Bull of the Day: Air Methods (AIRM) - Bull of the Day
April 11 2013 - 11:47PM
Zacks
Air Methods ( AIRM
- Snapshot Report ) is a high-speed enterprise in the
business of saving lives. Deploying a fleet of hundreds of
helicopters and airplanes in 48 states, Air Methods is the number
one provider of medical emergency air transport services.
AIRM became a Zacks #1 Rank (Strong Buy) stock last
month after analysts raised the current quarter EPS estimate by
10%, the full year 2013 by 8.4%, and 2014 by a whopping 20%.
This kind of earnings momentum is not new for Air
Methods either. For the last five years, the company has grown
revenues by 13% annually and profits by a stunning 38%.
Here's the Zacks proprietary Price & Consensus chart which
shows how the stock has been tracking Wall Street growth
projections.
![](http://staticzacks.net/images/zacks/blogs/1365711124_scaled_425.jpg)
Though the EPS growth is forecast to slow down somewhat,
mid-teens top and bottom line appreciation is still attracting
institutional growth investors.
Who Would You Hire?
Right now, Air Methods owns this industry. With two
divisions that concentrate on their area of expertise, they appear
poised to dominate vs all other competition.
The Air Medical Service Division offers their
clients helicopters and airplanes equipped with medical interiors
for flights from the scene of an accident or general hospital to a
trauma center. The Products Division designs, manufactures, and
installs aircraft medical interiors and other aerospace products in
aircraft from Bell Helicopter, a Textron company (
TXT - Analyst
Report ) .
For hospitals and trauma centers from Alaska to Key
West, Air Methods' 300 bases of operation offer timely, quality
emergency transport. For major medical facilities who must have
these services, the choice is clear.
Just the Good Kinds of Surprises
What kind of surprises do we want from the public
companies we invest in? Earnings surprises, of course. Here's a
look AIRM's consistent history of beating the Street.
![](%20http://staticzacks.net/images/zacks/blogs/1365711152_scaled_425.jpg)
Another good surprise is new business opportunities
and revenues. On March 4, AIRM announced that its United Rotorcraft
Division has been awarded a contract in excess of $44 million from
Sikorsky Aircraft Corporation, a United Technologies company
( UTX - Analyst
Report ) , for MEDEVAC Interior Systems installed on new HH-60M
BLACK HAWK helicopters.
And being dependable as a key element of the
life-saving business reduces one area of surprises that medical
professionals have to deal with. Since 1980, Air Methods has built
its reputation on a commitment to quality patient care and safety
in aviation operations.
AIRM is on flight path of dominance that should
continue to grow in an industry vital to modern society. Keep them
on your radar as we have here at Zacks for years.
Kevin Cook is a Senior Stock Strategist with
Zacks.com
AIR METHODS CRP (AIRM): Free Stock Analysis Report
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