SunTrust Banks, Inc. set a $50.00 price objective on Tivity Health Inc (NASDAQ:TVTY) in a research report report published on Friday morning. The brokerage currently has a buy rating on the stock. SunTrust Banks also issued estimates for Tivity Health’s Q4 2017 earnings at $0.34 EPS, FY2017 earnings at $1.62 EPS, Q1 2018 earnings at $0.41 EPS, Q2 2018 earnings at $0.44 EPS, Q3 2018 earnings at $0.44 EPS, Q4 2018 earnings at $0.44 EPS, FY2018 earnings at $1.74 EPS, Q1 2019 earnings at $0.48 EPS, Q2 2019 earnings at $0.50 EPS, Q3 2019 earnings at $0.50 EPS and FY2019 earnings at $1.96 EPS.

TVTY has been the subject of a number of other reports. Chardan Capital began coverage on shares of Tivity Health in a research report on Tuesday, August 29th. They set a neutral rating and a $40.00 price target for the company. Zacks Investment Research upgraded shares of Tivity Health from a sell rating to a hold rating in a research report on Wednesday, September 6th. Jefferies Group LLC reiterated a buy rating and set a $46.00 price target on shares of Tivity Health in a research report on Monday, September 25th. Barrington Research lifted their price target on shares of Tivity Health from $35.00 to $44.00 and gave the company an outperform rating in a research report on Friday, July 28th. Finally, ValuEngine upgraded shares of Tivity Health from a hold rating to a buy rating in a research report on Friday, September 1st. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of Buy and an average price target of $44.29.

Tivity Health (TVTY) opened at 45.00 on Friday. The firm has a market cap of $1.77 billion, a PE ratio of 20.27 and a beta of 0.38. The firm’s 50 day moving average price is $40.52 and its 200-day moving average price is $37.41. Tivity Health has a one year low of $19.25 and a one year high of $47.90.

Tivity Health (NASDAQ:TVTY) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.10. Tivity Health had a net margin of 12.41% and a return on equity of 30.87%. The company had revenue of $137.70 million during the quarter, compared to the consensus estimate of $137.95 million. Tivity Health’s revenue was up 10.2% on a year-over-year basis. Equities analysts predict that Tivity Health will post $1.54 EPS for the current fiscal year.

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In related news, insider Glenn Hargreaves sold 23,448 shares of Tivity Health stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $37.78, for a total transaction of $885,865.44. Following the completion of the transaction, the insider now directly owns 62,211 shares in the company, valued at approximately $2,350,331.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mary Flipse sold 1,340 shares of Tivity Health stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $37.32, for a total value of $50,008.80. Following the transaction, the insider now owns 75,187 shares of the company’s stock, valued at $2,805,978.84. The disclosure for this sale can be found here. Insiders have sold a total of 74,858 shares of company stock valued at $2,847,017 over the last 90 days. Insiders own 8.42% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. United Services Automobile Association acquired a new position in shares of Tivity Health during the 1st quarter worth approximately $377,000. Dimensional Fund Advisors LP acquired a new position in shares of Tivity Health during the 1st quarter worth approximately $70,660,000. Credit Suisse AG acquired a new position in shares of Tivity Health during the 1st quarter worth approximately $1,395,000. California Public Employees Retirement System acquired a new position in shares of Tivity Health during the 1st quarter worth approximately $247,000. Finally, Vanguard Group Inc. acquired a new position in shares of Tivity Health during the 1st quarter worth approximately $135,544,000.

Tivity Health 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.

Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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