Amsurg Corp Sets New 1-Year High at $50.34 (AMSG)
Amsurg Corp (NASDAQ:AMSG)’s share price hit a new 52-week high during mid-day trading on Friday , AnalystRatings.NET reports. The stock traded as high as $50.34 and last traded at $50.25, with a volume of 107,435 shares. The stock had previously closed at $48.93.
Several analysts have recently commented on the stock. Analysts at Raymond James upgraded shares of Amsurg Corp from a “market perform” rating to a “strong-buy” rating in a research note on Friday, May 30th. They now have a $60.00 price target on the stock. Separately, analysts at Deutsche Bank upgraded shares of Amsurg Corp from a “hold” rating to a “buy” rating in a research note on Thursday, May 29th. They now have a $56.00 price target on the stock, up previously from $47.50. Finally, analysts at Barclays cut their price target on shares of Amsurg Corp from $50.00 to $49.00 in a research note on Thursday, April 24th. They now have an “equal weight” rating on the stock. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $52.17.
The stock has a 50-day moving average of $43.72 and a 200-day moving average of $44.76. The company has a market cap of $1.605 billion and a P/E ratio of 21.75.
Amsurg Corp (NASDAQ:AMSG) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.53 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.55 by $0.02. The company had revenue of $263.11 million for the quarter, compared to the consensus estimate of $272.09 million. During the same quarter last year, the company posted $0.52 earnings per share. Amsurg Corp’s revenue was up 1.9% compared to the same quarter last year. Analysts expect that Amsurg Corp will post $2.45 EPS for the current fiscal year.
In other Amsurg Corp news, CEO Christopher A. Holden sold 3,000 shares of the stock on the open market in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $46.39, for a total value of $139,170.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
AmSurg Corp. is the owner and operator of short stay ambulatory surgery centers (NASDAQ:AMSG) in the United States.
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