Tivity Health Inc (TVTY) PT Set at $50.00 by SunTrust Banks, Inc.
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.
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.
Receive News & Ratings for Tivity Health Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tivity Health Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.