Equities analysts predict that Almost Family Inc (NASDAQ:AFAM) will post $201.93 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Almost Family’s earnings. The lowest sales estimate is $199.05 million and the highest is $205.07 million. Almost Family reported sales of $153.43 million during the same quarter last year, which indicates a positive year-over-year growth rate of 31.6%. The business is scheduled to issue its next earnings results on Tuesday, March 6th.
On average, analysts expect that Almost Family will report full year sales of $201.93 million for the current financial year, with estimates ranging from $795.39 million to $801.41 million. For the next fiscal year, analysts anticipate that the firm will report sales of $831.45 million per share, with estimates ranging from $821.30 million to $856.00 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that cover Almost Family.
Almost Family (NASDAQ:AFAM) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.01. The firm had revenue of $194.30 million for the quarter, compared to the consensus estimate of $199.93 million. Almost Family had a return on equity of 6.12% and a net margin of 2.02%. The company’s quarterly revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.66 earnings per share.
In other Almost Family news, Director Jonathan Goldberg sold 10,000 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $60.08, for a total transaction of $600,800.00. Following the completion of the transaction, the director now owns 44,803 shares of the company’s stock, valued at approximately $2,691,764.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP John Shermyen sold 2,000 shares of the 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 approximately $4,152,928. The disclosure for this sale can be found here. 13.10% of the stock is currently owned by insiders.
Several institutional investors and hedge funds have recently added to or reduced their stakes in AFAM. PNC Financial Services Group Inc. lifted its holdings in shares of Almost Family by 0.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 11,795 shares of the company’s stock valued at $727,000 after acquiring an additional 70 shares during the last quarter. Texas Permanent School Fund lifted its holdings in shares of Almost Family by 0.8% in the 2nd quarter. Texas Permanent School Fund now owns 8,704 shares of the company’s stock valued at $537,000 after acquiring an additional 73 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its holdings in shares of Almost Family by 7.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,810 shares of the company’s stock valued at $173,000 after acquiring an additional 190 shares during the last quarter. Aperio Group LLC lifted its holdings in shares of Almost Family by 3.9% in the 2nd quarter. Aperio Group LLC now owns 5,447 shares of the company’s stock valued at $336,000 after acquiring an additional 204 shares during the last quarter. Finally, BRYN MAWR TRUST Co raised its position in Almost Family by 0.8% in the 2nd quarter. BRYN MAWR TRUST Co now owns 29,932 shares of the company’s stock worth $1,846,000 after purchasing an additional 236 shares during the period. 84.87% of the stock is owned by institutional investors and hedge funds.
Almost Family (NASDAQ AFAM) opened at $58.70 on Tuesday. Almost Family has a twelve month low of $39.34 and a twelve month high of $66.15. The company has a market capitalization of $827.60, a PE ratio of 27.82, a PEG ratio of 2.87 and a beta of 0.52. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.27.
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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