Equities analysts expect Healthways, Inc. (NASDAQ:TVTY) to report earnings per share (EPS) of $0.36 for the current quarter, Zacks reports. Five analysts have made estimates for Healthways’ earnings. The lowest EPS estimate is $0.35 and the highest is $0.37. Healthways reported earnings of $0.30 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 20%. The firm is scheduled to issue its next quarterly earnings report after the market closes on Thursday, October 26th.

On average, analysts expect that Healthways will report full-year earnings of $1.53 per share for the current fiscal year, with EPS estimates ranging from $1.51 to $1.56. For the next fiscal year, analysts forecast that the company will report earnings of $1.66 per share, with EPS estimates ranging from $1.59 to $1.74. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Healthways.

Healthways (NASDAQ:TVTY) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. The company had revenue of $138.90 million for the quarter, compared to analyst estimates of $138.15 million. Healthways had a net margin of 17.30% and a return on equity of 29.81%. Healthways’s quarterly revenue was up 11.1% on a year-over-year basis.

A number of research firms have recently issued reports on TVTY. Zacks Investment Research upgraded shares of Healthways from a “sell” rating to a “hold” rating in a research report on Thursday. ValuEngine downgraded shares of Healthways from a “buy” rating to a “hold” rating in a research report on Monday. UBS AG raised their price target on shares of Healthways from $37.00 to $43.00 and gave the stock a “buy” rating in a research report on Friday, June 23rd. Barrington Research raised their price target on shares of Healthways from $35.00 to $44.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $46.00 price target on shares of Healthways in a research report on Monday, September 25th. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $41.57.

In related news, Director Conan Laughlin sold 1,750,000 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $37.90, for a total value of $66,325,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Glenn Hargreaves sold 23,448 shares of the stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $37.78, for a total transaction of $885,865.44. Following the completion of the sale, the insider now directly owns 62,211 shares in the company, valued at approximately $2,350,331.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,824,858 shares of company stock worth $69,172,017. Corporate insiders own 8.42% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Lord Abbett & CO. LLC increased its holdings in shares of Healthways by 158.7% in the 2nd quarter. Lord Abbett & CO. LLC now owns 745,372 shares of the company’s stock worth $29,704,000 after acquiring an additional 457,285 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in shares of Healthways in the 2nd quarter worth about $290,000. Flinton Capital Management LLC increased its holdings in shares of Healthways by 63.5% in the 2nd quarter. Flinton Capital Management LLC now owns 3,502 shares of the company’s stock worth $139,000 after acquiring an additional 1,360 shares during the period. Riverhead Capital Management LLC increased its holdings in shares of Healthways by 69.7% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,564 shares of the company’s stock worth $142,000 after acquiring an additional 1,464 shares during the period. Finally, Eaton Vance Management acquired a new stake in shares of Healthways in the 2nd quarter worth about $625,000.

Healthways (NASDAQ TVTY) opened at 41.55 on Friday. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 34.62 and a beta of 0.38. The firm has a 50-day moving average of $38.90 and a 200-day moving average of $35.73. Healthways has a 1-year low of $19.25 and a 1-year high of $43.00.

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About Healthways

Tivity Health, Inc, formerly Healthways, Inc, is focused targeted population health for those aged 50 and older. The Company offers three programs: SilverSneakers senior fitness, Prime fitness and WholeHealth Living. The SilverSneakers senior fitness program is offered to members of Medicare Advantage, Medicare Supplement, and Group Retiree plans.

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Earnings History and Estimates for Healthways (NASDAQ:TVTY)

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