HMS (HMSY) Receives News Impact Score of 0.18

Media stories about HMS (NASDAQ:HMSY) have been trending somewhat positive on Saturday, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. HMS earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 44.9587684690232 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Several equities analysts recently issued reports on the company. BidaskClub lowered HMS from a “hold” rating to a “sell” rating in a research report on Saturday. Zacks Investment Research upgraded HMS from a “sell” rating to a “hold” rating in a research report on Friday, January 5th. Citigroup started coverage on HMS in a report on Thursday, January 4th. They issued a “neutral” rating for the company. Wells Fargo & Co reiterated an “outperform” rating and issued a $20.00 price objective (down previously from $25.50) on shares of HMS in a report on Wednesday, November 29th. Finally, Cantor Fitzgerald cut HMS from an “overweight” rating to a “neutral” rating in a report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. HMS currently has a consensus rating of “Buy” and an average target price of $20.39.

Shares of HMS (NASDAQ HMSY) opened at $17.30 on Friday. HMS has a fifty-two week low of $11.01 and a fifty-two week high of $20.90. The firm has a market capitalization of $1,456.33, a P/E ratio of 59.66, a price-to-earnings-growth ratio of 2.55 and a beta of 0.88.

HMS (NASDAQ:HMSY) last released its quarterly earnings data on Friday, November 3rd. The business services provider reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.03). HMS had a return on equity of 7.93% and a net margin of 4.94%. The business had revenue of $125.70 million during the quarter, compared to analysts’ expectations of $147.62 million. During the same quarter last year, the business posted $0.24 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. analysts expect that HMS will post 0.55 earnings per share for the current year.

HMS announced that its board has authorized a stock repurchase program on Friday, November 3rd that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the business services provider to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

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About HMS

HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate.

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