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Research Reports Initiation on Medical Supplies Stocks -- Cooper Cos., Glaukos, Insulet, and CR Bard

COO, GKOS, PODD

PR Newswire

NEW YORK, November 15, 2016 /PRNewswire/ --

Stock-Callers.com puts focus on four companies in the Medical Instruments and Supplies industry, which are: The Cooper Cos. Inc. (NYSE: COO), Glaukos Corp. (NYSE: GKOS), Insulet Corp. (NASDAQ: PODD), and CR Bard Inc. (NYSE: BCR). The Medical Instrument and Supply Manufacturing industry is a mature, consolidating industry with relatively high profit margins; as a result, the industry was largely resilient during the recession. IBISWorld expects the industry's revenue to continue growing. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

The Cooper Cos. 

Pleasanton, California headquartered The Cooper Cos. Inc.'s stock finished Monday's session 4.03% lower at $170.13. A total volume of 635,795 shares was traded, which was above their three months average volume of 587,050 shares. The Company's shares have advanced 26.83% on an YTD basis. The stock is trading above its 200-day moving average by 2.33%. Furthermore, shares of Cooper Cos., which operates as a medical device company worldwide, have a Relative Strength Index (RSI) of 33.86.

On November 06th, 2016, Cooper Cos announced that CooperSurgical has acquired Wallace, the in-vitro fertilization segment of Smiths Medical, a division of Smiths Group PLC, for a purchase price of approximately $168 million subject to customary closing adjustments. Wallace reported sales of approximately $29 million in the last twelve months. Excluding non-recurring items and deal-related amortization, the transaction is expected to be approximately $0.10 accretive to earnings per share in fiscal 2017. The free research report on COO is available at:

http://stock-callers.com/registration/?symbol=COO


Glaukos  

On Monday, shares in California headquartered Glaukos Corp. ended the session at $33.78, down 0.68%. The stock recorded a trading volume of 1.28 million shares, which was higher than its three months average volume of 528,620 shares. The Company's shares have gained 7.68% in the previous three months and 36.82% since the start of this year. The stock is trading 26.54% above its 200-day moving average. Moreover, shares of Glaukos, which develops and commercializes products and procedures designed for the treatment of glaucoma, have an RSI of 45.34.

On October 27th, 2016, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock.

On November 10th, 2016, Glaukos reported a 56% net sales growth to $29.6 million in Q3 2016 compared to $19.0 million in Q3 2015. The company reported net income of $1.2 million, or $0.03 per diluted share, in Q3 2016 compared to a net loss of $2.1 million, or a loss of $0.07 per diluted share, in Q3 2015. The company raised 2016 net sales guidance to a range of $109 million to $111 million from the prior guidance range of $105 million to $107 million. The complimentary report on GKOS can be downloaded at:


http://stock-callers.com/registration/?symbol=GKOS


Insulet  

Massachusetts headquartered Insulet Corp.'s stock ended yesterday's session 2.34% lower at $34.69. A total volume of 861,941 shares was traded, which was above their three months average volume of 540,060 shares. The Company's shares are trading 0.28% above their 200-day moving average. Additionally, shares of Insulet, which develops, manufactures, and sells insulin infusion systems for people with insulin-dependent diabetes in the US, have an RSI of 40.10.

On November 03rd, 2016, Insulet reported that Q3 2016 revenue increased 33% to $94.9 million compared to revenue from continuing operations of $71.4 million in Q3 2015. Operating income for the reported quarter was $2.4 million compared to an operating loss of $14.8 million in Q3 2015. The company's net loss from continuing operations for Q3 2016 was $3.0 million, or $0.05 per share, compared to a net loss from continuing operations of $18.0 million, or $0.32 per share, in Q3 2015. Visit us today and download our complete research report on PODD for free at:

http://stock-callers.com/registration/?symbol=PODD


CR Bard  

At the close on Monday, shares in New Jersey headquartered CR Bard Inc. recorded a trading volume of 858,728 shares, which was above their three months average volume of 470,800 shares. The stock finished 4.44% lower at $203.77. The Company's shares have gained 8.08% since the start of this year. The stock is trading below its 200-day moving average by 4.93%. Furthermore, shares of CR Bard, which together with its subsidiaries, designs, manufactures, packages, distributes, and sells medical, surgical, diagnostic, and patient care devices worldwide, have an RSI of 32.16.

On October 25th, 2016, CR Bard reported net sales of $941.9 million for Q3 2016, an increase of 9% over Q3 2015. For Q3 2016, net sales in the U.S. were $646.0 million, an increase of 7% over Q3 2015. For the reported quarter, net income was $96.4 million and diluted earnings per share were $1.27, an increase of 212% and 209% respectively, as compared to Q3 2015 results. Get free access to your technical report on BCR at:

http://stock-callers.com/registration/?symbol=BCR

--

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