LHC Group (LHCG) Earns Daily News Impact Rating of 0.15
Media coverage about LHC Group (NASDAQ:LHCG) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. LHC Group earned a news impact score of 0.15 on Accern’s scale. Accern also assigned media headlines about the health services provider an impact score of 45.5368462367929 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
- LHC Group (LHCG) Expected to Post Q1 2019 Earnings of $0.66 Per Share (americanbankingnews.com)
- Zacks: Analysts Expect LHC Group (LHCG) Will Announce Quarterly Sales of $264.15 Million (americanbankingnews.com)
- LHC Group (LHCG) vs. R1 RCM (RCM) Financial Survey (americanbankingnews.com)
- LHC Group (LHCG) Expected to Post Earnings of $0.60 Per Share (americanbankingnews.com)
LHCG has been the topic of a number of research analyst reports. Royal Bank Of Canada restated a “buy” rating on shares of LHC Group in a report on Tuesday, June 13th. Jefferies Group LLC restated a “buy” rating and set a $65.00 price objective on shares of LHC Group in a report on Friday, June 9th. Benchmark Co. raised their price objective on shares of LHC Group from $63.00 to $72.00 and gave the stock a “buy” rating in a report on Thursday, June 8th. BidaskClub lowered shares of LHC Group from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th. Finally, Bank of America Corporation initiated coverage on shares of LHC Group in a report on Monday, August 21st. They set a “buy” rating and a $76.00 price objective on the stock. One investment analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. LHC Group presently has a consensus rating of “Buy” and an average target price of $66.60.
Shares of LHC Group (LHCG) traded up 0.91% during midday trading on Friday, hitting $65.47. 73,608 shares of the company were exchanged. The firm’s 50 day moving average price is $63.81 and its 200 day moving average price is $60.05. LHC Group has a one year low of $32.04 and a one year high of $69.35. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 28.97 and a beta of 0.76.
LHC Group (NASDAQ:LHCG) last released its earnings results on Wednesday, August 2nd. The health services provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.09. LHC Group had a net margin of 4.13% and a return on equity of 9.62%. The company had revenue of $260.20 million for the quarter, compared to the consensus estimate of $254.10 million. During the same quarter in the previous year, the company earned $0.52 EPS. LHC Group’s quarterly revenue was up 15.1% compared to the same quarter last year. Analysts forecast that LHC Group will post $2.39 EPS for the current fiscal year.
In other LHC Group news, COO Donald Dwayne Stelly sold 2,650 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $65.34, for a total transaction of $173,151.00. Following the transaction, the chief operating officer now owns 109,235 shares in the company, valued at $7,137,414.90. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 14.80% of the stock is owned by insiders.
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About LHC Group
LHC Group, Inc is a holding company. The Company provides post-acute healthcare services to patients through its home nursing agencies, hospice agencies, community-based services agencies and long-term acute care hospitals (LTACHs). The Company operates through four segments: home health services, hospice services, community-based services and facility-based services.
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