Technical Reports on Medical Equipment Equities -- Edwards Lifesciences, Accuray, Hologic, and Zimmer Biomet

NEW YORK, February 9, 2017 /PRNewswire/ --

Four Medical Appliances and Equipment companies have been lined-up by Stock-Callers.com for assessment this morning: Edwards Lifesciences Corp. (NYSE: EW), Accuray Inc. (NASDAQ: ARAY), Hologic Inc. (NASDAQ: HOLX), and Zimmer Biomet Holdings Inc. (NYSE: ZBH). These stocks belong to the Healthcare sector which was mixed in afternoon trade on Wednesday, February 08^th, 2017, with the NYSE Health Care Index gaining over 0.3%, while shares of health care companies in the S&P 500 were down 0.3% as a group. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

Edwards Lifesciences  

On Wednesday, shares in California headquartered Edwards Lifesciences Corp. recorded a trading volume of 1.78 million shares. The stock ended at $90.83, rising 0.13% from the last trading session. The Company's shares are trading below their 50-day moving average by 1.35%. Furthermore, shares of Edwards Lifesciences, which provides products and technologies to treat structural heart disease and critically ill patients worldwide, have a Relative Strength Index (RSI) of 40.94.

On February 01^st, 2017, Edwards reported that sales for Q4 2016 were $767.7 million, up compared to sales of $671.1 million in Q4 2015. The Company's net income for Q4 2016 was $158.5 million, $0.73 per share, or $0.75 per share on an adjusted basis. For Q4 2016, the Company reported Transcatheter Heart Valve Therapy sales of $432.0 million, a 29.2% growth rate on a y-o-y basis.

On February 02^nd, 2017, research firm Leerink Partners downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Visit us today and access our complete research report on EW at:

http://stock-callers.com/registration/?symbol=EW

Accuray  

California headquartered Accuray Inc.'s stock finished yesterday's session 1.75% lower at $5.60 with a total trading volume of 590,382 shares. The Company's shares have gained 12.00% in the last one month, 16.67% over the previous three months, and 21.74% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.72% and 5.49%, respectively. Furthermore, shares of Accuray, which designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body, have an RSI of 57.26.

On February 08^th, 2017, Accuray announced that it has received Shonin approval from the Japanese Ministry of Health, Labor and Welfare to market its Radixact™ Treatment Delivery System, Accuray Precision™ Treatment Planning System and iDMS™ Data Management System. This new Radixact™ platform is now available in Japan, in certain markets in the European Union (EU), and in the US market. The complimentary report on ARAY can be downloaded at:

http://stock-callers.com/registration/?symbol=ARAY

Hologic  

At the closing bell on Wednesday, shares in Massachusetts headquartered Hologic Inc. saw a slight drop of 0.43%, ending the day at $39.16. The stock recorded a trading volume of 2.05 million shares. The Company's shares have advanced 1.24% in the previous three months. The stock is trading 4.61% above its 200-day moving average. Moreover, shares of Hologic, which develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the US, Europe, the Asia-Pacific, and internationally, have an RSI of 42.66.

On January 18^th, 2017, research firm Deutsche Bank initiated a 'Buy' rating on the Company's stock, with a target price of $48 per share.

On February 02^nd, 2017, Hologic announced the launch of its next-generation NovaSure® ADVANCED global endometrial ablation system in the US. The system has been FDA approved. The NovaSure system is designed to reduce abnormal uterine bleeding by applying radiofrequency energy to the endometrium, gently ablating the lining of the uterus in two minutes or less. Register for free on Stock-Callers.com and access the latest research report on HOLX at:

http://stock-callers.com/registration/?symbol=HOLX

Zimmer Biomet  

Indiana headquartered Zimmer Biomet Holdings Inc.'s stock ended the day 0.81% lower at $117.15 with a total trading volume of 1.01 million shares. The Company's shares have gained 9.49% in the last month, 12.42% over the previous three months, and 13.52% on an YTD basis. The stock is trading 8.21% above its 50-day moving average. Additionally, shares of Zimmer Biomet Holdings, which together with its subsidiaries, provides musculoskeletal healthcare products and solutions in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific, have an RSI of 62.39.

On February 01^st, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $130 a share to $133 a share.

On February 07^th, 2017, Zimmer Biomet announced the international release of the Subchondroplasty® (SCP®) Procedure. The Company received CE Mark approval for the commercialization of its SCP® Procedure to facilitate distribution in the European Union and other countries that recognize the CE Mark. The SCP® Procedure is a minimally invasive outpatient intervention that addresses the defects associated with subchondral bone marrow lesions. Get free access to your research report on ZBH at:

http://stock-callers.com/registration/?symbol=ZBH

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