HMS Holdings Corp (HMSY) : 5 Wall Street analysts covering HMS Holdings Corp (HMSY) believe that the average level the stock could reach for the short term is $22.6. The maximum price target given is $25 and the minimum target for short term is around $18, hence the standard deviation is calculated at $2.7.
HMS Holdings Corp (HMSY) : The consensus on HMS Holdings Corp (HMSY) based on 8 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Jefferies downgrades its view on HMS Holdings Corp (NASDAQ:HMSY) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. Jefferies raises the price target from $19 per share to $23 per share on HMS Holdings Corp. The rating by the firm was issued on August 18, 2016.
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 $21.86 and $21.72 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $22.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $21.93, notching a gain of 0.55% for the day. The total traded volume was 425,648 . The stock had closed at $21.81 on the previous day.
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.