ICU Medical (NASDAQ:ICUI) Declares Fiscal Q4 Profit Plunges 31% – ICUI, MMSI, BAX,BDX

ICU Medical, Incorporated (NASDAQ:ICUI) announced on Monday that fiscal Q4 earnings moved down 31 percent as the company’s previous year results were lifted by a special gain of asset-sale.

The medical-products company projects earnings in the range of $2.70 to $2.85 per share for the next year on revenue of $330 million to $340 million.

Thomson Reuters analysts survey estimates earnings of $2.89 per share and $339 million of revenue.

ICU Medical declared a profit of $12.3 million or 82 cents per share, down from $17.8 million or $1.26 per share in previous year.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Merit Medical Systems, Inc. (NASDAQ:MMSI) fell -1.65% to settle at $13.72, Baxter International Inc. (NYSE:BAX) moved down -0.67% to end at $68.31 while Becton, Dickinson and Co. (NYSE:BDX) jumped +0.01% to finish at $85.16 on Monday.

ICU Medical, Incorporated (NASDAQ:ICUI) last session’s volume of 141,053 shares was surprisingly higher than its average volume of 72,303 shares. The stock after opening at $60.90 hit high price of $61.17 and then closed at $60.24 by scoring -1.50%.

The liquidity measure in recent quarter results of the company was recorded 10.81 as current ratio. The Company had total cash of $204.29 million at hand and a book value per share as $25.90 in the most recent quarter.

The stock’s price volatility was 2.23% for a week and 1.76% for a month as well as price volatility’s Average True Range for 14 days was 1.26 and its beta remained at 0.36.

ICUI generated revenue of $310.67 million in the previous twelve months and earned $46.78 million. The Company showed a positive 15.06% in the net profit margin as well as in its operating margin which remained at 21.95%. Company’s annual sales growth for the past five years was 8.43%.

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