Jefferies Group Equities Analysts Raise Earnings Estimates for Envision Healthcare Co. (EVHC)

Envision Healthcare Co. (NYSE:EVHC) – Jefferies Group increased their Q1 2018 earnings per share (EPS) estimates for shares of Envision Healthcare in a report issued on Wednesday. Jefferies Group analyst B. Tanquilut now expects that the company will post earnings of $0.62 per share for the quarter, up from their previous estimate of $0.59. Jefferies Group has a “Buy” rating and a $46.00 price target on the stock. Jefferies Group also issued estimates for Envision Healthcare’s Q2 2018 earnings at $0.75 EPS, Q3 2018 earnings at $0.86 EPS, Q4 2018 earnings at $0.96 EPS, FY2018 earnings at $3.19 EPS and FY2019 earnings at $3.70 EPS.

EVHC has been the subject of a number of other research reports. ValuEngine cut Envision Healthcare from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Citigroup cut Envision Healthcare from a “buy” rating to a “neutral” rating and set a $31.00 price objective for the company. in a research note on Thursday, November 2nd. Mizuho set a $57.00 price objective on Envision Healthcare and gave the company a “hold” rating in a research note on Tuesday, October 31st. Cantor Fitzgerald reiterated a “hold” rating and set a $30.00 price objective on shares of Envision Healthcare in a research note on Tuesday, November 14th. Finally, SunTrust Banks set a $55.00 price objective on Envision Healthcare and gave the company a “buy” rating in a research note on Sunday, October 15th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. Envision Healthcare has an average rating of “Hold” and an average price target of $41.83.

Envision Healthcare (EVHC) opened at $35.34 on Friday. The stock has a market capitalization of $4,210.00, a price-to-earnings ratio of -23.72, a price-to-earnings-growth ratio of 0.90 and a beta of 0.57. Envision Healthcare has a one year low of $23.77 and a one year high of $73.00. The company has a debt-to-equity ratio of 0.89, a quick ratio of 3.00 and a current ratio of 3.01.

Several hedge funds have recently bought and sold shares of EVHC. PNC Financial Services Group Inc. raised its stake in shares of Envision Healthcare by 1.5% in the second quarter. PNC Financial Services Group Inc. now owns 4,848 shares of the company’s stock worth $304,000 after purchasing an additional 70 shares during the last quarter. Stifel Financial Corp raised its stake in shares of Envision Healthcare by 28.6% in the second quarter. Stifel Financial Corp now owns 9,060 shares of the company’s stock worth $571,000 after purchasing an additional 2,016 shares during the last quarter. HighTower Advisors LLC raised its stake in shares of Envision Healthcare by 30.7% in the second quarter. HighTower Advisors LLC now owns 5,936 shares of the company’s stock worth $371,000 after purchasing an additional 1,395 shares during the last quarter. Flinton Capital Management LLC raised its stake in shares of Envision Healthcare by 18.7% in the second quarter. Flinton Capital Management LLC now owns 4,464 shares of the company’s stock worth $280,000 after purchasing an additional 704 shares during the last quarter. Finally, Bank of Nova Scotia raised its stake in shares of Envision Healthcare by 8.8% in the second quarter. Bank of Nova Scotia now owns 55,283 shares of the company’s stock worth $3,465,000 after purchasing an additional 4,487 shares during the last quarter.

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About Envision Healthcare

Envision Healthcare Holdings, Inc, formerly CDRT Holding Corporation, is a holding company. The Company, through its subsidiary, provides physician-led medical services in the United States. It operates in two segments: EmCare Holdings, Inc (EmCare) and American Medical Response, Inc (AMR). Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

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