Hittite Microwave (NASDAQ: HITT, Stock Forum) will be reporting quarterly earnings after market close Thursday, October 23. Should earnings come in at or slightly below analyst's estimates look for a buying opportunity on any subsequent price drop. The company expects revenue for the third quarter ending September 30, 2008 to be in the range of $44.5 million to $45.5 million and net income to be in the range of $13.1 million to $13.5 million, or 42 cents to 43 cents per diluted share.
HITT currently trades at $26.85 with a P/E around 15 and EPS of $1.71. It has a one year target price of $41.67.
Almost Family (NASDAQ: AFAM, Stock Forum) is a leading regional provider of home health nursing services and is in a position for strong growth as America grays regardless of any financial crisis. It has a five year growth rate of 35.3%.
Hittite Microwave overview
Hittite is an innovative designer and developer of high performance integrated circuits, or ICs, modules, subsystems and instrumentation for technically demanding radio frequency, or RF, microwave and millimeterwave applications.
Products include amplifiers, attenuators, data converters, frequency dividers and detectors, frequency multipliers, high speed digital logic, interface, mixers and converters, modulators and demodulators, oscillators, passives, phase lock loop (PLL), phase shifters, power detectors, sensors, switches, synthesizers and variable gain amplifiers.
Hittite's products are used in a variety of applications and end markets including automotive, broadband, cellular infrastructure, fiber optic, microwave and millimeterwave communications, military, space, as well as test and measurement.
The company utilizes radio frequency integrated circuits (RFIC), monolithic microwave integrated circuits (MMIC), multi-chip modules (MCM) and microwave integrated circuit (MIC) technologies.
HITT investor highlights
Reported revenue for the second quarter ended June 30, 2008 of $45.0 million, representing an increase of 19.6% compared with $37.6 million for the second quarter of 2007.
Net income for the quarter was $13.5 million, or 43 cents per diluted share, an increase of 10.7% compared with $12.2 million, or 39 cents per diluted share, for the second quarter of 2007.
Has a one year target price of $41.67.
Trades at a P/E around 15 with EPS of $1.71.
Has $186 million on hand and no long term debt.
Financials (approximate as of October 20, 2008)
Market Cap: 831 million
Outstanding Shares: 31 million
52 Low / High: $24.23 / $50.68
Price: $26.85
Ticker: HITT
Almost Family overview
A leading provider of home health nursing, rehabilitation and personal care services.
Almost Family is a leading regional provider of home health nursing services, with branch locations in Florida, Kentucky, Connecticut, New Jersey, Ohio, Massachusetts, Alabama, Missouri, Illinois, Pennsylvania, and Indiana (in order of revenue significance). Almost Family operates over 90 branch locations in 11 U.S. states.
Almost Family and its subsidiaries operate two segments: Visiting Nurse, or VN, which provides skilled nursing and physical, occupational and speech therapy services primarily to Medicare beneficiaries; and Personal Care, or PC, which provides custodial and personal care services. Almost Family's services are generally covered by federal and state government programs, commercial insurance and private pay.
AFAM maintains quality and consistency across locations and regions through its “Senior Advocacy” mission, which trains caregivers to look beyond the obvious needs of patients to be advocates for their physical, mental, and emotional needs, with the ultimate outcome of allowing them to age in place.
Its Specialty Programs, such as Cardiocare, Orthopedics, Optimum Balance, B.R.E.A.T.H.E, Urology, Frail Elderly Care Management, and Telehealth Monitoring, are based upon our Senior Advocacy philosophy and were developed in response to local needs.
AFAM investor highlights
Almost Family reported second quarter 2008 net service revenues of $48.7 million, a 50% increase from $32.5 million in the second quarter of 2007.
Net income for the second quarter of 2008 was $3.9 million, or 50 cents per diluted share, compared to $2.0 million, or 35 cents per diluted share, in the second quarter of 2007.
Has a five year growth rate of 35.3%.
Net income for the six month period was $6.4 million, or 95 cents per diluted share, compared to $3.6 million, or 65 cents per diluted share, in the prior year period.
Financials (approximate as of October 20, 2008)
Market Cap: 297 million
Outstanding Shares: 8.13 million
52 Low / High: $16.60 / $46.45
Price: $36.55
Ticker: AFAM
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