Healthways (TVTY) Receiving Somewhat Favorable News Coverage, Analysis Shows
News headlines about Healthways (NASDAQ:TVTY) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Healthways earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.2519879571099 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Healthways from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Barrington Research lifted their target price on Healthways from $35.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. BidaskClub upgraded Healthways from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Cantor Fitzgerald lifted their price objective on Healthways from $34.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday, June 9th. Finally, ValuEngine raised Healthways from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Two investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $39.88.
Shares of Healthways (TVTY) traded up 0.65% during midday trading on Friday, reaching $38.60. The company had a trading volume of 364,767 shares. Healthways has a 1-year low of $19.25 and a 1-year high of $41.55. The stock has a market capitalization of $1.52 billion, a PE ratio of 32.17 and a beta of 0.41. The company’s 50-day moving average is $38.03 and its 200-day moving average is $34.53.
Healthways (NASDAQ:TVTY) last posted its earnings results on Thursday, July 27th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. Healthways had a return on equity of 29.81% and a net margin of 17.30%. The company had revenue of $138.90 million for the quarter, compared to the consensus estimate of $138.15 million. The business’s quarterly revenue was up 11.1% on a year-over-year basis. On average, equities research analysts forecast that Healthways will post $1.53 EPS for the current year.
In other Healthways news, insider Mary Flipse sold 1,340 shares of the stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $37.32, for a total value of $50,008.80. Following the transaction, the insider now owns 75,187 shares of the company’s stock, valued at $2,805,978.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Glenn Hargreaves sold 21,105 shares of the stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $38.00, for a total value of $801,990.00. Following the completion of the transaction, the insider now directly owns 59,077 shares in the company, valued at approximately $2,244,926. The disclosure for this sale can be found here. In the last three months, insiders sold 1,809,913 shares of company stock worth $68,582,025. 8.42% of the stock is owned by corporate insiders.
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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.
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