Shares of Almost Family Inc (NASDAQ:AFAM) have received an average recommendation of “Hold” from the six research firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two 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 $60.50.

Several brokerages have recently issued reports on AFAM. Zacks Investment Research raised shares of Almost Family from a “sell” rating to a “hold” rating in a report on Monday, May 15th. BidaskClub downgraded shares of Almost Family from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Robert W. Baird downgraded shares of Almost Family from an “outperform” rating to a “neutral” rating and upped their price objective for the stock from $55.00 to $64.00 in a report on Monday, July 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $63.00 price objective on shares of Almost Family in a report on Tuesday, June 13th. Finally, Bank of America Corporation reaffirmed a “neutral” rating and issued a $57.00 price objective (up previously from $52.00) on shares of Almost Family in a report on Wednesday, May 17th.

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Shares of Almost Family (NASDAQ AFAM) traded up 0.93% during trading on Friday, reaching $48.95. 245,764 shares of the company’s stock were exchanged. The company’s 50-day moving average is $53.33 and its 200 day moving average is $52.38. The stock has a market capitalization of $671.45 million, a PE ratio of 33.32 and a beta of 0.43. Almost Family has a 52 week low of $35.21 and a 52 week high of $62.95.

Almost Family (NASDAQ:AFAM) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The company had revenue of $200.70 million during the quarter, compared to the consensus estimate of $205.48 million. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 28.7% compared to the same quarter last year. On average, analysts forecast that Almost Family will post $2.36 earnings per share for the current year.

In related news, SVP John Shermyen sold 3,000 shares of the company’s stock in a transaction dated Monday, July 3rd. The shares were sold at an average price of $61.61, for a total value of $184,830.00. Following the completion of the sale, the senior vice president now owns 81,864 shares of the company’s stock, valued at $5,043,641.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider C Steven Guenthner sold 20,000 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $55.90, for a total transaction of $1,118,000.00. Following the completion of the sale, the insider now directly owns 166,951 shares of the company’s stock, valued at approximately $9,332,560.90. The disclosure for this sale can be found here. Insiders sold 36,067 shares of company stock valued at $2,036,699 in the last ninety days. Corporate insiders own 13.10% of the company’s stock.

Large investors have recently bought and sold shares of the company. Prescott Group Capital Management L.L.C. increased its stake in Almost Family by 64.2% in the first quarter. Prescott Group Capital Management L.L.C. now owns 8,474 shares of the company’s stock valued at $412,000 after buying an additional 3,314 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Almost Family by 42.6% in the first quarter. Great West Life Assurance Co. Can now owns 15,169 shares of the company’s stock valued at $736,000 after buying an additional 4,528 shares during the last quarter. Monarch Partners Asset Management LLC increased its stake in Almost Family by 547.2% in the first quarter. Monarch Partners Asset Management LLC now owns 59,605 shares of the company’s stock valued at $2,897,000 after buying an additional 50,395 shares during the last quarter. Wells Fargo & Company MN increased its stake in Almost Family by 188.8% in the first quarter. Wells Fargo & Company MN now owns 23,048 shares of the company’s stock valued at $1,120,000 after buying an additional 15,067 shares during the last quarter. Finally, First Midwest Bank Trust Division increased its stake in Almost Family by 3.3% in the first quarter. First Midwest Bank Trust Division now owns 24,130 shares of the company’s stock valued at $1,173,000 after buying an additional 780 shares during the last quarter. 83.94% of the stock is owned by institutional investors and hedge funds.

Almost Family Company Profile

Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.

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