Tivity Health Inc (NASDAQ:TVTY) Receives $31.00 Average Price Target from Brokerages

Tivity Health Inc (NASDAQ:TVTY) has earned an average rating of “Buy” from the twelve brokerages that are currently covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $31.00.

Several analysts recently weighed in on TVTY shares. Chardan Capital decreased their target price on Tivity Health from $33.00 to $24.00 and set a “buy” rating for the company in a research note on Friday, August 23rd. ValuEngine upgraded Tivity Health from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Cantor Fitzgerald set a $45.00 target price on Tivity Health and gave the company a “buy” rating in a research note on Monday, August 26th. Zacks Investment Research downgraded Tivity Health from a “hold” rating to a “sell” rating in a research note on Friday, August 9th. Finally, BidaskClub raised Tivity Health from a “sell” rating to a “hold” rating in a report on Thursday, October 31st.

A number of institutional investors have recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. acquired a new position in Tivity Health in the 3rd quarter valued at approximately $100,000. Tower Research Capital LLC TRC raised its holdings in shares of Tivity Health by 349.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,788 shares of the company’s stock worth $46,000 after buying an additional 2,168 shares in the last quarter. Thompson Investment Management Inc. raised its holdings in shares of Tivity Health by 30.2% in the 3rd quarter. Thompson Investment Management Inc. now owns 41,490 shares of the company’s stock worth $690,000 after buying an additional 9,615 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Tivity Health by 2.5% in the 3rd quarter. First Trust Advisors LP now owns 135,051 shares of the company’s stock worth $2,246,000 after buying an additional 3,241 shares in the last quarter. Finally, Mondrian Investment Partners LTD raised its holdings in shares of Tivity Health by 38.1% in the 3rd quarter. Mondrian Investment Partners LTD now owns 274,018 shares of the company’s stock worth $4,557,000 after buying an additional 75,582 shares in the last quarter.

NASDAQ:TVTY traded up $0.47 during trading hours on Thursday, hitting $18.39. 895,700 shares of the company’s stock traded hands, compared to its average volume of 974,395. The stock’s fifty day moving average price is $16.31 and its two-hundred day moving average price is $17.68. Tivity Health has a twelve month low of $14.84 and a twelve month high of $41.46. The firm has a market cap of $844.25 million, a P/E ratio of 7.86, a P/E/G ratio of 0.76 and a beta of 1.01. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.76 and a current ratio of 0.94.

Tivity Health (NASDAQ:TVTY) last announced its earnings results on Wednesday, August 7th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.02). Tivity Health had a net margin of 8.88% and a return on equity of 24.83%. The business had revenue of $340.40 million for the quarter, compared to the consensus estimate of $340.73 million. During the same quarter in the previous year, the company earned $0.53 EPS. Tivity Health’s revenue for the quarter was up 124.1% compared to the same quarter last year. On average, equities research analysts predict that Tivity Health will post 2.21 earnings per share for the current year.

Tivity Health Company Profile

Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement; and Prime fitness, a fitness facility access program through commercial health plans and employers.

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Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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