Almost Family Inc (NASDAQ:AFAM) saw some unusual options trading activity on Thursday. Traders acquired 1,008 put options on the stock. This represents an increase of Infinity compared to the average volume of 0 put options.
Several equities analysts have recently commented on AFAM shares. Zacks Investment Research lowered shares of Almost Family from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. BidaskClub lowered shares of Almost Family from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. SunTrust Banks, Inc. set a $52.00 target price on shares of Almost Family and gave the stock a “hold” rating in a research note on Monday, October 16th. ValuEngine raised shares of Almost Family from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, J P Morgan Chase & Co started coverage on shares of Almost Family in a research note on Monday, October 9th. They set a “neutral” rating and a $54.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $56.50.
Shares of Almost Family (NASDAQ AFAM) opened at $50.95 on Friday. Almost Family has a 52 week low of $38.05 and a 52 week high of $62.95. The firm has a market cap of $711.47, a P/E ratio of 21.59, a P/E/G ratio of 2.26 and a beta of 0.40. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.28.
Almost Family (NASDAQ:AFAM) last announced its earnings results on Tuesday, August 8th. The company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The firm had revenue of $200.70 million for the quarter, compared to the consensus estimate of $205.48 million. During the same period in the prior year, the firm earned $0.61 EPS. The firm’s revenue for the quarter was up 28.7% on a year-over-year basis. analysts predict that Almost Family will post 2.17 earnings per share for the current year.
In other Almost Family news, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $52.00, for a total value of $104,000.00. Following the transaction, the senior vice president now directly owns 79,864 shares in the company, valued at approximately $4,152,928. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 13.10% of the company’s stock.
Several large investors have recently made changes to their positions in AFAM. Municipal Employees Retirement System of Michigan increased its position in shares of Almost Family by 32.3% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 2,620 shares of the company’s stock valued at $127,000 after purchasing an additional 640 shares during the last quarter. US Bancorp DE increased its position in shares of Almost Family by 68.4% in the 2nd quarter. US Bancorp DE now owns 2,118 shares of the company’s stock valued at $131,000 after purchasing an additional 860 shares during the last quarter. State of Alaska Department of Revenue increased its position in shares of Almost Family by 78.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 2,354 shares of the company’s stock valued at $145,000 after purchasing an additional 1,034 shares during the last quarter. Dubuque Bank & Trust Co. increased its position in shares of Almost Family by 8.6% in the 2nd quarter. Dubuque Bank & Trust Co. now owns 3,019 shares of the company’s stock valued at $186,000 after purchasing an additional 238 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Almost Family by 17.7% in the 2nd quarter. Victory Capital Management Inc. now owns 3,847 shares of the company’s stock valued at $237,000 after purchasing an additional 578 shares during the last quarter. 86.77% of the stock is currently owned by institutional investors.
About Almost Family
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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