Analysts Set Expectations for Healthways, Inc.’s Q3 2017 Earnings (TVTY)

Healthways, Inc. (NASDAQ:TVTY) – Equities researchers at William Blair cut their Q3 2017 earnings estimates for Healthways in a report issued on Thursday. William Blair analyst R. Daniels now forecasts that the company will earn $0.36 per share for the quarter, down from their previous estimate of $0.37. William Blair also issued estimates for Healthways’ Q4 2017 earnings at $0.34 EPS.

Healthways (NASDAQ:TVTY) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.38 by $0.03. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The business had revenue of $138.90 million for the quarter, compared to analyst estimates of $138.15 million. The company’s revenue was up 11.1% compared to the same quarter last year. TRADEMARK VIOLATION WARNING: This news story was originally posted by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.com-unik.info/2017/08/19/analysts-set-expectations-for-healthways-inc-s-q3-2017-earnings-tvty-updated-updated.html.

A number of other research analysts also recently commented on the stock. Barrington Research raised their target price on shares of Healthways from $35.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday. UBS AG raised their target price on shares of Healthways from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, June 23rd. Jefferies Group LLC reissued a “buy” rating and set a $36.00 target price on shares of Healthways in a research report on Friday, June 16th. Cantor Fitzgerald raised their target price on shares of Healthways from $34.00 to $42.00 and gave the company an “overweight” rating in a research report on Friday, June 9th. Finally, BidaskClub raised shares of Healthways from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 9th. One investment analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $35.25.

Shares of Healthways (TVTY) opened at 39.65 on Monday. The company’s 50-day moving average is $39.21 and its 200 day moving average is $31.76. The company’s market cap is $1.56 billion. Healthways has a 1-year low of $15.56 and a 1-year high of $41.55.

In other news, Director Mary Jane England sold 1,763 shares of the firm’s stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $31.95, for a total value of $56,327.85. Following the sale, the director now directly owns 19,453 shares in the company, valued at approximately $621,523.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 8.42% of the stock is currently owned by company insiders.

Several hedge funds have recently added to or reduced their stakes in TVTY. Riggs Asset Managment Co. Inc. boosted its stake in Healthways by 3.6% in the second quarter. Riggs Asset Managment Co. Inc. now owns 53,856 shares of the company’s stock worth $2,146,000 after buying an additional 1,867 shares in the last quarter. State of Alaska Department of Revenue purchased a new stake in Healthways during the first quarter worth $107,000. ClariVest Asset Management LLC purchased a new stake in Healthways during the first quarter worth $141,000. US Bancorp DE purchased a new stake in Healthways during the first quarter worth $145,000. Finally, American Capital Management Inc. boosted its stake in Healthways by 0.6% in the first quarter. American Capital Management Inc. now owns 900,800 shares of the company’s stock worth $26,213,000 after buying an additional 5,075 shares in the last quarter.

Healthways 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.

Earnings History and Estimates for Healthways (NASDAQ:TVTY)

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