An analyst sees good growth prospects for ICU Medical, Inc (ICUI)

With 0.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.25 million shares. During the session, the Medical Instruments & Supplies company that operates in wider Healthcare sector, reached to the highest price of $196.2607 whereas the lowest price it dropped to was $174.51. The 52-week range on ICUI shows that it touched its highest point at $188.53 and its lowest point at $79.85 during that stretch. It currently has a 1-year price target of $191.60. Beta for the stock currently stands at 0.65.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ICUI was down-trending over the past week, with a drop of -2.35%, but this was down by -2.61% over a month. Three-month performance surged to 10.56% while six-month performance rose 67.31%. The stock gained 113.10% in the past year, while it has gained 75.27% so far this year. A look at the trailing 12-month EPS for ICUI yields -4.57 with Next year EPS estimates of 7.03. For the next quarter, that number is 1.50. This implies an EPS growth rate of -18.02% for this year and 26.80% for next year.

Float and Shares Shorts:

At present, 24.14 million ICUI shares are outstanding with a float of 22.51 million shares on hand for trading. On 2024-10-31, short shares totaled 0.65 million, which was 267.00001000000003 higher than short shares on 1727654400. In addition to Mr. Vivek Jain as the firm’s CEO & Chairman of the Board, Mr. Daniel Woolson serves as its President.

Institutional Ownership:

Through their ownership of 0.95932 of ICUI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ICUI reported revenue of $596455000.0 and operating income of $24489000.0. The EBITDA in the recently reported quarter was $81719000.0 and diluted EPS was -$0.88.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ICUI since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ICUI analysts setting a high price target of 198.0 and a low target of 140.0, the average target price over the next 12 months is 176.66667. Based on these targets, ICUI could surge 13.27% to reach the target high and fall by -19.91% to reach the target low. Reaching the average price target will result in a growth of 1.06% from current levels.

Analysts have provided yearly estimates in a range of $5.33024 being high and $5.18944 being low. For ICUI, this leads to a yearly average estimate of $5.23973. The surprise factor in the prior quarter was $1. Based on analyst estimates, the high estimate for the next quarter is $1.59 and the low estimate is $1.11. The average estimate for the next quarter is thus $1.4.