Shares of Healthways Inc. (NASDAQ:HWAY) were down 5% on Thursday . The stock traded as low as $23.05 and last traded at $24.27, with a volume of 812,262 shares trading hands. The stock had previously closed at $25.56.

Several analysts recently weighed in on HWAY shares. FBR & Co reaffirmed a “buy” rating on shares of Healthways in a research note on Friday, April 29th. Barclays PLC raised Healthways from an “underweight” rating to an “equal weight” rating and raised their price objective for the company from $12.00 to $27.00 in a research note on Monday. Jefferies Group set a $26.00 price objective on Healthways and gave the company a “hold” rating in a research note on Thursday, August 18th. Zacks Investment Research raised Healthways from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Monday, August 8th. Finally, Piper Jaffray Cos. raised their price objective on Healthways from $15.00 to $25.50 and gave the company an “overweight” rating in a research note on Wednesday, August 10th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $22.93.

The company’s 50 day moving average price is $16.95 and its 200 day moving average price is $12.79. The stock’s market cap is $900.45 million.

Healthways (NASDAQ:HWAY) last issued its earnings results on Tuesday, August 9th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.53. The firm earned $125 million during the quarter, compared to the consensus estimate of $186.88 million. During the same quarter in the previous year, the firm earned $0.11 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. On average, equities research analysts anticipate that Healthways Inc. will post $2.11 EPS for the current fiscal year.

Healthways, Inc (Healthways) provides network delivered solutions and population health management services that are designed to help people manage their wellbeing, thereby managing their health and productivity, and their health-related costs. The Company operates in the domestic and international segments, which are collectively known as the well-being improvement services segment.

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