LifePoint Hospitals Receives Consensus Rating of “Hold” from Analysts (NASDAQ:LPNT)
LifePoint Hospitals (NASDAQ:LPNT) has earned a consensus rating of “Hold” from the fifteen analysts that are covering the company, AR Network reports. One investment analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $70.21.
LPNT has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of LifePoint Hospitals in a research note on Monday, July 28th. They now have a $81.00 price target on the stock, up previously from $64.00. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of LifePoint Hospitals from $65.00 to $76.00 in a research note on Monday, July 28th. Finally, analysts at Barclays raised their price target on shares of LifePoint Hospitals from $59.00 to $69.00 in a research note on Monday, July 28th. They now have an “underweight” rating on the stock.
LifePoint Hospitals (NASDAQ:LPNT) opened at 74.80 on Thursday. LifePoint Hospitals has a one year low of $43.97 and a one year high of $76.50. The stock has a 50-day moving average of $70.57 and a 200-day moving average of $60.56. The company has a market cap of $3.377 billion and a price-to-earnings ratio of 24.40.
LifePoint Hospitals (NASDAQ:LPNT) last announced its earnings results on Friday, July 25th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.29. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.01 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 15.4% on a year-over-year basis. On average, analysts predict that LifePoint Hospitals will post $3.09 earnings per share for the current fiscal year.
LifePoint Hospitals, Inc (NASDAQ:LPNT), through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States.
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.