Healthways PT Lowered to $17.00 (HWAY)
Research analysts at Dougherty & Co cut their price target on shares of Healthways (NASDAQ:HWAY) to $17.00 in a report released on Friday, AR Network reports. Dougherty & Co’s target price indicates a potential upside of 2.78% from the stock’s previous close.
A number of other firms have also recently commented on HWAY. Analysts at Barclays cut their price target on shares of Healthways from $14.00 to $9.00 in a research note to investors on Friday. They now have an “underweight” rating on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of Healthways in a research note to investors on Tuesday. They set a “neutral” rating on the stock. Finally, analysts at Stephens initiated coverage on shares of Healthways in a research note to investors on Wednesday, October 2nd. They set an “underweight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $16.33.
Healthways (NASDAQ:HWAY) traded down 29.02% on Friday, hitting $11.74. 6,267,442 shares of the company’s stock traded hands. Healthways has a 1-year low of $8.58 and a 1-year high of $22.20. The stock has a 50-day moving average of $18.83 and a 200-day moving average of $15.20. The company has a market cap of $403.8 million and a price-to-earnings ratio of 972.94.
Healthways (NASDAQ:HWAY) last announced its earnings results on Thursday, October 24th. The company reported $0.05 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.08. The company had revenue of $166.60 million for the quarter, compared to the consensus estimate of $185.74 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis.
Healthways, Inc provides solutions to help people improve physical, emotional and social well-being. The Company provides specific and personalized interventions for each individual in a population, irrespective of health status, age or payor.
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