Brokerage Firm Rating on HMS Holdings Corp (HMSY)

HMS Holdings Corp (HMSY) : 7 brokerage houses believe that HMS Holdings Corp (HMSY) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on HMS Holdings Corp (HMSY). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 8 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.25.

HMS Holdings Corp (HMSY) : The most positive equity analysts on HMS Holdings Corp (HMSY) expects the shares to touch $25, whereas, the least positive believes that the stock will trade at $18 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $21 with an expected fluctuation of $2.92 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. HMS Holdings Corp (NASDAQ:HMSY): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $23.20 and $23.08 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.41. The buying momentum continued till the end and the stock did not give up its gains. It closed at $23.34, notching a gain of 1.48% for the day. The total traded volume was 746,256 . The stock had closed at $23.00 on the previous day.

In a related news, Lucia William C, director officer (Chairman, President and CEO) of Hms Holdings Corp, unloaded 152,025 shares at an average price of $17.79 on June 20, 2016. The total amount of the transaction was worth $2,704,525, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. The Company provides coordination of benefits services to government, and private healthcare payers and sponsors. The Companys customers are government health agencies, including Centers for Medicare & Medicaid Services (CMS), the Veterans Health Administration (VHA) and state Medicaid agencies; commercial health plans, including Medicaid managed care, Medicare Advantage and group and individual health lines of business; government and private employers; child support agencies, and other healthcare payers and sponsors. As of December 31, 2014, the Company also provided services to approximately 220 commercial customers and supported their multiple lines of business, including Medicaid managed care, Medicare Advantage and group and individual health.

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