Envision Healthcare Corporation (EVHC) Releases Q3 Earnings Guidance
Envision Healthcare Corporation (NYSE:EVHC) issued an update on its third quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.87-0.83 for the period, compared to the Thomson Reuters consensus estimate of $0.96. Envision Healthcare Corporation also updated its FY17 guidance to $3.35-3.45 EPS.
Shares of Envision Healthcare Corporation (EVHC) traded down 1.33% during mid-day trading on Monday, hitting $55.05. The stock had a trading volume of 2,272,795 shares. The firm’s market cap is $6.39 billion. Envision Healthcare Corporation has a one year low of $53.12 and a one year high of $74.75. The company has a 50-day moving average of $60.18 and a 200 day moving average of $61.73.
A number of research analysts have recently commented on EVHC shares. Cantor Fitzgerald reissued a buy rating and set a $80.00 price objective on shares of Envision Healthcare Corporation in a report on Tuesday, July 4th. Zacks Investment Research raised Envision Healthcare Corporation from a strong sell rating to a buy rating and set a $70.00 price objective on the stock in a report on Tuesday, July 4th. Royal Bank Of Canada reissued a buy rating and set a $72.00 price objective on shares of Envision Healthcare Corporation in a report on Monday, June 5th. Jefferies Group LLC reissued a buy rating and set a $71.00 price objective (down previously from $75.00) on shares of Envision Healthcare Corporation in a report on Wednesday, May 3rd. Finally, Mizuho lowered their price objective on Envision Healthcare Corporation from $70.00 to $60.00 and set a neutral rating on the stock in a report on Tuesday, May 30th. One analyst has rated the stock with a sell rating, two have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of Buy and an average price target of $71.89.
In other Envision Healthcare Corporation news, insider Robert Jon Coward sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, July 3rd. The stock was sold at an average price of $62.69, for a total value of $94,035.00. Following the sale, the insider now owns 97,863 shares of the company’s stock, valued at approximately $6,135,031.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 3.10% of the company’s stock.
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About Envision Healthcare Corporation
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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