Tom Werner/DigitalVision via Getty Images Synopsis Adtalem Global Education (NYSE:ATGE) is a leader in post-secondary education. It is also a leading provider of talent to the healthcare industry. ATGE’s past three years have reported robust revenue growth. In addition, on an adjusted basis, its profit margins have remained robust over the same period. For its…
Trevor Williams Introduction Recently, I published an article where I briefly discussed the healthcare sector and its driving investment theses. After that, I’ve felt myself wanting to dive deeper into healthcare specifically. This has led me to the SPDR Healthcare Sector ETF (NYSEARCA:XLV), which holds the healthcare components of the S&P 500. This sector covers…
Diversified Healthcare Trust (NASDAQ:DHC) Q1 2024 Earnings Call Transcript May 7, 2024 10:00 AM ET Company Participants Kevin Brady – Director of Investor RelationsChris Bilotto – President and Chief Executive OfficerMatthew Brown – Chief Financial Officer Conference Call Participants Bryan Maher – B. Riley SecuritiesAaron Hecht – Citizens JMP Operator Good morning, and welcome to…
JillLang I’ve been buying Healthcare Realty Trust (NYSE:HR) in recent weeks as REITs pulled back in response to sticky inflation numbers and comments from the Fed that they’re willing to keep base interest rates higher for longer. HR is an internally managed medical office building (“MOB”) REIT with a 688-property portfolio at the end of…
Richard Drury Introduction Healthcare REITs have held strong, more so than their retail peers over the past year. Those like CareTrust REIT (CTRE), Omega Healthcare Investors (OHI), and Sabra Health Care REIT (SBRA) are all in the green. But there is one REIT in the healthcare sector, Healthpeak Properties (NYSE:DOC) whose share price decline double-digits…
CRISPR Therapeutics AG (NASDAQ:CRSP) Annual Needham Virtual Healthcare Conference Call April 10, 2024 11:45 AM ET Company Participants Samarth Kulkarni – Chief Executive Officer and Chairman Conference Call Participants Gil Blum – Needham & Company Gil Blum Good morning, everyone, and thank you for joining us on the Third Day of the Needham Healthcare Conference….
123light/E+ via Getty Images MSP Recovery (NASDAQ:LIFW) has had a turbulent history since its 2022 SPAC merger which initially valued the healthcare claims recovery specialist at $37 billion. A string of disappointing results failed to justify that lofty valuation, and some ongoing legal disputes have driven shares to a nearly catastrophic 90% decline over the…
Wavebreakmedia/iStock via Getty Images Previous Thesis I last covered Care Trust REIT (NYSE:CTRE) here on Seeking Alpha back in November. I thought the stock was a safer alternative to another healthcare REIT that is a favorite amongst dividend investors, Omega Healthcare Investors (OHI). Since that article published CTRE is up nearly 20%, so investors who…
Moderna, Inc. (NASDAQ:MRNA) Barclays 26th Annual Global Healthcare Conference Call March 12, 2024 2:35 PM ET Company Participants Lavina Talukdar – Senior Vice President and Head, Investor Relations Conference Call Participants Gena Wang – Barclays Gena Wang Welcome to Barclays Global Healthcare Conference. My name is Gena Wang. I cover SMID cap biotech. It is…
izusek Late last year, after seeing shares drop relative to the S&P 500, I decided to revisit GE HealthCare Technologies (NASDAQ:GEHC), an entity that was previously spun off from industrial conglomerate General Electric (GE) in early 2023. At that time, I reiterated my ‘strong buy’ rating, which is a rating I assigned companies that I…
FatCamera/E+ via Getty Images Introduction RCM Technologies (RCMT) is going to announce FY23 results on March 13th post-market (according to SA), so I wanted to check back in with the company and see how it has progressed throughout the year, and what to expect in Q4. The company’s financials have been relatively strong, with slight…
PM Images Over the previous year, shares of Omega Healthcare Investors (NYSE:OHI) reached $34.77 in October before retracing roughly -19.5% to the $28 level going into Q4 2023 earnings. While the past decade has been full of ups and downs as shares traded above $40 and under $25, they have ultimately declined by -1.94%. The…
Wipada Wipawin Fanhua Inc. (NASDAQ:FANH) will use up to $500 million in new investment from Singapore’s White Group on acquisitions to boost its telehealth and medical robot capabilities as it diversifies beyond its core Chinese insurance brokerage business, the company said on Tuesday. Fanhua and White Group signed a framework agreement for the investment of…
alvarez/E+ via Getty Images Aberdeen has already made some big moves since taking over the management of four of the previously managed Tekla healthcare and biotechnology CEFs on October 27th, 2023. Perhaps the biggest change came just the other day on February 9th when distribution declarations for February were announced and Aberdeen increased the distributions…
Phiwath Jittamas Shares of American Healthcare REIT (NYSE:AHR) have seen a successful public debut, as optimism about 2024 interest rate cuts provided some relieve among investors early into the year. While there has been optimism on rate cuts moving down a bit in recent weeks, shares were priced on the lower end of the preliminary…
Maxxa_Satori Omega Healthcare Investors, Inc. (NYSE:OHI) is expected to report its Q4 earnings after-hours on Wednesday, February 7th. Analysts expect the company to report Funds From Operations [FFO] per share of 32 cents on the back of $207.21 million in revenue. My most recent coverage of Omega Healthcare was in August 2023 when I rated…
malerapaso Introduction Last year, I started covering drug manufacturing giant Amgen Inc. (NASDAQ:AMGN). On June 30, I wrote an article titled “Amgen: A Healthcare Bargain With A 4% Yield.” Since then, shares are up 41%, beating the 9.5% performance of the S&P 500 (SP500) by a wide margin. This rally restored the company’s longer-term performance,…
Yuichiro Chino/Moment via Getty Images Introduction It’s finally time for me to cover Illumina Inc. (NASDAQ:ILMN), which may very well be one of the most hated stocks in healthcare. Going back to 2010, ILMN has returned 338%, which underperforms both the S&P 500 and the Health Care Select Sector SPDR ETF (XLV) by a wide…
putilich Premier, Inc. (NASDAQ:PINC) brings a collaborative business model with SaaS-based clinical and financial software as well as an aggressive M&A strategy. I also believe that the recent strategic initiatives, restructuring efforts, and recent acquisitions could bring significant financial performance improvement in the coming years. There are several risks out there from goodwill impairments or…
JHVEPhoto Pfizer Inc. (NYSE:PFE) stock has continued to reel from the exhaustion of COVID dollars. Specifically, the 2023 downturn has been primarily dragged by a faster-than-expected normalization of Comirnaty vaccine and Paxlovid COVID treatment uptakes. In addition to the $5.6 billion write-off on Paxlovid/Comirnaty inventory in Q3, management has also provided a weaker-than-expected guidance for…
Intuitive Surgical, Inc. (NASDAQ:ISRG) JPMorgan Healthcare Conference Call January 10, 2024 12:00 PM ET Company Participants Gary Guthart – CEO & Director Brian King – Head, IR Jamie Samath – SVP & CFO Conference Call Participants Robert Marcus – JPMorgan Chase & Co. Robert Marcus Good morning, everyone. Happy to continue day 3 of the…
AbbVie Inc. (NYSE:ABBV) J.P. Morgan 42nd Annual Healthcare Conference January 10, 2024 11:15 AM ET Company Participants Rob Michael – President and Chief Operating Officer Jeff Stewart – Chief Commercial Officer Roopal Thakkar – Chief Medical Officer Conference Call Participants Chris Schott – J.P.Morgan Chris Schott Good morning, everybody. I’m Chris Schott at J.P.Morgan, and…
Editas Medicine, Inc. (NASDAQ:EDIT) J.P. Morgan 42nd Annual Healthcare Conference January 9, 2024 7:30 PM ET Company Participants Gilmore O’Neill – CEO Baisong Mei – CMO Erick Lucera – CFO Conference Call Participants Brian Cheng – J.P. Morgan Brian Cheng Good afternoon. Thanks for joining us for another session at the 42nd J.P. Morgan Healthcare…
Teladoc Health, Inc. (NYSE:TDOC) 42nd Annual JPMorgan Healthcare Conference January 9, 2024 4:30 PM ET Company Participants Jason Gorevic – CEO Conference Call Participants Lisa Gill – JPMorgan Lisa Gill Good afternoon. My name is Lisa Gill, and I am the Head of Healthcare Services at JPMorgan. With me this afternoon, I have Teladoc Health….
Cardinal Health, Inc. (NYSE:CAH) J.P. Morgan 42nd Annual Healthcare Conference January 9, 2024 5:15 PM ET Company Participants Lisa Gill – Managing Director at JPMorgan Conference Call Participants Jason Hollar – CEO Aaron Alt – CFO Lisa Gill Good afternoon and thank you for joining us. My name is Lisa Gill and I head the…
Revvity, Inc. (NYSE:RVTY) 42nd Annual J.P. Morgan Healthcare Conference January 9, 2024 1:30 PM ET Company Participants Prahlad Singh – President and Chief Executive Officer Conference Call Participants Rachel Vatnsdal – JPMorgan Chase & Co. Rachel Vatnsdal Hi, good afternoon, everyone. This is Rachel Vatnsdal from the Life Science Tools and Diagnostics team here at…
Thermo Fisher Scientific, Inc. (NYSE:TMO) 42nd Annual J.P. Morgan Healthcare Conference January 9, 2023 11:15 AM ET Company Participants Marc Casper – Chief Executive Officer Conference Call Participants Rachel Vatnsdal – J.P. Morgan Rachel Vatnsdal Perfect. Good morning everyone. This is Rachel Vatnsdal from the Life Science Tools and Diagnostics team here at J.P. Morgan….
NVIDIA Corporation (NASDAQ:NVDA) J.P. Morgan 42nd Annual Healthcare Conference January 8, 2024 1:30 PM ET Company Participants Kimberly Powell – Vice President of Healthcare Conference Call Participants Harlan Sur – J.P. Morgan Harlan Sur All right. Good morning. And welcome to the first day of J.P. Morgan’s 42nd Annual Healthcare Conference here in San Francisco….
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Merck & Co., Inc. (NYSE:MRK) Goldman Sachs Healthcare C-Suite Unscripted Conference January 4, 2024 ET Company Participants Peter Dannenbaum – Head, IR Rob Davis – CEO Conference Call Participants Chris Shibutani – Goldman Sachs Chris Shibutani I suspect that people are going to be strolling in, but I don’t like to penalize people who are…
Like so many industries today, the medical sector is seeing increasing global engagement. Patients aren’t just limited to the health and dental care that’s available on their doorstep. Medical facilities can effectively connect to consumers from across the planet. This has created a thriving medical tourism market. It should come as no surprise that greater…
airdone The healthcare sector is chock-full of lucrative opportunities ranging from highly speculative biotech plays to blue-chip dividend aristocrats. I have an interest in the full spectrum of healthcare tickers and have a curiosity about every industry in the sector attempting to find every possible linkage to the highly profitable sector. However, I have ventured…
PM Images While other REITs were declining throughout the summer and fall months, Omega Healthcare Investors, Inc. (NYSE:OHI) bounced off its 52-week low of $25.61 and rebounded to $34.77. Things took a turn, and while the markets rallied into the Fed meeting and after Jerome Powell’s speech, shares of OHI retraced from their 52-week highs….
Nastassia Samal Investors in search of stability and growth frequently turn to exchange-traded funds (ETFs) as a tactical method to diversify their portfolios. In addition, ETFs can be a great way to hedge as well as gain exposure to a hyper-competitive or volatile industry. One such ETF that has garnered praise since its inception is…
izusek/E+ via Getty Images When you start learning about finance, one of the first misconceptions that you stumble across is that the market is perfectly efficient or pretty close to it. Legendary investors like Warren Buffett, Peter Lynch, and countless others who follow the value school of investing ideology, have proven this idea to be…
Getty Images Investment thesis I initiate my coverage of GE HealthCare Technologies Inc. (NASDAQ:GEHC) and rate shares a “Sell/Avoid” as I see no upside for the next 24 months, with shares priced at an undeserved premium while the company is facing significant competition resulting in market share losses. Meanwhile, management does not seem to acknowledge…
Scharvik/iStock via Getty Images Note: All amounts discussed are in Canadian dollars. All quotes and prices refer to the TSX. On our last coverage of NorthWest Healthcare Properties Real Estate Investment Trust (TSX:NWH.UN:CA) (OTC:NWHUF) we upgraded the beleaguered REIT from a “Sell”, while noting that the upgrade only meant that the downside risks had reduced,…
Bionano Genomics, Inc. (NASDAQ:BNGO) Stifel Healthcare Conference Call November 15, 2023 1:50 PM ET Company Participants Erik Holmlin – CEO Conference Call Participants Dan Arias – Stifel Dan Arias Okay. Welcome back to the 2023 Stifel Healthcare Conference Day Two. We are on the life sciences and diagnostics track here. I am Dan Arias. I’m…
Novavax, Inc. (NASDAQ:NVAX) Jefferies London Healthcare Conference November 15, 2023 4:00 AM ET Company Participants Roger Song – Jefferies Conference Call Participants John Jacob – President & CEO Filip Dubovsky – President of Research and Development Jim Kelly – EVP & CFO Roger Song All right. Good morning, everyone. Welcome to day two at Jefferies…
Editas Medicine, Inc. (NASDAQ:EDIT) Stifel 2023 Healthcare Conference November 14, 2023 1:50 PM ET Company Participants Erick Lucera – EVP, CFO Cristi Barnett – VP, Corporate Communications and IR Conference Call Participants Dae Gon Ha – Stifel Dae Gon Ha Okay, let’s go ahead and get started with the next session. Thanks everyone for joining…
Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) Jefferies Global Healthcare Conference Call November 14, 2023 3:30 AM ET Company Participants Stuart Arbuckle – Executive Vice President and Chief Operating Officer Conference Call Participants Michael Yee – Jefferies Michael Yee All right. Good morning, everybody. Thank you for joining us here on a beautiful morning session here at the…
JARAMA Omega Healthcare Investors, Inc. (NYSE:OHI) displayed a mixed financial performance in Q3 2023, marked by a slight decrease in net income, attributed to increased expenses and reduced income from unconsolidated joint ventures. The company’s Nareit Funds From Operations (FFO) and Funds Available for Distribution (FAD) showed a marginal increase, signaling a stable operating performance….
Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) Q3 2023 Earnings Conference Call November 9, 2023 10:00 AM ET Company Participants Shannon Drake – Chief Legal Officer Jeffrey Shaner – Chief Executive Officer David Afshar – Chief Financial Officer Matt Buckhalter – Interim Chief Financial Officer Debbie Stewart – Chief Accounting Officer Conference Call Participants Operator Good morning…
Cross Country Healthcare, Inc. (NASDAQ:CCRN) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Josh Vogel – Vice President of Investor Relations John Martins – President and Chief Executive Officer Bill Burns – Chief Financial Officer Dan White – Chief Commercial Officer Marc Krug – Group President of Delivery Conference Call…
FatCamera Investment action I recommended a buy rating for Molina Healthcare, Inc. (NYSE:MOH) when I wrote about it the last time, driven by my belief that the market was undervaluing its evident potential for growth. After a thorough review of MOH’s third quarter results, my conviction has only strengthened. The company has showcased robust growth,…
Healthcare Services Group, Inc. (NASDAQ:HCSG) Q3 2023 Earnings Conference Call October 25, 2023 8:30 AM ET Company Participants Ted Wahl – President and Chief Executive Officer Matt McKee – Chief Communications Officer Conference Call Participants Sean Dodge – RBC Capital Markets Andy Wittmann – Robert W. Baird Jack Senft – William Blair Operator Good morning….
Hispanolistic Healthcare Realty Trust (NYSE:HR) is a REIT primarily focused on outpatient healthcare services in the United States. The company was established in 1992 and its shares have been publicly traded since 1993. The very long-term stock chart shows how actually the stock is trading in the red since its IPO, which is obviously not…
manassanant pamai This monthly article series shows a dashboard with aggregate industry metrics in healthcare. It may also serve as a top-down analysis of a number of healthcare ETFs like Health Care Select Sector SPDR® Fund ETF (XLV) and iShares U.S. Healthcare Providers ETF (NYSEARCA:IHF), whose largest holdings are used to calculate these metrics. Shortcut…
Healthcare organizations are struggling to keep up with higher volume and increasing variety of data, it is challenging to organize the data properly. Using generative AI, Microsoft will help with that. Microsoft Corporation (NASDAQ: MSFT) has introduced a line of new AI products aimed at helping healthcare organizations “stay focused on improving patient and clinician…
While it is unclear if Campbell’s departure is related to the continued battle between Ripple and the United States, there are no indications of such. Ripple CFO Kristina Campbell has departed from the company to become the CFO at the virtual healthcare provider Maven Clinic, marking a significant shift in her career. Campbell expressed her…