Ardent Health Partners (ARDT) to Release Quarterly Earnings on Wednesday

Ardent Health Partners (NYSE:ARDT) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $1.48 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Ardent Health Partners Stock Performance

Shares of Ardent Health Partners stock opened at $13.86 on Monday. The company’s fifty day simple moving average is $15.39 and its 200-day simple moving average is $16.89. Ardent Health Partners has a 1-year low of $13.63 and a 1-year high of $20.72. The company has a current ratio of 1.91, a quick ratio of 1.78 and a debt-to-equity ratio of 0.78.

Analysts Set New Price Targets

ARDT has been the topic of several analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $23.00 price target on shares of Ardent Health Partners in a research note on Thursday, November 14th. Bank of America cut shares of Ardent Health Partners from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $22.00 to $19.00 in a research note on Wednesday, November 6th. Truist Financial lowered their target price on shares of Ardent Health Partners from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. restated a “neutral” rating and set a $20.00 target price on shares of Ardent Health Partners in a research note on Tuesday, December 17th. Finally, Morgan Stanley lowered their target price on shares of Ardent Health Partners from $23.50 to $22.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $21.55.

About Ardent Health Partners

Ardent Health Partners, Inc owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States. It operates acute care hospitals, including rehabilitation hospitals and surgical hospitals. The company was founded in 2001 and is based in Brentwood, Tennessee.