Analyst Rating Update on HMS Holdings Corp (HMSY)

HMS Holdings Corp (HMSY) : The consensus on HMS Holdings Corp (HMSY) based on 8 analyst recommendation on the company stock is 1.25, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

HMS Holdings Corp (HMSY) : The highest level HMS Holdings Corp (HMSY) is projected to reach is $21 for the short term and the lowest estimate is at $18. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $19.1 and the possibility the share price can swing is $1.43.

For the current week, the company shares have a recommendation consensus of Buy.


HMS Holdings Corp (NASDAQ:HMSY): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $19.55 and $19.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $19.94, notching a gain of 1.79% for the day. The total traded volume was 891,166 . The stock had closed at $19.59 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.

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