As of the 27th March 2015, Sonic Healthcare Limited announced a closing share price of $20.39. The dividend yield was 3.29%. Price earnings ratio was 21.35. Total market capitalisation was $8.196 billion, (Morningstar, 2015). The beta for Sonic Healthcare Limited was 0.50. The average beta for healthcare and life sciences industry was 0.51. The book value for Sonic Healthcare Limited was 2.64. The total shareholder return for Sonic Healthcare Limited throughout a three year period was 22.44%, (Morningstar, 2015). The dividend per share and earnings per share for Sonic Healthcare Limited are forecast to grow 86.2 cents per share and 118.5 cents for 2015. Both figures represent a slight growth in overall value from their 2013 (DPS: 71.2 …show more content…
The firm was initially listed as a public trading company on the Australian Securities Exchange in 1987, (Sonic Healthcare, 2014). Equipment is distributed to the following suppliers throughout Australia. They include independent and regional healthcare providers, life science research institutions, medical practitioners and patients undergoing treatment for acute and chronic medical conditions within both public and private hospitals, (Sonic Healthcare, 2014). As of 2014, Sonic Healthcare has catapulted itself to become one of Australia 's largest domestic and global distributors and providers of biomedical science diagnostic and laboratory equipment. Total revenue reached $3.9 billion and is reflective of significant growth from an initial revenue amount worth $25 million in 1993, (Sonic Healthcare, 2014).
Key Business Divisions
The main business specialisation of Sonic Healthcare Limited incorporates diagnostic pathology. Over 500 accredited medical researchers and pathologists are employed locally and overseas undertaking research to identify the latest medical breakthroughs, (Sonic Healthcare, 2014). Additionally, the firm has a designated clinical laboratory entitled Sonic Clinical Trials. The aim involves therapeutic testing of pharmaceuticals to determine their overall effectiveness on patients undergoing treatment for medical conditions, (Sonic Healthcare, 2014).
In addition to its outstanding
Sonic gives a lot of its credit for thriving to its various menu. Although several fast-service restaurant chains have struggled in past years, Sonics same-store sales growth increased in recent quarters by almost 12%. In 2014, traffic provided a large contribution to about half of same-store sales growth and more than two-thirds in the more recent quarter. Net Income progressed 87 percent for second quarter (Watrous, 2015).
The organization’s purpose states that it harmonizes the scientific approach of its products and services. They have also increased the production of its health technology assessments (HTAs) and rapid reviews. On the customer side, the organization has invited patient engagement, and welcomed the pan-Canadian Oncology Drug Review - one of their major key initiatives - to the organization. Their work is one of
The organization’s purpose outlines that it harmonizes the scientific approach of its products and services, increased production of its HTAs and rapid reviews, invited patient engagement, and welcomed the pan-Canadian Oncology Drug Review to the organization. Their work is one of their world’s leading health technology assessment (HTA) organizations and essential contributor to evidence-informed decision-making in Canada.
Opportunities: Strengths: Sonics financial performance has had a great growth in the economy. From 1992-2001, net sales increased annually by 27%,19%,25%,22%,21%,20%,17%,8%,and 18%. And on March 22, 2003, Sonic reported net income of $12.6 billion and revenue increased by 19%. Another opportunity is Sonic is very product differentiated. Sonic is known for its unique made-to-order menu items. Sonic continues to support menu innovations, such as its breakfast menu, Sonic Summer Nights, toaster sandwiches, extra-long cheese coneys, and frozen and fountain favorites. Hamburgers are made to order and served in aluminum foil, preserving the heat and drinks are served in Styrofoam cups to preserve the cold.
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The primary financial objectives ◦ Achive first year sales revenues of $200 million ◦ Keep first year losses to less than $40 million and break even early in the second year. Sonic’s market consists of consumers and business users who need to conveniently store,
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