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Shares of Team Health Holdings (NYSE:TMH) have earned a consensus rating of “Buy” from the eight ratings firms that are currently covering the stock, AR Network reports. Two analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $53.43.

Shares of Team Health Holdings (NYSE:TMH) opened at 51.15 on Wednesday. Team Health Holdings has a 1-year low of $36.41 and a 1-year high of $52.18. The stock’s 50-day moving average is $48.85 and its 200-day moving average is $46.26. The company has a market cap of $3.593 billion and a P/E ratio of 39.08.

Team Health Holdings (NYSE:TMH) last released its earnings data on Tuesday, April 29th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.04. The company had revenue of $641.65 million for the quarter, compared to the consensus estimate of $646.83 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was up 11.4% on a year-over-year basis. Analysts expect that Team Health Holdings will post $2.19 EPS for the current fiscal year.

A number of research firms have recently commented on TMH. Analysts at Deutsche Bank downgraded shares of Team Health Holdings from a “buy” rating to a “hold” rating in a research note on Friday, June 6th. They now have a $53.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at RBC Capital raised their price target on shares of Team Health Holdings from $50.00 to $55.00 in a research note on Monday, May 5th. They now have an “outperform” rating on the stock. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Team Health Holdings in a research note on Wednesday, April 30th. They now have a $52.00 price target on the stock.

Team Health Holdings, Inc is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States, based upon revenues, patient visits, and number of clients.

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