HealthSouth Corporation (NYSE: HLS) recently received a number of ratings updates from brokerages and research firms:

  • 9/7/2017 – HealthSouth Corporation had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 9/6/2017 – HealthSouth Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $55.00 price target on the stock.
  • 9/1/2017 – HealthSouth Corporation was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/31/2017 – HealthSouth Corporation is now covered by analysts at Stephens. They set an “overweight” rating and a $53.00 price target on the stock.
  • 8/15/2017 – HealthSouth Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “HEALTHSOUTH Corp. is the one of the nation’s largest providers of outpatient surgery and rehabilitative healthcare services. The company provides these services through its national network of inpatient and outpatient healthcare facilities, including inpatient and outpatient rehabilitation facilities, outpatient surgery centers, diagnostic centers, occupational medicine centers, medical centers and other healthcare facilities. “
  • 8/3/2017 – HealthSouth Corporation had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $50.00 price target on the stock.
  • 8/2/2017 – HealthSouth Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $49.00 price target on the stock. According to Zacks, “HEALTHSOUTH Corp. is the one of the nation’s largest providers of outpatient surgery and rehabilitative healthcare services. The company provides these services through its national network of inpatient and outpatient healthcare facilities, including inpatient and outpatient rehabilitation facilities, outpatient surgery centers, diagnostic centers, occupational medicine centers, medical centers and other healthcare facilities. “

Shares of HealthSouth Corporation (HLS) opened at 45.17 on Thursday. The firm’s 50-day moving average is $44.07 and its 200-day moving average is $44.87. HealthSouth Corporation has a 12-month low of $36.97 and a 12-month high of $49.71. The firm has a market cap of $4.46 billion, a PE ratio of 15.90 and a beta of 0.59.

HealthSouth Corporation (NYSE:HLS) last released its quarterly earnings results on Monday, July 31st. The company reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.03. The firm had revenue of $981.30 million during the quarter, compared to analysts’ expectations of $976.46 million. HealthSouth Corporation had a return on equity of 25.07% and a net margin of 6.70%. HealthSouth Corporation’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.69 EPS. Equities analysts expect that HealthSouth Corporation will post $2.71 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Monday, October 2nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date is Friday, September 29th. This is a boost from HealthSouth Corporation’s previous quarterly dividend of $0.24. HealthSouth Corporation’s dividend payout ratio is currently 35.29%.

In other HealthSouth Corporation news, CEO Mark J. Tarr sold 22,625 shares of the company’s stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $43.00, for a total value of $972,875.00. Following the completion of the transaction, the chief executive officer now owns 283,134 shares in the company, valued at approximately $12,174,762. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.60% of the stock is owned by corporate insiders.

HealthSouth Corporation (HealthSouth) is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. The Company manages its operations through segments, including inpatient rehabilitation, and home health and hospice.

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