Tivity Health (TVTY) Releases FY18 Earnings Guidance
Tivity Health (NASDAQ:TVTY) issued an update on its FY18 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.12-2.20 for the period, compared to the Thomson Reuters consensus estimate of $1.70. The company issued revenue guidance of $607-625 million, compared to the consensus revenue estimate of $616.41 million.
Shares of Tivity Health (TVTY) remained flat at $$38.05 during trading hours on Thursday. 435,625 shares of the company were exchanged, compared to its average volume of 376,298. The stock has a market cap of $1,507.42, a price-to-earnings ratio of 25.88, a PEG ratio of 1.97 and a beta of 0.25. Tivity Health has a 1 year low of $26.34 and a 1 year high of $48.50. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.02.
TVTY has been the topic of a number of research analyst reports. Oppenheimer raised their price objective on shares of Tivity Health from $47.00 to $50.00 and gave the stock an outperform rating in a report on Wednesday, November 1st. Zacks Investment Research raised shares of Tivity Health from a hold rating to a buy rating and set a $52.00 price objective on the stock in a report on Tuesday, October 31st. SunTrust Banks set a $50.00 price objective on shares of Tivity Health and gave the stock a buy rating in a report on Friday, October 27th. ValuEngine cut shares of Tivity Health from a buy rating to a hold rating in a report on Monday, November 6th. Finally, Cantor Fitzgerald reissued a buy rating and set a $45.00 price objective on shares of Tivity Health in a report on Monday, November 6th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of $45.25.
About Tivity Health
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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