Medical Facilities (TSE:DR) Price Target Raised to C$15.50

Medical Facilities (TSE:DR) had its target price increased by equities research analysts at Leede Jones Gable from C$15.00 to C$15.50 in a report issued on Wednesday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Leede Jones Gable’s target price points to a potential upside of 15.93% from the stock’s current price.

DR has been the topic of a number of other research reports. Leede Jones Gab upgraded Medical Facilities from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Royal Bank of Canada boosted their price objective on Medical Facilities from C$13.00 to C$14.00 and gave the company a “sector perform” rating in a research note on Wednesday.

Medical Facilities Stock Down 1.3 %

Shares of TSE:DR traded down C$0.17 during midday trading on Wednesday, hitting C$13.37. 66,781 shares of the company’s stock were exchanged, compared to its average volume of 51,423. Medical Facilities has a 12 month low of C$8.31 and a 12 month high of C$14.33. The company has a market cap of C$327.16 million, a PE ratio of 15.57, a price-to-earnings-growth ratio of 3.81 and a beta of 0.56. The company has a debt-to-equity ratio of 99.96, a current ratio of 1.09 and a quick ratio of 1.51. The stock has a 50 day moving average price of C$13.01 and a 200-day moving average price of C$11.33.

Medical Facilities (TSE:DR) last issued its quarterly earnings data on Thursday, May 9th. The company reported C$0.09 EPS for the quarter. The firm had revenue of C$145.95 million during the quarter, compared to analyst estimates of C$133.28 million. Medical Facilities had a return on equity of 38.26% and a net margin of 3.57%. On average, sell-side analysts anticipate that Medical Facilities will post 1.4764268 EPS for the current fiscal year.

Medical Facilities Company Profile

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company's specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.