Tivity Health (NASDAQ:TVTY) had its target price cut by Chardan Capital from $33.00 to $24.00 in a research note published on Friday, AnalystRatings.com reports. They currently have a buy rating on the stock.

“We like the company’s continuing momentum in the healthcare business and successful selling season in Prime Fitness business. We liked Management’s confidence around addressing the Nutrisystem issues. We maintain our Buy rating and lower our 12-month $24 based on lower estimates and the company’s lower trading multiple.”,” Chardan Capital’s analyst commented.

TVTY has been the topic of a number of other research reports. Barrington Research restated an outperform rating on shares of Tivity Health in a research note on Thursday, August 8th. Cantor Fitzgerald upped their price target on shares of Tivity Health from $40.00 to $45.00 and gave the company an overweight rating in a research note on Thursday, May 9th. Zacks Investment Research lowered shares of Tivity Health from a hold rating to a sell rating in a research note on Friday, August 9th. Piper Jaffray Companies cut their price target on shares of Tivity Health from $33.00 to $25.00 and set an overweight rating on the stock in a research note on Thursday, August 8th. Finally, Oppenheimer upped their price target on shares of Tivity Health from $31.00 to $36.00 in a research note on Thursday, May 9th. Two research analysts have rated the stock with a sell rating and nine have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of $31.33.

NASDAQ TVTY opened at $18.18 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.94 and a debt-to-equity ratio of 2.06. The firm has a market cap of $898.31 million, a PE ratio of 7.77, a price-to-earnings-growth ratio of 0.82 and a beta of 1.05. The company has a 50 day moving average price of $16.97 and a 200 day moving average price of $18.79. Tivity Health has a 52 week low of $14.84 and a 52 week high of $41.46.

Tivity Health (NASDAQ:TVTY) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.02). The firm had revenue of $340.40 million for the quarter, compared to the consensus estimate of $340.73 million. Tivity Health had a return on equity of 24.83% and a net margin of 8.88%. The company’s revenue was up 124.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.53 EPS. On average, equities research analysts anticipate that Tivity Health will post 2.21 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Eqis Capital Management Inc. purchased a new stake in shares of Tivity Health in the 2nd quarter valued at $367,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of Tivity Health in the 1st quarter valued at $49,000. Geode Capital Management LLC boosted its holdings in shares of Tivity Health by 16.5% in the 4th quarter. Geode Capital Management LLC now owns 686,669 shares of the company’s stock valued at $17,035,000 after acquiring an additional 97,030 shares during the last quarter. Delta Asset Management LLC TN boosted its holdings in shares of Tivity Health by 1,851.9% in the 2nd quarter. Delta Asset Management LLC TN now owns 5,270 shares of the company’s stock valued at $87,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Tealwood Asset Management Inc. boosted its holdings in shares of Tivity Health by 0.9% in the 2nd quarter. Tealwood Asset Management Inc. now owns 119,231 shares of the company’s stock valued at $1,960,000 after acquiring an additional 1,032 shares during the last quarter.

Tivity Health Company Profile

Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement; and Prime fitness, a fitness facility access program through commercial health plans and employers.

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Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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