LHC Group (LHCG) Receives Daily News Sentiment Score of 0.19
Media stories about LHC Group (NASDAQ:LHCG) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LHC Group earned a news impact score of 0.19 on Accern’s scale. Accern also assigned headlines about the health services provider an impact score of 45.6692642830903 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- LHC Group (LHCG) Announces New Joint Venture Agreement with Erlanger Health System (streetinsider.com)
- LHC Group and Erlanger Health System Finalize Joint Venture Agreement (finance.yahoo.com)
- BRIEF-LHC Group And Erlanger Health System Finalize Joint Venture Agreement (feeds.reuters.com)
- ValuEngine Downgrades LHC Group (LHCG) to Hold (americanbankingnews.com)
- Accretive Health (RCM) vs. LHC Group (LHCG) Head to Head Survey (americanbankingnews.com)
Several brokerages have issued reports on LHCG. SunTrust Banks reaffirmed a “buy” rating and set a $75.00 price target on shares of LHC Group in a research note on Friday, November 3rd. Zacks Investment Research lowered LHC Group from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Oppenheimer lifted their price target on LHC Group from $68.00 to $80.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. Craig Hallum reaffirmed a “buy” rating and set a $80.00 price target (up previously from $67.00) on shares of LHC Group in a research note on Tuesday, November 7th. Finally, Royal Bank Of Canada lifted their price target on LHC Group from $70.00 to $81.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 7th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. LHC Group currently has a consensus rating of “Buy” and an average target price of $77.10.
Shares of LHC Group (NASDAQ LHCG) opened at $63.90 on Thursday. LHC Group has a 52 week low of $41.66 and a 52 week high of $76.14. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $1,150.85, a PE ratio of 27.02, a PEG ratio of 1.87 and a beta of 0.69.
LHC Group (NASDAQ:LHCG) last released its earnings results on Monday, November 6th. The health services provider reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.04. LHC Group had a return on equity of 9.52% and a net margin of 4.09%. The company had revenue of $272.90 million during the quarter, compared to analyst estimates of $265.35 million. During the same quarter in the previous year, the company posted $0.54 EPS. LHC Group’s revenue for the quarter was up 18.2% on a year-over-year basis. analysts expect that LHC Group will post 2.4 earnings per share for the current year.
In other news, COO Donald Dwayne Stelly sold 2,650 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $65.34, for a total value of $173,151.00. Following the completion of the sale, the chief operating officer now owns 109,235 shares of the company’s stock, valued at approximately $7,137,414.90. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 14.80% of the company’s stock.
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About LHC Group
LHC Group, Inc is a holding company. The Company provides post-acute healthcare services to patients through its home nursing agencies, hospice agencies, community-based services agencies and long-term acute care hospitals (LTACHs). The Company operates through four segments: home health services, hospice services, community-based services and facility-based services.
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