Air Methods Corp. Rating Reiterated by Oppenheimer (AIRM)
Air Methods Corp. (NASDAQ:AIRM)‘s stock had its “outperform” rating restated by equities researchers at Oppenheimer in a research report issued on Friday. They currently have a $65.00 price target on the stock, up from their previous price target of $60.00. Oppenheimer’s price target would suggest a potential upside of 8.68% from the stock’s previous close.
Air Methods Corp. (NASDAQ:AIRM) opened at 59.81 on Friday. Air Methods Corp. has a one year low of $37.35 and a one year high of $60.74. The stock has a 50-day moving average of $51. and a 200-day moving average of $51.76. The company has a market cap of $2.342 billion and a P/E ratio of 24.09.
Air Methods Corp. (NASDAQ:AIRM) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.07. The company had revenue of $258.50 million for the quarter, compared to the consensus estimate of $251.90 million. During the same quarter in the previous year, the company posted $0.52 earnings per share. The company’s revenue for the quarter was up 14.3% on a year-over-year basis. Analysts expect that Air Methods Corp. will post $2.68 EPS for the current fiscal year.
AIRM has been the subject of a number of other recent research reports. Analysts at KeyCorp initiated coverage on shares of Air Methods Corp. in a research note on Tuesday, June 3rd. They set a “buy” rating and a $63.00 price target on the stock. Analysts at Stephens upgraded shares of Air Methods Corp. from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, May 20th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $61.00.
Air Methods Corporation (NASDAQ:AIRM) is a provider of air medical emergency transport services and systems throughout the United States of America.
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