Wall Street brokerages forecast that Healthways, Inc. (NASDAQ:TVTY) will post earnings per share of $0.36 for the current quarter, Zacks reports. Five analysts have issued estimates for Healthways’ earnings, with estimates ranging from $0.35 to $0.37. Healthways posted earnings of $0.30 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 20%. The firm is expected to report its next quarterly earnings report after the market closes on Thursday, October 26th.

According to Zacks, 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 anticipate that the firm will report earnings of $1.66 per share, with EPS estimates ranging from $1.59 to $1.74. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Healthways.

Healthways (NASDAQ:TVTY) last issued its earnings results on Thursday, July 27th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.03. The business had revenue of $138.90 million during the quarter, compared to analysts’ expectations of $138.15 million. Healthways had a net margin of 17.30% and a return on equity of 29.81%. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year.

A number of research firms recently commented on TVTY. SunTrust Banks, Inc. reiterated a “buy” rating and issued a $46.00 target price on shares of Healthways in a research note on Thursday, October 12th. Zacks Investment Research upgraded shares of Healthways from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. ValuEngine cut shares of Healthways from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Jefferies Group LLC reiterated a “buy” rating and issued a $46.00 target price on shares of Healthways in a research note on Monday, September 25th. Finally, Chardan Capital began coverage on shares of Healthways in a research note on Tuesday, August 29th. They issued a “neutral” rating and a $40.00 target price for the company. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $43.14.

Shares of Healthways (NASDAQ:TVTY) traded up 0.183% on Tuesday, reaching $41.125. 343,954 shares of the company’s stock traded hands. Healthways has a 12-month low of $19.25 and a 12-month high of $43.00. The company has a market cap of $1.62 billion, a PE ratio of 18.525 and a beta of 0.38. The stock has a 50-day moving average price of $40.01 and a 200-day moving average price of $37.00.

In other Healthways news, insider Mary Flipse sold 7,808 shares of the firm’s stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $39.00, for a total transaction of $304,512.00. Following the completion of the transaction, the insider now directly owns 57,975 shares of the company’s stock, valued at approximately $2,261,025. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Glenn Hargreaves sold 7,137 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $40.00, for a total transaction of $285,480.00. Following the transaction, the insider now directly owns 52,180 shares of the company’s stock, valued at $2,087,200. The disclosure for this sale can be found here. Insiders have sold a total of 1,824,858 shares of company stock valued at $69,172,017 over the last three months. 8.42% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. purchased a new position in Healthways during the 1st quarter worth approximately $135,544,000. BlackRock Inc. purchased a new position in Healthways during the 1st quarter worth approximately $123,015,000. Dimensional Fund Advisors LP purchased a new position in Healthways during the 1st quarter worth approximately $70,660,000. Lord Abbett & CO. LLC raised its position in Healthways by 158.7% during the 2nd quarter. Lord Abbett & CO. LLC now owns 745,372 shares of the company’s stock worth $29,704,000 after buying an additional 457,285 shares during the last quarter. Finally, Geode Capital Management LLC purchased a new position in Healthways during the 1st quarter worth approximately $14,353,000.

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Healthways Company Profile

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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