Share on StockTwits

LHC Group (NASDAQ:LHCG) CEO Keith G. Myers sold 77,351 shares of the stock on the open market in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $25.33, for a total transaction of $1,959,300.83. Following the completion of the sale, the chief executive officer now directly owns 260,218 shares of the company’s stock, valued at approximately $6,591,322. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of LHC Group (NASDAQ:LHCG) remained flat at $25.38 during trading on Friday. The stock had a trading volume of 1,640 shares. LHC Group has a one year low of $19.69 and a one year high of $25.84. The stock’s 50-day moving average is $23.07 and its 200-day moving average is $22.06. The company has a market cap of $451.5 million and a P/E ratio of 21.51.

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.

Several analysts have recently commented on the stock. 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 given a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus 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).

Receive News & Ratings for LHC Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LHC Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.