Hanger, Inc. (HNGR) to Post Q1 2018 Earnings of ($0.16) Per Share, Jefferies Group Forecasts

Hanger, Inc. (OTCMKTS:HNGR) – Stock analysts at Jefferies Group issued their Q1 2018 earnings estimates for shares of Hanger in a research report issued to clients and investors on Wednesday, May 16th. Jefferies Group analyst B. Tanquilut forecasts that the healthcare company will post earnings of ($0.16) per share for the quarter. Jefferies Group also issued estimates for Hanger’s Q2 2018 earnings at $0.37 EPS, Q3 2018 earnings at $0.21 EPS, Q4 2018 earnings at $0.40 EPS and FY2018 earnings at $0.82 EPS.

A number of other equities analysts also recently commented on the stock. ValuEngine upgraded shares of Hanger from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd. Zacks Investment Research downgraded shares of Hanger from a “buy” rating to a “hold” rating in a research note on Wednesday, May 9th. Finally, Stephens set a $17.00 target price on shares of Hanger and gave the stock a “hold” rating in a research note on Monday, January 22nd.

Shares of Hanger opened at $18.01 on Thursday, MarketBeat Ratings reports. The stock has a market cap of $663.00 million, a P/E ratio of 54.58 and a beta of 4.16. Hanger has a 12 month low of $10.87 and a 12 month high of $19.50.

About Hanger

Hanger, Inc provides orthotic and prosthetic (O&P) patient care services; and distributes O&P devices, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates in two segments, Patient Care and Products & Services.

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