Tivity Health Inc (TVTY) Forecasted to Earn FY2018 Earnings of $2.18 Per Share

Tivity Health Inc (NASDAQ:TVTY) – Equities researchers at Piper Jaffray Companies upped their FY2018 earnings estimates for Tivity Health in a note issued to investors on Tuesday, November 6th. Piper Jaffray Companies analyst S. Wieland now anticipates that the company will post earnings of $2.18 per share for the year, up from their previous forecast of $2.16. Piper Jaffray Companies also issued estimates for Tivity Health’s Q1 2019 earnings at $0.58 EPS, Q3 2019 earnings at $0.61 EPS and FY2019 earnings at $2.42 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Tivity Health from a “hold” rating to a “sell” rating in a research note on Wednesday. Barrington Research reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Tivity Health in a research note on Tuesday. Chardan Capital cut their price objective on shares of Tivity Health from $43.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday. ValuEngine raised shares of Tivity Health from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $49.00 price target on shares of Tivity Health in a research report on Monday. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Tivity Health currently has an average rating of “Buy” and a consensus target price of $46.67.

Shares of Tivity Health stock opened at $38.93 on Thursday. Tivity Health has a 52-week low of $31.22 and a 52-week high of $44.35. The firm has a market capitalization of $1.53 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 1.60 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.98 and a quick ratio of 0.77.

Tivity Health (NASDAQ:TVTY) last announced its quarterly earnings data on Monday, November 5th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.57 by $0.02. Tivity Health had a net margin of 13.29% and a return on equity of 28.25%. The company had revenue of $151.50 million during the quarter, compared to analysts’ expectations of $153.87 million. During the same quarter in the prior year, the company earned $0.46 EPS. The firm’s revenue was up 10.0% on a year-over-year basis.

A number of institutional investors and hedge funds have recently made changes to their positions in TVTY. Legal & General Group Plc boosted its position in Tivity Health by 8.4% during the 1st quarter. Legal & General Group Plc now owns 70,669 shares of the company’s stock valued at $2,798,000 after buying an additional 5,459 shares during the period. Xact Kapitalforvaltning AB purchased a new stake in Tivity Health during the 1st quarter valued at $227,000. Principal Financial Group Inc. boosted its position in Tivity Health by 0.6% during the 1st quarter. Principal Financial Group Inc. now owns 289,546 shares of the company’s stock valued at $11,480,000 after buying an additional 1,790 shares during the period. American Capital Management Inc. boosted its position in Tivity Health by 1.0% during the 2nd quarter. American Capital Management Inc. now owns 1,107,071 shares of the company’s stock valued at $38,969,000 after buying an additional 10,938 shares during the period. Finally, Mondrian Investment Partners LTD boosted its position in Tivity Health by 28.9% during the 2nd quarter. Mondrian Investment Partners LTD now owns 112,902 shares of the company’s stock valued at $3,974,000 after buying an additional 25,328 shares during the period.

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 group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.

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

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