Healthways, Inc. (NASDAQ:TVTY) has been assigned an average recommendation of “Buy” from the twelve brokerages that are covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $34.94.

Several equities research analysts have weighed in on the company. Zacks Investment Research upgraded Healthways from a “hold” rating to a “buy” rating and set a $38.00 price objective for the company in a report on Tuesday, May 2nd. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $41.00 target price (up previously from $32.00) on shares of Healthways in a research report on Monday, May 1st. Jefferies Group LLC reissued a “buy” rating and issued a $36.00 target price (up previously from $33.00) on shares of Healthways in a research report on Saturday, April 29th. Cantor Fitzgerald reissued a “buy” rating and issued a $34.00 target price on shares of Healthways in a research report on Friday, April 28th. Finally, ValuEngine raised Healthways from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd.

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Shares of Healthways (NASDAQ:TVTY) traded up 0.97% during midday trading on Friday, reaching $39.15. The company’s stock had a trading volume of 91,203 shares. The company has a market capitalization of $1.54 billion, a P/E ratio of 17.64 and a beta of 0.37. The company’s 50-day moving average price is $39.24 and its 200 day moving average price is $31.87. Healthways has a 12-month low of $17.12 and a 12-month high of $41.55.

Healthways (NASDAQ:TVTY) last released its quarterly earnings data on Thursday, July 27th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.03. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The business had revenue of $138.90 million during the quarter, compared to analysts’ expectations of $138.15 million. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. On average, equities research analysts forecast that Healthways will post $1.52 earnings per share for the current year.

In related news, Director Conan Laughlin sold 1,750,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $37.90, for a total transaction of $66,325,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 8.42% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. purchased a new stake in shares of Healthways during the first quarter valued at $135,544,000. BlackRock Inc. purchased a new stake in shares of Healthways during the first quarter valued at $123,015,000. Wells Fargo & Company MN purchased a new stake in shares of Healthways during the first quarter valued at $98,404,000. North Tide Capital LLC purchased a new stake in shares of Healthways during the first quarter valued at $72,750,000. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of Healthways during the first quarter valued at $70,660,000.

Healthways Company Profile

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

Analyst Recommendations for Healthways (NASDAQ:TVTY)

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