Quorum Health Corp (NYSE:QHC) has earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $4.00.
A number of research firms have recently commented on QHC. Zacks Investment Research upgraded Quorum Health from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a report on Wednesday, September 13th. Royal Bank of Canada restated a “hold” rating and set a $5.00 price objective on shares of Quorum Health in a report on Tuesday, October 3rd. Finally, Morgan Stanley upgraded Quorum Health from an “underweight” rating to an “equal weight” rating and set a $3.00 price objective for the company in a report on Wednesday, December 20th.
In other news, SVP Shaheed Koury acquired 10,000 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was acquired at an average cost of $4.69 per share, for a total transaction of $46,900.00. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.70% of the company’s stock.
Shares of Quorum Health (QHC) traded up $0.28 on Monday, reaching $6.46. The company’s stock had a trading volume of 192,200 shares, compared to its average volume of 207,657. The company has a debt-to-equity ratio of 9.39, a current ratio of 1.84 and a quick ratio of 1.68. The firm has a market cap of $197.84 and a P/E ratio of -1.03. Quorum Health has a 52 week low of $2.54 and a 52 week high of $9.46.
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Quorum Health Company Profile
Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC (QHR).
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