Team Health Holdings (NYSE:TMH): The mean short term price target for Team Health Holdings (NYSE:TMH) has been established at $54.58 per share. The higher price target estimate is at $75 and the lower price target estimate is expected at $40 according to 12 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $9.73
Many analysts have stated their opinion on the company shares. Stifel Nicolaus maintains its rating on Team Health Holdings (NYSE:TMH). The global brokerage major raises the current price target from $38 per share to $48 per share. Analysts at the Stifel Nicolaus have a current rating of Buy on the shares. The rating by the firm was issued on March 16, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Executive VP and CFO) of Team Health Holdings Inc., Jones David P. had sold 42,000 shares worth of $2,651,880 in a transaction dated August 12, 2015. In this transaction, 42,000 shares were sold at $63.14 per share.
Team Health Holdings (NYSE:TMH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.73 points or 3.95% at $42.1 with 1,028,575 shares getting traded. Post opening the session at $43.72, the shares hit an intraday low of $41.91 and an intraday high of $43.99 and the price was in this range throughout the day. The company has a market cap of $3,113 million and the number of outstanding shares have been calculated to be 73,950,080 shares. The 52-week high of Team Health Holdings (NYSE:TMH) is $70.21 and the 52-week low is $33.15.
Team Health Holdings, Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine, anesthesia, specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine, military and Government healthcare staffing, scribes, clinical services, nurse call center operations. The Companys Other Services segment also offers billing, collection and consulting services, which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).