Analysts Anticipate Tivity Health, Inc. (NASDAQ:TVTY) to Post $0.38 Earnings Per Share

Brokerages predict that Tivity Health, Inc. (NASDAQ:TVTY) will announce earnings of $0.38 per share for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Tivity Health’s earnings, with the lowest EPS estimate coming in at $0.36 and the highest estimate coming in at $0.40. Tivity Health also posted earnings per share of $0.38 in the same quarter last year. The company is expected to issue its next earnings results on Wednesday, February 23rd.

According to Zacks, analysts expect that Tivity Health will report full year earnings of $1.66 per share for the current financial year, with EPS estimates ranging from $1.65 to $1.67. For the next financial year, analysts anticipate that the company will report earnings of $1.83 per share, with EPS estimates ranging from $1.75 to $1.91. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Tivity Health.

Tivity Health (NASDAQ:TVTY) last issued its quarterly earnings results on Tuesday, November 2nd. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.06. Tivity Health had a return on equity of 163.79% and a net margin of 26.07%. The company had revenue of $126.29 million for the quarter, compared to analyst estimates of $122.39 million. During the same quarter last year, the company posted $0.72 EPS.

Several equities research analysts recently weighed in on TVTY shares. Zacks Investment Research raised Tivity Health from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Friday, January 7th. Truist raised their price objective on Tivity Health from $28.00 to $30.00 in a report on Wednesday, January 5th. Barrington Research raised their price objective on Tivity Health from $31.00 to $33.00 and gave the company an “outperform” rating in a report on Wednesday, November 3rd. Truist Securities lifted their target price on Tivity Health from $28.00 to $30.00 in a report on Wednesday, January 5th. Finally, Credit Suisse Group raised Tivity Health from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $25.00 to $29.00 in a report on Friday, January 7th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Tivity Health currently has a consensus rating of “Hold” and an average price target of $30.00.

Shares of NASDAQ TVTY traded up $0.32 during mid-day trading on Friday, hitting $25.06. 6,983 shares of the stock traded hands, compared to its average volume of 262,426. The company has a debt-to-equity ratio of 2.71, a current ratio of 2.47 and a quick ratio of 2.47. Tivity Health has a twelve month low of $20.00 and a twelve month high of $29.18. The company has a market cap of $1.25 billion, a PE ratio of 10.49, a price-to-earnings-growth ratio of 1.39 and a beta of 2.40. The firm has a 50 day simple moving average of $25.80 and a two-hundred day simple moving average of $24.79.

Several large investors have recently made changes to their positions in TVTY. Morgan Stanley lifted its stake in shares of Tivity Health by 336.2% in the 3rd quarter. Morgan Stanley now owns 3,503,870 shares of the company’s stock valued at $80,798,000 after purchasing an additional 2,700,648 shares during the period. Invesco Ltd. lifted its stake in shares of Tivity Health by 90.3% in the 2nd quarter. Invesco Ltd. now owns 1,211,560 shares of the company’s stock valued at $31,876,000 after purchasing an additional 574,801 shares during the period. BlackRock Inc. lifted its stake in shares of Tivity Health by 7.3% in the 3rd quarter. BlackRock Inc. now owns 6,937,974 shares of the company’s stock valued at $159,989,000 after purchasing an additional 474,654 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Tivity Health by 47.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 782,848 shares of the company’s stock valued at $20,597,000 after purchasing an additional 251,076 shares during the period. Finally, Miller Value Partners LLC lifted its stake in shares of Tivity Health by 5.4% in the 2nd quarter. Miller Value Partners LLC now owns 3,739,529 shares of the company’s stock valued at $98,387,000 after purchasing an additional 191,201 shares during the period. 91.00% of the stock is currently owned by institutional investors.

Tivity Health Company Profile

Tivity Health, Inc provides fitness, nutrition, and social connection solutions. It operates through two segments: Healthcare and Nutrition. The Healthcare segment consists of SilverSneakers senior fitness, Prime Fitness and WholeHealth Living. The Nutrition segment provides weight management products and services and consists of Nutrisystem and South Beach Diet.

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Earnings History and Estimates for Tivity Health (NASDAQ:TVTY)

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