Amsurg Corp. (EVHC) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Amsurg Corp. (NYSE:EVHC) have been assigned a consensus rating of “Buy” from the eighteen research firms that are currently covering the stock. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $37.57.

A number of research analysts recently issued reports on the company. Jefferies Group set a $32.00 price target on Amsurg Corp. and gave the company a “buy” rating in a report on Sunday, December 4th. Goldman Sachs Group Inc. assumed coverage on Amsurg Corp. in a report on Friday, December 9th. They set a “buy” rating on the stock. Zacks Investment Research upgraded Amsurg Corp. from a “sell” rating to a “hold” rating in a report on Tuesday, November 1st. Canaccord Genuity restated a “buy” rating on shares of Amsurg Corp. in a report on Friday, December 9th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $31.00 price target on shares of Amsurg Corp. in a report on Thursday, September 8th.

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Shares of Amsurg Corp. (NYSE:EVHC) traded down 2.49% during mid-day trading on Wednesday, hitting $66.88. The stock had a trading volume of 624,355 shares. The firm has a market cap of $3.60 billion, a PE ratio of 20.64 and a beta of 0.72. Amsurg Corp. has a 52-week low of $57.32 and a 52-week high of $84.71. The stock’s 50-day moving average price is $32.55 and its 200-day moving average price is $25.80.

Amsurg Corp. (NYSE:EVHC) last released its quarterly earnings data on Tuesday, November 1st. The company reported $0.36 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. Amsurg Corp. had a return on equity of 8.05% and a net margin of 6.06%. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the business earned $0.30 earnings per share. The company’s quarterly revenue was up 19.8% on a year-over-year basis. On average, analysts anticipate that Amsurg Corp. will post $1.40 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the company. IBM Retirement Fund boosted its position in Amsurg Corp. by 0.4% in the second quarter. IBM Retirement Fund now owns 18,798 shares of the company’s stock valued at $477,000 after buying an additional 68 shares during the period. Sumitomo Mitsui Asset Management Company LTD boosted its position in Amsurg Corp. by 1.3% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,559 shares of the company’s stock valued at $318,000 after buying an additional 162 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in Amsurg Corp. by 1.5% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 26,872 shares of the company’s stock valued at $598,000 after buying an additional 402 shares during the period. Pacer Advisors Inc. boosted its position in Amsurg Corp. by 7.4% in the third quarter. Pacer Advisors Inc. now owns 7,045 shares of the company’s stock valued at $157,000 after buying an additional 484 shares during the period. Finally, Nordea Investment Management AB boosted its position in Amsurg Corp. by 9.8% in the second quarter. Nordea Investment Management AB now owns 5,457 shares of the company’s stock valued at $138,000 after buying an additional 488 shares during the period.

Amsurg Corp. Company Profile

Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

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