ICU Medical (ICUI) Set to Announce Quarterly Earnings on Thursday

ICU Medical (NASDAQ:ICUI) is scheduled to be releasing its earnings data after the market closes on Thursday, February 28th. Analysts expect ICU Medical to post earnings of $1.56 per share for the quarter.

Shares of NASDAQ:ICUI opened at $253.01 on Thursday. ICU Medical has a 12-month low of $210.94 and a 12-month high of $321.70. The firm has a market capitalization of $5.18 billion, a PE ratio of 45.84 and a beta of 0.68.

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In other news, Director Robert S. Swinney sold 1,500 shares of ICU Medical stock in a transaction on Monday, January 28th. The stock was sold at an average price of $242.19, for a total value of $363,285.00. Following the transaction, the director now directly owns 19,540 shares in the company, valued at approximately $4,732,392.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 12.50% of the company’s stock.

ICUI has been the topic of a number of analyst reports. Zacks Investment Research upgraded ICU Medical from a “hold” rating to a “strong-buy” rating and set a $297.00 price target on the stock in a report on Thursday, November 1st. ValuEngine downgraded ICU Medical from a “buy” rating to a “hold” rating in a report on Tuesday, November 6th. Finally, BidaskClub downgraded ICU Medical from a “buy” rating to a “hold” rating in a report on Thursday, November 8th.

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About ICU Medical

ICU Medical, Inc develops, manufactures, and sells medical devices used in vascular therapy, critical care, and oncology applications worldwide. It offers infusion therapy products comprising a tube running from a bottle or plastic bag containing a solution to a catheter inserted in a patient's vein.

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