Tivity Health Inc (TVTY) Receives $45.25 Consensus Price Target from Analysts

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.

WARNING: “Tivity Health Inc (TVTY) Receives $45.25 Consensus Price Target from Analysts” was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2018/02/23/tivity-health-inc-tvty-receives-45-25-consensus-price-target-from-analysts.html.

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.

Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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

Leave a Reply