Hologic, Medtronic plc, Hill Rom Holdings, The Cooper Companies, Cantel Medical Corp, Boston Scientific Corporation, Becton Dickinson and Company, and Baxter International" name="Description" /> Hologic, Medtronic plc, Hill Rom Holdings, The Cooper Companies, Cantel Medical Corp, Boston Scientific Corporation, Becton Dickinson and Company, and Baxter International" /> Hologic, Medtronic plc, Hill Rom Holdings, The Cooper Companies, Cantel Medical Corp, Boston Scientific Corporation, Becton Dickinson and Company, and Baxter International" />

The Top 8 Medical Equipment stocks to own in August 2019

Today I will analyze 8 Medical Equipment isntruments to have in your portfolio in August 2019. I will break down the following equities: Hologic, Medtronic plc, Hill Rom Holdings, The Cooper Companies, Cantel Medical Corp, Boston Scientific Corporation, Becton Dickinson and Company, and Baxter International
Published over a year ago
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Reviewed by Michael Smolkin

This list of potential positions covers USA Equities from Medical Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions in USA. Please note, we provide buy hold or sell recommendation only in the context of selected investment horizon assuming investor has average attitude towards taking risk. Please also consider using Portfolio Positions Ratings and Equity Ratings tools to further calibrate your research.
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Hologic (HOLX)

The company has return on total asset (ROA) of 0.0649 % which means that it generated a profit of $0.0649 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1057 %, meaning that it created $0.1057 on every $100 dollars invested by stockholders. Hologic's management efficiency ratios could be used to measure how well Hologic manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.09 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, Hologic's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 5.1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 3 B in 2024. The entity currently falls under 'Large-Cap' category with a current market capitalization of 17.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hologic's market, we take the total number of its shares issued and multiply it by Hologic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Medtronic PLC (MDT)

The company has Return on Asset of 0.0423 % which means that on every $100 spent on assets, it made $0.0423 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0817 %, implying that it generated $0.0817 on every 100 dollars invested. Medtronic PLC's management efficiency ratios could be used to measure how well Medtronic PLC manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to 0.05 in 2024. Return On Assets is likely to drop to 0.04 in 2024. Total Current Liabilities is likely to gain to about 10.9 B in 2024. Liabilities And Stockholders Equity is likely to gain to about 109.8 B in 2024The entity currently falls under 'Mega-Cap' category with a total capitalization of 111.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Medtronic PLC's market, we take the total number of its shares issued and multiply it by Medtronic PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

29.42 Billion

At this time, Medtronic PLC's Short and Long Term Debt Total is comparatively stable compared to the past year.

Hill Rom Holdings (HRC)

The company has Return on Asset of 6.13 % which means that on every $100 spent on assets, it made $6.13 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 13.78 %, implying that it generated $13.78 on every 100 dollars invested. Hill Rom's management efficiency ratios could be used to measure how well Hill Rom manages its routine affairs as well as how well it operates its assets and liabilities. The firm currently falls under 'Large-Cap' category with a total capitalization of 10.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hill Rom's market, we take the total number of its shares issued and multiply it by Hill Rom's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

The Cooper Companies (COO)

The company has Return on Asset of 0.0269 % which means that on every $100 spent on assets, it made $0.0269 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0387 %, implying that it generated $0.0387 on every 100 dollars invested. Cooper Companies' management efficiency ratios could be used to measure how well Cooper Companies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to grow to 0.05. Also, Return On Assets is likely to grow to 0.03. As of the 28th of March 2024, Total Assets is likely to grow to about 14.1 B. Also, Non Current Assets Total is likely to grow to about 12 BThe firm currently falls under 'Large-Cap' category with a total capitalization of 20.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cooper Companies's market, we take the total number of its shares issued and multiply it by Cooper Companies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

3.1 Billion

At this time, Cooper Companies' Short and Long Term Debt Total is very stable compared to the past year.

CMD (CMD)

CMD [CMD] is traded in USA and was established November 24, 2008. The fund is classified under Trading--Inverse Commodities category within ProShares family. This fund currently have 7 M in assets under management (AUM). CMD is currently generating return of -17.1%, while the total return for the last 3 years was -27.82%.

Boston Scientific Corp (BSX)

The company has Return on Asset of 0.0447 % which means that on every $100 spent on assets, it made $0.0447 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0858 %, implying that it generated $0.0858 on every 100 dollars invested. Boston Scientific's management efficiency ratios could be used to measure how well Boston Scientific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Boston Scientific's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to rise to 0.05 in 2024, whereas Return On Equity is likely to drop 0.06 in 2024. At this time, Boston Scientific's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 30.1 B in 2024, whereas Total Current Assets are likely to drop slightly above 3.3 B in 2024. The entity currently falls under 'Large-Cap' category with a total capitalization of 99.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Boston Scientific's market, we take the total number of its shares issued and multiply it by Boston Scientific's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

9.97 Billion

At this time, Boston Scientific's Short and Long Term Debt Total is fairly stable compared to the past year.

Becton Dickinson And (BDX)

The company has Return on Asset of 0.0312 % which means that on every $100 spent on assets, it made $0.0312 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0513 %, implying that it generated $0.0513 on every 100 dollars invested. Becton Dickinson's management efficiency ratios could be used to measure how well Becton Dickinson manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to 0.05 in 2024. Return On Assets is likely to drop to 0.03 in 2024. At this time, Becton Dickinson's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 53.3 B in 2024, whereas Intangible Assets are likely to drop slightly above 603.1 M in 2024. The entity currently falls under 'Large-Cap' category with a total capitalization of 69.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Becton Dickinson's market, we take the total number of its shares issued and multiply it by Becton Dickinson's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Becton Dickinson And shows a prevailing Real Value of $250.43 per share. The current price of the firm is $246.53. Our model approximates the value of Becton Dickinson And from analyzing the firm fundamentals such as return on equity of 0.0513, and Profit Margin of 0.06 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor acquiring undervalued instruments and dropping overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

Baxter International (BAX)

The company has Return on Asset of 0.0334 % which means that on every $100 spent on assets, it made $0.0334 of profit. This is way below average. Baxter International's management efficiency ratios could be used to measure how well Baxter International manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.33 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. At this time, Baxter International's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to rise to about 6.4 B in 2024, whereas Total Assets are likely to drop slightly above 16.2 B in 2024. This firm currently falls under 'Large-Cap' category with a total capitalization of 21.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Baxter International's market, we take the total number of its shares issued and multiply it by Baxter International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

15.08 Billion

At this time, Baxter International's Short and Long Term Debt Total is fairly stable compared to the past year.

Current Medical Equipment Recommendations


How important is Macroaxis's Liquidity

Macroaxis financial leverage refers to using borrowed capital as a funding source to finance Macroaxis ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Macroaxis financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Macroaxis' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Macroaxis' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Macroaxis's total debt and its cash.

Macroaxis Gross Profit

Macroaxis Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Macroaxis previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Macroaxis Gross Profit growth over the last 10 years. Please check Macroaxis' gross profit and other fundamental indicators for more details.
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Hologic (HOLX)

The company has return on total asset (ROA) of 0.0649 % which means that it generated a profit of $0.0649 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1057 %, meaning that it created $0.1057 on every $100 dollars invested by stockholders. Hologic's management efficiency ratios could be used to measure how well Hologic manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.09 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, Hologic's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 5.1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 3 B in 2024. The entity currently falls under 'Large-Cap' category with a current market capitalization of 17.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hologic's market, we take the total number of its shares issued and multiply it by Hologic's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Medtronic PLC (MDT)

The company has Return on Asset of 0.0423 % which means that on every $100 spent on assets, it made $0.0423 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0817 %, implying that it generated $0.0817 on every 100 dollars invested. Medtronic PLC's management efficiency ratios could be used to measure how well Medtronic PLC manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to 0.05 in 2024. Return On Assets is likely to drop to 0.04 in 2024. Total Current Liabilities is likely to gain to about 10.9 B in 2024. Liabilities And Stockholders Equity is likely to gain to about 109.8 B in 2024The entity currently falls under 'Mega-Cap' category with a total capitalization of 111.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Medtronic PLC's market, we take the total number of its shares issued and multiply it by Medtronic PLC's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

29.42 Billion

At this time, Medtronic PLC's Short and Long Term Debt Total is comparatively stable compared to the past year.

Hill Rom Holdings (HRC)

The company has Return on Asset of 6.13 % which means that on every $100 spent on assets, it made $6.13 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 13.78 %, implying that it generated $13.78 on every 100 dollars invested. Hill Rom's management efficiency ratios could be used to measure how well Hill Rom manages its routine affairs as well as how well it operates its assets and liabilities. The firm currently falls under 'Large-Cap' category with a total capitalization of 10.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hill Rom's market, we take the total number of its shares issued and multiply it by Hill Rom's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

The Cooper Companies (COO)

The company has Return on Asset of 0.0269 % which means that on every $100 spent on assets, it made $0.0269 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0387 %, implying that it generated $0.0387 on every 100 dollars invested. Cooper Companies' management efficiency ratios could be used to measure how well Cooper Companies manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to grow to 0.05. Also, Return On Assets is likely to grow to 0.03. As of the 28th of March 2024, Total Assets is likely to grow to about 14.1 B. Also, Non Current Assets Total is likely to grow to about 12 BThe firm currently falls under 'Large-Cap' category with a total capitalization of 20.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cooper Companies's market, we take the total number of its shares issued and multiply it by Cooper Companies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

3.1 Billion

At this time, Cooper Companies' Short and Long Term Debt Total is very stable compared to the past year.

CMD (CMD)

CMD [CMD] is traded in USA and was established November 24, 2008. The fund is classified under Trading--Inverse Commodities category within ProShares family. This fund currently have 7 M in assets under management (AUM). CMD is currently generating return of -17.1%, while the total return for the last 3 years was -27.82%.

Boston Scientific Corp (BSX)

The company has Return on Asset of 0.0447 % which means that on every $100 spent on assets, it made $0.0447 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0858 %, implying that it generated $0.0858 on every 100 dollars invested. Boston Scientific's management efficiency ratios could be used to measure how well Boston Scientific manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Boston Scientific's Return On Capital Employed is fairly stable compared to the past year. Return On Assets is likely to rise to 0.05 in 2024, whereas Return On Equity is likely to drop 0.06 in 2024. At this time, Boston Scientific's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 30.1 B in 2024, whereas Total Current Assets are likely to drop slightly above 3.3 B in 2024. The entity currently falls under 'Large-Cap' category with a total capitalization of 99.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Boston Scientific's market, we take the total number of its shares issued and multiply it by Boston Scientific's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

9.97 Billion

At this time, Boston Scientific's Short and Long Term Debt Total is fairly stable compared to the past year.

Becton Dickinson And (BDX)

The company has Return on Asset of 0.0312 % which means that on every $100 spent on assets, it made $0.0312 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0513 %, implying that it generated $0.0513 on every 100 dollars invested. Becton Dickinson's management efficiency ratios could be used to measure how well Becton Dickinson manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to drop to 0.05 in 2024. Return On Assets is likely to drop to 0.03 in 2024. At this time, Becton Dickinson's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 53.3 B in 2024, whereas Intangible Assets are likely to drop slightly above 603.1 M in 2024. The entity currently falls under 'Large-Cap' category with a total capitalization of 69.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Becton Dickinson's market, we take the total number of its shares issued and multiply it by Becton Dickinson's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. At this time, the firm appears to be fairly valued. Becton Dickinson And shows a prevailing Real Value of $250.43 per share. The current price of the firm is $246.53. Our model approximates the value of Becton Dickinson And from analyzing the firm fundamentals such as return on equity of 0.0513, and Profit Margin of 0.06 % as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor acquiring undervalued instruments and dropping overvalued instruments since, at some point, asset prices and their ongoing real values will blend.

Baxter International (BAX)

The company has Return on Asset of 0.0334 % which means that on every $100 spent on assets, it made $0.0334 of profit. This is way below average. Baxter International's management efficiency ratios could be used to measure how well Baxter International manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to rise to 0.33 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. At this time, Baxter International's Non Currrent Assets Other are fairly stable compared to the past year. Intangible Assets is likely to rise to about 6.4 B in 2024, whereas Total Assets are likely to drop slightly above 16.2 B in 2024. This firm currently falls under 'Large-Cap' category with a total capitalization of 21.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Baxter International's market, we take the total number of its shares issued and multiply it by Baxter International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Short Long Term Debt Total

15.08 Billion

At this time, Baxter International's Short and Long Term Debt Total is fairly stable compared to the past year.

Current Medical Equipment Recommendations

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