Several other equities research analysts also recently issued reports on TVTY. Zacks Investment Research downgraded Tivity Health from a “hold” rating to a “sell” rating in a report on Wednesday, July 15th. Guggenheim began coverage on shares of Tivity Health in a report on Friday, June 12th. They issued a “neutral” rating on the stock. SunTrust Banks upped their price target on Tivity Health from $10.00 to $11.00 and gave the company a “hold” rating in a report on Thursday, May 21st. ValuEngine raised shares of Tivity Health from a “sell” rating to a “hold” rating in a report on Thursday, July 2nd. Finally, Barrington Research lowered their target price on shares of Tivity Health from $24.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $16.45.
TVTY opened at $13.12 on Friday. The company has a quick ratio of 1.05, a current ratio of 1.23 and a debt-to-equity ratio of 142.77. Tivity Health has a 52-week low of $1.92 and a 52-week high of $26.07. The company has a market cap of $636.14 million, a price-to-earnings ratio of 9.51, a PEG ratio of 2.41 and a beta of 2.18. The firm’s fifty day simple moving average is $11.48 and its two-hundred day simple moving average is $12.24.
Tivity Health (NASDAQ:TVTY) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.06. The company had revenue of $337.66 million during the quarter, compared to analysts’ expectations of $339.52 million. Tivity Health had a negative net margin of 38.98% and a positive return on equity of 20.51%. On average, research analysts forecast that Tivity Health will post 0.54 EPS for the current year.
A number of hedge funds have recently modified their holdings of TVTY. Hudson Executive Capital LP lifted its holdings in shares of Tivity Health by 214.8% in the first quarter. Hudson Executive Capital LP now owns 8,755,310 shares of the company’s stock valued at $55,071,000 after buying an additional 5,973,655 shares during the period. Norges Bank purchased a new stake in shares of Tivity Health in the fourth quarter worth approximately $14,320,000. Assenagon Asset Management S.A. purchased a new stake in shares of Tivity Health in the first quarter worth approximately $3,046,000. Two Sigma Advisers LP lifted its holdings in shares of Tivity Health by 485.2% in the first quarter. Two Sigma Advisers LP now owns 331,124 shares of the company’s stock valued at $2,083,000 after purchasing an additional 274,543 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Tivity Health by 13.3% during the first quarter. State Street Corp now owns 1,809,624 shares of the company’s stock valued at $11,383,000 after buying an additional 212,532 shares during the last quarter.
Tivity Health Company Profile
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 Prime fitness, a fitness facility access program through commercial health plans and employers.
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