LHC Group (NASDAQ: LHCG) has recently received a number of price target changes and ratings updates:

  • 8/5/2017 – LHC Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $67.00 price target on the stock. According to Zacks, “LHC Group provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the southern United States. They provide home-based services through their home nursing agencies and hospices and facility-based services through their long-term acute care hospitals and outpatient rehabilitation clinics. “
  • 8/4/2017 – LHC Group had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $68.00 price target on the stock.
  • 7/25/2017 – LHC Group was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/18/2017 – LHC Group had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $69.00 price target on the stock.
  • 7/12/2017 – LHC Group was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/6/2017 – LHC Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “LHC Group provides post-acute healthcare services primarily to Medicare beneficiaries in rural markets in the southern United States. They provide home-based services through their home nursing agencies and hospices and facility-based services through their long-term acute care hospitals and outpatient rehabilitation clinics. “
  • 6/13/2017 – LHC Group had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada.
  • 6/9/2017 – LHC Group had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $65.00 price target on the stock.
  • 6/8/2017 – LHC Group had its price target raised by analysts at Benchmark Co. from $63.00 to $72.00. They now have a “buy” rating on the stock.

Shares of LHC Group (NASDAQ:LHCG) opened at 60.85 on Monday. The firm’s 50 day moving average is $64.67 and its 200-day moving average is $56.16. LHC Group has a 1-year low of $32.04 and a 1-year high of $69.35. The company has a market cap of $1.08 billion, a PE ratio of 26.92 and a beta of 0.77.

LHC Group (NASDAQ:LHCG) last posted its quarterly earnings data on Wednesday, August 2nd. The health services provider reported $0.63 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.09. The firm had revenue of $260.20 million for the quarter, compared to analysts’ expectations of $254.10 million. LHC Group had a net margin of 4.13% and a return on equity of 9.62%. The business’s quarterly revenue was up 15.1% on a year-over-year basis. During the same quarter last year, the company posted $0.52 EPS. Equities analysts expect that LHC Group will post $2.36 earnings per share for the current year.

In related news, Director Coliseum Capital Management, L sold 162,524 shares of the stock in a transaction on Wednesday, June 7th. The shares were sold at an average price of $62.80, for a total transaction of $10,206,507.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Donald Dwayne Stelly sold 3,181 shares of the stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $64.97, for a total transaction of $206,669.57. Following the transaction, the chief operating officer now directly owns 114,235 shares in the company, valued at approximately $7,421,847.95. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 682,839 shares of company stock worth $42,140,531. Corporate insiders own 14.80% of the company’s stock.

LHC Group, Inc is a holding company. The Company provides post-acute healthcare services to patients through its home nursing agencies, hospice agencies, community-based services agencies and long-term acute care hospitals (LTACHs). The Company operates through four segments: home health services, hospice services, community-based services and facility-based services.

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