LHC Group EVP Sells $40,316 in Stock (LHCG)
LHC Group (NASDAQ:LHCG) EVP Joshua L. Proffitt unloaded 1,908 shares of LHC Group stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $21.13, for a total transaction of $40,316.04. Following the completion of the sale, the executive vice president now directly owns 27,715 shares in the company, valued at approximately $585,618. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of LHC Group (NASDAQ:LHCG) traded down 0.05% on Monday, hitting $21.04. The stock had a trading volume of 59,658 shares. LHC Group has a one year low of $19.06 and a one year high of $26.90. The stock has a 50-day moving average of $21.53 and a 200-day moving average of $22.57. The company has a market cap of $362.4 million and a P/E ratio of 17.99.
LHC Group (NASDAQ:LHCG) last announced its earnings results on Wednesday, May 7th. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.03. The company had revenue of $163.70 million for the quarter, compared to the consensus estimate of $166.15 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. On average, analysts predict that LHC Group will post $1.23 earnings per share for the current fiscal year.
Separately, analysts at RBC Capital upgraded shares of LHC Group from an “underperform” rating to a “sector perform” rating in a research note on Monday, March 10th. They now have a $21.00 price target on the stock, up previously from $20.00. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $21.98.
LHC Group, Inc (NASDAQ:LHCG) provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals (LTACHs).
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