Notable Stock to Watch: CANTEL MEDICAL CORP. (NYSE: CMD)

 CANTEL MEDICAL CORP. (NYSE: CMD) changed -0.05% to recent value of $81.38. The stock transacted 230169 shares during most recent day however it has an average volume of 239.84K shares. It spotted trading -37.84% off 52-week high price. On the other end, the stock has been noted 17.34% away from the low price over the last 52-weeks.

CANTEL MEDICAL CORP. (NYSE: CMD) publicized that it has completed its previously announced acquisition of Omnia S.p.A. (“Omnia”), an Italian-based market leader in dental surgical consumables solutions.

Cantel is a leading global company dedicated to delivering innovative infection prevention products and services for patients, caregivers, and other healthcare providers which improve outcomes, enhance safety and help save lives. Our products include specialized medical device reprocessing systems for endoscopy and renal dialysis, advanced water purification equipment, sterilants, disinfectants and cleaners, sterility assurance monitoring products for hospitals and dental clinics, disposable infection control products primarily for dental and GI endoscopy markets, dialysate concentrates, hollow fiber membrane filtration and separation products. Additionally, we provide technical service for our products.

Omnia is a leading manufacturer and distributor of custom procedure kits, sutures and irrigation line systems, with a special focus on the set-up of the operating room and the prevention of cross-contamination. Omnia has a solid history of developing, manufacturing and selling innovative sterile and disposable surgical products. These products are specifically designed to meet the demanding requirements of dental surgery.

 CMD has a gross margin of 47.40% and an operating margin of 13.30% while its profit margin remained 9.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained 15.40% for this year while earning per share for the next 5-years is expected to reach at 18.00%.

 The company has 41.5M of outstanding shares and 36.93M shares were floated in the market. According to the most recent quarter its current ratio was 2.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 4.79% from the mean of 20 days, 2.85% from mean of 50 days SMA and performed -13.33% from mean of 200 days price. Company’s performance for the week was 4.09%, 10.98% for month and YTD performance remained 9.31%.

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