HealthSouth Corp Reaches New 1-Year High at $37.68 (HLS)
HealthSouth Corp (NYSE:HLS) hit a new 52-week high during mid-day trading on Friday , Analyst Ratings.Net reports. The company traded as high as $37.68 and last traded at $37.55, with a volume of 172,048 shares traded. The stock had previously closed at $36.95.
HLS has been the subject of a number of recent research reports. Analysts at Mizuho reiterated a “buy” rating on shares of HealthSouth Corp in a research note on Tuesday, April 29th. They now have a $42.00 price target on the stock. Separately, analysts at CRT Capital cut their price target on shares of HealthSouth Corp from $41.00 to $39.00 in a research note on Monday, April 28th. They now have a “buy” rating on the stock. Finally, analysts at Barclays initiated coverage on shares of HealthSouth Corp in a research note on Tuesday, April 1st. They set an “equal weight” rating and a $36.00 price target on the stock. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. HealthSouth Corp currently has a consensus rating of “Buy” and an average price target of $38.34.
The stock has a 50-day moving average of $34.47 and a 200-day moving average of $33.77. The company has a market cap of $3.275 billion and a P/E ratio of 14.23.
HealthSouth Corp (NYSE:HLS) last released its earnings data on Monday, April 28th. The company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by $0.01. The company had revenue of $591.20 million for the quarter, compared to the consensus estimate of $594.07 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts predict that HealthSouth Corp will post $1.94 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 15th. Investors of record on Tuesday, July 1st will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.94%. The ex-dividend date is Friday, June 27th.
HealthSouth Corporation (NYSE:HLS) is an owner and operator of inpatient rehabilitation hospitals.
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