Tivity Health Inc (NASDAQ:TVTY) has received a consensus recommendation of “Buy” from the ten research firms that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $46.75.
Several research firms recently commented on TVTY. Barrington Research raised their target price on Tivity Health from $40.00 to $47.00 and gave the stock an “outperform” rating in a research note on Friday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $53.00 price target on shares of Tivity Health in a report on Friday. Chardan Capital reiterated a “neutral” rating and issued a $41.00 price target (down previously from $44.00) on shares of Tivity Health in a report on Friday. Zacks Investment Research upgraded Tivity Health from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Thursday, January 25th. Finally, BidaskClub lowered Tivity Health from a “buy” rating to a “hold” rating in a report on Thursday, January 4th.
Several large investors have recently made changes to their positions in TVTY. LS Investment Advisors LLC grew its holdings in Tivity Health by 170.9% in the fourth quarter. LS Investment Advisors LLC now owns 3,338 shares of the company’s stock worth $122,000 after purchasing an additional 2,106 shares during the last quarter. Meadow Creek Investment Management LLC raised its position in shares of Tivity Health by 76.4% in the fourth quarter. Meadow Creek Investment Management LLC now owns 3,472 shares of the company’s stock worth $127,000 after acquiring an additional 1,504 shares during the period. SG Americas Securities LLC acquired a new position in shares of Tivity Health in the third quarter worth about $210,000. Macquarie Group Ltd. acquired a new position in shares of Tivity Health in the fourth quarter worth about $212,000. Finally, Elkfork Partners LLC acquired a new position in shares of Tivity Health in the fourth quarter worth about $222,000.
Shares of Tivity Health (NASDAQ TVTY) remained flat at $$38.05 during mid-day trading on Tuesday. The company’s stock had a trading volume of 435,600 shares, compared to its average volume of 388,880. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.02. Tivity Health has a twelve month low of $27.25 and a twelve month high of $48.50. The firm has a market capitalization of $1,507.42, a P/E ratio of 25.71, a P/E/G ratio of 1.97 and a beta of 0.25.
Tivity Health (NASDAQ:TVTY) last issued its earnings results on Thursday, February 22nd. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.09. The business had revenue of $139.40 million during the quarter, compared to analysts’ expectations of $138.22 million. Tivity Health had a return on equity of 30.23% and a net margin of 11.45%. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.35 EPS. sell-side analysts anticipate that Tivity Health will post 1.61 EPS for the current fiscal year.
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About Tivity Health
Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.
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