Positive Media Coverage Somewhat Unlikely to Affect LifePoint Health (LPNT) Share Price

Press coverage about LifePoint Health (NASDAQ:LPNT) has trended positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LifePoint Health earned a coverage optimism score of 0.39 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8926325734299 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several research analysts have recently commented on the company. Mizuho set a $65.00 price objective on LifePoint Health and gave the stock a “hold” rating in a report on Monday, July 23rd. BMO Capital Markets boosted their price objective on LifePoint Health from $62.00 to $65.00 and gave the stock a “market perform” rating in a report on Tuesday, July 24th. ValuEngine raised LifePoint Health from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Zacks Investment Research lowered LifePoint Health from a “buy” rating to a “hold” rating in a report on Monday, July 16th. Finally, BidaskClub raised LifePoint Health from a “buy” rating to a “strong-buy” rating in a report on Friday, May 4th. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $58.73.

NASDAQ:LPNT opened at $64.40 on Wednesday. The company has a market capitalization of $2.50 billion, a P/E ratio of 17.74, a PEG ratio of 1.34 and a beta of 0.71. LifePoint Health has a 1-year low of $41.45 and a 1-year high of $65.35. The company has a quick ratio of 1.63, a current ratio of 1.85 and a debt-to-equity ratio of 1.27.

LifePoint Health (NASDAQ:LPNT) last released its earnings results on Friday, July 27th. The company reported $1.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.19. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.58 billion. LifePoint Health had a return on equity of 7.04% and a net margin of 0.65%. LifePoint Health’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.96 EPS. equities analysts forecast that LifePoint Health will post 4.59 EPS for the current fiscal year.

About LifePoint Health

LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. Its hospitals provide a range of medical and surgical services, such as general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation, and pediatric, as well as specialized services, including open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery.

Recommended Story: Diversification For Individual Investors

Insider Buying and Selling by Quarter for LifePoint Health (NASDAQ:LPNT)

Receive News & Ratings for LifePoint Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LifePoint Health and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply