Analysts forecast that Almost Family Inc (NASDAQ:AFAM) will post earnings of $0.60 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Almost Family’s earnings, with estimates ranging from $0.51 to $0.67. Almost Family posted earnings per share of $0.59 during the same quarter last year, which would indicate a positive year over year growth rate of 1.7%. The business is scheduled to issue its next earnings report on Tuesday, March 6th.

According to Zacks, analysts expect that Almost Family will report full-year earnings of $2.11 per share for the current year, with EPS estimates ranging from $2.05 to $2.16. For the next fiscal year, analysts forecast that the firm will report earnings of $2.63 per share, with EPS estimates ranging from $2.39 to $3.02. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Almost Family.

Almost Family (NASDAQ:AFAM) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.01. Almost Family had a net margin of 2.02% and a return on equity of 6.12%. The firm had revenue of $194.30 million during the quarter, compared to analyst estimates of $199.93 million. During the same quarter in the prior year, the business posted $0.66 earnings per share. The company’s quarterly revenue was up 21.1% compared to the same quarter last year.

Several research firms recently issued reports on AFAM. Jefferies Group reissued a “buy” rating and issued a $58.00 price target on shares of Almost Family in a research report on Friday, November 3rd. Royal Bank Of Canada lowered shares of Almost Family from an “outperform” rating to a “sector perform” rating and increased their price target for the stock from $54.00 to $62.00 in a research report on Monday, November 20th. ValuEngine lowered shares of Almost Family from a “buy” rating to a “hold” rating in a research report on Friday. Robert W. Baird set a $55.00 price objective on shares of Almost Family and gave the stock a “hold” rating in a report on Saturday, October 21st. Finally, SunTrust Banks set a $73.00 price objective on shares of Almost Family and gave the stock a “hold” rating in a report on Friday, November 17th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $62.33.

In other news, SVP John Shermyen sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The shares were 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 owns 79,864 shares of the company’s stock, valued at $4,152,928. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jonathan Goldberg sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $60.08, for a total transaction of $600,800.00. Following the sale, the director now directly owns 44,803 shares of the company’s stock, valued at approximately $2,691,764.24. The disclosure for this sale can be found here. Company insiders own 13.10% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of AFAM. Capstone Asset Management Co. grew its stake in shares of Almost Family by 0.3% during the second quarter. Capstone Asset Management Co. now owns 6,663 shares of the company’s stock valued at $411,000 after purchasing an additional 20 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Almost Family by 0.6% during the second quarter. PNC Financial Services Group Inc. now owns 11,795 shares of the company’s stock valued at $727,000 after purchasing an additional 70 shares during the last quarter. Texas Permanent School Fund grew its stake in shares of Almost Family by 0.8% during the second quarter. Texas Permanent School Fund now owns 8,704 shares of the company’s stock valued at $537,000 after purchasing an additional 73 shares during the last quarter. Eagle Global Advisors LLC grew its stake in shares of Almost Family by 1.4% during the second quarter. Eagle Global Advisors LLC now owns 6,132 shares of the company’s stock valued at $378,000 after purchasing an additional 82 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan grew its stake in shares of Almost Family by 7.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 2,810 shares of the company’s stock valued at $173,000 after purchasing an additional 190 shares during the last quarter. 84.87% of the stock is owned by institutional investors.

Almost Family (NASDAQ AFAM) opened at $59.25 on Friday. Almost Family has a 52-week low of $39.34 and a 52-week high of $66.15. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.40 and a quick ratio of 2.40. The stock has a market cap of $827.60, a PE ratio of 27.82, a P/E/G ratio of 2.87 and a beta of 0.50.

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About Almost Family

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.

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

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