Cotiviti Holdings Inc (NASDAQ:COTV)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $34.36 and last traded at $33.63, with a volume of 102,510 shares traded. The stock had previously closed at $32.83.

Several equities research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Cotiviti Holdings from a “hold” rating to a “strong-buy” rating and set a $34.00 price objective on the stock in a research note on Monday, August 22nd. William Blair assumed coverage on shares of Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating on the stock. Royal Bank Of Canada assumed coverage on shares of Cotiviti Holdings in a research note on Monday, June 20th. They set an “outperform” rating and a $25.00 price objective on the stock. Credit Suisse Group AG reiterated a “buy” rating and set a $25.00 price objective on shares of Cotiviti Holdings in a research note on Thursday, July 7th. Finally, SunTrust Banks assumed coverage on shares of Cotiviti Holdings in a research note on Monday, June 20th. They set a “buy” rating and a $24.00 price objective on the stock. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $28.25.

The stock has a market cap of $2.99 billion and a P/E ratio of 124.77. The company’s 50 day moving average is $27.56 and its 200 day moving average is $23.75.

Cotiviti Holdings (NASDAQ:COTV) last announced its earnings results on Tuesday, August 9th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.30 by $0.07. The firm earned $158.30 million during the quarter, compared to the consensus estimate of $146.68 million. The company’s revenue was up 18.8% on a year-over-year basis. Equities research analysts forecast that Cotiviti Holdings Inc will post $1.30 EPS for the current fiscal year.

Cotiviti Holdings, Inc is a provider of analytics-driven payment accuracy solutions. The Company is focused primarily on the healthcare sector. The Company’s integrated solutions help clients manage payment accuracy in healthcare environment. The Company operates in two segments: Healthcare, and Global Retail and Other.

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