Tivity Health (NASDAQ:TVTY) Releases FY19 Earnings Guidance

Tivity Health (NASDAQ:TVTY) updated its FY19 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.24-2.52 for the period, compared to the Thomson Reuters consensus estimate of $2.37. The company issued revenue guidance of $1.146-1.177 million, compared to the consensus revenue estimate of $1.16 billion.Tivity Health also updated its FY 2019 guidance to $2.24-2.52 EPS.

TVTY stock traded down $0.11 on Friday, hitting $18.15. 53,453 shares of the company were exchanged, compared to its average volume of 1,384,298. 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 quick ratio of 0.71 and a current ratio of 0.86. The firm has a market capitalization of $871.04 million, a price-to-earnings ratio of 7.76, a price-to-earnings-growth ratio of 0.75 and a beta of 1.10.

Tivity Health (NASDAQ:TVTY) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.50 by $0.01. Tivity Health had a net margin of 12.18% and a return on equity of 26.02%. The firm had revenue of $214.10 million during the quarter, compared to analyst estimates of $200.39 million. During the same quarter in the prior year, the business posted $0.49 earnings per share. Tivity Health’s revenue for the quarter was up 42.8% compared to the same quarter last year. As a group, equities analysts forecast that Tivity Health will post 2.35 EPS for the current fiscal year.

TVTY has been the subject of several research reports. BidaskClub upgraded shares of Tivity Health from a buy rating to a strong-buy rating in a research note on Wednesday, May 8th. Cantor Fitzgerald reiterated an overweight rating and set a $40.00 price objective on shares of Tivity Health in a research note on Wednesday, February 20th. Zacks Investment Research downgraded shares of Tivity Health from a strong-buy rating to a hold rating in a research note on Tuesday, April 30th. Finally, Barrington Research set a $40.00 target price on shares of Tivity Health and gave the company a buy rating in a research note on Friday, May 10th. One analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company’s stock. Tivity Health presently has an average rating of Buy and a consensus target price of $33.00.

In related news, Director Bradley S. Karro bought 2,900 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The stock was purchased at an average price of $16.54 per share, for a total transaction of $47,966.00. Following the transaction, the director now directly owns 24,696 shares of the company’s stock, valued at approximately $408,471.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Sara Finley acquired 2,000 shares of Tivity Health stock in a transaction dated Wednesday, March 20th. The shares were acquired at an average price of $17.25 per share, with a total value of $34,500.00. The disclosure for this purchase can be found here. 1.64% of the stock is owned by company insiders.

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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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Earnings History and Estimates for Tivity Health (NASDAQ:TVTY)

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