LHC Group, Inc. (NASDAQ:LHCG – Get Score) – Truist Monetary diminished their Q2 2022 earnings per share estimates for shares of LHC Group in a observe issued to buyers on Thursday, February twenty fourth. Truist Monetary analyst D. Macdonald now anticipates that the well being companies supplier will earn $1.34 per share for the quarter, down from their prior estimate of $1.49. Truist Monetary additionally issued estimates for LHC Group’s Q3 2022 earnings at $1.57 EPS, This autumn 2022 earnings at $1.81 EPS, FY2022 earnings at $5.75 EPS and FY2023 earnings at $6.46 EPS.
Quite a few different brokerages have additionally commented on LHCG. Zacks Funding Analysis upgraded shares of LHC Group from a “robust promote” ranking to a “maintain” ranking and set a $136.00 worth goal for the corporate in a analysis observe on Monday, December twentieth. SVB Leerink upped their goal worth on shares of LHC Group from $149.00 to $151.00 and gave the inventory a “market carry out” ranking in a analysis observe on Wednesday, November tenth. Benchmark diminished their goal worth on shares of LHC Group from $190.00 to $170.00 and set a “purchase” ranking for the corporate in a analysis observe on Thursday, February twenty fourth. Royal Financial institution of Canada diminished their goal worth on shares of LHC Group from $192.00 to $180.00 and set an “outperform” ranking for the corporate in a analysis observe on Friday, November fifth. Lastly, Barclays diminished their goal worth on shares of LHC Group from $207.00 to $171.00 and set an “equal weight” ranking for the corporate in a analysis observe on Friday, November fifth. 5 equities analysis analysts have rated the inventory with a maintain ranking and 5 have given a purchase ranking to the inventory. Based on knowledge from MarketBeat, the corporate has a mean ranking of “Purchase” and a consensus worth goal of $168.40.
Shares of LHCG inventory opened at $139.78 on Monday. The corporate has a market cap of $4.43 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 1.61 and a beta of 0.42. The corporate’s fifty day easy transferring common is $127.96. The corporate has a fast ratio of 1.02, a present ratio of 1.06 and a debt-to-equity ratio of 0.40. LHC Group has a 12 month low of $108.42 and a 12 month excessive of $223.63.
LHC Group (NASDAQ:LHCG – Get Score) final introduced its quarterly earnings outcomes on Wednesday, February twenty third. The well being companies supplier reported $1.26 EPS for the quarter, lacking the Zacks’ consensus estimate of $1.32 by ($0.06). The enterprise had income of $583.40 million for the quarter, in comparison with the consensus estimate of $582.44 million. LHC Group had a internet margin of 5.21% and a return on fairness of 10.72%. The enterprise’s income for the quarter was up 9.6% in comparison with the identical quarter final 12 months. Throughout the identical quarter final 12 months, the agency posted $1.40 EPS.
Massive buyers have lately modified their holdings of the inventory. Quadrant Capital Group LLC lifted its holdings in LHC Group by 103.1% in the course of the fourth quarter. Quadrant Capital Group LLC now owns 199 shares of the well being companies supplier’s inventory valued at $27,000 after buying a further 101 shares over the past quarter. Eubel Brady & Suttman Asset Administration Inc. bought a brand new stake in LHC Group in the course of the second quarter valued at about $57,000. Signaturefd LLC lifted its holdings in LHC Group by 312.8% in the course of the fourth quarter. Signaturefd LLC now owns 322 shares of the well being companies supplier’s inventory valued at $44,000 after buying a further 244 shares over the past quarter. Parallel Advisors LLC lifted its holdings in LHC Group by 62.0% in the course of the fourth quarter. Parallel Advisors LLC now owns 345 shares of the well being companies supplier’s inventory valued at $47,000 after buying a further 132 shares over the past quarter. Lastly, UMB Financial institution N A MO bought a brand new stake in LHC Group in the course of the fourth quarter valued at about $50,000. 91.30% of the inventory is presently owned by institutional buyers.
In associated information, EVP Nicholas Gachassin III bought 800 shares of the enterprise’s inventory in a transaction dated Thursday, December sixteenth. The shares had been bought at a mean worth of $125.25, for a complete worth of $100,200.00. The sale was disclosed in a submitting with the SEC, which will be accessed by means of the SEC web site. 4.80% of the inventory is presently owned by insiders.
LHC Group Firm Profile (Get Score)
LHC Group, Inc supplies post-acute well being care companies to sufferers by means of its house nursing businesses, hospices and long-term acute care hospitals. The corporate operates by means of the next enterprise segments: House Well being Providers, Hospice Providers, House & Group-Primarily based Providers, Facility-Primarily based Providers and Healthcare Improvements.
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