Tivity Health (NASDAQ:TVTY) Stock Rating Upgraded by BidaskClub

Tivity Health (NASDAQ:TVTY) was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, BidAskClub reports.

Several other brokerages have also weighed in on TVTY. Piper Jaffray Companies decreased their price objective on shares of Tivity Health from $33.00 to $25.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. ValuEngine raised shares of Tivity Health from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Barrington Research reissued an “outperform” rating on shares of Tivity Health in a report on Thursday, August 8th. Cantor Fitzgerald set a $45.00 price objective on shares of Tivity Health and gave the stock a “buy” rating in a report on Monday, August 26th. Finally, Zacks Investment Research lowered shares of Tivity Health from a “hold” rating to a “sell” rating in a report on Friday, August 9th. Two equities research analysts have rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Tivity Health presently has an average rating of “Buy” and an average target price of $31.33.

NASDAQ:TVTY traded up $1.27 during trading hours on Wednesday, reaching $21.32. 2,320,700 shares of the company were exchanged, compared to its average volume of 720,775. The firm has a market cap of $962.52 million, a price-to-earnings ratio of 9.11, a PEG ratio of 0.88 and a beta of 1.01. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.94 and a quick ratio of 0.76. Tivity Health has a 52-week low of $14.84 and a 52-week high of $41.46. The stock has a 50 day simple moving average of $16.54 and a 200 day simple moving average of $17.62.

Tivity Health (NASDAQ:TVTY) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.10). The company had revenue of $303.90 million for the quarter, compared to analyst estimates of $301.52 million. Tivity Health had a return on equity of 21.67% and a net margin of 6.41%. Tivity Health’s revenue was up 100.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.59 earnings per share. On average, analysts predict that Tivity Health will post 2.17 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio boosted its holdings in shares of Tivity Health by 47.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,409 shares of the company’s stock valued at $40,000 after buying an additional 775 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Tivity Health by 349.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,788 shares of the company’s stock valued at $46,000 after buying an additional 2,168 shares during the period. Resources Investment Advisors LLC. acquired a new position in shares of Tivity Health in the 2nd quarter valued at about $61,000. Meadow Creek Investment Management LLC boosted its holdings in shares of Tivity Health by 22.8% in the 2nd quarter. Meadow Creek Investment Management LLC now owns 4,912 shares of the company’s stock valued at $81,000 after buying an additional 912 shares during the period. Finally, Delta Asset Management LLC TN boosted its holdings in shares of Tivity Health by 1,851.9% in the 2nd quarter. Delta Asset Management LLC TN now owns 5,270 shares of the company’s stock valued at $87,000 after buying an additional 5,000 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 Prime fitness, a fitness facility access program through commercial health plans and employers.

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Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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