Lincare Holdings, Inc. (NASDAQ:LNCR.DL)

CAPS Rating: No stars

The Company and subsidiaries provides oxygen, respiratory therapy services, infusion therapy services and home medical equipment such as hospital beds, wheelchairs and other medical supplies to the home health care market.

Recs

1
Player Avatar ratrop1 (< 20) Submitted: 10/12/2007 10:31:10 AM : Outperform Start Price: $21.15 LNCR.DL Score: +105.91

LNCR trades at a 52 week low and low teens P/E, despite mid-teens growth in sales and earnings. (Due to Medicare reimbursement concerns). It also has no LT Debt, and has been a "consolidator" in its industry due to efficiencies of scale and operations. My take is that LNCR will thrive whatever the Medicare environment, as even adverse developments will hurt competitors more than LNCR, creating further attractive expansion opportunities for LNCR. Until then it's using its free cash flow to buyback stock, which is always nice to see. I'm buying...

Member Avatar SESAMEnow (96.86) Submitted: 4/9/2008 9:43:32 PM
Recs: 0

I think I have figured out the low price for this apparently good stock. Congress is the reason. They passed a law giving ownership to the user after 3 years of use of oxygen equipment. That takes away much of the profits for a company like LNCR. Ownership transfer begins in January 2009 based on use starting in 2006.SesameNOW.

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