LHC Group Stock Rating Upgraded by Zacks (LHCG)
LHC Group (NASDAQ:LHCG) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Monday, AnalystRatings.NET reports. The firm currently has a $26.90 target price on the stock. Zacks‘ price objective would suggest a potential upside of 13.41% from the stock’s previous close.
LHCG has been the subject of a number of other recent research reports. Analysts at RBC Capital raised their price target on shares of LHC Group from $19.00 to $20.00 in a research note to investors on Friday, August 16th. They now have a “sector perform” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of LHC Group from $23.00 to $25.00 in a research note to investors on Tuesday, August 13th. They now have a “hold” rating on the stock. Finally, analysts at TheStreet upgraded shares of LHC Group from a “hold” rating to a “buy” rating in a research note to investors on Friday, August 9th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $22.84.
Shares of LHC Group (NASDAQ:LHCG) traded down 1.43% during mid-day trading on Monday, hitting $23.38. The stock had a trading volume of 12,247 shares. LHC Group has a 52 week low of $16.18 and a 52 week high of $26.90. The stock has a 50-day moving average of $23.27 and a 200-day moving average of $22.48. The company has a market cap of $411.3 million and a price-to-earnings ratio of 15.79.
LHC Group (NASDAQ:LHCG) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.06. The company had revenue of $166.30 million for the quarter, compared to the consensus estimate of $166.50 million. During the same quarter last year, the company posted $0.35 earnings per share. LHC Group’s revenue was up 5.2% compared to the same quarter last year.
LHC Group, Inc (NASDAQ:LHCG) provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals (LTACHs).
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