Equity research analysts expect Tivity Health, Inc. (NASDAQ:TVTY) to report earnings of $0.38 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts released earnings estimates for Tivity Health, with the lowest EPS estimate at $0.36 and the highest at $0.40. Tivity Health also reported earnings per share of $0.38 in the same quarter last year. The company is expected to release its next quarterly results after the market closes on Thursday, February 24.
On average, analysts expect Tivity Health to report annual earnings of $1.66 per share for the current fiscal year, with EPS estimates ranging from $1.65 to $1.67. For the next fiscal year, analysts expect the company to report earnings of $1.83 per share, with EPS estimates ranging from $1.75 to $1.91. Zacks’ earnings per share calculations are an average average based on a survey of sell-side research companies that track Tivity Health.
TVTY has been the subject of several analyst reports. Zacks Investment Research downgraded Tivity Health from a “buy” rating to a “hold” rating in a report released Wednesday. Credit Suisse Group upgraded Tivity Health from an “underperforming” rating to a “neutral” rating and raised its target price for the company from $25.00 to $29.00 in a Friday 7 research report. January. Barrington Research raised its target price on Tivity Health from $31.00 to $33.00 and gave the company an “outperform” rating in a Wednesday, Nov. 3 research report. Finally, Truist Financial raised its target price on Tivity Health from $28.00 to $30.00 in a Wednesday, January 5 research report. Four research analysts gave the stock a hold rating and two gave the stock a buy rating. According to MarketBeat.com, the stock has a consensus quote of “Hold” and a consensus target price of $30.00.
TVTY stock traded down $0.18 at midday Friday, hitting $25.91. 1,008 shares of the company were traded, with an average volume of 357,303. The share’s fifty-day moving average price is $25.25 and its 200-day moving average price is $24.63. The company has a debt ratio of 2.71, a quick ratio of 2.47 and a current ratio of 2.47. The company has a market capitalization of $1.29 billion, a PE ratio of 10.95, a growth price-earnings ratio of 1.37 and a beta of 2.40. Tivity Health has a one-year minimum of $20.95 and a one-year maximum of $29.18.
A number of hedge funds and other institutional investors have recently increased or reduced their stakes in TVTY. Morgan Stanley increased its stake in Tivity Health by 336.2% in the third quarter. Morgan Stanley now owns 3,503,870 shares of the company worth $80,798,000 after buying 2,700,648 more shares in the last quarter. Invesco Ltd. increased its stake in Tivity Health shares to 90.3% in Q2. Invesco Ltd. now owns 1,211,560 shares of the company valued at $31,876,000 after acquiring an additional 574,801 shares in the last quarter. BlackRock Inc. increased its stake in Tivity Health shares by 7.3% in Q3. BlackRock Inc. now owns 6,937,974 shares of the company valued at $159,989,000 after acquiring an additional 474,654 shares in the last quarter. Patient Capital Management LLC bought a new stock position in Tivity Health in Q4 worth $9,106,000. Finally, Dimensional Fund Advisors LP increased its equity stake in Tivity Health by 47.2% in Q2. Dimensional Fund Advisors LP now owns 782,848 shares of the company valued at $20,597,000 after acquiring an additional 251,076 shares in the last quarter. Hedge funds and other institutional investors own 91.00% of the company’s shares.
About Tivity Health
Tivity Health, Inc provides fitness, nutrition and social connection solutions. It operates through two segments: Health and Nutrition. The Health segment includes SilverSneakers senior fitness, Prime Fitness and WholeHealth Living. The Nutrition segment provides weight management products and services and includes Nutrisystem and South Beach Diet.
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