Tivity Health Inc (TVTY) Receives Average Rating of “Buy” from Analysts

Tivity Health Inc (NASDAQ:TVTY) has received a consensus rating of “Buy” from the nine brokerages that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $47.83.

Several research analysts have issued reports on the stock. BidaskClub upgraded shares of Tivity Health from a “hold” rating to a “buy” rating in a report on Friday, October 19th. Zacks Investment Research cut shares of Tivity Health from a “hold” rating to a “sell” rating in a report on Thursday, October 18th. Finally, SunTrust Banks reiterated a “buy” rating and set a $46.00 target price on shares of Tivity Health in a report on Friday, August 3rd.

Shares of NASDAQ TVTY traded down $0.22 during mid-day trading on Friday, reaching $32.87. The company had a trading volume of 357,383 shares, compared to its average volume of 373,436. The stock has a market cap of $1.32 billion, a PE ratio of 19.57, a PEG ratio of 1.39 and a beta of 0.59. Tivity Health has a 52 week low of $29.95 and a 52 week high of $48.50.



Tivity Health (NASDAQ:TVTY) last posted its quarterly earnings results on Thursday, August 2nd. The company reported $0.53 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.53. The firm had revenue of $151.90 million for the quarter, compared to analysts’ expectations of $152.98 million. Tivity Health had a net margin of 13.79% and a return on equity of 28.38%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 earnings per share. Research analysts forecast that Tivity Health will post 2.15 earnings per share for the current year.

Institutional investors have recently modified their holdings of the business. NEXT Financial Group Inc bought a new position in Tivity Health during the 3rd quarter worth about $104,000. Itau Unibanco Holding S.A. purchased a new stake in shares of Tivity Health during the second quarter valued at about $141,000. ClariVest Asset Management LLC lifted its position in shares of Tivity Health by 47.8% during the second quarter. ClariVest Asset Management LLC now owns 5,879 shares of the company’s stock valued at $207,000 after buying an additional 1,902 shares during the last quarter. Amalgamated Bank purchased a new stake in shares of Tivity Health during the first quarter valued at about $209,000. Finally, Xact Kapitalforvaltning AB purchased a new stake in shares of Tivity Health during the first quarter valued at about $227,000.

Tivity Health Company Profile

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 group retiree plans; 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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