) is a high-speed enterprise in the business of saving lives.
Deploying a fleet of hundreds of helicopters and airplanes in 48
states, Air Methods is the number one provider of medical
emergency air transport services.
AIRM became a Zacks #1 Rank (Strong Buy) stock last month
after analysts raised the current quarter EPS estimate by 10%,
the full year 2013 by 8.4%, and 2014 by a whopping 20%.
This kind of earnings momentum is not new for Air Methods
either. For the last five years, the company has grown revenues
by 13% annually and profits by a stunning 38%.
Here's the Zacks proprietary Price & Consensus chart which
shows how the stock has been tracking Wall Street growth
Though the EPS growth is forecast to slow down somewhat,
mid-teens top and bottom line appreciation is still attracting
institutional growth investors.
Who Would You Hire?
Right now, Air Methods owns this industry. With two divisions
that concentrate on their area of expertise, they appear poised
to dominate vs all other competition.
The Air Medical Service Division offers their clients
helicopters and airplanes equipped with medical interiors for
flights from the scene of an accident or general hospital to a
trauma center. The Products Division designs, manufactures, and
installs aircraft medical interiors and other aerospace products
in aircraft from Bell Helicopter, a
For hospitals and trauma centers from Alaska to Key West, Air
Methods' 300 bases of operation offer timely, quality emergency
transport. For major medical facilities who must have these
services, the choice is clear.
Just the Good Kinds of Surprises
What kind of surprises do we want from the public companies we
invest in? Earnings surprises, of course. Here's a look AIRM's
consistent history of beating the Street.
Another good surprise is new business opportunities and
revenues. On March 4, AIRM announced that its United Rotorcraft
Division has been awarded a contract in excess of $44 million
from Sikorsky Aircraft Corporation, a
) , for MEDEVAC Interior Systems installed on new HH-60M BLACK
And being dependable as a key element of the life-saving
business reduces one area of surprises that medical professionals
have to deal with. Since 1980, Air Methods has built its
reputation on a commitment to quality patient care and safety in
AIRM is on flight path of dominance that should continue to
grow in an industry vital to modern society. Keep them on your
radar as we have here at Zacks for years.
Kevin Cook is a Senior Stock Strategist with
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