Quorum Health (QHC) Earning Favorable Media Coverage, Study Shows

Headlines about Quorum Health (NYSE:QHC) have trended positive recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quorum Health earned a news sentiment score of 0.38 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.5805648812131 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have effected Accern’s scoring:

A number of research firms have recently commented on QHC. ValuEngine upgraded Quorum Health from a “hold” rating to a “buy” rating in a research report on Thursday, June 21st. Zacks Investment Research downgraded Quorum Health from a “hold” rating to a “sell” rating in a research report on Wednesday, April 18th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $4.05.

QHC traded down $0.14 during trading on Friday, reaching $4.28. The company had a trading volume of 598,900 shares, compared to its average volume of 255,848. The company has a market cap of $132.86 million, a PE ratio of -3.29 and a beta of 0.96. Quorum Health has a 52 week low of $3.47 and a 52 week high of $10.00. The company has a quick ratio of 1.51, a current ratio of 1.54 and a debt-to-equity ratio of -139.43.

Quorum Health (NYSE:QHC) last issued its quarterly earnings results on Wednesday, August 8th. The company reported ($0.35) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.57) by $0.22. The company had revenue of $472.63 million during the quarter. Quorum Health had a negative return on equity of 74.93% and a negative net margin of 9.20%. research analysts anticipate that Quorum Health will post -1.68 earnings per share for the current fiscal year.

About Quorum Health

Quorum Health Corporation provides hospital and outpatient healthcare services in the United States. Its hospital and outpatient healthcare services include general and acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetric, diagnostic, psychiatric, and rehabilitation services.

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