Weaver C. Barksdale Associates adds Cantel Medical Corp. (CMN) to its portfolio

Cantel Medical Corp. (CMN) : Weaver C. Barksdale Associates added new position in Cantel Medical Corp. during the most recent quarter end. The investment management firm now holds 39,396 shares of Cantel Medical Corp. which is valued at $2.7 Million according to a report filed by the company on Apr 5, 2016 with the SEC.Cantel Medical Corp. makes up approximately 2.06% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, Cantel Medical Corp. reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Mar 10, 2016. Analyst had a consensus of $0.39. The company had revenue of $158.30 million for the quarter, compared to analysts expectations of $154.51 million. The company’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

Cantel Medical Corp. closed down -0.53 points or -0.76% at $69.29 with 1,12,604 shares getting traded on Monday. Post opening the session at $69.96, the shares hit an intraday low of $68.94 and an intraday high of $70.25 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Cantel Medical Corp. is a provider of infection prevention and control products and services in the healthcare market. The Company’s segments include Endoscopy Water Purification and Filtration Healthcare Disposables Dialysis and Specialty Packaging. Its Endoscopy segment includes medical device reprocessing systems disinfectants detergents and other supplies. The Company’s Water Purification and Filtration segment includes water purification equipment and services filtration and separation products and disinfectants sterilization and decontamination products and services. Its Healthcare Disposables segment includes single-use infection prevention and control healthcare products. The Company’s Dialysis segment includes medical device reprocessing systems sterilants/disinfectants and dialysate concentrates. Its Specialty Packaging segment includes specialty packaging and thermal control products as well as related compliance training.

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