Tivity Health Inc (NASDAQ:TVTY) was the recipient of unusually large options trading on Tuesday. Stock traders acquired 848 put options on the company. This is an increase of approximately 1,337% compared to the typical volume of 59 put options.
Several equities research analysts have recently weighed in on the company. BidaskClub downgraded Tivity Health from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 15th. Zacks Investment Research downgraded Tivity Health from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 14th. Barrington Research set a $40.00 target price on Tivity Health and gave the company a “buy” rating in a research report on Friday, May 10th. Oppenheimer increased their target price on Tivity Health from $31.00 to $36.00 in a research report on Thursday, May 9th. Finally, Cantor Fitzgerald raised their price objective on Tivity Health from $40.00 to $45.00 and gave the stock an “overweight” rating in a research report on Thursday, May 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $33.00.
In related news, Director Bradley S. Karro acquired 2,900 shares of the firm’s stock in a transaction on Friday, March 22nd. The shares were acquired at an average cost of $16.54 per share, for a total transaction of $47,966.00. Following the completion of the transaction, the director now directly owns 24,696 shares in the company, valued at approximately $408,471.84. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Sara Finley acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, March 20th. The shares were bought at an average price of $17.25 per share, for a total transaction of $34,500.00. The disclosure for this purchase can be found here. Corporate insiders own 1.64% of the company’s stock.
Shares of NASDAQ TVTY remained flat at $$18.26 during trading on Thursday. The company’s stock had a trading volume of 668,088 shares, compared to its average volume of 1,256,300. The stock has a market cap of $894.42 million, a price-to-earnings ratio of 7.80, a P/E/G ratio of 0.77 and a beta of 1.10. Tivity Health has a twelve month low of $16.25 and a twelve month high of $41.46. The company has a debt-to-equity ratio of 2.13, a current ratio of 0.86 and a quick ratio of 0.71.
Tivity Health (NASDAQ:TVTY) last released its quarterly earnings data on Wednesday, May 8th. The company reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.01. Tivity Health had a return on equity of 26.02% and a net margin of 12.18%. The business had revenue of $214.10 million during the quarter, compared to analyst estimates of $200.39 million. During the same quarter last year, the business posted $0.49 EPS. The company’s revenue was up 42.8% on a year-over-year basis. Sell-side analysts expect that Tivity Health will post 2.35 earnings per share for the current year.
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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 Prime fitness, a fitness facility access program through commercial health plans and employers.
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