Tivity Health (NASDAQ:TVTY) posted its quarterly earnings data on Wednesday. The company reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.02), Bloomberg Earnings reports. The business had revenue of $340.40 million during the quarter, compared to analyst estimates of $340.73 million. Tivity Health had a return on equity of 26.62% and a net margin of 8.88%. The firm’s revenue for the quarter was up 124.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.53 EPS. Tivity Health updated its FY 2019 guidance to $2.14-2.32 EPS.
TVTY traded up $0.21 on Friday, reaching $18.52. 841,396 shares of the stock were exchanged, compared to its average volume of 770,244. The stock has a market capitalization of $789.00 million, a price-to-earnings ratio of 6.70, a PEG ratio of 0.68 and a beta of 1.05. The firm’s 50-day moving average is $16.54. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 2.13. Tivity Health has a fifty-two week low of $14.84 and a fifty-two week high of $41.46.
Several hedge funds have recently modified their holdings of TVTY. Advisor Group Inc. lifted its holdings in shares of Tivity Health by 364.2% in the 4th quarter. Advisor Group Inc. now owns 1,142 shares of the company’s stock valued at $29,000 after buying an additional 896 shares during the period. Shell Asset Management Co. acquired a new position in shares of Tivity Health in the 1st quarter valued at about $33,000. Pearl River Capital LLC acquired a new position in shares of Tivity Health in the 1st quarter valued at about $36,000. Asset Dedication LLC acquired a new position in shares of Tivity Health in the 1st quarter valued at about $46,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of Tivity Health in the 1st quarter valued at about $49,000.
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 Prime fitness, a fitness facility access program through commercial health plans and employers.
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