Amsurg Corp Reaches New 1-Year High at $53.00 (AMSG)
Amsurg Corp (NASDAQ:AMSG) shares reached a new 52-week high during trading on Monday , Analyst Ratings Network reports. The stock traded as high as $53.00 and last traded at $51.74, with a volume of 208,782 shares. The stock had previously closed at $52.69.
Several analysts have recently commented on the stock. 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, August 4th. 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. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. Amsurg Corp has a consensus rating of “Buy” and a consensus price target of $54.29.
The stock’s 50-day moving average is $48.77 and its 200-day moving average is $46.14. The company has a market cap of $1.647 billion and a P/E ratio of 23.36.
Amsurg Corp (NASDAQ:AMSG) last announced its earnings results on Thursday, July 31st. The company reported $0.63 earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted $0.58 earnings per share. Amsurg Corp’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Amsurg Corp will post $2.45 earnings per share for the current fiscal year.
AmSurg Corp. is the owner and operator of short stay ambulatory surgery centers (NASDAQ:AMSG) in the United States.
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