Tivity Health Inc (NASDAQ:TVTY) – Research analysts at SunTrust Banks reduced their Q4 2020 earnings per share estimates for Tivity Health in a report released on Thursday, February 20th. SunTrust Banks analyst D. Macdonald now anticipates that the company will post earnings of $0.41 per share for the quarter, down from their prior forecast of $0.54. SunTrust Banks has a “Hold” rating and a $15.00 price objective on the stock.
A number of other research analysts also recently commented on the stock. Credit Suisse Group assumed coverage on shares of Tivity Health in a research report on Friday, January 3rd. They issued a “neutral” rating and a $22.00 price objective for the company. Piper Sandler decreased their price objective on shares of Tivity Health from to in a research report on Thursday. Oppenheimer assumed coverage on shares of Tivity Health in a research report on Friday, February 14th. They issued a “buy” rating and a $32.00 price objective for the company. Cantor Fitzgerald downgraded shares of Tivity Health from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $40.00 to $17.00 in a research report on Thursday. Finally, Barrington Research reissued a “buy” rating and issued a $24.00 price objective on shares of Tivity Health in a research report on Thursday. Ten equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $21.18.
Shares of TVTY opened at $12.00 on Friday. The firm has a 50-day moving average of $22.58 and a 200-day moving average of $19.46. Tivity Health has a one year low of $11.68 and a one year high of $26.07. The company has a market cap of $1.10 billion, a PE ratio of -2.02, a price-to-earnings-growth ratio of 1.04 and a beta of 1.19. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.94 and a quick ratio of 0.78.
Tivity Health (NASDAQ:TVTY) last released its earnings results on Wednesday, February 19th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.15). The business had revenue of $272.80 million during the quarter, compared to the consensus estimate of $275.15 million. Tivity Health had a negative net margin of 25.36% and a positive return on equity of 17.84%. The firm’s revenue for the quarter was up 78.3% on a year-over-year basis. During the same period last year, the business posted $0.73 EPS.
Several hedge funds have recently made changes to their positions in TVTY. Parametric Portfolio Associates LLC boosted its holdings in shares of Tivity Health by 91.2% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 783,794 shares of the company’s stock worth $13,035,000 after buying an additional 373,782 shares during the period. Phocas Financial Corp. bought a new stake in shares of Tivity Health during the 3rd quarter worth about $3,703,000. Alliancebernstein L.P. boosted its holdings in shares of Tivity Health by 196.6% during the 4th quarter. Alliancebernstein L.P. now owns 222,725 shares of the company’s stock worth $4,531,000 after buying an additional 147,630 shares during the period. State of New Jersey Common Pension Fund D bought a new stake in shares of Tivity Health during the 4th quarter worth about $2,277,000. Finally, Russell Investments Group Ltd. boosted its holdings in shares of Tivity Health by 67.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 273,000 shares of the company’s stock worth $4,540,000 after buying an additional 110,259 shares during the period.
Tivity Health Company Profile
Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement; and Prime fitness, a fitness facility access program through commercial health plans and employers.