This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

HNGR Stock Overview

Hanger, Inc. provides orthotic and prosthetic (O&P) services in the United States. More details

HNGR fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	4/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings grew by 25.5% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

Hanger, Inc. Competitors

National HealthCare

NYSEAM:NHC

US$1.5b

U.S. Physical Therapy

NYSE:USPH

US$1.1b

Select Medical Holdings

NYSE:SEM

US$1.9b

Joint

NasdaqCM:JYNT

US$152.3m

Price History & Performance

Summary of share price highs, lows and changes for Hanger
Historical stock prices
Current Share Price	US$18.72
52 Week High	US$22.67
52 Week Low	US$13.42
Beta	1.36
1 Month Change	0.32%
3 Month Change	27.35%
1 Year Change	-14.17%
3 Year Change	-4.00%
5 Year Change	70.18%
Change since IPO	284.00%

Hanger stock jumps postmarket on deal to be taken private at $1.25B enterprise value

Jul 21

Is It Too Late To Consider Buying Hanger, Inc. (NYSE:HNGR)?

Jun 15

Recent updates

Hanger stock jumps postmarket on deal to be taken private at $1.25B enterprise value

Jul 21

If You Had Bought Hanger (NYSE:HNGR) Shares Five Years Ago You'd Have Earned 67% Returns

Feb 19

Here’s What’s Happening With Returns At Hanger (NYSE:HNGR)

Jan 25

Hanger (NYSE:HNGR) Has A Pretty Healthy Balance Sheet

Jan 07

Here's Why We Think Hanger (NYSE:HNGR) Is Well Worth Watching

Dec 21

Should You Use Hanger's (NYSE:HNGR) Statutory Earnings To Analyse It?

Dec 06

Shareholder Returns

	HNGR	US Healthcare	US Market
7D	0%	-0.7%	1.3%
1Y	-14.2%	-11.2%	8.2%

Return vs Industry: HNGR underperformed the US Healthcare industry which returned 7.7% over the past year.

Return vs Market: HNGR exceeded the US Market which returned -23.2% over the past year.

Price Volatility

Is HNGR's price volatile compared to industry and market?
HNGR volatility
HNGR Average Weekly Movement	7.4%
Healthcare Industry Average Movement	7.8%
Market Average Movement	7.9%
10% most volatile stocks in US Market	16.4%
10% least volatile stocks in US Market	4.1%

Stable Share Price: HNGR has not had significant price volatility in the past 3 months.

Volatility Over Time: HNGR's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1861	5,200	Vinit Asar	hangerclinic.com

Hanger, Inc. provides orthotic and prosthetic (O&P) services in the United States. It operates in 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 offers payor network contracting services to other O&P providers.

Hanger, Inc. Fundamentals Summary

How do Hanger's earnings and revenue compare to its market cap?
HNGR fundamental statistics
Market cap	US$732.39m
Earnings (TTM)	US$37.29m
Revenue (TTM)	US$1.18b

19.6x

P/E Ratio

0.6x

P/S Ratio

Is HNGR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HNGR income statement (TTM)
Revenue	US$1.18b
Cost of Revenue	US$796.67m
Gross Profit	US$378.85m
Other Expenses	US$341.55m
Earnings	US$37.29m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.95
Gross Margin	32.23%
Net Profit Margin	3.17%
Debt/Equity Ratio	381.4%

How did HNGR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/10/03 14:21
End of Day Share Price	2022/09/30 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hanger, Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Daniel Owczarski	Avondale Partners
Adam Feinstein	Barclays
Robert Labick	CJS Securities, Inc.

This company has been acquired

HNGR Stock Overview

Rewards

Risk Analysis

Hanger, Inc. Competitors

NYSEAM:NHC

US$1.5b

NYSE:USPH

US$1.1b

NYSE:SEM

US$1.9b

NasdaqCM:JYNT

US$152.3m

Price History & Performance

Recent News & Updates

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Patient Square Capital, LP entered into a definitive agreement to acquire Hanger, Inc. (NYSE:HNGR) for approximately $760 million.

Investor sentiment improved over the past week

Hanger stock jumps postmarket on deal to be taken private at $1.25B enterprise value

Hanger, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Is It Too Late To Consider Buying Hanger, Inc. (NYSE:HNGR)?

Recent updates

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Patient Square Capital, LP entered into a definitive agreement to acquire Hanger, Inc. (NYSE:HNGR) for approximately $760 million.

Investor sentiment improved over the past week

Hanger stock jumps postmarket on deal to be taken private at $1.25B enterprise value

Hanger, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Is It Too Late To Consider Buying Hanger, Inc. (NYSE:HNGR)?

Returns At Hanger (NYSE:HNGR) Are On The Way Up

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Hanger, Inc. Reaffirms Earnings Guidance for the Year 2022

Calculating The Fair Value Of Hanger, Inc. (NYSE:HNGR)

Price target decreased to US$26.00

Hanger, Inc. to Report Q1, 2022 Results on May 04, 2022

Hanger, Inc., Annual General Meeting, May 19, 2022

Senior VP & Chief Clinical Officer recently sold US$78k worth of stock

Full year 2021 earnings: EPS exceeds analyst expectations

Hanger, Inc. Provides Revenue Guidance for 2022

CFO & Executive VP notifies of intention to sell stock

Third quarter 2021 earnings released: EPS US$0.55 (vs US$0.18 in 3Q 2020)

The Return Trends At Hanger (NYSE:HNGR) Look Promising

Should You Investigate Hanger, Inc. (NYSE:HNGR) At US$20.98?

CFO & Executive VP notifies of intention to sell stock

CEO, President & Director notifies of intention to sell stock

Investor sentiment deteriorated over the past week

Here's Why Hanger (NYSE:HNGR) Has A Meaningful Debt Burden

Second quarter 2021 earnings released: EPS US$0.26 (vs US$0.82 in 2Q 2020)

Hanger, Inc. Provides Earnings Outlook for the Year 2021

I Ran A Stock Scan For Earnings Growth And Hanger (NYSE:HNGR) Passed With Ease

Hanger, Inc.(NYSE:HNGR) dropped from Russell 3000E Value Index

Returns On Capital Are Showing Encouraging Signs At Hanger (NYSE:HNGR)

CFO & Executive VP notifies of intention to sell stock

Insider exercised options and sold US$417k worth of stock

Price target increased to US$29.00

Increases to Hanger, Inc.'s (NYSE:HNGR) CEO Compensation Might Cool off for now

Senior VP exercised options and sold US$610k worth of stock

First quarter 2021 earnings released: US$0.087 loss per share (vs US$0.42 loss in 1Q 2020)

Hanger, Inc. Re-Affirms Earnings Guidance for the Full Year of 2021

VP & Chief Accounting Officer exercised options and sold US$257k worth of stock

Is Hanger (NYSE:HNGR) A Risky Investment?

Is It Time To Consider Buying Hanger, Inc. (NYSE:HNGR)?

Here's Why I Think Hanger (NYSE:HNGR) Might Deserve Your Attention Today

New 90-day high: US$24.65

Why Hanger, Inc. (NYSE:HNGR) Looks Like A Quality Company

Analysts update estimates

Full year 2020 earnings released: EPS US$1.01 (vs US$0.74 in FY 2019)

Revenue and earnings beat expectations

If You Had Bought Hanger (NYSE:HNGR) Shares Five Years Ago You'd Have Earned 67% Returns

Hanger, Inc. to Report Q4, 2020 Results on Mar 01, 2021

Here’s What’s Happening With Returns At Hanger (NYSE:HNGR)

Hanger (NYSE:HNGR) Has A Pretty Healthy Balance Sheet

New 90-day high: US$24.49

Here's Why We Think Hanger (NYSE:HNGR) Is Well Worth Watching

Price target raised to US$25.50

New 90-day high: US$23.88

Should You Use Hanger's (NYSE:HNGR) Statutory Earnings To Analyse It?

New 90-day high: US$21.80

Revenue and earnings beat expectations

Third quarter 2020 earnings released: EPS US$0.18

Hanger, Inc. Announces Executive Appointments, Effective Nov. 2, 2020