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Health Net, Inc. (NYSE:HNT) updated its FY14 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of at least $3.00 for the period, compared to the Thomson Reuters consensus estimate of $3.02, Stock Ratings News reports.

A number of analysts have recently weighed in on HNT shares. Analysts at JPMorgan Chase & Co. reiterated a neutral rating on shares of Health Net in a research note on Tuesday, June 3rd. They now have a $40.00 price target on the stock, up previously from $38.00. On a related note, analysts at BMO Capital Markets raised their price target on shares of Health Net from $35.00 to $38.00 in a research note on Wednesday, May 14th. They now have a market perform rating on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of Health Net in a research note on Tuesday, May 13th. They now have a $37.00 price target on the stock, up previously from $33.00. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of Hold and an average target price of $39.75.

Shares of Health Net, Inc. (NYSE:HNT) traded down 0.02% during mid-day trading on Monday, hitting $40.73. The stock had a trading volume of 530,123 shares. Health Net, Inc. has a one year low of $25.40 and a one year high of $41.04. The stock’s 50-day moving average is $39.18 and its 200-day moving average is $33.93. The company has a market cap of $3.267 billion and a price-to-earnings ratio of 21.92.

Health Net (NYSE:HNT) last announced its earnings results on Wednesday, May 7th. The company reported $0.39 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.42 by $0.03. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $3.25 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 8.6% on a year-over-year basis. On average, analysts predict that Health Net, Inc. will post $2.32 earnings per share for the current fiscal year.

Health Net, Inc is a managed care company that delivers managed health care services through health plans and government-sponsored managed care plans.

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