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How to buy Hanger (HNGR) stocks in Canada
Learn how to easily invest in Hanger stocks.
Hanger is a medical care facilities business based in the US. Hanger stocks (HNGR.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $24.39 – an increase of 2.17% over the previous week. Hanger employs 4,700 staff and has a trailing 12-month revenue of around $1.1 billion.
How to buy shares in Hanger
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- Check in on your investment. Optimize your portfolio by tracking your stock.
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.
What's in this guide?
- Can I buy shares in Hanger?
- Has coronavirus impacted Hanger shares?
- Hanger shares summary
- Compare share dealing platforms
- Is Hanger stock a buy or sell?
- Hanger performance over time
- Are Hanger shares over-valued?
- Hanger's financials
- How volatile are Hanger shares?
- Does Hanger pay a dividend?
- Have Hanger shares ever split?
- Other common questions
How has Coronavirus impacted Hanger's stock price?
Since the stock market crash in March caused by coronavirus, Hanger's stock price has had significant negative movement.
Its last market close was $18.83, which is 23.58% down on its pre-crash value of $24.64 and 66.49% up on the lowest point reached during the March crash when the stocks fell as low as $11.31.
If you had bought $1,000 worth of Hanger stocks at the start of February 2020, those stocks would have been worth $540.32 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $774.29.
Hanger stock price (NYSE:HNGR)Use our graph to track the performance of HNGR stocks over time.
Hanger shares at a glance
|Latest market close||$18.83|
|52-week range||$16.16 - $26.69|
|50-day moving average||$18.25|
|200-day moving average||$22.15|
|Wall St. target price||$29.00|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$1.13|
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Note: The dollar amounts in the table below are in Canadian dollars.
Hanger price performance over time
|1 week (2022-01-06)||1.67%|
|1 month (2021-12-16)||10.63%|
|3 months (2021-10-14)||-0.89%|
|6 months (2021-07-16)||-20.21%|
|1 year (2021-01-15)||-18.06%|
|2 years (2020-01-16)||-29.55%|
|3 years (2019-01-16)||20.35|
|5 years (2017-01-13)||64.45%|
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 16x. In other words, Hanger shares trade at around 16x 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 (earnings before interest, taxes, depreciation and amortisation) is $110 million.
The EBITDA is a measure of a Hanger's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.1 billion|
|Operating margin TTM||7.14%|
|Gross profit TTM||$333.9 million|
|Return on assets TTM||5.11%|
|Return on equity TTM||72.26%|
|Market capitalisation||$713.4 million|
TTM: trailing 12 months
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 31 December 1990. 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 $16.16 up to $26.69. A popular way to gauge a stock's volatility is its "beta".
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 1.4009. 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, 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.
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