Baby Boom an Investor Boon? - Industry Outlook
August 16 2013 - 4:20AM
Zacks
Baby Boom an Investor Boon?
Millions of Americans, commonly identified by their number and
youth, are now facing the challenges of age. Yes, the “baby
boomers” are far from the babies they once were, and their needs
are having an economic impact on the health care industry.
Specifically, the Outpatient and Home Care Industry is seeing
revitalization as many seniors seek solutions which help with the
challenges they face. Gaining 68 positions last week, this
sector of 16 companies now sits at a Zack’s Industry Rank of #39
out of 260 industries. These businesses have recently seen 33
positive earnings estimate revisions compared to 13 negative
revisions, averaging a positive Earnings per Share (EPS) surprise
of +35%.
Adding to the sheer volume of elderly is the rising age to which
the population is living. With life expectancy topping 80
years and climbing, the amount of time individuals may be in need
of these services is also a factor in the sector’s growth.
Both of the following service providers have been upgraded this
week to a Zacks Rank #1 (Strong Buy). An upgrade in rank from a Buy
or Hold to a Strong Buy demonstrates that a given stock may be
gaining value following future positive earnings estimate
revisions. By combining specific stock performance with
perspective related to the industry as a whole, these movements may
provide investors with additional insight into their
portfolio. Each of these stocks also hold a long-term Zacks
“Outperform” rating.
And these companies know, taking care of others means taking
care of business.
Addus Home Care (ADUS)
ADDUS was upgraded to a Zacks Rank #1 (Strong Buy) last week
from #2 (Buy). Its next expected earnings report is on
November 7, 2013.
Addus Home Care is a comprehensive provider of a broad range of
social and medical services in the home. The company's services
include personal care and assistance with activities of daily
living, skilled nursing and rehabilitative therapies, and adult day
care. Its consumers are individuals with special needs who are at
risk of hospitalization or institutionalization, such as the
elderly, chronically ill and disabled. Adding to its outlook
are existing relationships with federal, state and local
governmental agencies, the Veterans Health Administration,
commercial insurers and private individuals.
ADUS’s most recent quarterly earnings surprise was +15%.
LCA-Vision (LCAV)
LCAV is a Zacks Rank #1 (Strong Buy). It moved up from a
Zacks Rank #2 (Buy) just last week. This company reports
quarterly earnings on October 29, 2013.
LCA-Vision Inc., a leading provider of laser vision correction
services, owns and operates 58 LasikPlus vision centers in the
United States. While declines in annual procedures numbers
are important to watch, cost cutting measures and increases in
efficiency have increased profits per procedure, boosting
earnings.
LCAV’s most recent earnings surprise was strong +118%.
ADDUS HOMECARE (ADUS): Free Stock Analysis Report
LCA-VISION INC (LCAV): Free Stock Analysis Report
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