Tivity Health (NASDAQ:TVTY) Releases Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Tivity Health (NASDAQ:TVTY) released its quarterly earnings results on Tuesday. The company reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.10), Briefing.com reports. Tivity Health had a return on equity of 24.83% and a net margin of 8.88%. The business had revenue of $303.90 million during the quarter, compared to analyst estimates of $301.52 million. During the same quarter last year, the firm posted $0.59 EPS. The company’s revenue was up 100.6% compared to the same quarter last year. Tivity Health updated its FY19 guidance to $2.14-2.32 EPS.

NASDAQ TVTY traded up $1.13 on Wednesday, hitting $19.69. 79,993 shares of the stock traded hands, compared to its average volume of 972,426. The stock has a 50-day moving average of $16.37 and a 200 day moving average of $17.65. Tivity Health has a twelve month low of $14.84 and a twelve month high of $41.46. The company has a market capitalization of $879.65 million, a P/E ratio of 8.43, a price-to-earnings-growth ratio of 0.79 and a beta of 1.01. The company has a current ratio of 0.94, a quick ratio of 0.76 and a debt-to-equity ratio of 2.06.

TVTY has been the topic of several recent analyst reports. ValuEngine upgraded Tivity Health from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. BidaskClub upgraded Tivity Health from a “hold” rating to a “buy” rating in a research note on Wednesday. Chardan Capital cut their price target on Tivity Health from $33.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, August 23rd. Cantor Fitzgerald set a $45.00 price target on Tivity Health and gave the stock a “buy” rating in a research note on Monday, August 26th. Finally, Barrington Research reiterated an “outperform” rating on shares of Tivity Health in a research note on Thursday, August 8th. Two analysts have rated the stock with a sell rating and nine have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $31.33.

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

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Earnings History for Tivity Health (NASDAQ:TVTY)

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