Analysts expect Healthways, Inc. (NASDAQ:TVTY) to post sales of $138.03 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Healthways’ earnings, with the lowest sales estimate coming in at $137.50 million and the highest estimate coming in at $138.90 million. Healthways reported sales of $125.00 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 10.4%. The business is scheduled to announce its next earnings report after the market closes on Thursday, July 27th.

According to Zacks, analysts expect that Healthways will report full year sales of $138.03 million for the current year, with estimates ranging from $552.90 million to $557.50 million. For the next financial year, analysts anticipate that the company will post sales of $604.62 million per share, with estimates ranging from $596.95 million to $611.57 million. Zacks’ sales averages are an average based on a survey of research analysts that cover Healthways.

Healthways (NASDAQ:TVTY) last released its quarterly earnings results on Thursday, April 27th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.08. Healthways had a negative net margin of 18.90% and a positive return on equity of 37.59%. The firm had revenue of $141 million during the quarter, compared to the consensus estimate of $136.28 million. The business’s revenue for the quarter was up 11.9% on a year-over-year basis.

A number of equities analysts have recently weighed in on the stock. UBS AG boosted their price objective on shares of Healthways from $37.00 to $43.00 and gave the company a “buy” rating in a research report on Friday, June 23rd. Jefferies Group LLC restated a “buy” rating and issued a $36.00 target price on shares of Healthways in a research note on Friday, June 16th. Cantor Fitzgerald upped their target price on shares of Healthways from $34.00 to $42.00 and gave the company an “overweight” rating in a research note on Friday, June 9th. BidaskClub upgraded shares of Healthways from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 9th. Finally, ValuEngine upgraded shares of Healthways from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. One analyst has rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $33.85.

In other news, Director Mary Jane England sold 1,763 shares of the business’s stock in a transaction dated Wednesday, May 3rd. The stock was sold at an average price of $31.95, for a total transaction of $56,327.85. Following the completion of the transaction, the director now directly owns 19,453 shares in the company, valued at approximately $621,523.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 8.42% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. Highbridge Capital Management LLC bought a new stake in Healthways during the first quarter valued at about $1,391,000. United Services Automobile Association purchased a new position in Healthways during the first quarter valued at approximately $377,000. North Tide Capital LLC purchased a new position in Healthways during the first quarter valued at approximately $72,750,000. Swiss National Bank purchased a new position in Healthways during the first quarter valued at approximately $1,667,000. Finally, Dimensional Fund Advisors LP purchased a new position in Healthways during the first quarter valued at approximately $70,660,000.

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Healthways (TVTY) traded down 1.3566% on Wednesday, hitting $39.9999. 135,261 shares of the company traded hands. The stock’s market cap is $1.57 billion. Healthways has a 12 month low of $11.99 and a 12 month high of $40.87. The stock’s 50-day moving average is $38.74 and its 200 day moving average is $31.17.

Healthways Company Profile

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

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Earnings History and Estimates for Healthways (NASDAQ:TVTY)

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