Canaccord Genuity set a $4.80 target price on Nobilis Health Corp (NYSE:HLTH) in a research report sent to investors on Monday. The brokerage currently has a a buy rating on the stock.

Separately, Zacks Investment Research lowered Nobilis Health Corp from a hold rating to a strong sell rating in a report on Tuesday, July 12th.

Shares of Nobilis Health Corp (NYSE:HLTH) opened at 3.50 on Monday. The firm has a market capitalization of $268.73 million and a price-to-earnings ratio of 5.14. The firm has a 50-day moving average price of $3.29 and a 200 day moving average price of $3.11. Nobilis Health Corp has a 12 month low of $1.82 and a 12 month high of $5.95.

Nobilis Health Corp (NYSE:HLTH) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.05. The company had revenue of $61.90 million for the quarter, compared to analyst estimates of $62.18 million. The business’s revenue was up 26.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) EPS. On average, analysts anticipate that Nobilis Health Corp will post $0.32 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC raised its stake in shares of Nobilis Health Corp by 10.4% in the first quarter. Geode Capital Management LLC now owns 34,596 shares of the company’s stock valued at $108,000 after buying an additional 3,268 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Nobilis Health Corp by 27.1% in the first quarter. Royal Bank of Canada now owns 36,858 shares of the company’s stock valued at $115,000 after buying an additional 7,854 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Nobilis Health Corp by 88.6% in the second quarter. Rhumbline Advisers now owns 44,997 shares of the company’s stock valued at $100,000 after buying an additional 21,135 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Nobilis Health Corp by 151.7% in the first quarter. Goldman Sachs Group Inc. now owns 56,894 shares of the company’s stock valued at $178,000 after buying an additional 34,288 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in shares of Nobilis Health Corp during the second quarter valued at $165,000.

About Nobilis Health Corp

Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.

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