LHC Group COO Donald Dwayne Stelly Unloads 1,725 Shares (LHCG)
LHC Group (NASDAQ:LHCG) COO Donald Dwayne Stelly sold 1,725 shares of the company’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $25.62, for a total value of $44,194.50. Following the sale, the chief operating officer now directly owns 95,227 shares in the company, valued at approximately $2,439,716. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
LHC Group (NASDAQ:LHCG) traded up 0.16% on Monday, hitting $25.49. The stock had a trading volume of 205,430 shares. LHC Group has a 52 week low of $19.69 and a 52 week high of $25.84. The stock’s 50-day moving average is $22.77 and its 200-day moving average is $22.00. The company has a market cap of $453.4 million and a price-to-earnings ratio of 21.57.
LHC Group (NASDAQ:LHCG) last released its earnings data on Wednesday, August 6th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.03. The company had revenue of $188.90 million for the quarter, compared to the consensus estimate of $179.90 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. The company’s quarterly revenue was up 13.6% on a year-over-year basis. Analysts expect that LHC Group will post $1.30 EPS for the current fiscal year.
A number of analysts have recently weighed in on LHCG shares. Analysts at Credit Suisse reiterated an “underperform” rating on shares of LHC Group in a research note on Monday, August 11th. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, analysts at Zacks upgraded shares of LHC Group from a “neutral” rating to an “outperform” rating in a research note on Monday, August 11th. They now have a $26.40 price target on the stock. Finally, analysts at Piper Jaffray raised their price target on shares of LHC Group from $25.00 to $28.00 in a research note on Monday, August 11th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $24.88.
LHC Group, Inc (NASDAQ:LHCG) provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals (LTACHs).
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.