Tivity Health Inc (TVTY) Receives Average Recommendation of “Buy” from Analysts
Shares of Tivity Health Inc (NASDAQ:TVTY) have been given an average rating of “Buy” by the ten ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $46.25.
Several equities analysts have recently issued reports on the company. Chardan Capital reiterated a “neutral” rating and issued a $44.00 price objective (up previously from $40.00) on shares of Tivity Health in a research note on Friday, October 27th. Zacks Investment Research lowered Tivity Health from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Barrington Research reaffirmed an “outperform” rating and set a $40.00 price target (down previously from $46.00) on shares of Tivity Health in a research report on Tuesday, November 7th. SunTrust Banks reaffirmed a “buy” rating and set a $46.00 price target on shares of Tivity Health in a research report on Thursday, October 12th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $45.00 target price on shares of Tivity Health in a report on Monday, November 6th.
Shares of Tivity Health (TVTY) traded up $0.15 on Thursday, hitting $35.70. The company’s stock had a trading volume of 464,800 shares, compared to its average volume of 499,658. Tivity Health has a twelve month low of $20.60 and a twelve month high of $48.50. The firm has a market cap of $1,408.38, a P/E ratio of 21.68, a PEG ratio of 2.01 and a beta of 0.18. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.02.
In other Tivity Health news, CAO Glenn Hargreaves sold 5,805 shares of the business’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $45.15, for a total transaction of $262,095.75. Following the sale, the chief accounting officer now directly owns 44,448 shares in the company, valued at $2,006,827.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Mary Flipse sold 5,000 shares of the business’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $48.11, for a total value of $240,550.00. Following the sale, the insider now owns 45,167 shares in the company, valued at $2,172,984.37. The disclosure for this sale can be found here. Insiders have sold 890,837 shares of company stock worth $32,405,634 in the last ninety days. 8.42% of the stock is currently owned by corporate insiders.
Several large investors have recently modified their holdings of TVTY. Teachers Advisors LLC purchased a new stake in shares of Tivity Health in the first quarter valued at $2,946,000. California Public Employees Retirement System acquired a new position in Tivity Health in the first quarter valued at $247,000. Morgan Stanley acquired a new position in Tivity Health in the first quarter valued at $3,773,000. Schwab Charles Investment Management Inc. acquired a new position in Tivity Health in the first quarter valued at $4,172,000. Finally, Bank of America Corp DE acquired a new position in Tivity Health in the first quarter valued at $2,318,000.
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About Tivity Health
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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