Almost Family Inc (NASDAQ:AFAM) received a $55.00 price objective from equities researchers at Robert W. Baird in a research report issued to clients and investors on Saturday. The brokerage currently has a “hold” rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 15.67% from the company’s current price.

A number of other research firms also recently issued reports on AFAM. Zacks Investment Research downgraded Almost Family from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. ValuEngine upgraded Almost Family from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Royal Bank Of Canada restated a “buy” rating on shares of Almost Family in a research note on Wednesday, October 11th. SunTrust Banks, Inc. set a $52.00 price target on Almost Family and gave the company a “hold” rating in a research note on Monday, October 16th. Finally, BidaskClub downgraded Almost Family from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. One analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. Almost Family presently has an average rating of “Hold” and an average price target of $56.50.

Almost Family (NASDAQ:AFAM) opened at 47.55 on Friday. The company’s 50-day moving average is $48.84 and its 200 day moving average is $52.46. Almost Family has a 52-week low of $36.75 and a 52-week high of $62.95. The company has a market cap of $652.24 million, a price-to-earnings ratio of 32.37 and a beta of 0.47.

Almost Family (NASDAQ:AFAM) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 EPS for the quarter, hitting the consensus estimate of $0.56. Almost Family had a return on equity of 7.09% and a net margin of 2.43%. The company had revenue of $200.70 million during the quarter, compared to the consensus estimate of $205.48 million. During the same period last year, the company earned $0.61 EPS. Almost Family’s revenue for the quarter was up 28.7% on a year-over-year basis. Equities analysts forecast that Almost Family will post $2.15 earnings per share for the current fiscal year.

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In other Almost Family news, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $52.00, for a total transaction of $104,000.00. Following the completion of the sale, the senior vice president now directly owns 79,864 shares in the company, valued at approximately $4,152,928. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 13.10% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in the business. Tributary Capital Management LLC grew its stake in shares of Almost Family by 21.3% during the 3rd quarter. Tributary Capital Management LLC now owns 246,125 shares of the company’s stock valued at $13,217,000 after purchasing an additional 43,174 shares during the period. Fisher Asset Management LLC grew its stake in shares of Almost Family by 8.1% during the 3rd quarter. Fisher Asset Management LLC now owns 69,313 shares of the company’s stock valued at $3,722,000 after purchasing an additional 5,190 shares during the period. Summit Creek Advisors LLC bought a new stake in shares of Almost Family during the 3rd quarter valued at about $7,810,000. USA Financial Portformulas Corp bought a new stake in shares of Almost Family during the 2nd quarter valued at about $615,000. Finally, WINTON GROUP Ltd bought a new stake in shares of Almost Family during the 2nd quarter valued at about $878,000. Institutional investors and hedge funds own 85.48% of the company’s stock.

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.

Analyst Recommendations for Almost Family (NASDAQ:AFAM)

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