• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 464025 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1413856727 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1413856727 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Zynex Ranks the Highest in Terms of Forward Earnings Yield in the Health Care Equipment Industry (ZYXI, STJ, OFIX)

Published on Thu, 03/21/2013 - 10:25
By Mallory Stone

Below are the three companies in the Health Care Equipment industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Zynex (NASDAQ:ZYXI) is highest with forward earnings yield of 10.0%. Zynex Inc., through its subsidiary, markets electro therapy products which help improve life of patients who have functional disabilities. The Company's products include muscle stimulation, inferential, and TENS devices. Zynex products are intended for home use for stroke rehabilitation, spinal cord injury rehabilitation, incontinence, and other applications.

Zynex share prices have moved between a 52-week high of $1.01 and a 52-week low of $0.51 and are now trading 18% above that low price at $0.60 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has remained constant.

Following is St Jude Medical (NYSE:STJ) with forward earnings yield of 8.8%.

Finishing up the top three is Orthofix International (NASDAQ:OFIX), with forward earnings yield of 8.2%.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Tenaris: The Losing Streak Continues (TS...

Tenaris (NYSE:TS) traded at a new 52-week low today of $37.56. This new low was reache ...

Shares of TECO Energy Rise Above Previou...

TECO Energy (NYSE:TE) traded today at a new 52-week high of $18.78. This new high was ...

Shares of Teck Resources Fall to a New 5...

Teck Resources (NYSE:TCK) traded today at a new 52-week low of $15.15. This new low wa ...

Strayer Education Looks to Continue to T...

Strayer Education (NASDAQ:STRA) traded at a new 52-week high today of $67.03. Approxim ...

Shares of Sonic Rise to a New 52-Week Hi...

Sonic (NASDAQ:SONC) traded at a new 52-week high today of $24.00. This new high was re ...

Shares of Cia Siderurgica Nacional Fall ...

Cia Siderurgica Nacional (NYSE:SID) traded today at a new 52-week low of $3.32. Approx ...

Shares of Steven Madden Fall Below Previ...

Shares of Steven Madden (NASDAQ:SHOO) traded today at $28.02, breaking its 52-week low. ...

Shares of SAP Fall to a New 52-Week Low...

SAP (NYSE:SAP) traded today at a new 52-week low of $64.10. Approximately 2.3 million ...