Almost Family Raised to Buy at Jefferies Group (AFAM)
Almost Family (NASDAQ:AFAM) was upgraded by research analysts at Jefferies Group to a “buy” rating in a report released on Tuesday. The firm currently has a $33.00 price target on the stock, up from their previous price target of $23.00. Jefferies Group’s price objective would indicate a potential upside of 22.36% from the stock’s previous close.
AFAM has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Almost Family from a “neutral” rating to an “outperform” rating in a research note on Monday, August 11th. They now have a $27.30 price target on the stock. Analysts at Avondale Partners downgraded shares of Almost Family from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 22nd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Almost Family has an average rating of “Buy” and an average price target of $27.33.
Shares of Almost Family (NASDAQ:AFAM) opened at 26.97 on Tuesday. Almost Family has a 1-year low of $18.37 and a 1-year high of $33.97. The stock’s 50-day moving average is $24.07 and its 200-day moving average is $23.85. The company has a market cap of $252.0 million and a price-to-earnings ratio of 32.18.
Almost Family (NASDAQ:AFAM) last released its earnings data on Wednesday, August 6th. The company reported $0.51 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.34 by $0.17. The company had revenue of $125.00 million for the quarter, compared to the consensus estimate of $121.50 million. Analysts expect that Almost Family will post $1.61 EPS for the current fiscal year.
Almost Family, Inc, along with its subsidiaries, is a regionally focused provider of home health services.
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