Healthways Inc. (NASDAQ:HWAY) dropped 5% during trading 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.

HWAY has been the topic of several research reports. FBR & Co reaffirmed a “buy” rating on shares of Healthways in a research report on Friday, April 29th. Barrington Research cut their price objective on shares of Healthways from $15.00 to $14.00 and set an “outperform” rating on the stock in a research report on Friday, April 29th. Jefferies Group reaffirmed a “hold” rating and issued a $13.00 price objective on shares of Healthways in a research report on Tuesday, May 3rd. Zacks Investment Research raised shares of Healthways from a “sell” rating to a “hold” rating in a research report on Tuesday, May 3rd. Finally, Piper Jaffray Cos. boosted their price objective on shares of Healthways from $15.00 to $25.50 and gave the company an “overweight” rating in a research report on Wednesday, August 10th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Healthways presently has an average rating of “Buy” and a consensus target price of $22.93.

The firm’s market cap is $918.08 million. The company has a 50 day moving average of $17.67 and a 200 day moving average of $12.98.

Healthways (NASDAQ:HWAY) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.53. The firm had revenue of $125 million for the quarter, compared to analyst estimates of $186.88 million. During the same quarter last year, the company earned $0.11 earnings per share. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. Equities analysts anticipate that Healthways Inc. will post $2.11 earnings per share 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.