Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Almost Family (AFAM) Share Price
Press coverage about Almost Family (NASDAQ:AFAM) has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Almost Family earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.1522023028566 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Almost Family Inc (AFAM) to Post Q4 2017 Earnings of $0.62 Per Share, Jefferies Group Forecasts (americanbankingnews.com)
- Featured Company News – Almost Family Provides Details of Impact of Recent Events on Financial Performance in Q3 2017 (finance.yahoo.com)
- Almost Family, Inc. – Value Analysis (NASDAQ:AFAM) : October 11, 2017 (finance.yahoo.com)
- Jefferies Group Equities Analysts Cut Earnings Estimates for Almost Family Inc (AFAM) (americanbankingnews.com)
- Almost Family Inc (AFAM) Raised to Hold at Zacks Investment Research (americanbankingnews.com)
Several brokerages have weighed in on AFAM. Robert W. Baird downgraded Almost Family from an “outperform” rating to a “neutral” rating and boosted their price objective for the company from $55.00 to $64.00 in a research report on Monday, July 10th. Zacks Investment Research downgraded Almost Family from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. BidaskClub downgraded Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. ValuEngine downgraded Almost Family from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co began coverage on Almost Family in a research report on Monday. They issued a “neutral” rating and a $54.00 price objective for the company. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $57.40.
Shares of Almost Family (NASDAQ:AFAM) traded up 0.21% during mid-day trading on Thursday, reaching $46.90. The company’s stock had a trading volume of 23,524 shares. The company has a 50-day moving average price of $48.92 and a 200 day moving average price of $52.57. Almost Family has a 52-week low of $36.39 and a 52-week high of $62.95. The company has a market cap of $643.33 million, a PE ratio of 31.93 and a beta of 0.47.
Almost Family (NASDAQ:AFAM) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The business had revenue of $200.70 million during the quarter, compared to analyst estimates of $205.48 million. Almost Family had a return on equity of 7.09% and a net margin of 2.43%. The company’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same period last year, the company earned $0.61 EPS. Equities analysts expect that Almost Family will post $2.29 earnings per share for the current year.
In related news, SVP John Shermyen sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $52.00, for a total transaction of $104,000.00. Following the completion of the sale, the senior vice president now directly owns 79,864 shares of the company’s stock, valued at approximately $4,152,928. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.10% of the stock is currently owned by company insiders.
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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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