Nutex Health (NASDAQ:NUTX) Shares Gap Down After Earnings Miss

Nutex Health Inc. (NASDAQ:NUTX) shares gapped down prior to trading on Friday following a weaker than expected earnings announcement. The stock had previously closed at $105.34, but opened at $89.05. Nutex Health shares last traded at $87.46, with a volume of 229,541 shares changing hands.

The company reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $5.56 by ($3.95). Nutex Health had a net margin of 11.62% and a return on equity of 37.44%. The company had revenue of $151.68 million for the quarter, compared to the consensus estimate of $258.82 million.

Analyst Ratings Changes

A number of brokerages have recently commented on NUTX. Wall Street Zen raised Nutex Health from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 28th. Weiss Ratings restated a “hold (c)” rating on shares of Nutex Health in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $252.50.

Institutional Trading of Nutex Health

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new position in Nutex Health in the 3rd quarter worth about $30,000. Islay Capital Management LLC bought a new position in shares of Nutex Health in the fourth quarter valued at approximately $34,000. BNP Paribas Financial Markets grew its stake in Nutex Health by 966.7% during the second quarter. BNP Paribas Financial Markets now owns 320 shares of the company’s stock valued at $40,000 after acquiring an additional 290 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in Nutex Health during the second quarter valued at approximately $44,000. Finally, Royal Bank of Canada increased its holdings in Nutex Health by 752.4% during the 4th quarter. Royal Bank of Canada now owns 358 shares of the company’s stock worth $59,000 after acquiring an additional 316 shares during the period. 5.32% of the stock is currently owned by institutional investors.

Nutex Health Stock Down 17.5%

The company’s 50 day simple moving average is $138.40 and its 200-day simple moving average is $124.53. The company has a debt-to-equity ratio of 0.67, a quick ratio of 3.18 and a current ratio of 3.20. The firm has a market capitalization of $614.45 million, a PE ratio of 4.70 and a beta of 0.03.

About Nutex Health

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.