HealthSouth Corporation (NYSE:HLS) issued its quarterly earnings data on Thursday, October 26th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.01, Bloomberg Earnings reports. The business had revenue of $995.60 million during the quarter, compared to analysts’ expectations of $985.75 million. HealthSouth Corporation had a net margin of 6.69% and a return on equity of 22.81%. The business’s revenue was up 7.4% on a year-over-year basis. During the same period last year, the company posted $0.65 EPS.
Shares of HealthSouth Corporation (NYSE:HLS) opened at $48.50 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.89. HealthSouth Corporation has a 1-year low of $38.24 and a 1-year high of $49.99. The stock has a market cap of $4,768.08, a price-to-earnings ratio of 17.38, a PEG ratio of 1.78 and a beta of 0.52.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Friday, December 29th. HealthSouth Corporation’s payout ratio is 36.36%.
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A number of equities research analysts recently weighed in on the stock. Robert W. Baird reiterated a “buy” rating and set a $55.00 price objective on shares of HealthSouth Corporation in a report on Monday, October 9th. Zacks Investment Research lowered shares of HealthSouth Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, October 31st. Mizuho upgraded shares of HealthSouth Corporation from a “neutral” rating to a “buy” rating and set a $55.00 price target for the company in a report on Thursday, November 2nd. ValuEngine downgraded shares of HealthSouth Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $55.00 price objective on shares of HealthSouth Corporation in a research report on Wednesday, September 6th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. HealthSouth Corporation currently has an average rating of “Hold” and an average price target of $51.75.
In other news, Director Yvonne M. Curl acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was purchased at an average price of $45.95 per share, with a total value of $45,950.00. Following the completion of the acquisition, the director now owns 64,144 shares of the company’s stock, valued at approximately $2,947,416.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company’s stock.
HealthSouth Corporation Company Profile
HealthSouth Corporation (HealthSouth) is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Company manages its operations through segments, including inpatient rehabilitation, and home health and hospice.
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