Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Healthways (TVTY) Stock Price
Media headlines about Healthways (NASDAQ:TVTY) have trended somewhat positive on Saturday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Healthways earned a news sentiment score of 0.05 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.8114828108693 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Tivity Health Announces National SilverSneakers® Richard L. Swanson Award Winner (finance.yahoo.com)
- Tivity Health, Inc. breached its 50 day moving average in a Bullish Manner : TVTY-US : August 7, 2017 (finance.yahoo.com)
- Healthways, Inc. (NASDAQ:TVTY) Insider Sells $801,990.00 in Stock (americanbankingnews.com)
A number of research analysts have recently issued reports on TVTY shares. Zacks Investment Research raised Healthways from a “hold” rating to a “buy” rating and set a $38.00 price objective on the stock in a research note on Tuesday, May 2nd. BidaskClub raised Healthways from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $41.00 price target (up from $32.00) on shares of Healthways in a research note on Monday, May 1st. UBS AG upped their price target on Healthways from $37.00 to $43.00 and gave the stock a “buy” rating in a research note on Friday, June 23rd. Finally, Barrington Research upped their price target on Healthways from $35.00 to $44.00 and gave the stock an “outperform” rating in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $38.25.
Shares of Healthways (NASDAQ:TVTY) traded down 1.21% during mid-day trading on Friday, hitting $36.85. The stock had a trading volume of 298,849 shares. The stock’s 50-day moving average price is $39.29 and its 200-day moving average price is $32.55. Healthways has a 52-week low of $19.25 and a 52-week high of $41.55. The firm has a market cap of $1.45 billion, a PE ratio of 16.60 and a beta of 0.37.
Healthways (NASDAQ:TVTY) last released its earnings results on Thursday, July 27th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.03. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The firm had revenue of $138.90 million during the quarter, compared to analyst estimates of $138.15 million. The firm’s revenue was up 11.1% compared to the same quarter last year. On average, analysts anticipate that Healthways will post $1.52 earnings per share for the current fiscal year.
In other news, insider Glenn Hargreaves sold 21,105 shares of Healthways stock in a transaction that occurred on Friday, August 4th. The shares were sold at an average price of $38.00, for a total transaction of $801,990.00. Following the completion of the transaction, the insider now directly owns 59,077 shares in the company, valued at $2,244,926. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Conan Laughlin sold 1,750,000 shares of Healthways stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $37.90, for a total transaction of $66,325,000.00. The disclosure for this sale can be found here. 8.42% of the stock is currently owned by company insiders.
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Healthways Company Profile
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.
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