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How to buy Hanger (HNGR) stock

Learn how to easily invest in Hanger stock.

Hanger, Inc
NYSE: HNGR - USD
MEDICAL CARE FACILITIES
$0
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Hanger, Inc is a medical care facilities business based in the US. Hanger shares (HNGR) are listed on the NYSE and all prices are listed in US Dollars. Hanger employs 4,700 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Hanger

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – HNGR – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Hanger stock price (NYSE: HNGR)

Use our graph to track the performance of HNGR stocks over time.

Hanger shares at a glance

Information last updated 2021-07-23.
Latest market close$25.83
52-week range$15.51 - $26.68
50-day moving average $24.89
200-day moving average $23.98
Wall St. target price$29.00
PE ratio 18.4267
Dividend yield N/A (0%)
Earnings per share (TTM) $1.30

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Hanger stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Hanger price performance over time

Historical closes compared with the close of $25.83 from 2021-05-28

1 week (2021-07-15) N/A
1 month (2021-06-25) 5.90%
3 months (2021-04-26) 7.31%
6 months (2021-01-22) N/A
1 year (2020-07-22) N/A
2 years (2019-07-22) N/A
3 years (2018-07-22) N/A
5 years (2016-07-22) N/A

Is Hanger under- or over-valued?

Valuing Hanger stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hanger's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Hanger's P/E ratio

Hanger's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Hanger shares trade at around 18x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Hanger's PEG ratio

Hanger's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.71. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hanger's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Hanger's EBITDA

Hanger's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $96.2 million.

The EBITDA is a measure of a Hanger's overall financial performance and is widely used to measure a its profitability.

Hanger financials

Revenue TTM $1 billion
Operating margin TTM 6.19%
Gross profit TTM $333.9 million
Return on assets TTM 4.41%
Return on equity TTM 126.29%
Profit margin 5.04%
Book value $1.28
Market capitalisation $925.4 million

TTM: trailing 12 months

Shorting Hanger shares

There are currently 880,006 Hanger shares held short by investors – that's known as Hanger's "short interest". This figure is 20.8% down from 1.1 million last month.

There are a few different ways that this level of interest in shorting Hanger shares can be evaluated.

Hanger's "short interest ratio" (SIR)

Hanger's "short interest ratio" (SIR) is the quantity of Hanger shares currently shorted divided by the average quantity of Hanger shares traded daily (recently around 194691.59292035). Hanger's SIR currently stands at 4.52. In other words for every 100,000 Hanger shares traded daily on the market, roughly 4520 shares are currently held short.

However Hanger's short interest can also be evaluated against the total number of Hanger shares, or, against the total number of tradable Hanger shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hanger's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Hanger shares in existence, roughly 20 shares are currently held short) or 0.0242% of the tradable shares (for every 100,000 tradable Hanger shares, roughly 24 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Hanger.

Find out more about how you can short Hanger stock.

Hanger share dividends

We're not expecting Hanger to pay a dividend over the next 12 months.

Have Hanger's shares ever split?

Hanger's shares were split on a 1:4 basis on 1 January 1991. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Hanger shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Hanger shares which in turn could have impacted Hanger's share price.

Hanger share price volatility

Over the last 12 months, Hanger's shares have ranged in value from as little as $15.51 up to $26.68. A popular way to gauge a stock's volatility is its "beta".

HNGR.US volatility(beta: 1.67)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Hanger's is 1.6676. This would suggest that Hanger's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Hanger overview

Hanger, Inc. provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services. The Patient Care segment owns and operates Hanger clinic, which specializes in the design, fabrication, and delivery of custom O&P devices through patient care clinics and satellite locations; and provides payor network contracting services to other O&P providers. The Products & Services segment distributes O&P parts, componentry, and devices to independent O&P providers; and develops specialized rehabilitation technologies and provides evidence-based clinical programs for post-acute rehabilitation to patients at approximately 4,000 skilled nursing and post-acute providers. This segment also manufactures and sells therapeutic footwear for diabetic patients in the podiatric market. As of December 31, 2020, the company operated approximately 704 patient care clinics, and 112 satellite locations in 46 states and the District of Columbia.

Frequently asked questions

What percentage of Hanger is owned by insiders or institutions?
Currently 5.58% of Hanger shares are held by insiders and 97.439% by institutions.
How many people work for Hanger?
Latest data suggests 4,700 work at Hanger.
When does the fiscal year end for Hanger?
Hanger's fiscal year ends in December.
Where is Hanger based?
Hanger's address is: 10910 Domain Drive, Austin, TX, United States, 78758
What is Hanger's ISIN number?
Hanger's international securities identification number is: US41043F2083
What is Hanger's CUSIP number?
Hanger's Committee on Uniform Securities Identification Procedures number is: 41043F208

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