Nutex Health Inc. (NASDAQ:NUTX) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Nutex Health Inc. (NASDAQ:NUTX) have received a consensus rating of “Moderate Buy” from the five brokerages that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $243.3333.

Several research firms recently issued reports on NUTX. Weiss Ratings raised shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Zacks Research raised shares of Nutex Health to a “hold” rating in a research report on Monday. Lake Street Capital initiated coverage on shares of Nutex Health in a research report on Tuesday, June 2nd. They set a “buy” rating and a $235.00 price target for the company. B. Riley Financial initiated coverage on shares of Nutex Health in a research report on Friday, June 26th. They set a “buy” rating and a $290.00 price target for the company. Finally, Wall Street Zen raised shares of Nutex Health from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th.

Institutional Investors Weigh In On Nutex Health

Several large investors have recently made changes to their positions in the business. Deutsche Bank AG grew its holdings in Nutex Health by 3.9% during the 4th quarter. Deutsche Bank AG now owns 2,633 shares of the company’s stock valued at $433,000 after purchasing an additional 98 shares in the last quarter. Russell Investments Group Ltd. increased its stake in Nutex Health by 1.4% during the 4th quarter. Russell Investments Group Ltd. now owns 8,706 shares of the company’s stock worth $1,433,000 after buying an additional 116 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in Nutex Health by 3.7% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,600 shares of the company’s stock worth $922,000 after buying an additional 200 shares during the period. Islay Capital Management LLC purchased a new stake in Nutex Health during the 4th quarter worth $34,000. Finally, First Trust Advisors LP increased its stake in Nutex Health by 2.4% during the 4th quarter. First Trust Advisors LP now owns 11,461 shares of the company’s stock worth $1,887,000 after buying an additional 272 shares during the period. Institutional investors and hedge funds own 5.32% of the company’s stock.

Nutex Health Trading Up 2.0%

Shares of Nutex Health stock opened at $170.89 on Wednesday. Nutex Health has a 52-week low of $77.21 and a 52-week high of $193.07. The company has a quick ratio of 3.12, a current ratio of 3.14 and a debt-to-equity ratio of 0.66. The company’s 50-day simple moving average is $131.86 and its 200-day simple moving average is $129.94. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 13.21 and a beta of 0.26.

Nutex Health (NASDAQ:NUTX) last released its quarterly earnings data on Thursday, April 30th. The company reported $6.52 EPS for the quarter, topping analysts’ consensus estimates of $3.99 by $2.53. Nutex Health had a net margin of 10.95% and a return on equity of 23.50%. The firm had revenue of $216.49 million for the quarter, compared to the consensus estimate of $227.80 million. As a group, equities research analysts anticipate that Nutex Health will post 22.72 earnings per share for the current year.

About Nutex Health

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.