Tivity Health Inc (NASDAQ:TVTY) Given Average Recommendation of “Buy” by Brokerages

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Shares of Tivity Health Inc (NASDAQ:TVTY) have been given an average recommendation of “Buy” by the twelve brokerages that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $31.00.

Several brokerages have issued reports on TVTY. ValuEngine raised shares of Tivity Health from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Piper Jaffray Companies lowered their price objective on shares of Tivity Health from $33.00 to $25.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Chardan Capital lowered their price objective on shares of Tivity Health from $33.00 to $24.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. BidaskClub raised shares of Tivity Health from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th. Finally, Cantor Fitzgerald set a $45.00 price objective on shares of Tivity Health and gave the stock a “buy” rating in a research report on Monday, August 26th.

Hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio lifted its stake in shares of Tivity Health by 47.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,409 shares of the company’s stock worth $40,000 after acquiring an additional 775 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Tivity Health by 349.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,788 shares of the company’s stock worth $46,000 after acquiring an additional 2,168 shares during the period. Resources Investment Advisors LLC. acquired a new stake in shares of Tivity Health in the 2nd quarter worth $61,000. Meadow Creek Investment Management LLC lifted its stake in shares of Tivity Health by 22.8% in the 2nd quarter. Meadow Creek Investment Management LLC now owns 4,912 shares of the company’s stock worth $81,000 after acquiring an additional 912 shares during the period. Finally, Delta Asset Management LLC TN lifted its stake in shares of Tivity Health by 1,851.9% in the 2nd quarter. Delta Asset Management LLC TN now owns 5,270 shares of the company’s stock worth $87,000 after acquiring an additional 5,000 shares during the period.

Shares of NASDAQ TVTY traded down $0.42 during mid-day trading on Monday, reaching $22.23. The company had a trading volume of 2,294 shares, compared to its average volume of 1,025,998. The company has a current ratio of 0.94, a quick ratio of 0.78 and a debt-to-equity ratio of 1.96. The firm has a 50 day simple moving average of $18.26 and a two-hundred day simple moving average of $17.65. The stock has a market cap of $1.09 billion, a P/E ratio of 9.49, a PEG ratio of 0.99 and a beta of 1.15. Tivity Health has a 52-week low of $14.84 and a 52-week high of $41.46.

Tivity Health (NASDAQ:TVTY) last posted its earnings results on Tuesday, November 12th. The company reported $0.46 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.10). The company had revenue of $303.90 million during the quarter, compared to analysts’ expectations of $301.52 million. Tivity Health had a net margin of 6.41% and a return on equity of 21.67%. The company’s quarterly revenue was up 100.6% on a year-over-year basis. During the same period last year, the business earned $0.59 earnings per share. On average, equities analysts expect that Tivity Health will post 2.17 EPS for the current year.

About Tivity Health

Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement; and Prime fitness, a fitness facility access program through commercial health plans and employers.

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Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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