SunTrust Banks, Inc. Analysts Give Almost Family Inc (AFAM) a $73.00 Price Target
A number of other research analysts also recently weighed in on AFAM. Jefferies Group LLC reiterated a buy rating and issued a $58.00 price objective on shares of Almost Family in a research report on Friday, November 3rd. BidaskClub cut shares of Almost Family from a buy rating to a hold rating in a research note on Monday, July 24th. Robert W. Baird set a $55.00 target price on shares of Almost Family and gave the stock a hold rating in a research note on Saturday, October 21st. Royal Bank Of Canada reissued a buy rating on shares of Almost Family in a research note on Wednesday, October 11th. Finally, ValuEngine raised shares of Almost Family from a hold rating to a buy rating in a research note on Thursday, November 9th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of $60.67.
Almost Family (NASDAQ:AFAM) opened at $60.90 on Friday. The stock has a market cap of $863.92, a price-to-earnings ratio of 29.04, a P/E/G ratio of 3.04 and a beta of 0.40. Almost Family has a 1 year low of $39.34 and a 1 year high of $62.95. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.27.
Almost Family (NASDAQ:AFAM) last posted its earnings results on Tuesday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The company had revenue of $194.30 million during the quarter, compared to the consensus estimate of $199.93 million. Almost Family had a net margin of 2.02% and a return on equity of 6.12%. The firm’s quarterly revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.66 earnings per share. equities analysts anticipate that Almost Family will post 2.08 EPS for the current fiscal year.
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In other news, Director Jonathan Goldberg sold 10,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $60.08, for a total value of $600,800.00. Following the completion of the sale, the director now owns 44,803 shares of the company’s stock, valued at approximately $2,691,764.24. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP John Shermyen sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $52.00, for a total transaction of $104,000.00. Following the completion of the sale, the senior vice president now directly owns 79,864 shares of the company’s stock, valued at approximately $4,152,928. The disclosure for this sale can be found here. 13.10% of the stock is currently owned by corporate insiders.
Several institutional investors have recently bought and sold shares of the company. Capstone Asset Management Co. grew its stake in shares of Almost Family by 0.3% in the 2nd quarter. Capstone Asset Management Co. now owns 6,663 shares of the company’s stock valued at $411,000 after buying an additional 20 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of Almost Family by 0.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 11,795 shares of the company’s stock valued at $727,000 after buying an additional 70 shares during the period. Texas Permanent School Fund grew its stake in shares of Almost Family by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 8,704 shares of the company’s stock valued at $537,000 after buying an additional 73 shares during the period. Eagle Global Advisors LLC grew its stake in shares of Almost Family by 1.4% in the 2nd quarter. Eagle Global Advisors LLC now owns 6,132 shares of the company’s stock valued at $378,000 after buying an additional 82 shares during the period. Finally, Municipal Employees Retirement System of Michigan grew its stake in shares of Almost Family by 7.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,810 shares of the company’s stock valued at $173,000 after buying an additional 190 shares during the period. 83.26% of the stock is owned by institutional investors and hedge funds.
Almost Family Company Profile
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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