Sonic Healthcare (SKHHY) Projected to Announce Earnings on Thursday

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

Sonic Healthcare Stock Up 1.1%

SKHHY stock opened at $16.13 on Tuesday. Sonic Healthcare has a 1 year low of $12.94 and a 1 year high of $19.25. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.90 and a current ratio of 1.01. The stock’s fifty day moving average price is $14.82 and its 200-day moving average price is $14.72.

Analyst Ratings Changes

Separately, Zacks Research cut Sonic Healthcare from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 22nd. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus 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.