Media stories about LifePoint Health (NASDAQ:LPNT) have been trending positive on Friday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LifePoint Health earned a daily sentiment score of 0.44 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.024406812069 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of equities analysts have weighed in on LPNT shares. ValuEngine downgraded LifePoint Health from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research raised LifePoint Health from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. Credit Suisse Group started coverage on LifePoint Health in a research report on Thursday, November 2nd. They set a “neutral” rating and a $54.00 price target for the company. SunTrust Banks, Inc. set a $60.00 price target on LifePoint Health and gave the stock a “hold” rating in a research report on Thursday, October 12th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $66.00 price target on shares of LifePoint Health in a research report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the stock. LifePoint Health has a consensus rating of “Hold” and an average target price of $60.23.
Shares of LifePoint Health (NASDAQ LPNT) opened at $44.10 on Friday. LifePoint Health has a twelve month low of $42.50 and a twelve month high of $70.95. The stock has a market capitalization of $1,714.59, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 1.13 and a beta of 0.68. The company has a current ratio of 1.85, a quick ratio of 1.65 and a debt-to-equity ratio of 1.24.
LifePoint Health (NASDAQ:LPNT) last announced its quarterly earnings results on Friday, October 27th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by ($0.15). LifePoint Health had a net margin of 2.45% and a return on equity of 7.01%. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.60 billion. During the same period in the prior year, the business earned $0.94 EPS. The company’s revenue for the quarter was down .7% compared to the same quarter last year. equities research analysts expect that LifePoint Health will post 3.65 earnings per share for the current fiscal year.
LifePoint Health announced that its Board of Directors has initiated a stock repurchase plan on Friday, October 27th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its stock is undervalued.
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About LifePoint Health
LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. As of December 31, 2016, the Company operated 72 hospital campuses in 22 states, having a total of 9,424 licensed beds. It offers a range of general and specialized healthcare services to patients through a network of hospitals and outpatient facilities.
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