corp. [NYSE: CMD] loss -7.51% or -3.41 points to close at $42.00 with a heavy trading volume of 678264 shares. It opened the trading session at $44.45, the shares rose to $44.615 and dropped to $41.96, the range by which the price of stock traded the whole day. The daily chart for CMD points out that the company has recorded -41.34% loss over the past six months. However, it is still -101.83% lower than its most recent low trading price.
If we look at the average trading volume of 862.96K shares, CMD reached to a volume of 678264 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Cantel Medical Corp. [CMD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMD shares is $65.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMD stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Cantel Medical Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 26, 2019. The new note on the price target was released on March 01, 2019, representing the official price target for Cantel Medical Corp. stock.
The Average True Range (ATR) for Cantel Medical Corp. is set at 3.09, with the Price to Sales ratio for CMD stock in the period of the last 12 months amounting to 1.66. The Price to Book ratio for the last quarter was 2.57, with the Price to Cash per share for the same quarter was set at 2.87. Price to Free Cash Flow for CMD in the course of the last twelve months was 27.83 with Quick ratio for the last quarter at 1.50.
Trading performance analysis for CMD stock
Cantel Medical Corp. [CMD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.19. With this latest performance, CMD shares gained by 13.61% in over the last four-week period, additionally sinking by -41.34% over the last 6 months – not to mention a drop of -43.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMD stock in for the last two-week period is set at 50.67, with the RSI for the last a single of trading hit 46.92, and the three-weeks RSI is set at 51.40 for Cantel Medical Corp. [CMD]. The present Moving Average for the last 50 days of trading for this stock 37.48, while it was recorded at 43.46 for the last single week of trading, and 57.94 for the last 200 days.
Cantel Medical Corp. [CMD]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Cantel Medical Corp. [CMD] shares currently have an operating margin of +9.11 and a Gross Margin at +46.56. Cantel Medical Corp.’s Net Margin is presently recorded at +5.99.
Return on Total Capital for CMD is now 9.85, given the latest momentum, and Return on Invested Capital for the company is 6.55. Return on Equity for this stock inclined to 8.66, with Return on Assets sitting at 5.41. When it comes to the capital structure of this company, Cantel Medical Corp. [CMD] has a Total Debt to Total Equity ratio set at 34.90. Additionally, CMD Total Debt to Total Capital is recorded at 25.87, with Total Debt to Total Assets ending up at 21.57. Long-Term Debt to Equity for the company is recorded at 33.38, with the Long-Term Debt to Total Capital now at 24.75.
Reflecting on the efficiency of the workforce at the company, Cantel Medical Corp. [CMD] managed to generate an average of $19,817 per employee. Receivables Turnover for the company is 6.88 with a Total Asset Turnover recorded at a value of 0.90.Cantel Medical Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.50.
Cantel Medical Corp. [CMD]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Cantel Medical Corp. posted 0.63/share EPS, while the average EPS was predicted by analysts to be reported at 0.61/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cantel Medical Corp. go to 2.75%.
An analysis of insider ownership at Cantel Medical Corp. [CMD]
There are presently around $1,984 million, or 99.90% of CMD stock, in the hands of institutional investors. The top three institutional holders of CMD stocks are: FRED ALGER MANAGEMENT, LLC with ownership of 4,695,602, which is approximately 124.184% of the company’s market cap and around 1.40% of the total institutional ownership; BROWN CAPITAL MANAGEMENT LLC, holding 3,918,178 shares of the stock with an approximate value of $177.92 million in CMD stocks shares; and CHAMPLAIN INVESTMENT PARTNERS, LLC, currently with $166.64 million in CMD stock with ownership of nearly 6.685% of the company’s market capitalization.
Positions in Cantel Medical Corp. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 108 institutional holders increased their position in Cantel Medical Corp. [NYSE:CMD] by around 5,433,124 shares. Additionally, 134 investors decreased positions by around 5,576,579 shares, while 34 investors held positions by with 32,675,045 shares. The mentioned changes placed institutional holdings at 43,684,748 shares, according to the latest SEC report filing. CMD stock had 33 new institutional investments in for a total of 424,554 shares, while 58 institutional investors sold positions of 1,561,769 shares during the same period.