MFCSF - Medical Facilities: What Will It Take To Move Its Share Price Higher?
Investment Thesis
Medical Facilities Corporation (MFCSF) (TSX: ((DR))) delivered okay Q2 2018 earnings result. The company's past quarterly results have been lumpy though. However, we believe the company's recent acquisition of Nueterra ASCs should help diversify its portfolio of facilities and stabilize its revenue. The company's scale should allow it to gain better purchasing power and reduce its medical supplies costs. Medical Facilities' shares are fairly valued if we compare it to its historical average.
Source: YCharts
Medical Facilities' recent quarterly result
Medical Facilities reported Q2 2018 earnings with revenue growth of 10.8%