Emergency Medical Services Poised To Deliver Potent Returns
“Profits are growing at an eye-popping pace thanks to rising patient volumes, growing demand for EMS's services and acquisitions,” Barron's Johanna Bennett writes. “Yet at less than 15 times earnings estimates for 2011, that profit growth remains underappreciated.”
Kevin Ellich, an analyst with RBC Capital Markets, said that EMS is an attractive-growth profile and the company has a lot of opportunity ahead of it. "The 20% to 30% annual growth it's been generating isn't sustainable long-term, but 15% to 20% certainly is sustainable,” he said. “In fact, you don't find many health-care companies generating that kind of growth.”
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