Analogic Co. (ALOG) to Issue Quarterly Dividend of $0.10

Analogic Co. (NASDAQ:ALOG) declared a quarterly dividend on Wednesday, December 6th, RTT News reports. Investors of record on Friday, December 15th will be given a dividend of 0.10 per share by the medical research company on Friday, December 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.50%.

Analogic (ALOG) traded down $0.40 during mid-day trading on Thursday, reaching $80.65. 92,400 shares of the company’s stock were exchanged, compared to its average volume of 94,595. Analogic has a fifty-two week low of $66.00 and a fifty-two week high of $87.60. The stock has a market cap of $1,011.88, a PE ratio of 48.24, a PEG ratio of 4.14 and a beta of 0.86.

Analogic (NASDAQ:ALOG) last released its quarterly earnings results on Wednesday, December 6th. The medical research company reported $0.75 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.32. Analogic had a negative net margin of 15.27% and a positive return on equity of 4.27%. The business had revenue of $106.90 million during the quarter, compared to analysts’ expectations of $100.55 million. During the same quarter in the previous year, the company earned $0.43 EPS. The business’s quarterly revenue was down 11.7% compared to the same quarter last year. analysts anticipate that Analogic will post 2.8 earnings per share for the current year.

A number of research firms have commented on ALOG. Jefferies Group reissued a “hold” rating and issued a $75.00 price target on shares of Analogic in a research note on Wednesday, September 20th. BidaskClub cut shares of Analogic from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Zacks Investment Research cut shares of Analogic from a “buy” rating to a “hold” rating in a research note on Tuesday, November 21st. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. Analogic currently has an average rating of “Hold” and a consensus target price of $85.25.

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Analogic Company Profile

Analogic Corporation designs, manufactures and commercializes guidance, diagnostic imaging and threat detection technologies. The Company operates through three segments: Medical Imaging, Ultrasound, and Security and Detection. The Company’s Medical Imaging segment provides medical imaging systems and subsystems for computed tomography (CT), magnetic resonance imaging (MRI) and high-resolution digital mammography.

Dividend History for Analogic (NASDAQ:ALOG)

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