Hanger Director Eric Green Sells 2,000 Shares (HGR)
Hanger (NYSE:HGR) Director Eric Green unloaded 2,000 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $31.51, for a total transaction of $63,020.00. Following the completion of the sale, the director now directly owns 72,995 shares of the company’s stock, valued at approximately $2,300,072. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Hanger (NYSE:HGR) traded up 1.28% during mid-day trading on Thursday, hitting $30.95. The stock had a trading volume of 158,688 shares. Hanger has a 1-year low of $28.47 and a 1-year high of $40.71. The stock’s 50-day moving average is $31.09 and its 200-day moving average is $34.47. The company has a market cap of $1.086 billion and a price-to-earnings ratio of 18.00.
Hanger (NYSE:HGR) last released its earnings data on Monday, May 5th. The company reported $0.19 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.05. The company had revenue of $235.60 million for the quarter, compared to the consensus estimate of $243.60 million. During the same quarter last year, the company posted $0.27 earnings per share. Hanger’s revenue was up 2.7% compared to the same quarter last year. On average, analysts predict that Hanger will post $2.03 earnings per share for the current fiscal year.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Hanger in a research note on Wednesday, May 7th. They now have a $32.00 price target on the stock.
Hanger, Inc, formerly Hanger Orthopedic Group, Inc, is a provider of services and products that enhance human physical capabilities.
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