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Merit Medical Names Martha Aronson as New President and Chief Executive Officer
Globenewswire· 2025-07-07 20:05
Leadership Transition - Merit Medical Systems, Inc. has appointed Martha Aronson as the new President and CEO, effective October 3, 2025, while Fred P. Lampropoulos will continue as Chairman of the Board until that date [1][2] - Lampropoulos expressed confidence in Aronson's ability to lead the company, highlighting her qualifications and experience in global healthcare [2] - Aronson has a strong background, having held leadership roles at Ecolab, Hill-Rom, and Medtronic, and has served on various boards [2][3] Financial Performance - Merit announced preliminary unaudited revenue for Q2 2025 in the range of approximately $380 to $384 million, representing a projected increase of about 12% to 14% compared to Q2 2024 [5] - The preliminary constant currency revenue for the same period increased by approximately 11% to 13% year-over-year [5] - The impact of foreign exchange on preliminary revenue was a decrease of $2.3 million [12] Company Overview - Founded in 1987, Merit Medical specializes in developing, manufacturing, and distributing proprietary disposable medical devices for various medical procedures [13] - The company serves hospitals globally with a workforce of approximately 7,300 employees [13]
Why Outset Medical's Rock-Bottom Valuation Masks Explosive Growth
Seeking Alpha· 2025-07-07 19:49
Company Overview - Outset Medical, Inc. (NASDAQ: OM) is an innovator in dialysis delivery, focusing on an all-in-one mobile product that automates water treatment and dialysate mixing [1] Challenges - The company has faced difficulties with FDA regulation clearance and has experienced a decline in sales in the past [1]
All You Need to Know About Si-Bone (SIBN) Rating Upgrade to Buy
ZACKS· 2025-07-07 17:01
Core Viewpoint - Si-Bone (SIBN) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, thus affecting stock prices [4]. Si-Bone's Earnings Outlook - The recent upgrade for Si-Bone indicates an improvement in the company's underlying business, which is expected to positively influence its stock price [5][10]. - Analysts have raised their earnings estimates for Si-Bone, with the Zacks Consensus Estimate increasing by 7.7% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - Si-Bone's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].
What Makes Labcorp (LH) a New Buy Stock
ZACKS· 2025-07-07 17:01
Core Viewpoint - Labcorp Holdings (LH) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Labcorp's Earnings Outlook - For the fiscal year ending December 2025, Labcorp is expected to earn $16.05 per share, with a 0.3% increase in the Zacks Consensus Estimate over the past three months [8]. - The upgrade reflects an improvement in Labcorp's underlying business, which is likely to drive the stock price higher as investors respond positively to this trend [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Labcorp's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9][10].
Stereotaxis Reports Positive Initial Data From MAGiC Catheter Trial
ZACKS· 2025-07-07 16:55
Core Insights - Stereotaxis (STXS) announced initial clinical results for its MAGiC catheter, marking the first peer-reviewed evidence of its safety and efficacy in treating cardiac arrhythmias [1][4] - The MAGiC catheter is the first robotic, fully integrated radiofrequency ablation catheter designed for use with Stereotaxis' Robotic Magnetic Navigation system, demonstrating consistent navigation accuracy and a strong safety profile [2][4] Company Performance - Following the announcement, STXS shares remained flat, with a year-to-date decline of 3.5%, compared to the industry's 7.4% decline and the S&P 500's gain of 6.3% [3] - The company currently has a market capitalization of $189.2 million [6] Clinical Study Results - The MAGiC catheter study involved 67 patients, showing an acute efficacy rate of 94% and a low procedure-related adverse event rate of 1.5% [7][8] - The study reported no adverse events linked to catheter malfunction, with an average procedure time of 83 minutes [8] Technological Advancements - The MAGiC catheter demonstrated improved stability, steady tip temperatures during ablation, and low irrigation rates, enhancing safety and efficiency in robotic ablation procedures [9] - These advancements are expected to boost physician confidence and accelerate the adoption of Stereotaxis' robotic system [4] Industry Outlook - The global market for robotic catheterization systems is projected to grow from $54.4 million in 2025 to $190.2 million by 2035, driven by the demand for minimally invasive procedures [10][11]
HLN vs. SYK: Which Stock Is the Better Value Option?
ZACKS· 2025-07-07 16:41
Core Insights - The article compares Haleon PLC Sponsored ADR (HLN) and Stryker (SYK) to determine which stock offers better value for investors [1] Group 1: Zacks Rank and Earnings Outlook - Haleon PLC has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while Stryker has a Zacks Rank of 3 (Hold) [3] - The Zacks Rank emphasizes companies with positive earnings estimate revisions, suggesting that HLN's earnings outlook is improving more significantly than SYK's [3][7] Group 2: Valuation Metrics - HLN has a forward P/E ratio of 21.28, compared to SYK's forward P/E of 29.60, indicating that HLN may be undervalued relative to SYK [5] - The PEG ratio for HLN is 2.92, while SYK's PEG ratio is 2.98, suggesting that HLN's expected earnings growth is more favorable [5] - HLN's P/B ratio is 2.24, significantly lower than SYK's P/B of 7.21, further supporting HLN's valuation as more attractive [6] - Based on these metrics, HLN receives a Value grade of B, while SYK is rated D, indicating a stronger value proposition for HLN [6]
MedRhythms Appoints Larry Jasinski as Chief Executive Officer to Lead Next Phase of Growth and Commercial Expansion
Prnewswire· 2025-07-07 15:00
Company Overview - MedRhythms, Inc. is pioneering next-generation neurotherapeutics aimed at improving walking, mobility, and related functional outcomes through a proprietary technology platform that integrates sensors, software, and music with advanced neuroscience [5] - The company has developed a pipeline of products targeting various neurological conditions, including stroke, multiple sclerosis, and Parkinson's disease [5] Leadership Transition - Larry Jasinski has been appointed as the new Chief Executive Officer, effective immediately, succeeding co-founder Brian Harris, who will transition to Chief Scientific Officer [1][3] - Jasinski brings over 30 years of executive leadership experience in the medical device and neurotechnology industries, including a successful IPO at Lifeward and national reimbursement for the first exoskeleton system for spinal cord injury [2] Strategic Growth Plans - The appointment of Jasinski is seen as a critical inflection point for MedRhythms, as the company prepares for national expansion of its home-use products, InTandem® for chronic stroke and Movive™ for Parkinson's disease, both of which are FDA-listed Class II devices [4] - The company aims to accelerate market adoption and build on its clinical foundation to reach more patients with chronic health and mobility conditions [4] Market Position and Vision - MedRhythms has established clinical data supporting the effectiveness of its products and operates in sizable market segments, having gained coverage from CMS and other entities [4] - The company is focused on transforming patients' lives and is positioned to become a valuable business entity in the neurorehabilitation space [4]
Is BioCryst Pharmaceuticals (BCRX) Outperforming Other Medical Stocks This Year?
ZACKS· 2025-07-07 14:41
For those looking to find strong Medical stocks, it is prudent to search for companies in the group that are outperforming their peers. Is BioCryst Pharmaceuticals (BCRX) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.BioCryst Pharmaceuticals is a member of our Medical group, which includes 987 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best ...
Will J&J's Q2 Results Reflect End of MedTech Issues & Higher Sales?
ZACKS· 2025-07-07 14:31
Core Viewpoint - Johnson & Johnson's MedTech segment, which constitutes approximately 36% of total revenues, is experiencing growth driven by newly acquired cardiovascular businesses and new product uptake, but faces challenges in the Asia Pacific region, particularly in China due to government procurement programs and competitive pressures [1][2][4]. Group 1: MedTech Segment Performance - The MedTech segment's growth in Q2 is attributed to the acquisition of Abiomed and Shockwave, alongside the continued uptake of new products [2]. - Sales in China are negatively impacted by the volume-based procurement (VBP) program and an anticorruption campaign, with no expected improvement in 2025 [2]. - Competitive pressures are affecting growth in specific MedTech areas, such as PFA ablation catheters in U.S. electrophysiology [3]. Group 2: Future Outlook - Sales are anticipated to be higher in the second half of 2025 compared to the first half as the business overcomes challenging first-quarter comparisons and new products gain traction [4]. - Tariff-related costs are expected to negatively impact profits in the MedTech segment [4]. Group 3: Competitive Landscape - J&J's MedTech unit faces significant competition from major players like Medtronic, Abbott, Stryker, and Boston Scientific, each specializing in various medical technologies [4][5]. Group 4: Financial Performance and Valuation - J&J's shares have outperformed the industry with a year-to-date increase of 9.7%, compared to a 0.6% rise in the industry [6]. - The company's shares are reasonably priced, trading at a price/earnings ratio of 14.43, lower than the industry average of 14.99 and below its five-year mean of 15.73 [8]. - The Zacks Consensus Estimate for 2025 earnings has increased slightly from $10.60 to $10.62 per share over the past 30 days [10].
Is the Options Market Predicting a Spike in Solventum Stock?
ZACKS· 2025-07-07 14:01
Company Overview - Solventum Corporation (SOLV) is currently experiencing significant attention in the options market, particularly with the July 18, 2025 $40.00 Put option showing high implied volatility, indicating expectations of a substantial price movement [1] Implied Volatility Insights - Implied volatility reflects market expectations for future stock movement, suggesting that investors anticipate a major event that could lead to either a rally or a sell-off [2] - High implied volatility in options often indicates that traders are preparing for significant price changes in the underlying stock [2] Analyst Sentiment - Solventum holds a Zacks Rank 3 (Hold) within the Medical Services industry, which is positioned in the top 21% of the Zacks Industry Rank [3] - Over the past 60 days, two analysts have raised their earnings estimates for the current quarter, while one has lowered them, resulting in a consensus estimate increase from $1.38 to $1.45 per share [3] Trading Strategy Implications - The high implied volatility surrounding Solventum may present trading opportunities, as options traders often seek to sell premium on such options to capitalize on expected price stability at expiration [4]