SunTrust Banks, Inc. reiterated their hold rating on shares of Almost Family Inc (NASDAQ:AFAM) in a report published on Friday morning. They currently have a $58.00 target price on the stock. SunTrust Banks also issued estimates for Almost Family’s Q4 2017 earnings at $0.56 EPS and FY2017 earnings at $2.09 EPS.
A number of other research firms also recently commented on AFAM. BidaskClub downgraded Almost Family from a buy rating to a hold rating in a research report on Monday, July 24th. J P Morgan Chase & Co boosted their target price on Almost Family to $59.00 and gave the stock a neutral rating in a research report on Wednesday. Zacks Investment Research downgraded Almost Family from a hold rating to a sell rating in a research report on Wednesday. ValuEngine upgraded Almost Family from a hold rating to a buy rating in a research report on Thursday. Finally, Jefferies Group LLC reiterated a buy rating and set a $58.00 target price on shares of Almost Family in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Almost Family currently has a consensus rating of Hold and a consensus target price of $58.33.
Almost Family (NASDAQ:AFAM) traded down $1.55 during trading on Friday, hitting $51.25. The company had a trading volume of 104,800 shares, compared to its average volume of 136,733. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.40 and a current ratio of 2.40. Almost Family has a 12-month low of $39.34 and a 12-month high of $62.95. The stock has a market capitalization of $737.35, a P/E ratio of 24.79, a PEG ratio of 2.59 and a beta of 0.40.
Almost Family (NASDAQ:AFAM) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.43 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.01. Almost Family had a return on equity of 6.12% and a net margin of 2.02%. The firm had revenue of $194.30 million for the quarter, compared to the consensus estimate of $199.93 million. During the same period in the previous year, the business earned $0.66 earnings per share. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. research analysts expect that Almost Family will post 2.08 EPS for the current fiscal year.
In related news, SVP John Shermyen sold 2,000 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of $52.00, for a total value of $104,000.00. Following the completion of the transaction, the senior vice president now directly owns 79,864 shares in the company, valued at $4,152,928. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 13.10% of the company’s stock.
A number of large investors have recently made changes to their positions in AFAM. Chartwell Investment Partners LLC increased its stake in Almost Family by 1,151.8% during the third quarter. Chartwell Investment Partners LLC now owns 271,001 shares of the company’s stock worth $14,552,000 after acquiring an additional 249,352 shares during the last quarter. Vanguard Group Inc. increased its stake in Almost Family by 33.0% during the first quarter. Vanguard Group Inc. now owns 637,314 shares of the company’s stock worth $30,973,000 after acquiring an additional 157,955 shares during the last quarter. Summit Creek Advisors LLC purchased a new stake in shares of Almost Family in the third quarter worth about $7,810,000. Capital Research Global Investors boosted its position in shares of Almost Family by 46.0% in the second quarter. Capital Research Global Investors now owns 457,000 shares of the company’s stock worth $28,174,000 after buying an additional 144,000 shares during the period. Finally, Russell Investments Group Ltd. boosted its position in shares of Almost Family by 437.0% in the third quarter. Russell Investments Group Ltd. now owns 126,742 shares of the company’s stock worth $6,806,000 after buying an additional 103,141 shares during the period. Institutional investors own 86.83% of the company’s stock.
About Almost Family
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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