Utah Medical Products (NASDAQ:UTMD – Get Free Report) posted its earnings results on Thursday. The medical instruments supplier reported $0.88 earnings per share (EPS) for the quarter, Zacks reports. Utah Medical Products had a net margin of 30.48% and a return on equity of 8.83%. The firm had revenue of $8.62 million during the quarter.
Utah Medical Products Trading Down 1.1%
Shares of UTMD opened at $74.23 on Friday. The company has a market capitalization of $236.05 million, a price-to-earnings ratio of 22.22 and a beta of 0.38. The stock has a 50 day moving average of $73.03 and a 200 day moving average of $69.69. Utah Medical Products has a 12 month low of $53.66 and a 12 month high of $76.89.
Utah Medical Products Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, September 17th were given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, September 17th. Utah Medical Products’s dividend payout ratio (DPR) is presently 37.80%.
Analysts Set New Price Targets
Separately, Weiss Ratings upgraded shares of Utah Medical Products from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, September 9th. One analyst has rated the stock with a Hold rating. According to MarketBeat, Utah Medical Products has an average rating of “Hold”.
Check Out Our Latest Research Report on UTMD
Utah Medical Products Company Profile
Utah Medical Products, Inc (NASDAQ:UTMD) develops, manufactures and distributes medical devices used primarily in hospital and clinical settings. The company focuses on specialized products for women’s health, childbirth, neonatal care, electrosurgery, gastroenterology and related medical applications.
Its product portfolio includes fetal monitoring electrodes and catheters, intrauterine pressure monitoring devices, vacuum-assisted delivery systems, neonatal respiratory and care products, electrosurgical accessories, and other disposable and specialty medical instruments.
Featured Stories
- Five stocks we like better than Utah Medical Products
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
- MarketBeat Week in Review – 10/19 – 10/23
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
Receive News & Ratings for Utah Medical Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Utah Medical Products and related companies with MarketBeat.com's FREE daily email newsletter.
