Shares of Almost Family Inc. (NASDAQ:AFAM) shot up 2.9% during mid-day trading on Tuesday . The company traded as high as $39.64 and last traded at $39.47, with a volume of 51,459 shares changing hands. The stock had previously closed at $38.35.

A number of research firms recently issued reports on AFAM. Zacks Investment Research raised Almost Family from a “sell” rating to a “hold” rating in a research report on Monday, June 27th. Robert W. Baird reaffirmed a “hold” rating on shares of Almost Family in a research report on Monday, May 16th. Finally, Royal Bank Of Canada boosted their price target on Almost Family from $45.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 17th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Almost Family presently has an average rating of “Hold” and a consensus price target of $47.50.

The firm has a market cap of $402.62 million and a PE ratio of 20.82. The firm has a 50-day moving average price of $41.90 and a 200 day moving average price of $39.81.

Almost Family (NASDAQ:AFAM) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.61 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by $0.03. The firm earned $156 million during the quarter, compared to analysts’ expectations of $155.19 million. The company’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 earnings per share. On average, analysts forecast that Almost Family Inc. will post $2.67 EPS for the current year.

In related news, major shareholder North Tide Capital, Llc sold 62,500 shares of the business’s stock in a transaction dated Tuesday, July 12th. The stock was sold at an average price of $44.14, for a total value of $2,758,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

An institutional investor recently raised its position in Almost Family stock. California Public Employees Retirement System boosted its position in shares of Almost Family Inc. (NASDAQ:AFAM) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,100 shares of the company’s stock after buying an additional 800 shares during the period. California Public Employees Retirement System owned about 0.53% of Almost Family worth $1,954,000 at the end of the most recent quarter.

Almost Family, Inc, along with its subsidiaries, is a provider of home health services. The Company has two divisions, which include Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care).

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's FREE daily email newsletter.