LHC Group, Inc. (NASDAQ:LHCG) – Research analysts at Jefferies Group issued their Q1 2018 earnings estimates for shares of LHC Group in a research report issued on Wednesday, April 4th. Jefferies Group analyst B. Tanquilut anticipates that the health services provider will earn $0.59 per share for the quarter. Jefferies Group has a “Buy” rating and a $84.00 price objective on the stock. Jefferies Group also issued estimates for LHC Group’s Q2 2018 earnings at $0.77 EPS, Q3 2018 earnings at $0.97 EPS, Q4 2018 earnings at $1.17 EPS and FY2018 earnings at $3.50 EPS.
LHC Group (NASDAQ:LHCG) last issued its earnings results on Wednesday, February 28th. The health services provider reported $0.62 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.62. The company had revenue of $292.40 million for the quarter, compared to analysts’ expectations of $280.82 million. LHC Group had a net margin of 4.67% and a return on equity of 9.18%. LHC Group’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.58 EPS.
Shares of LHCG stock opened at $70.66 on Friday. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $1,271.00, a PE ratio of 29.20, a PEG ratio of 1.12 and a beta of 0.70. LHC Group has a 52-week low of $51.38 and a 52-week high of $76.14.
Institutional investors have recently added to or reduced their stakes in the business. LS Investment Advisors LLC raised its holdings in LHC Group by 249.5% in the 4th quarter. LS Investment Advisors LLC now owns 2,478 shares of the health services provider’s stock valued at $152,000 after acquiring an additional 1,769 shares during the period. SG Americas Securities LLC bought a new position in LHC Group in the 3rd quarter valued at about $163,000. Jefferies Group LLC bought a new position in LHC Group in the 4th quarter valued at about $200,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new position in LHC Group in the 4th quarter valued at about $251,000. Finally, Crossmark Global Holdings Inc. raised its holdings in LHC Group by 28.0% in the 4th quarter. Crossmark Global Holdings Inc. now owns 5,036 shares of the health services provider’s stock valued at $308,000 after acquiring an additional 1,103 shares during the period. 89.87% of the stock is currently owned by hedge funds and other institutional investors.
In other LHC Group news, COO Donald Dwayne Stelly sold 14,216 shares of the stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $64.00, for a total value of $909,824.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 14.80% of the stock is owned by corporate insiders.
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LHC Group Company Profile
LHC Group, Inc is a holding company. The Company provides post-acute healthcare services to patients through its home nursing agencies, hospice agencies, community-based services agencies and long-term acute care hospitals (LTACHs). The Company operates through four segments: home health services, hospice services, community-based services and facility-based services.
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