Jefferies Maintains Healthways to Hold with Price Target $26.00

Brokerage firm Jefferies Maintains its rating on Healthways(NASDAQ:HWAY). In a research note issued to the investors, the brokerage major Raises the price-target to $26.00 per share. The shares have been rated Hold. The rating by Jefferies was issued on Aug 18, 2016.

In a different note, On Aug 12, 2016, Oppenheimer said it Downgrades its rating on Healthways. The shares have been rated ‘Perform’ by the firm. On Aug 10, 2016, UBS said it Maintains its rating on Healthways. In the research note, the firm Raises the price-target to $13.00 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 4, 2016, Jefferies said it Maintains its rating on Healthways. In the research note, the firm Raises the price-target to $13.00 per share. The shares have been rated ‘Hold’ by the firm.

Healthways (HWAY) made into the market gainers list on Mondays trading session with the shares advancing 2.84% or 0.71 points. Due to strong positive momentum, the stock ended at $25.7, which is also near the day’s high of $25.85. The stock began the session at $24.78 and the volume stood at 7,96,651 shares. The 52-week high of the shares is $26 and the 52 week low is $9.18. The company has a current market capitalization of $944 M and it has 3,67,38,870 shares in outstanding.

Healthways(HWAY) last announced its earnings results on Aug 9, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $125.00M. Analysts had an estimated revenue of $186.88M. Earnings per share were $0.54. Analysts had estimated an EPS of $0.01.

Several Insider Transactions has been reported to the SEC. On Nov 4, 2015, Mary Jane England (director) purchased 4,401 shares at $11.38 per share price.Also, On Nov 4, 2015, Robert J Jr Greczyn (director) purchased 11,000 shares at $11.39 per share price.On Nov 4, 2015, Lee Shapiro (director) purchased 4,359 shares at $11.42 per share price, according to the Form-4 filing with the securities and exchange commission.

Healthways Inc. (Healthways) provides total population health management solutions designed to help people improve well-being thereby improving health and productivity and reducing health-related costs. The Company’s well-being improvement programs provide personalized solutions for any individual irrespective of the health status age or paying sponsor. Its population health platform using analytics and predictive models enables to stratify the population develop individualized well-being improvement plans and deliver action-based solutions to improve individual and organizational performance. Through this data-driven process the Company identifies the needs of each individual in a population and determines the right level of support. The Company’s services are delivered using venue-based face-to-face interactions; print; phone; mobile and remote devices; online including social networks and any combination of these methods to motivate and sustain healthy behaviors.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *