Almost Family Inc (AFAM) Given Buy Rating at Jefferies Group LLC
Several other analysts have also issued reports on the stock. Zacks Investment Research lowered shares of Almost Family from a hold rating to a sell rating in a research report on Wednesday, July 12th. Robert W. Baird lowered shares of Almost Family from an outperform rating to a neutral rating and boosted their target price for the company from $55.00 to $64.00 in a research report on Monday, July 10th. ValuEngine upgraded shares of Almost Family from a hold rating to a buy rating in a research report on Friday, September 1st. BidaskClub lowered shares of Almost Family from a buy rating to a hold rating in a research report on Monday, July 24th. Finally, Royal Bank Of Canada restated a buy rating on shares of Almost Family in a research report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of $56.50.
Almost Family (NASDAQ AFAM) traded down $0.35 on Friday, hitting $50.95. 120,885 shares of the stock traded hands, compared to its average volume of 133,915. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.40 and a quick ratio of 2.40. Almost Family has a 1 year low of $38.05 and a 1 year high of $62.95. The stock has a market capitalization of $711.47, a PE ratio of 21.59, a price-to-earnings-growth ratio of 2.26 and a beta of 0.40.
Almost Family (NASDAQ:AFAM) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 earnings per share for the quarter, meeting the consensus estimate of $0.56. The firm had revenue of $200.70 million during the quarter, compared to analysts’ expectations of $205.48 million. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The firm’s quarterly revenue was up 28.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.61 earnings per share. equities analysts predict that Almost Family will post 2.17 earnings per share for the current year.
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In other Almost Family news, SVP John Shermyen sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $52.00, for a total value of $104,000.00. Following the completion of the transaction, the senior vice president now directly owns 79,864 shares in the company, valued at $4,152,928. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 13.10% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of AFAM. Swiss National Bank boosted its position in shares of Almost Family by 35.6% in the first quarter. Swiss National Bank now owns 18,653 shares of the company’s stock worth $907,000 after purchasing an additional 4,900 shares during the period. Karp Capital Management Corp purchased a new stake in Almost Family during the first quarter valued at $255,000. Parametric Portfolio Associates LLC raised its stake in Almost Family by 6.9% during the first quarter. Parametric Portfolio Associates LLC now owns 28,602 shares of the company’s stock valued at $1,390,000 after purchasing an additional 1,844 shares in the last quarter. Prudential Financial Inc. raised its stake in Almost Family by 34.1% during the first quarter. Prudential Financial Inc. now owns 20,512 shares of the company’s stock valued at $997,000 after purchasing an additional 5,220 shares in the last quarter. Finally, American International Group Inc. raised its stake in Almost Family by 9.4% during the first quarter. American International Group Inc. now owns 6,641 shares of the company’s stock valued at $323,000 after purchasing an additional 572 shares in the last quarter. Institutional investors and hedge funds own 86.77% of the company’s stock.
Almost Family Company Profile
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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