Cantel Medical Corp. (NYSE:CMD) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 2,955,800 shares, a growth of 7.0% from the May 30th total of 2,762,100 shares. Based on an average daily trading volume, of 286,500 shares, the days-to-cover ratio is presently 10.3 days. Approximately 7.9% of the company’s shares are sold short.
CMD stock opened at $79.03 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.33 and a quick ratio of 1.45. The stock has a market cap of $3.37 billion, a P/E ratio of 31.49 and a beta of 1.12. Cantel Medical has a 12-month low of $63.47 and a 12-month high of $99.68. The company has a fifty day moving average price of $76.30.
Cantel Medical (NYSE:CMD) last posted its quarterly earnings data on Tuesday, June 4th. The company reported $0.55 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.55. The firm had revenue of $228.55 million for the quarter, compared to the consensus estimate of $225.95 million. Cantel Medical had a return on equity of 15.52% and a net margin of 6.95%. Sell-side analysts expect that Cantel Medical will post 2.35 EPS for the current fiscal year.
About Cantel Medical
Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Endoscopy segment offers automated endoscope reprocessing systems; infectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets, transport systems, and mobile medical carts; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services.
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