Amsurg Corp. Hits New 52-Week High at $41.00 (AMSG)
Shares of Amsurg Corp. (NASDAQ:AMSG) hit a new 52-week high during trading hours on Wednesday, Analyst Ratings Network.com reports. The company traded as high as $41.00 and last traded at $40.93, with a volume of 79,729 shares trading hands. The stock had previously closed at $40.49.
AMSG has been the subject of a number of recent research reports. Analysts at Cantor Fitzgerald raised their price target on shares of Amsurg Corp. from $31.00 to $37.00 in a research note to investors on Friday, July 26th. They now have a “hold” rating on the stock. Separately, analysts at Piper Jaffray Cos. raised their price target on shares of Amsurg Corp. from $32.00 to $36.00 in a research note to investors on Thursday, July 25th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Amsurg Corp. in a research note to investors on Wednesday, July 17th. They now have a $41.00 price target on the stock.
In other Amsurg Corp. news, CEO Christopher A. Holden sold 3,000 shares of the stock on the open market in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $40.56, for a total transaction of $121,680.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Amsurg Corp. has a 1-year low of $25.00 and a 1-year high of $41.00. The stock’s 50-day moving average is $39.04 and its 200-day moving average is $36.81. The company has a market cap of $1.308 billion and a price-to-earnings ratio of 18.74.
Amsurg Corp. (NASDAQ:AMSG) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $0.58 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.02. The company had revenue of $269.30 million for the quarter, compared to the consensus estimate of $265.84 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 16.9% on a year-over-year basis. On average, analysts predict that Amsurg Corp. will post $2.20 earnings per share for the current fiscal year.
AmSurg Corp. is the owner and operator of short stay ambulatory surgery centers (NASDAQ:AMSG) in the United States.
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