The intersection of good earnings and a strong AACC showing boosted Diagnostic stocks this week with the following big movers today on earnings reports:
Abaxis (ABAX) $20.81 up $13.7%,GenProbe (GPRO) $45.85 up 8.14%,Neogen (NEOG) $29.85 up 3.4% and Quidel (QDEL) $12.34 up 3.5%.Bruker was also strong up 3% to $13.23.
“Mid-Cap” Diagnostic Companies Q2 2010 Earnings
| 7/26/10 | 2010 | ||||||||
| Company | Symbol | P $ | Q2 Rev $M | Q2 EPS | PEG | P/S | Sh.Equity $M | Cash$M | |
| Cepheid | CPHD | 16.5 | 49.6 | -0.03 | n/a | 4.8 | 137 | 48 | |
| Immucor | BLUD | 19.3 | 82.9 | 0.3 | 1.27 | 3.87 | 439 | 203 | |
| Meridian | VIVO | 19.5 | 33.9 | 0.16 | 1.72 | 5.4 | 139 | 58.2 | |
| Neogen | NEOG | 28.3 | 39 | 0.2 | 1.66 | 3.8 | 153 | 22.8 | |
| 7/30/10 | |||||||||
| Abaxis | ABAX | 20.8 | 35 | 0.26 | 1.08 | 3.32 | 151 | 98.4 | |
| Alera | ALR | 28.3 | 523 | -0.1 | 0.76 | 1.17 | 3533 | -2698 | LT Debt |
| GenProbe | GPRO | 45.25 | 138.6 | 0.52 | 1.34 | 4 | 794.9 | 464 | |
| Quidel | QDEL | 12.5 | 25 | -0.9 | 2.96 | 2.4 | 115.7 | 14.8 | |