Vanguard Health Systems Upgraded by TheStreet to “Hold” (VHS)
Vanguard Health Systems (NYSE:VHS) was upgraded by analysts at TheStreet from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, StockRatingsNetwork.com reports.
The analysts wrote, “Vanguard Health Systems (VHS) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and generally higher debt management risk.”
VHS has been the subject of a number of other recent research reports. Analysts at RBC Capital downgraded shares of Vanguard Health Systems from an “outperform” rating to a “sector perform” rating in a research note to investors on Thursday, August 22nd. They now have a $16.00 price target on the stock, down previously from $21.00. Separately, analysts at Zacks upgraded shares of Vanguard Health Systems from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 31st. They now have a $21.40 price target on the stock. Finally, analysts at Zacks downgraded shares of Vanguard Health Systems from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, July 2nd. They now have a $19.80 price target on the stock.
Twelve investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $18.05.
Shares of Vanguard Health Systems (NYSE:VHS) traded up 0.14% during mid-day trading on Tuesday, hitting $20.95. 95,579 shares of the company’s stock traded hands. Vanguard Health Systems has a one year low of $7.84 and a one year high of $20.97. The stock has a 50-day moving average of $20.87 and a 200-day moving average of $16.37. The company has a market cap of $1.633 billion and a P/E ratio of 27.86.
Vanguard Health Systems (NYSE:VHS) last posted its quarterly earnings results on Monday, August 19th. The company reported $0.18 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.18. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. On average, analysts predict that Vanguard Health Systems will post $0.77 earnings per share for the current fiscal year.
Vanguard Health Systems, Inc (NYSE:VHS) is an operator of healthcare delivery networks with presence in various urban and suburban markets.
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