Almost Family Inc (NASDAQ:AFAM) – Stock analysts at Jefferies Group dropped their Q4 2017 earnings per share estimates for Almost Family in a research note issued on Monday. Jefferies Group analyst B. Tanquilut now expects that the company will post earnings of $0.62 per share for the quarter, down from their prior estimate of $0.70. Jefferies Group also issued estimates for Almost Family’s FY2018 earnings at $2.66 EPS.

AFAM has been the topic of a number of other reports. Zacks Investment Research lowered shares of Almost Family from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. BidaskClub lowered shares of Almost Family from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. ValuEngine raised shares of Almost Family from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. J P Morgan Chase & Co initiated coverage on shares of Almost Family in a research note on Monday. They issued a “neutral” rating and a $54.00 price objective on the stock. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $55.00 price objective on shares of Almost Family in a research note on Tuesday, September 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $57.40.

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Shares of Almost Family (NASDAQ:AFAM) traded down 0.43% during midday trading on Thursday, reaching $46.60. 10,191 shares of the company’s stock traded hands. Almost Family has a 12 month low of $36.39 and a 12 month high of $62.95. The stock has a 50 day moving average of $48.92 and a 200-day moving average of $52.57. The stock has a market cap of $639.21 million, a P/E ratio of 31.72 and a beta of 0.47.

Almost Family (NASDAQ:AFAM) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 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 business had revenue of $200.70 million for the quarter, compared to analysts’ expectations of $205.48 million. During the same period in the previous year, the firm posted $0.61 EPS. The firm’s revenue was up 28.7% compared to the same quarter last year.

In related news, SVP John Shermyen sold 2,000 shares of the firm’s stock in a transaction dated Thursday, September 28th. The shares were sold at an average price of $52.00, for a total transaction of $104,000.00. Following the transaction, the senior vice president now directly owns 79,864 shares of the company’s stock, valued at $4,152,928. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.10% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in AFAM. Municipal Employees Retirement System of Michigan lifted its position in shares of Almost Family by 32.3% during the first quarter. Municipal Employees Retirement System of Michigan now owns 2,620 shares of the company’s stock valued at $127,000 after purchasing an additional 640 shares in the last quarter. US Bancorp DE lifted its position in shares of Almost Family by 68.4% during the second quarter. US Bancorp DE now owns 2,118 shares of the company’s stock valued at $131,000 after purchasing an additional 860 shares in the last quarter. Mason Street Advisors LLC lifted its position in shares of Almost Family by 43.0% during the first quarter. Mason Street Advisors LLC now owns 2,788 shares of the company’s stock valued at $135,000 after purchasing an additional 839 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Almost Family by 9.4% during the first quarter. BNP Paribas Arbitrage SA now owns 2,923 shares of the company’s stock valued at $142,000 after purchasing an additional 251 shares in the last quarter. Finally, State of Alaska Department of Revenue lifted its position in shares of Almost Family by 78.3% during the second quarter. State of Alaska Department of Revenue now owns 2,354 shares of the company’s stock valued at $145,000 after purchasing an additional 1,034 shares in the last quarter. 85.48% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for Almost Family (NASDAQ:AFAM)

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