Shares of Almost Family Inc (NASDAQ:AFAM) have been given a consensus rating of “Hold” by the nine analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $61.71.
A number of analysts recently commented on AFAM shares. SunTrust Banks set a $73.00 target price on shares of Almost Family and gave the stock a “hold” rating in a research note on Friday, November 17th. Royal Bank of Canada cut shares of Almost Family from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $54.00 to $62.00 in a research note on Monday, November 20th. Robert W. Baird set a $65.00 target price on shares of Almost Family and gave the stock a “hold” rating in a research note on Tuesday, November 28th. ValuEngine cut shares of Almost Family from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, BidaskClub cut shares of Almost Family from a “sell” rating to a “strong sell” rating in a research note on Friday, December 29th.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Sei Investments Co. lifted its stake in Almost Family by 1,261.0% during the 3rd quarter. Sei Investments Co. now owns 1,361 shares of the company’s stock valued at $110,000 after acquiring an additional 1,261 shares during the period. SG Americas Securities LLC acquired a new stake in Almost Family during the 3rd quarter valued at approximately $148,000. Stone Ridge Asset Management LLC acquired a new stake in Almost Family during the 4th quarter valued at approximately $226,000. Teacher Retirement System of Texas acquired a new stake in Almost Family during the 4th quarter valued at approximately $230,000. Finally, Renaissance Technologies LLC acquired a new stake in Almost Family during the 4th quarter valued at approximately $244,000. Institutional investors and hedge funds own 84.64% of the company’s stock.
Almost Family (NASDAQ:AFAM) last released its quarterly earnings results on Monday, February 26th. The company reported $0.58 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.58. Almost Family had a net margin of 2.56% and a return on equity of 5.88%. The business had revenue of $200.62 million for the quarter, compared to analysts’ expectations of $203.44 million. During the same period last year, the business earned $0.59 EPS. The company’s revenue was up 30.8% compared to the same quarter last year. equities analysts expect that Almost Family will post 3.06 earnings per share for the current fiscal year.
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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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