Healthways, Inc. (NASDAQ:TVTY)‘s stock had its “neutral” rating restated by Chardan Capital in a research note issued to investors on Friday, October 27th, Marketbeat reports. They presently have a $44.00 price target on the stock, up from their previous price target of $40.00. Chardan Capital’s price target points to a potential upside of 30.37% from the stock’s current price.
Several other equities analysts have also recently commented on the stock. SunTrust Banks, Inc. reissued a “buy” rating and issued a $46.00 price target on shares of Healthways in a research report on Thursday, October 12th. Zacks Investment Research upgraded shares of Healthways from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. ValuEngine lowered shares of Healthways from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Jefferies Group LLC restated a “buy” rating and issued a $46.00 price objective on shares of Healthways in a research note on Monday, September 25th. Finally, Barrington Research lifted their price objective on shares of Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research note on Friday, July 28th. Two investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Healthways presently has a consensus rating of “Buy” and a consensus price target of $46.25.
Shares of Healthways (NASDAQ TVTY) opened at $33.75 on Friday. The company has a market cap of $1,360.00, a PE ratio of 20.06, a price-to-earnings-growth ratio of 1.87 and a beta of 0.27. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.02. Healthways has a 1-year low of $20.60 and a 1-year high of $48.50.
Healthways (NASDAQ:TVTY) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.10. The firm had revenue of $137.70 million during the quarter, compared to analysts’ expectations of $137.95 million. Healthways had a net margin of 11.45% and a return on equity of 30.23%. The company’s revenue was up 10.2% compared to the same quarter last year. equities research analysts expect that Healthways will post 1.6 earnings per share for the current year.
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In other Healthways news, Director Conan Laughlin sold 120,000 shares of the stock in a transaction on Monday, November 6th. The shares were sold at an average price of $47.52, for a total transaction of $5,702,400.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Mary Flipse sold 14,020 shares of the stock in a transaction on Friday, August 18th. The shares were sold at an average price of $37.03, for a total transaction of $519,160.60. Following the transaction, the insider now owns 61,167 shares in the company, valued at $2,265,014.01. The disclosure for this sale can be found here. In the last three months, insiders sold 183,218 shares of company stock valued at $8,200,064. Company insiders own 8.42% of the company’s stock.
Large investors have recently modified their holdings of the business. United Services Automobile Association acquired a new stake in shares of Healthways during the first quarter worth $377,000. Dimensional Fund Advisors LP acquired a new stake in shares of Healthways in the 1st quarter worth about $70,660,000. Credit Suisse AG acquired a new stake in shares of Healthways in the 1st quarter worth about $1,395,000. California Public Employees Retirement System acquired a new stake in shares of Healthways in the 1st quarter worth about $247,000. Finally, Vanguard Group Inc. acquired a new stake in shares of Healthways in the 1st quarter worth about $135,544,000.
Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.
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