Equities analysts expect Civitas Solutions Inc (NYSE:CIVI) to post earnings of $0.20 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Civitas Solutions’ earnings, with the lowest EPS estimate coming in at $0.08 and the highest estimate coming in at $0.32. Civitas Solutions posted earnings of $0.25 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 20%. The firm is expected to issue its next earnings report on Tuesday, December 11th.

According to Zacks, analysts expect that Civitas Solutions will report full year earnings of $1.49 per share for the current financial year, with EPS estimates ranging from $1.36 to $1.61. For the next year, analysts expect that the company will post earnings of $1.07 per share, with EPS estimates ranging from $0.57 to $1.57. Zacks’ earnings per share averages are an average based on a survey of research firms that follow Civitas Solutions.

Civitas Solutions (NYSE:CIVI) last released its earnings results on Tuesday, August 7th. The company reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.18. The company had revenue of $404.50 million during the quarter, compared to the consensus estimate of $398.26 million. Civitas Solutions had a return on equity of 31.01% and a net margin of 0.37%.

CIVI has been the topic of a number of analyst reports. ValuEngine cut Civitas Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 10th. Zacks Investment Research cut Civitas Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 10th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $19.80.

NYSE:CIVI traded up $0.05 during mid-day trading on Thursday, reaching $14.35. The stock had a trading volume of 600 shares, compared to its average volume of 44,306. The company has a market capitalization of $525.32 million, a price-to-earnings ratio of 20.14, a PEG ratio of 0.99 and a beta of 0.57. Civitas Solutions has a one year low of $11.15 and a one year high of $19.90. The company has a debt-to-equity ratio of 4.19, a current ratio of 1.27 and a quick ratio of 1.27.

In other news, insider Jeffrey Michael Cohen sold 2,039 shares of the business’s stock in a transaction that occurred on Monday, July 2nd. The stock was sold at an average price of $16.20, for a total transaction of $33,031.80. Following the transaction, the insider now directly owns 76,361 shares of the company’s stock, valued at $1,237,048.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Bruce F. Nardella sold 12,005 shares of the business’s stock in a transaction that occurred on Friday, July 6th. The shares were sold at an average price of $16.88, for a total value of $202,644.40. Following the transaction, the insider now directly owns 597,686 shares in the company, valued at $10,088,939.68. The disclosure for this sale can be found here. Insiders sold a total of 23,346 shares of company stock worth $391,708 over the last ninety days. Insiders own 4.76% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of CIVI. Summit Trail Advisors LLC grew its stake in Civitas Solutions by 37.0% in the second quarter. Summit Trail Advisors LLC now owns 21,435 shares of the company’s stock worth $352,000 after purchasing an additional 5,793 shares during the period. Jane Street Group LLC purchased a new stake in Civitas Solutions in the first quarter worth $157,000. Jupiter Asset Management Ltd. grew its stake in Civitas Solutions by 5.1% in the first quarter. Jupiter Asset Management Ltd. now owns 270,589 shares of the company’s stock worth $4,167,000 after purchasing an additional 13,183 shares during the period. California Public Employees Retirement System grew its stake in Civitas Solutions by 10.8% in the first quarter. California Public Employees Retirement System now owns 64,808 shares of the company’s stock worth $998,000 after purchasing an additional 6,308 shares during the period. Finally, Spark Investment Management LLC grew its stake in Civitas Solutions by 44.0% in the first quarter. Spark Investment Management LLC now owns 18,000 shares of the company’s stock worth $277,000 after purchasing an additional 5,500 shares during the period. 89.97% of the stock is currently owned by hedge funds and other institutional investors.

About Civitas Solutions

Civitas Solutions, Inc provides home- and community-based health and human services to must-serve individuals with intellectual, developmental, behavioral, and/or medically complex disabilities and challenges in the United States. It operates through Intellectual and Developmental Disabilities (I/DD), Post-Acute Specialty Rehabilitation Services (SRS), and At-Risk Youth (ARY) segments.

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Earnings History and Estimates for Civitas Solutions (NYSE:CIVI)

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