Team Health Holdings (TMH) : 13 analysts are covering Team Health Holdings (TMH) and their average rating on the stock is 1.69, which is read as a Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Team Health Holdings (TMH) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Team Health Holdings (TMH) : Average target price received by Team Health Holdings (TMH) is $54.58 with an expected standard deviation of $9.73. The most aggressive target on the stock is $75, whereas the most downbeat target is $40. 12 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy.
Team Health Holdings (NYSE:TMH): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.56 and $37.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $39.75. The buying momentum continued till the end and the stock did not give up its gains. It closed at $39.60, notching a gain of 2.70% for the day. The total traded volume was 1,262,303 . The stock had closed at $38.56 on the previous day.
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).