Hanger (HNGR) Stock Analysis

What Hanger does

Hanger, Inc. is a long-established American enterprise specializing in the provision of orthotic and prosthetic (O&P) services throughout the United States. Its business operations are segmented into two primary areas: Patient Care and Products & Services. The Patient Care division encompasses the Hanger Clinic network, which it owns and manages. These clinics excel in the custom design, fabrication, and delivery of O&P devices, serving patients directly through their extensive network of clinics and smaller satellite locations. This segment also offers vital payor network contracting services to other O&P providers. The Products & Services segment is multifaceted, focusing on the distribution of a wide array of O&P components, parts, and complete devices to independent O&P practitioners. It is also involved in the research and development of advanced rehabilitation technologies and delivers evidence-based clinical programs for post-acute rehabilitation to patients across approximately 4,000 skilled nursing and other post-acute care facilities. Additionally, this segment manufactures and sells specialized therapeutic footwear for diabetic patients within the podiatric market. As of December 31, 2021, Hanger maintained a substantial presence with approximately 760 patient care clinics and 115 satellite sites, spanning 47 states and the District of Columbia. Beyond direct patient care, the company actively distributes O&P devices and components, manages O&P networks, and provides comprehensive therapeutic solutions to both patients and businesses in acute, post-acute, and clinic environments. Originally established in Austin, Texas, in 1861, the firm was formerly known as Hanger Orthopedic Group, Inc., before officially adopting the name Hanger, Inc. in June 2012.

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Frequently asked questions

What is the ticker symbol for Hanger?

Hanger trades under the ticker HNGR on NYSE.

Which exchange is HNGR listed on?

HNGR is listed on NYSE.

What sector does Hanger operate in?

Hanger is classified in the Healthcare sector (Medical - Care Facilities industry).

How can PortView help analyze HNGR in a portfolio?

PortView shows HNGR's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.