Sonic Healthcare (SKHHY) to Post Earnings on Thursday

Sonic Healthcare (OTCMKTS:SKHHY) is anticipated to announce its results before the market opens on Thursday, August 20th. Analysts expect the company to post earnings of $0.4619 per share and revenue of $3.8006 billion for the quarter.

Sonic Healthcare Stock Up 0.4%

Shares of SKHHY opened at $16.20 on Wednesday. The business has a 50-day moving average of $14.86 and a 200-day moving average of $14.72. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.90 and a current ratio of 1.01. Sonic Healthcare has a 1 year low of $12.94 and a 1 year high of $19.25.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, Sonic Healthcare has an average rating of “Sell”.

About Sonic Healthcare

Sonic Healthcare (OTCMKTS:SKHHY) is a global provider of medical diagnostics services, specializing in pathology and radiology. Established in 1987 and headquartered in Sydney, Australia, the company has grown into one of the largest laboratory networks in the world. Its ordinary shares trade on the Australian Securities Exchange, and its American Depositary Receipts trade over the counter under the symbol SKHHY.

The company offers a broad range of clinical pathology services, including anatomic pathology, clinical chemistry, hematology, microbiology and molecular diagnostics.