Canaccord Genuity set a $4.80 price target on Nobilis Health Corp (NYSE:HLTH) in a report issued on Monday. The firm currently has a a buy rating on the stock.

Separately, Zacks Investment Research cut Nobilis Health Corp from a hold rating to a strong sell rating in a research report on Tuesday, July 12th.

Nobilis Health Corp (NYSE:HLTH) opened at 3.52 on Monday. The firm’s 50-day moving average price is $3.27 and its 200-day moving average price is $3.11. Nobilis Health Corp has a 12 month low of $1.82 and a 12 month high of $5.95. The stock has a market cap of $270.27 million and a P/E ratio of 5.17.

Nobilis Health Corp (NYSE:HLTH) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.05. The business earned $61.90 million during the quarter, compared to analyst estimates of $62.18 million. During the same quarter in the prior year, the business earned ($0.02) earnings per share. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. On average, analysts predict that Nobilis Health Corp will post $0.32 earnings per share for the current year.

A number of institutional investors have recently modified their holdings of the stock. Royce & Associates LP boosted its position in shares of Nobilis Health Corp by 28.7% in the second quarter. Royce & Associates LP now owns 1,590,800 shares of the company’s stock valued at $3,547,000 after buying an additional 355,100 shares during the period. Summit Creek Advisors LLC boosted its position in shares of Nobilis Health Corp by 23.7% in the second quarter. Summit Creek Advisors LLC now owns 1,558,976 shares of the company’s stock valued at $3,477,000 after buying an additional 298,955 shares during the period. BlackRock Fund Advisors boosted its position in shares of Nobilis Health Corp by 71.4% in the second quarter. BlackRock Fund Advisors now owns 1,424,287 shares of the company’s stock valued at $3,176,000 after buying an additional 593,140 shares during the period. Vanguard Group Inc. boosted its position in shares of Nobilis Health Corp by 3.1% in the second quarter. Vanguard Group Inc. now owns 1,122,445 shares of the company’s stock valued at $2,503,000 after buying an additional 34,227 shares during the period. Finally, Emerald Acquisition Ltd. bought a new position in shares of Nobilis Health Corp during the second quarter valued at about $2,498,000.

About Nobilis Health Corp

Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.

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