Almost Family Inc. (AFAM) Sees Strong Trading Volume
Almost Family Inc. (NASDAQ:AFAM) shares saw unusually-strong trading volume on Monday . Approximately 64,974 shares were traded during mid-day trading, an increase of 1% from the previous session’s volume of 64,108 shares.The stock last traded at $37.44 and had previously closed at $36.55.
Several equities analysts have recently issued reports on AFAM shares. Royal Bank Of Canada lifted their price objective on shares of Almost Family from $45.00 to $48.00 and gave the stock a “sector perform” rating in a research note on Tuesday, May 17th. Robert W. Baird reissued a “hold” rating on shares of Almost Family in a research report on Monday, May 16th. Finally, Zacks Investment Research raised shares of Almost Family from a “sell” rating to a “hold” rating in a research report on Tuesday, July 26th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $47.50.
The stock has a market cap of $378.86 million and a price-to-earnings ratio of 19.59. The firm has a 50-day moving average of $40.03 and a 200-day moving average of $39.94.
Almost Family (NASDAQ:AFAM) last issued its earnings results on Wednesday, August 3rd. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by $0.03. The firm had revenue of $156 million for the quarter, compared to the consensus estimate of $155.19 million. During the same quarter in the previous year, the company earned $0.52 EPS. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. On average, analysts predict that Almost Family Inc. will post $2.45 EPS for the current year.
In related news, major shareholder North Tide Capital, Llc sold 62,500 shares of the company’s stock in a transaction dated Tuesday, July 12th. The shares were sold at an average price of $44.14, for a total transaction of $2,758,750.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
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).