NYSE:HNGR

Hanger - HNGR Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $18.72
▼
$18.72
50-Day Range: $18.63
▼
$18.72
52-Week Range: $13.42
▼
$22.67

Volume: N/A
Average Volume: 356,429 shs
Market Capitalization: $732.38 million

P/E Ratio: 19.71
Dividend Yield: N/A
Price Target: $18.75

Institutional Ownership

Hanger MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 0.2% Upside
$18.75 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: -0.86
Upright™ Environmental Score
News Sentiment: -0.06
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 5.26%
From $1.14 to $1.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.42 out of 5 stars

Medical Sector

921st out of 983 stocks

Specialty Outpatient Clinics Industry

1st out of 1 stocks

1.0

Analyst's Opinion

Consensus Rating
Hanger has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.75, Hanger has a forecasted upside of 0.2% from its current price of $18.72.
Amount of Analyst Coverage
Hanger has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for HNGR.

0.0

Dividend Strength

Dividend Yield
Hanger does not currently pay a dividend.
Dividend Growth
Hanger does not have a long track record of dividend growth.

4.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Hanger has received a 65.40% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is mostly driven by its "Stimulation accessories", "Clinical research services for physiological diseases ", and "Private orthopedist's appointments" products. See details.
Environmental Sustainability
The Environmental Impact score for Hanger is -0.86.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 6 news articles for Hanger this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hanger insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.36% of the stock of Hanger is held by insiders.
Percentage Held by Institutions
79.17% of the stock of Hanger is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Hanger are expected to grow by 5.26% in the coming year, from $1.14 to $1.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hanger is 19.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hanger is 19.71, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 104.65.
Price to Book Value per Share Ratio
Hanger has a P/B Ratio of 6.57. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hanger (NYSE:HNGR) Stock

Hanger, Inc. provides orthotic and prosthetic (O&P) services in the United States. It operates in two segments, Patient Care and Products & Services. The Patient Care segment owns and operates Hanger clinic, which specializes in the design, fabrication, and delivery of custom O&P devices through patient care clinics and satellite locations; and offers payor network contracting services to other O&P providers. The Products & Services segment engages in the distribution of various O&P parts, componentry, and devices to independent O&P providers; development of specialized rehabilitation technologies; and provision of evidence-based clinical programs for post-acute rehabilitation to patients at approximately 4,000 skilled nursing and post-acute providers. This segment also manufactures and sells therapeutic footwear for diabetic patients in the podiatric market. As of December 31, 2021, the company operated approximately 760 patient care clinics and 115 satellite locations in 47 states and the District of Columbia. It also distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings. The company was formerly known as Hanger Orthopedic Group, Inc. and changed its name to Hanger, Inc. in June 2012. Hanger, Inc. was founded in 1861 and is headquartered in Austin, Texas.

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HNGR Stock News Headlines

March 19, 2023 | marketwatch.com

2023 to 2028 Seismic Bracing and Hanger Market Forecasting Future Growth Outlook

March 17, 2023 | marketwatch.com

2023 Clothes-Hanger Trolleys Market: Thorough breakdown for industry leaders Prognosis by 2027

March 20, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 15, 2023 | marketwatch.com

Liner Hanger System Market | Global Various Tendencies Industry Report, 2029

March 15, 2023 | marketwatch.com

The Evolution of Hydraulic Liner Hanger Systems Market 2023: Future Developments and Trends by 2028

March 14, 2023 | marketwatch.com

New Report on Smart Clothes Hanger Market Future Growth 2023-2030

March 13, 2023 | msn.com

Man Reveals Drill Hack That Makes Hanger Screw Hooks a Breeze to Put Up

March 10, 2023 | marketwatch.com

Liner Hanger System Market 2023 Structure Along With Size, Trends, Revenue, Market segments, Forecast to 2029

March 20, 2023 | Legacy Research (Affiliate) (Ad)

"Prepare for Five Years of Famine"

Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast

March 8, 2023 | marketwatch.com

Perspective View on General Hanger Market 2023-2028 Size and Industrial Chain Analysis | Research Report by Absolute Reports

March 6, 2023 | marketwatch.com

Intelligence Clothes Hanger Market Application Niches and Dominance, Product Approvals, Product Launches

March 2, 2023 | marketwatch.com

Exclusive Report on Smart Clothes Hanger Market | Industry is Booming Globally Throughout [2023-2030] | Top Countries Data with Graphs and Table

March 2, 2023 | marketwatch.com

Research Insight View on Electric Clothes Drying Hanger Market Size [2023-2028] | Emerging Trend and Current Developments

March 1, 2023 | marketwatch.com

Future Growth of Hanger Type Shot Blasting Machines Market 2023: Trends and Revenue Prediction by 2029

February 23, 2023 | marketwatch.com

Liner Hanger System Market Forecast 2023 To 2029 Size, Global Predictive Analytics

February 17, 2023 | marketwatch.com

Newest Electric Clothes Hanger Market Growth Analysis Resaerch Report 2023-2030 | 95 Pages Report

October 19, 2022 | finance.yahoo.com

Netflix: How did the streaming service turn its fortunes around? - Yahoo Finance

October 19, 2022 | bbc.com

Netflix: How did the streaming service turn its fortunes around? - BBC

October 11, 2022 | techcrunch.com

‘Last year was the party. This year is the hangover.’ - TechCrunch

October 5, 2022 | bizjournals.com

Austin M&A wrap: Q2 buys fintech startup; Hanger acquired, drops off NYSE - Austin Business Journal - The Business Journals

October 3, 2022 | businesswire.com

Hanger, Inc. Completes Acquisition by Patient Square Capital - Business Wire

October 1, 2022 | finance.yahoo.com

Hanger, Inc. Stockholders Approve Acquisition by Patient Square Capital - Yahoo Finance

September 30, 2022 | businesswire.com

Hanger, Inc. Stockholders Approve Acquisition by Patient Square Capital - Business Wire

September 30, 2022 | finance.yahoo.com

Hanger, Inc. Stockholders Approve Acquisition by Patient Square Capital

September 29, 2022 | nasdaq.com

Is Aerie Pharmaceuticals (AERI) Stock Outpacing Its Medical Peers This Year? - Nasdaq

September 28, 2022 | nypost.com

8 things people do to stop being 'hangry': poll - New York Post

September 27, 2022 | finance.yahoo.com

Frontier Communications Set to Join S&P MidCap 400; Hain Celestial Group to Join S&P SmallCap 600

See More Headlines

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HNGR Company Calendar

Last Earnings: 11/08/2021
Today: 3/20/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Specialty Outpatient Clinics
Sub-Industry: N/A
Sector: Medical
Current Symbol: NYSE:HNGR
CUSIP: N/A
CIK: 722723
Web: www.hanger.com
Phone: (512) 777-3800
Fax: 301-986-0702
Employees: 5,200
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $18.75
High Stock Price Forecast: $18.75
Low Stock Price Forecast: $18.75
Forecasted Upside/Downside: +0.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.95
Trailing P/E Ratio: 19.71
Forward P/E Ratio: 16.42
P/E Growth: N/A
Net Income: $41.98 million
Net Margins: 3.17%
Pretax Margin: 3.31%
Return on Equity: 35.72%
Return on Assets: 4.00%

Debt

Debt-to-Equity Ratio: 3.71
Current Ratio: 1.23
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $1.12 billion
Price / Sales: 0.65
Cash Flow: $1.88 per share
Price / Cash Flow: 9.98
Book Value: $2.85 per share
Price / Book: 6.57

Miscellaneous

Outstanding Shares: 39,123,000
Free Float: 37,417,000
Market Cap: $732.38 million
Optionable: Optionable
Beta: 1.28

Key Executives

Mr. Vinit K. Asar (Age 56)
CEO, Pres & Director
Comp: $1.15M

Mr. Thomas E. Kiraly (Age 62)
CFO & Exec. VP
Comp: $734.16k

Mr. Peter A. Stoy (Age 47)
Exec. VP & COO
Comp: $660.53k

Mr. C. Scott Ranson (Age 57)
Exec. VP of Corp. Services & Chief Information Officer
Comp: $506.7k

Mr. Thomas E. Hartman (Age 59)
Sr. VP, Gen. Counsel & Sec.
Comp: $464.95k

Ms. Gabrielle B. Adams (Age 53)
VP & Chief Accounting Officer

Mr. Paul Adolph Severt
VP of Corp. Fin. & Treasurer

Mr. Mitchell D. Dobson (Age 50)
Sr. VP & Chief Compliance Officer

Krisita Burket
VP of PR & Communications

Ms. Keri L. Jolly (Age 54)
Sr. VP & Chief HR Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HNGR Stock - Frequently Asked Questions

Should I buy or sell Hanger stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanger in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HNGR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HNGR, but not buy additional shares or sell existing shares.
View HNGR analyst ratings or view top-rated stocks.
What is Hanger's stock price forecast for 2023?: 1 equities research analysts have issued 1-year target prices for Hanger's shares. Their HNGR share price forecasts range from $18.75 to $18.75. On average, they expect the company's share price to reach $18.75 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
View analysts price targets for HNGR or view top-rated stocks among Wall Street analysts.
How were Hanger's earnings last quarter?: Hanger, Inc. (NYSE:HNGR) released its quarterly earnings results on Monday, November, 8th. The company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.12. The company earned $289.83 million during the quarter, compared to analyst estimates of $282.22 million. Hanger had a net margin of 3.17% and a trailing twelve-month return on equity of 35.72%. During the same period last year, the firm posted $0.20 EPS.
What is Hanger's stock symbol?: Hanger trades on the New York Stock Exchange (NYSE) under the ticker symbol "HNGR."

Who are Hanger's major shareholders?: Hanger's stock is owned by many different institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%), Equitec Proprietary Markets LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Gabrielle B Adams, James H Campbell, Thomas E Kiraly, Thomas E Kiraly, Vinit K Asar and Vinit K Asar.
View institutional ownership trends.
What is Hanger's stock price today?: One share of HNGR stock can currently be purchased for approximately $18.72.
How much money does Hanger make?: Hanger (NYSE:HNGR) has a market capitalization of $732.38 million and generates $1.12 billion in revenue each year. The company earns $41.98 million in net income (profit) each year or $0.95 on an earnings per share basis.
How many employees does Hanger have?: The company employs 5,200 workers across the globe.
How can I contact Hanger?: Hanger's mailing address is 10910 DOMAIN DRIVE SUITE 300, AUSTIN TX, 78758. The official website for the company is www.hanger.com. The company can be reached via phone at (512) 777-3800, via email at investorrelations@hanger.com, or via fax at 301-986-0702.

This page (NYSE:HNGR) was last updated on 3/20/2023 by MarketBeat.com Staff

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Hanger - HNGR Stock Forecast, Price & News

Hanger MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Hanger (NYSE:HNGR) Stock

HNGR Stock News Headlines

HNGR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

HNGR Stock - Frequently Asked Questions

Overall MarketRank^™