LifePoint Hospitals Given Market Perform Rating at FBR Capital Markets (LPNT)
LifePoint Hospitals (NASDAQ:LPNT)‘s stock had its “market perform” rating restated by stock analysts at FBR Capital Markets in a report issued on Monday, Analyst Ratings.Net reports. They currently have a $58.00 target price on the stock. FBR Capital Markets’ price objective indicates a potential upside of 2.80% from the company’s current price.
A number of other analysts have also recently weighed in on LPNT. Analysts at JPMorgan Chase & Co. raised their price target on shares of LifePoint Hospitals from $59.00 to $62.00 in a research note on Monday. Separately, analysts at Barclays raised their price target on shares of LifePoint Hospitals from $56.00 to $59.00 in a research note on Monday. Finally, analysts at CRT Capital raised their price target on shares of LifePoint Hospitals from $60.00 to $63.50 in a research note on Monday. They now have a “buy” rating on the stock. Nine analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $57.88.
Shares of LifePoint Hospitals (NASDAQ:LPNT) traded down 0.63% during mid-day trading on Monday, hitting $56.42. The stock had a trading volume of 1,215,540 shares. LifePoint Hospitals has a 1-year low of $43.97 and a 1-year high of $59.71. The stock’s 50-day moving average is $53.18 and its 200-day moving average is $52.31. The company has a market cap of $2.509 billion and a P/E ratio of 20.43.
LifePoint Hospitals (NASDAQ:LPNT) last posted its quarterly earnings results on Friday, April 25th. The company reported $0.78 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.13. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1,000.00 million. During the same quarter last year, the company posted $0.79 earnings per share. LifePoint Hospitals’s revenue was up 8.2% compared to the same quarter last year. Analysts expect that LifePoint Hospitals will post $2.73 EPS for the current fiscal year.
LifePoint Hospitals, Inc (NASDAQ:LPNT), through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States.
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