WebMD Health Corp. Receives Consensus Recommendation of “Buy” from Brokerages (NASDAQ:WBMD)
Shares of WebMD Health Corp. (NASDAQ:WBMD) have received a consensus rating of “Buy” from the nine analysts that are covering the stock, Analyst Ratings Network.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $54.15.
Several analysts have recently commented on the stock. Analysts at William Blair initiated coverage on shares of WebMD Health Corp. in a research note on Thursday. They set an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of WebMD Health Corp. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, April 16th. They now have a $47.90 price target on the stock. Finally, analysts at Raymond James reiterated a “strong-buy” rating on shares of WebMD Health Corp. in a research note on Tuesday, April 15th. They now have a $54.00 price target on the stock.
WebMD Health Corp. (NASDAQ:WBMD) traded down 1.96% during mid-day trading on Monday, hitting $44.11. 171,456 shares of the company’s stock traded hands. WebMD Health Corp. has a 52-week low of $22.97 and a 52-week high of $51.41. The stock has a 50-day moving average of $42.23 and a 200-day moving average of $40.44. The company has a market cap of $1.727 billion and a price-to-earnings ratio of 145.13.
WebMD Health Corp. (NASDAQ:WBMD) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.03. The company had revenue of $146.30 million for the quarter, compared to the consensus estimate of $145.15 million. Analysts expect that WebMD Health Corp. will post $0.80 EPS for the current fiscal year.
WebMD Health Corp. is a provider of health information services to consumers, physicians and other healthcare professionals, employers and health plans through its public and private online portals, mobile platforms and health-focused publications.
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