Zacks Investment Research upgraded shares of Envision Healthcare Holdings Inc. (NYSE:EVHC) from a sell rating to a hold rating in a research note published on Wednesday morning.

According to Zacks, “Envision Healthcare Holdings, Inc. engages in providing physician-led, outsourced medical services primarily in the United States. The Company, through its subsidiaries, provides medical services and solutions, including emergency, anesthesiology, hospitalist/inpatient care, radiology, tele-radiology and surgery. It offers an array of healthcare-related services to consumers, hospitals, healthcare systems, health plans and local, state and national government entities. Envision Healthcare Holdings, Inc. is headquartered in Greenwood Village, Colorado. “

Analyst Recommendations for Envision Healthcare Holdings (NYSE:EVHC)

Several other equities analysts have also recently weighed in on EVHC. TheStreet raised shares of Envision Healthcare Holdings from a sell rating to a hold rating in a research note on Monday, May 23rd. Bank of America Corp. reaffirmed a hold rating on shares of Envision Healthcare Holdings in a research note on Saturday, June 18th. Mizuho reaffirmed a hold rating on shares of Envision Healthcare Holdings in a research note on Sunday, June 26th. Jefferies Group cut their target price on shares of Envision Healthcare Holdings from $35.00 to $32.00 and set a buy rating for the company in a research note on Thursday, August 4th. Finally, Royal Bank Of Canada reaffirmed a buy rating on shares of Envision Healthcare Holdings in a research note on Thursday, June 16th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of $30.92.

Envision Healthcare Holdings (NYSE:EVHC) opened at 21.60 on Wednesday. The stock has a market cap of $4.04 billion, a PE ratio of 36.00 and a beta of 0.43. The firm has a 50 day moving average of $21.94 and a 200-day moving average of $23.15. Envision Healthcare Holdings has a 52-week low of $18.31 and a 52-week high of $42.00.

Envision Healthcare Holdings (NYSE:EVHC) last posted its earnings results on Wednesday, August 3rd. The company reported $0.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.36 by $0.02. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.66 billion. Envision Healthcare Holdings had a net margin of 1.88% and a return on equity of 11.74%. The business’s revenue was up 21.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 earnings per share. Equities analysts anticipate that Envision Healthcare Holdings will post $1.43 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Daiwa Securities Group Inc. raised its stake in shares of Envision Healthcare Holdings by 11.9% in the second quarter. Daiwa Securities Group Inc. now owns 4,700 shares of the company’s stock worth $119,000 after buying an additional 500 shares during the last quarter. Picton Mahoney Asset Management raised its stake in shares of Envision Healthcare Holdings by 22.5% in the first quarter. Picton Mahoney Asset Management now owns 4,900 shares of the company’s stock worth $100,000 after buying an additional 900 shares during the last quarter. LS Investment Advisors LLC raised its stake in shares of Envision Healthcare Holdings by 23.8% in the second quarter. LS Investment Advisors LLC now owns 5,066 shares of the company’s stock worth $129,000 after buying an additional 974 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Envision Healthcare Holdings by 9.8% in the second quarter. Nordea Investment Management AB now owns 5,457 shares of the company’s stock worth $138,000 after buying an additional 488 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake in shares of Envision Healthcare Holdings by 67.6% in the second quarter. BNP Paribas Arbitrage SA now owns 5,741 shares of the company’s stock worth $146,000 after buying an additional 2,316 shares during the last quarter.

Envision Healthcare Holdings Company Profile

Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

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