HMS Holdings Corp (NASDAQ:HMSY) Chairman William C. Lucia sold 59,862 shares of the stock in a transaction that occurred on Tuesday, June 11th. The stock was sold at an average price of $30.31, for a total value of $1,814,417.22. Following the completion of the sale, the chairman now owns 182,397 shares in the company, valued at $5,528,453.07. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
NASDAQ:HMSY traded down $0.47 during midday trading on Wednesday, hitting $30.68. The stock had a trading volume of 572,987 shares, compared to its average volume of 580,150. HMS Holdings Corp has a one year low of $21.46 and a one year high of $38.15. The stock has a market cap of $2.61 billion, a P/E ratio of 36.58, a price-to-earnings-growth ratio of 2.64 and a beta of 1.45. The company has a quick ratio of 5.34, a current ratio of 5.34 and a debt-to-equity ratio of 0.34.
HMS (NASDAQ:HMSY) last announced its quarterly earnings data on Friday, May 3rd. The business services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.16. HMS had a return on equity of 14.02% and a net margin of 11.28%. The company had revenue of $148.00 million for the quarter, compared to analysts’ expectations of $144.13 million. During the same quarter in the prior year, the firm earned $0.22 earnings per share. HMS’s revenue was up 4.7% compared to the same quarter last year. On average, sell-side analysts anticipate that HMS Holdings Corp will post 1.03 EPS for the current fiscal year.
HMSY has been the topic of several recent analyst reports. Zacks Investment Research downgraded HMS from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd. William Blair reissued an “outperform” rating on shares of HMS in a research note on Thursday, March 14th. Cantor Fitzgerald reissued a “hold” rating and issued a $34.00 price objective on shares of HMS in a research note on Friday, February 22nd. Finally, BidaskClub cut HMS from a “buy” rating to a “hold” rating in a research note on Wednesday, March 6th. Five research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $33.14.
WARNING: This report was published by Markets Daily and is owned by of Markets Daily. If you are reading this report on another domain, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this report can be read at https://www.themarketsdaily.com/2019/06/12/william-c-lucia-sells-59862-shares-of-hms-holdings-corp-nasdaqhmsy-stock.html.
HMS Company Profile
HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. The company offers coordination of benefits services to government and commercial healthcare payers to ensure that the correct party pays the claim; and population management solutions that provide risk-bearing organizations with intelligence across their member populations to identify risks, and enhance patient engagement and outcomes, as well as payment integrity, care management and consumer engagement, and analytical solutions.
Receive News & Ratings for HMS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HMS and related companies with MarketBeat.com's FREE daily email newsletter.