Shares of Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) have been assigned a consensus rating of “Hold” from the six analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $3.10.

HLTH has been the subject of several research reports. Zacks Investment Research cut shares of Nobilis Health Corp from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 20th. Benchmark Co. initiated coverage on shares of Nobilis Health Corp in a research report on Friday, May 19th. They issued a “buy” rating and a $2.50 price target for the company.

Nobilis Health Corp (NYSE:HLTH) traded down 3.03% during trading on Friday, reaching $1.60. 308,271 shares of the company were exchanged. The company’s 50-day moving average price is $1.75 and its 200-day moving average price is $1.74. Nobilis Health Corp has a 1-year low of $1.10 and a 1-year high of $3.86. The stock has a market capitalization of $124.49 million and a P/E ratio of 13.79.

Nobilis Health Corp (NYSE:HLTH) (TSE:NHC) last released its quarterly earnings data on Wednesday, August 2nd. The healthcare company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The company had revenue of $79.96 million during the quarter, compared to analysts’ expectations of $69.89 million. On average, equities analysts forecast that Nobilis Health Corp will post $0.13 EPS for the current year.

Nobilis Health Corp announced that its Board of Directors has authorized a stock repurchase program on Tuesday, May 2nd that allows the company to repurchase 4,000,000 shares. This repurchase authorization allows the healthcare company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

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Several large investors have recently made changes to their positions in the company. LSV Asset Management acquired a new stake in shares of Nobilis Health Corp during the first quarter valued at $4,014,000. Russell Investments Group Ltd. boosted its stake in shares of Nobilis Health Corp by 3.0% in the first quarter. Russell Investments Group Ltd. now owns 1,048,111 shares of the healthcare company’s stock valued at $1,782,000 after buying an additional 30,380 shares during the last quarter. State Street Corp boosted its stake in shares of Nobilis Health Corp by 8.0% in the fourth quarter. State Street Corp now owns 821,992 shares of the healthcare company’s stock valued at $1,727,000 after buying an additional 61,191 shares during the last quarter. Winslow Asset Management Inc. boosted its stake in shares of Nobilis Health Corp by 4.9% in the second quarter. Winslow Asset Management Inc. now owns 799,070 shares of the healthcare company’s stock valued at $1,518,000 after buying an additional 37,647 shares during the last quarter. Finally, Thrivent Financial For Lutherans acquired a new stake in shares of Nobilis Health Corp during the first quarter valued at $664,000.

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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