Civitas Solutions (CIVI) Scheduled to Post Earnings on Wednesday

Civitas Solutions (NYSE:CIVI) is scheduled to release its earnings data after the market closes on Wednesday, February 7th. Analysts expect Civitas Solutions to post earnings of $0.17 per share for the quarter.

Civitas Solutions (NYSE:CIVI) last announced its earnings results on Tuesday, December 12th. The company reported $0.25 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.02. Civitas Solutions had a return on equity of 16.25% and a net margin of 0.43%. On average, analysts expect Civitas Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Civitas Solutions (NYSE CIVI) opened at $15.55 on Monday. The company has a debt-to-equity ratio of 3.83, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market capitalization of $583.86, a P/E ratio of 91.47, a PEG ratio of 2.01 and a beta of 0.42. Civitas Solutions has a 52 week low of $13.45 and a 52 week high of $19.95.

CIVI has been the subject of several research reports. Zacks Investment Research upgraded Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub cut Civitas Solutions from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Canaccord Genuity boosted their price target on Civitas Solutions from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. SunTrust Banks set a $21.00 price target on Civitas Solutions and gave the stock a “buy” rating in a research report on Thursday, December 21st. Finally, Citigroup upgraded Civitas Solutions to an “outperform” rating and set a $21.00 price target for the company in a research report on Friday. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $23.00.

In related news, CFO Denis M. Holler sold 7,148 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $19.63, for a total transaction of $140,315.24. Following the completion of the sale, the chief financial officer now directly owns 287,762 shares in the company, valued at $5,648,768.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Renzo Linda De sold 4,155 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $18.75, for a total value of $77,906.25. Following the sale, the insider now owns 162,893 shares of the company’s stock, valued at $3,054,243.75. The disclosure for this sale can be found here. Insiders have sold 32,619 shares of company stock valued at $631,649 over the last quarter. 5.30% of the stock is owned by company insiders.

TRADEMARK VIOLATION NOTICE: This story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this story on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this story can be accessed at https://www.dispatchtribunal.com/2018/02/05/civitas-solutions-civi-scheduled-to-post-earnings-on-wednesday.html.

Civitas Solutions Company Profile

Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).

Earnings History for Civitas Solutions (NYSE:CIVI)

Receive News & Ratings for Civitas Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Civitas Solutions and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply