Nutex Health (NASDAQ:NUTX) Shares Gap Up – Time to Buy?

Nutex Health Inc. (NASDAQ:NUTX) shares gapped up before the market opened on Friday . The stock had previously closed at $119.45, but opened at $129.80. Nutex Health shares last traded at $130.4340, with a volume of 4,974 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NUTX. Weiss Ratings upgraded shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Nutex Health from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $205.00.

Nutex Health Price Performance

The firm’s 50-day moving average is $111.43 and its 200-day moving average is $127.63. The company has a market capitalization of $915.07 million, a PE ratio of 10.28 and a beta of 0.25. The company has a quick ratio of 3.12, a current ratio of 3.14 and a debt-to-equity ratio of 0.66.

Nutex Health (NASDAQ:NUTX) last announced its earnings results on Thursday, April 30th. The company reported $6.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.99 by $2.53. Nutex Health had a net margin of 10.95% and a return on equity of 23.50%. The company had revenue of $216.49 million during the quarter, compared to analyst estimates of $227.80 million.

Institutional Trading of Nutex Health

Institutional investors have recently added to or reduced their stakes in the business. Deutsche Bank AG boosted its stake in shares of Nutex Health by 3.9% during the fourth quarter. Deutsche Bank AG now owns 2,633 shares of the company’s stock valued at $433,000 after purchasing an additional 98 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Nutex Health by 1.4% during the fourth quarter. Russell Investments Group Ltd. now owns 8,706 shares of the company’s stock valued at $1,433,000 after purchasing an additional 116 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in shares of Nutex Health by 3.7% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,600 shares of the company’s stock worth $922,000 after purchasing an additional 200 shares during the period. Islay Capital Management LLC purchased a new stake in shares of Nutex Health during the fourth quarter worth about $34,000. Finally, First Trust Advisors LP boosted its holdings in shares of Nutex Health by 2.4% during the fourth quarter. First Trust Advisors LP now owns 11,461 shares of the company’s stock worth $1,887,000 after purchasing an additional 272 shares during the period. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Nutex Health Company Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.