Wall Street analysts predict that WebMD Health Corp (NASDAQ:WBMD) will announce earnings per share (EPS) of $0.52 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for WebMD Health Corp’s earnings, with the lowest EPS estimate coming in at $0.49 and the highest estimate coming in at $0.57. WebMD Health Corp reported earnings of $0.47 per share during the same quarter last year, which suggests a positive year over year growth rate of 10.6%. The business is scheduled to announce its next quarterly earnings report on Tuesday, November 7th.

On average, analysts expect that WebMD Health Corp will report full year earnings of $2.06 per share for the current year, with EPS estimates ranging from $2.03 to $2.09. For the next financial year, analysts expect that the firm will post earnings of $2.08 per share, with EPS estimates ranging from $1.93 to $2.20. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover WebMD Health Corp.

A number of equities research analysts have recently issued reports on the stock. Leerink Swann downgraded shares of WebMD Health Corp from an “outperform” rating to a “market perform” rating and increased their price target for the stock from $60.00 to $66.50 in a report on Tuesday, July 25th. Zacks Investment Research raised shares of WebMD Health Corp from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a report on Thursday. SunTrust Banks, Inc. downgraded shares of WebMD Health Corp from a “buy” rating to a “hold” rating and increased their price target for the stock from $60.00 to $66.50 in a report on Tuesday, July 25th. Raymond James Financial, Inc. reissued a “market perform” rating and issued a $66.50 price target on shares of WebMD Health Corp in a report on Tuesday, July 25th. Finally, Citigroup Inc. downgraded shares of WebMD Health Corp from a “buy” rating to a “neutral” rating and raised their target price for the company from $62.00 to $66.50 in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. WebMD Health Corp has an average rating of “Hold” and an average price target of $65.25.

Shares of WebMD Health Corp (NASDAQ WBMD) traded up 0.05% during mid-day trading on Friday, reaching $66.43. 221,449 shares of the company’s stock traded hands. WebMD Health Corp has a 12-month low of $48.10 and a 12-month high of $66.57. The company has a market cap of $2.43 billion, a P/E ratio of 34.01 and a beta of 0.79. The firm has a 50-day moving average of $65.67 and a 200 day moving average of $57.52.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Harbour Group L.P. raised its stake in WebMD Health Corp by 87.2% in the first quarter. Blue Harbour Group L.P. now owns 3,361,336 shares of the health services provider’s stock valued at $177,075,000 after purchasing an additional 1,565,422 shares in the last quarter. Vanguard Group Inc. grew its position in WebMD Health Corp by 4.2% during the second quarter. Vanguard Group Inc. now owns 3,066,382 shares of the health services provider’s stock valued at $179,843,000 after acquiring an additional 123,295 shares during the last quarter. State Street Corp grew its position in WebMD Health Corp by 4.0% during the second quarter. State Street Corp now owns 1,238,715 shares of the health services provider’s stock valued at $72,653,000 after acquiring an additional 47,603 shares during the last quarter. Janus Capital Management LLC grew its position in WebMD Health Corp by 15.3% during the first quarter. Janus Capital Management LLC now owns 1,195,632 shares of the health services provider’s stock valued at $62,986,000 after acquiring an additional 158,534 shares during the last quarter. Finally, Eagle Asset Management Inc. grew its position in WebMD Health Corp by 1.5% during the second quarter. Eagle Asset Management Inc. now owns 1,116,210 shares of the health services provider’s stock valued at $65,465,000 after acquiring an additional 16,877 shares during the last quarter. 91.10% of the stock is currently owned by institutional investors and hedge funds.

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About WebMD Health Corp

WebMD Health Corp. is a provider of health information services. The Company provides its services to consumers, physicians and other healthcare professionals through its Websites, mobile applications and health-focused publications. Advertisers and sponsors use The WebMD Health Network to reach and engage healthcare professionals and consumers who are interested in healthy living, wellness, diseases and conditions, and other health-related topics.

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Earnings History and Estimates for WebMD Health Corp (NASDAQ:WBMD)

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