Zacks Upgrades Almost Family to “Outperform” (AFAM)
Almost Family (NASDAQ:AFAM) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report released on Monday, Stock Ratings Network reports. The firm currently has a $36.40 price objective on the stock. Zacks‘ price objective suggests a potential upside of 11.49% from the company’s current price.
AFAM has been the subject of a number of other recent research reports. Analysts at Piper Jaffray raised their price target on shares of Almost Family from $22.00 to $27.00 in a research note to investors on Monday, December 16th. Separately, analysts at RBC Capital upgraded shares of Almost Family from an “underperform” rating to a “sector perform” rating in a research note to investors on Wednesday, December 11th. They now have a $28.00 price target on the stock, up previously from $15.00. Finally, analysts at Avondale Partners upgraded shares of Almost Family from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, November 25th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. Almost Family has a consensus rating of “Hold” and an average target price of $27.10.
Shares of Almost Family (NASDAQ:AFAM) traded down 1.77% during mid-day trading on Monday, hitting $32.65. 66,242 shares of the company’s stock traded hands. Almost Family has a 52-week low of $17.66 and a 52-week high of $33.97. The stock’s 50-day moving average is $30.63 and its 200-day moving average is $22.37. The company has a market cap of $303.9 million and a price-to-earnings ratio of 26.78.
Almost Family (NASDAQ:AFAM) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.29 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.02. The company had revenue of $88.80 million for the quarter, compared to the consensus estimate of $85.82 million. Analysts expect that Almost Family will post $1.18 EPS for the current fiscal year.
Almost Family, Inc, along with its subsidiaries, is a regionally focused provider of home health services.
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