Tivity Health Inc (NASDAQ:TVTY) has been given an average recommendation of “Buy” by the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $44.83.
A number of brokerages have recently issued reports on TVTY. Zacks Investment Research upgraded Tivity Health from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a report on Saturday, November 10th. Barrington Research restated a “buy” rating and set a $50.00 price objective on shares of Tivity Health in a report on Tuesday, November 6th. Chardan Capital reduced their price objective on Tivity Health from $43.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, November 6th. Cantor Fitzgerald restated a “buy” rating and set a $49.00 price objective on shares of Tivity Health in a report on Monday, November 5th. Finally, BidaskClub upgraded Tivity Health from a “hold” rating to a “buy” rating in a report on Friday, October 19th.
In other news, CEO Donato Tramuto sold 35,000 shares of Tivity Health stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $38.25, for a total value of $1,338,750.00. Following the completion of the sale, the chief executive officer now directly owns 334,743 shares in the company, valued at $12,803,919.75. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.73% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its position in shares of Tivity Health by 5.7% in the fourth quarter. State of Alaska Department of Revenue now owns 13,691 shares of the company’s stock valued at $339,000 after buying an additional 737 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in Tivity Health by 16.8% during the second quarter. Metropolitan Life Insurance Co. NY now owns 14,231 shares of the company’s stock valued at $501,000 after purchasing an additional 2,045 shares in the last quarter. Louisiana State Employees Retirement System raised its position in Tivity Health by 14.3% during the third quarter. Louisiana State Employees Retirement System now owns 17,600 shares of the company’s stock valued at $566,000 after purchasing an additional 2,200 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Tivity Health by 31.7% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,551 shares of the company’s stock valued at $307,000 after purchasing an additional 2,297 shares in the last quarter. Finally, MetLife Investment Advisors LLC raised its position in Tivity Health by 15.0% during the second quarter. MetLife Investment Advisors LLC now owns 18,680 shares of the company’s stock valued at $658,000 after purchasing an additional 2,441 shares in the last quarter.
Tivity Health stock opened at $24.57 on Friday. Tivity Health has a 52 week low of $23.71 and a 52 week high of $44.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market cap of $998.20 million, a P/E ratio of 14.63, a price-to-earnings-growth ratio of 0.94 and a beta of 1.24.
Tivity Health (NASDAQ:TVTY) last posted its quarterly earnings results on Monday, November 5th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Tivity Health had a return on equity of 28.25% and a net margin of 13.29%. The business had revenue of $151.50 million during the quarter, compared to analysts’ expectations of $153.87 million. During the same quarter last year, the company posted $0.46 earnings per share. Tivity Health’s quarterly revenue was up 10.0% on a year-over-year basis. As a group, sell-side analysts predict that Tivity Health will post 2.18 EPS for the current year.
About Tivity Health
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 group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.
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