Nutex Health (NASDAQ:NUTX) Stock Rating Upgraded by Wall Street Zen

Nutex Health (NASDAQ:NUTX) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Separately, Weiss Ratings upgraded shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $252.50.

Nutex Health Stock Performance

Shares of NUTX stock opened at $136.66 on Friday. The company has a current ratio of 3.14, a quick ratio of 3.12 and a debt-to-equity ratio of 0.66. The firm has a fifty day moving average price of $103.89 and a 200 day moving average price of $127.27. The company has a market cap of $940.22 million, a P/E ratio of 10.56 and a beta of 0.25. Nutex Health has a 12 month low of $77.21 and a 12 month high of $193.07.

Nutex Health (NASDAQ:NUTX) last issued its earnings results on Thursday, April 30th. The company reported $6.52 EPS for the quarter, topping analysts’ consensus estimates of $3.99 by $2.53. The firm had revenue of $216.49 million during the quarter, compared to the consensus estimate of $227.80 million. Nutex Health had a net margin of 10.95% and a return on equity of 23.50%.

Institutional Investors Weigh In On Nutex Health

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Deutsche Bank AG raised its holdings in shares of Nutex Health by 3.9% in the fourth quarter. Deutsche Bank AG now owns 2,633 shares of the company’s stock valued at $433,000 after buying an additional 98 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Nutex Health by 1.4% in the fourth quarter. Russell Investments Group Ltd. now owns 8,706 shares of the company’s stock valued at $1,433,000 after buying an additional 116 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in shares of Nutex Health by 3.7% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,600 shares of the company’s stock valued at $922,000 after buying an additional 200 shares during the last quarter. Islay Capital Management LLC purchased a new stake in shares of Nutex Health in the fourth quarter valued at about $34,000. Finally, First Trust Advisors LP raised its holdings in Nutex Health by 2.4% during the fourth quarter. First Trust Advisors LP now owns 11,461 shares of the company’s stock worth $1,887,000 after purchasing an additional 272 shares in the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Nutex Health Company Profile

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight?loss services and behavioral health support. By combining in?person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost?effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail?anchored centers, offering treatment for non?life?threatening injuries and illnesses, preventive screenings and basic primary care.