StockNews.com investment analysts have started covering stocks of Tivity Health (NASDAQ:TVTY – Get Note) in a research report released Sunday. The company has placed a “holding” rating on the stock.
Separately, Barrington Research downgraded shares of Tivity Health from an “outperforming” rating to a “market performing” rating in a Tuesday, April 5 report. Six equity research analysts rated the stock with a hold rating and one gave the company a buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $30.80.
Tivity Health Stock Performance
Shares of NASDAQ TVTY opened at $32.50 on Friday. The company has a quick ratio of 2.47, a current ratio of 2.47 and a debt ratio of 2.97. The company’s 50-day moving average price is $32.33 and its two-hundred-day moving average price is $29.99. Tivity Health has a 52-week low of $21.25 and a 52-week high of $32.89. The stock has a market capitalization of $1.62 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.82 and a beta of 2.14.
Tivity Health (NASDAQ:TVTY – Get Rating) last released its results on Thursday, May 5. The company reported earnings per share (EPS) of $0.40 for the quarter, missing analyst consensus estimates of $0.42 per ($0.02). Tivity Health had a return on equity of 75.94% and a net margin of 17.25%. The company posted revenue of $127.51 million in the quarter, versus a consensus estimate of $132.21 million. During the same period of the previous year, the company achieved EPS of $0.40. The company’s revenue increased 18.0% year over year. As a group, sell-side analysts expect Tivity Health to post 1.78 earnings per share for the current year.
Institutional investors weigh in on Tivity Health
Several large investors have recently changed their positions in the company. Teacher Retirement System of Texas acquired a new position in shares of Tivity Health during the fourth quarter worth approximately $201,000. ProShare Advisors LLC acquired a new position in shares of Tivity Health during the fourth quarter worth approximately $291,000. The New York State Teachers’ Retirement System increased its stake in Tivity Health stock by 2.3% during the fourth quarter. The New York State Teachers’ Retirement System now owns 69,750 shares of the company valued at $1,844,000 after acquiring an additional 1,600 shares during the period. Envestnet Asset Management Inc. increased its stake in Tivity Health shares by 28.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 12,375 shares of the company valued at $327,000 after acquiring 2,778 additional shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in Tivity Health stock during the fourth quarter valued at approximately $1,540,000. Institutional investors and hedge funds own 91.54% of the company’s shares.
About Tivity Health
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Tivity Health, Inc provides fitness and health products and solutions in the United States. The company offers SilverSneakers to members of Medicare Advantage, Medicare Supplement, and group retiree plans; Prime Fitness, a program for access to fitness facilities through commercial health plans, employers, and other sponsoring organizations; virtual fitness experiences, including live, instructor-led classes; and WholeHealth living program, a continuum of services related to complementary, alternative and physical medicine.
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