Canada markets closed
  • S&P/TSX

    15,586.57
    -434.37 (-2.71%)
     
  • S&P 500

    3,271.03
    -119.65 (-3.53%)
     
  • DOW

    26,519.95
    -943.24 (-3.43%)
     
  • CAD/USD

    0.7504
    -0.0080 (-1.06%)
     
  • CRUDE OIL

    37.36
    -2.21 (-5.59%)
     
  • BTC-CAD

    17,559.47
    +144.29 (+0.83%)
     
  • CMC Crypto 200

    260.27
    -12.42 (-4.55%)
     
  • GOLD FUTURES

    1,877.40
    -34.50 (-1.80%)
     
  • RUSSELL 2000

    1,543.28
    -47.21 (-2.97%)
     
  • 10-Yr Bond

    0.7810
    +0.0030 (+0.39%)
     
  • NASDAQ

    11,004.87
    -426.48 (-3.73%)
     
  • VOLATILITY

    40.28
    +6.93 (+20.78%)
     
  • FTSE

    5,582.80
    -146.19 (-2.55%)
     
  • NIKKEI 225

    23,418.51
    -67.29 (-0.29%)
     
  • CAD/EUR

    0.6387
    -0.0044 (-0.68%)
     

MEDNAX (MD) Catches Eye: Stock Jumps 5.4%

Zacks Equity Research
·2 mins read

MEDNAX, Inc. MD was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $17.76 –$1.90 in the past one-month time frame, witnessed a sharp increase yesterday.

This move came after the company inked a deal with Radiology Partners to sell MEDNAX Radiology Solutions for $885 million.

The company has seen three positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for MEDNAX. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

MEDNAX, Inc. Price

MEDNAX, Inc. Price
MEDNAX, Inc. Price

MEDNAX, Inc. price | MEDNAX, Inc. Quote

MEDNAX currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Medical – Hospital industry is Universal Health Services, Inc UHS, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Universal Health Services, Inc. (UHS) : Free Stock Analysis Report
 
MEDNAX, Inc. (MD) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research