Equities analysts expect that Tivity Health Inc (NASDAQ:TVTY) will report earnings of $0.56 per share for the current quarter, according to Zacks. Six analysts have issued estimates for Tivity Health’s earnings. The lowest EPS estimate is $0.56 and the highest is $0.57. Tivity Health posted earnings per share of $0.46 during the same quarter last year, which would indicate a positive year over year growth rate of 21.7%. The firm is scheduled to announce its next quarterly earnings report on Thursday, October 25th.
On average, analysts expect that Tivity Health will report full-year earnings of $2.15 per share for the current financial year, with EPS estimates ranging from $2.12 to $2.19. For the next financial year, analysts expect that the company will report earnings of $2.39 per share, with EPS estimates ranging from $2.32 to $2.43. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Tivity Health.
Tivity Health (NASDAQ:TVTY) last released its quarterly earnings data on Thursday, August 2nd. The company reported $0.53 earnings per share for the quarter, hitting the consensus estimate of $0.53. The business had revenue of $151.90 million during the quarter, compared to analyst estimates of $152.98 million. Tivity Health had a return on equity of 28.38% and a net margin of 13.79%. The company’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $0.41 EPS.
Several equities research analysts have recently weighed in on TVTY shares. Zacks Investment Research raised Tivity Health from a “sell” rating to a “hold” rating in a research note on Tuesday, August 7th. BidaskClub upgraded Tivity Health from a “strong sell” rating to a “sell” rating in a report on Friday, August 31st. ValuEngine lowered Tivity Health from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Chardan Capital upgraded Tivity Health from a “neutral” rating to a “buy” rating and set a $42.00 target price for the company in a report on Monday, June 4th. Finally, SunTrust Banks restated a “buy” rating and issued a $46.00 target price on shares of Tivity Health in a report on Friday, August 3rd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. Tivity Health currently has an average rating of “Hold” and a consensus price target of $47.43.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northern Trust Corp lifted its holdings in shares of Tivity Health by 8.9% in the second quarter. Northern Trust Corp now owns 567,823 shares of the company’s stock valued at $19,988,000 after purchasing an additional 46,478 shares in the last quarter. WCM Investment Management CA purchased a new stake in shares of Tivity Health during the second quarter worth $2,588,000. Glenmede Trust Co. NA raised its holdings in shares of Tivity Health by 15.5% during the second quarter. Glenmede Trust Co. NA now owns 1,287,733 shares of the company’s stock worth $45,328,000 after acquiring an additional 172,418 shares in the last quarter. MetLife Investment Advisors LLC raised its holdings in shares of Tivity Health by 15.0% during the second quarter. MetLife Investment Advisors LLC now owns 18,680 shares of the company’s stock worth $658,000 after acquiring an additional 2,441 shares in the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its holdings in shares of Tivity Health by 16.8% during the second quarter. Metropolitan Life Insurance Co. NY now owns 14,231 shares of the company’s stock worth $501,000 after acquiring an additional 2,045 shares in the last quarter.
Shares of TVTY traded up $0.10 during trading hours on Thursday, hitting $32.60. 345,500 shares of the company were exchanged, compared to its average volume of 545,524. The firm has a market cap of $1.29 billion, a PE ratio of 19.24, a P/E/G ratio of 1.37 and a beta of 0.55. Tivity Health has a one year low of $29.95 and a one year high of $48.50.
About Tivity Health
Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.
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