FY2017 EPS Estimates for Healthways, Inc. Lifted by Cantor Fitzgerald (TVTY)

Healthways, Inc. (NASDAQ:TVTY) – Investment analysts at Cantor Fitzgerald boosted their FY2017 EPS estimates for Healthways in a research note issued to investors on Monday. Cantor Fitzgerald analyst S. Halper now anticipates that the company will earn $1.60 per share for the year, up from their prior estimate of $1.54. Cantor Fitzgerald also issued estimates for Healthways’ FY2018 earnings at $1.75 EPS.

Healthways (NASDAQ:TVTY) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.36 by $0.10. Healthways had a net margin of 11.45% and a return on equity of 30.23%. The firm had revenue of $137.70 million during the quarter, compared to analyst estimates of $137.95 million. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year.

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A number of other analysts have also issued reports on TVTY. Barrington Research increased their price target on shares of Healthways from $35.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Zacks Investment Research lowered shares of Healthways from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Chardan Capital initiated coverage on shares of Healthways in a research report on Tuesday, August 29th. They issued a “neutral” rating and a $40.00 price target for the company. ValuEngine raised shares of Healthways from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $46.00 price target on shares of Healthways in a research report on Monday, September 25th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Healthways presently has a consensus rating of “Buy” and an average price target of $46.38.

In other news, insider Mary Flipse sold 1,340 shares of the stock in a transaction that occurred on Friday, August 11th. The shares were sold at an average price of $37.32, for a total value of $50,008.80. Following the completion of the sale, the insider now directly owns 75,187 shares of the company’s stock, valued at $2,805,978.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Glenn Hargreaves sold 23,448 shares of the stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $37.78, for a total transaction of $885,865.44. Following the completion of the sale, the insider now directly owns 62,211 shares of the company’s stock, valued at $2,350,331.58. The disclosure for this sale can be found here. Insiders sold 74,858 shares of company stock valued at $2,847,017 over the last three months. 8.42% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. United Services Automobile Association purchased a new stake in shares of Healthways in the first quarter worth approximately $377,000. Dimensional Fund Advisors LP bought a new position in Healthways during the first quarter valued at approximately $70,660,000. Credit Suisse AG bought a new position in Healthways during the first quarter valued at approximately $1,395,000. California Public Employees Retirement System bought a new position in Healthways during the first quarter valued at approximately $247,000. Finally, Vanguard Group Inc. bought a new position in Healthways during the first quarter valued at approximately $135,544,000.

About Healthways

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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