Published on 19 Apr 2024 on Simply Wall St. via Yahoo Finance
Here's Why Shareholders May Want To Be Cautious With Increasing Avanos Medical, Inc.'s (NYSE:AVNS)...
Key Insights
Avanos Medical will host its Annual General Meeting on 25th of AprilCEO Joe Woody's total compensation includes salary of US$1.02mThe overall pay is 64% above the industry average Avanos Medical's EPS grew by 79% over the past three years while total shareholder loss over the past three years was 58%
The underwhelming share price performance of Avanos Medical, Inc. (NYSE:AVNS) in the past three years would have disappointed many shareholders. What is concerning is that despite positive EPS growth, the share price has not tracked the trend in fundamentals. Shareholders may want to question the board on the future direction of the company at the upcoming AGM on 25th of April. Voting on resolutions such as executive remuneration and other matters could also be a way to influence management. Here's our take on why we think shareholders may want to be cautious of approving a raise for the CEO at the moment.