Hanger Orthopedic Group (HGR)
Hanger Orthopedic Group Altman Z-Score: 2.292
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HGR Altman Z-Score Rankings
| Overall | 44th percentile | 1975 of 3549 |
| Sector | 42nd percentile | 251 of 433 in Healthcare |
| Industry | 43rd percentile | 9 of 16 in Specialized Health Services |
HGR Altman Z-Score Range, Past 5 Years
| Minimum | 1.792 | Dec 2007 |
| Maximum | 2.352 | Mar 2010 |
| Average | 2.103 |
About Altman Z-Score
CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.
The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.
Note that this is a probabilistic model, so it will not classify perfectly.
The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."
Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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HGR News
May 21, 4:15PM Benzinga
about 26 days ago by earningscast
May 03, 8:13AM Benzinga
May 02, 4:01PM PR Newswire
about 32 days ago by RecogniaEvents
about 32 days ago by RecogniaEvents
Mar 28, 4:54PM PR Newswire
about 110 days ago by earningscast
Feb 08, 5:27PM Street Insider
Jan 09, 6:01PM PR Newswire
Dec 19, 4:10PM Benzinga
Dec 19, 4:10PM PR Newswire
about 307 days ago by Benzinga
about 307 days ago by Benzinga
about 362 days ago by jimvanmeerten
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HGR | 22.05 | +0.69 | +3.23% | 727.09M |
| HGIC | 59.94 | +0.00 | +0.00% | 1.635B |
| HGI | 15.41 | +0.18 | +1.20% | |
| HGG | 11.09 | +0.22 | +2.02% | 404.80M |
| HGEM | 17.67 | +0.00 | +0.00% | |
| HFWA | 13.77 | +0.34 | +2.53% | 207.76M |
| HFC | 30.34 | +0.00 | +0.00% | 6.318B |
| HFBC | 7.05 | -0.10 | -1.47% | 55.62M |
| HF | 13.16 | +0.00 | +0.00% | 484.81M |
| HERO | 3.76 | +0.07 | +1.90% | 584.64M |
