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 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.
COPYRIGHT VIOLATION NOTICE: This article was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://www.com-unik.info/2018/01/20/hms-hmsy-receives-news-impact-score-of-0-18.html.
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.
Receive News & Ratings for HMS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HMS and related companies with MarketBeat.com's FREE daily email newsletter.