Amsurg Corp Given Average Recommendation of “Buy” by Analysts (NASDAQ:AMSG)
Amsurg Corp (NASDAQ:AMSG) has been given a consensus rating of “Buy” by the eight ratings firms that are presently covering the company, American Banking News.com reports. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $54.29.
Shares of Amsurg Corp (NASDAQ:AMSG) opened at 49.60 on Friday. Amsurg Corp has a one year low of $36.55 and a one year high of $52.81. The stock’s 50-day moving average is $48.06 and its 200-day moving average is $45.56. The company has a market cap of $1.580 billion and a price-to-earnings ratio of 21.99.
Amsurg Corp (NASDAQ:AMSG) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.63 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.63. The company had revenue of $281.10 million for the quarter, compared to the consensus estimate of $281.51 million. During the same quarter in the prior year, the company posted $0.58 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. On average, analysts predict that Amsurg Corp will post $2.45 earnings per share for the current fiscal year.
A number of research firms have recently commented on AMSG. Analysts at Piper Jaffray raised their price target on shares of Amsurg Corp from $45.00 to $51.00 in a research note on Monday. Separately, analysts at SunTrust upgraded shares of Amsurg Corp from a “neutral” rating to a “buy” rating in a research note on Friday, June 27th. They now have a $54.00 price target on the stock, up previously from $50.00. Finally, analysts at Robert W. Baird upgraded shares of Amsurg Corp from a “neutral” rating to an “outperform” rating in a research note on Friday, June 27th. They now have a $55.00 price target on the stock, up previously from $44.00.
AmSurg Corp. is the owner and operator of short stay ambulatory surgery centers (NASDAQ:AMSG) in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.