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

Tivity Health Inc (NASDAQ:TVTY) – Oppenheimer lowered their FY2018 earnings estimates for shares of Tivity Health in a research note issued on Tuesday, November 6th. Oppenheimer analyst M. Naidu now anticipates that the company will post earnings of $2.18 per share for the year, down from their prior forecast of $2.19. Oppenheimer also issued estimates for Tivity Health’s Q4 2018 earnings at $0.57 EPS, Q1 2019 earnings at $0.53 EPS and Q2 2019 earnings at $0.62 EPS.

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

Several other equities analysts also recently commented on the company. Zacks Investment Research upgraded Tivity Health from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. BidaskClub upgraded Tivity Health from a “strong sell” rating to a “sell” rating in a research report on Friday, August 31st. Cantor Fitzgerald restated a “buy” rating and set a $49.00 target price on shares of Tivity Health in a research report on Monday, November 5th. ValuEngine upgraded Tivity Health from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Chardan Capital cut their target price on Tivity Health from $43.00 to $41.00 and set a “buy” rating for the company in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Tivity Health has a consensus rating of “Buy” and a consensus target price of $46.67.

Shares of NASDAQ:TVTY opened at $37.98 on Thursday. Tivity Health has a 1-year low of $31.22 and a 1-year high of $44.35. The company has a market cap of $1.53 billion, a PE ratio of 22.61, a PEG ratio of 1.60 and a beta of 0.82. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of 0.15.

Several institutional investors have recently bought and sold shares of TVTY. NEXT Financial Group Inc bought a new position in shares of Tivity Health during the 3rd quarter worth approximately $104,000. Itau Unibanco Holding S.A. bought a new position in shares of Tivity Health during the 2nd quarter worth approximately $141,000. ClariVest Asset Management LLC lifted its position in shares of Tivity Health by 47.8% during the 2nd quarter. ClariVest Asset Management LLC now owns 5,879 shares of the company’s stock worth $207,000 after buying an additional 1,902 shares during the period. Stone Ridge Asset Management LLC bought a new position in Tivity Health in the 3rd quarter valued at $213,000. Finally, Xact Kapitalforvaltning AB bought a new position in Tivity Health in the 1st quarter valued at $227,000.

In related news, CEO Donato Tramuto sold 35,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $38.25, for a total transaction of $1,338,750.00. Following the completion of the transaction, the chief executive officer now owns 334,743 shares in the company, valued at approximately $12,803,919.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 8.42% of the stock is owned by company insiders.

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

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