Almost Family Inc. (NASDAQ:AFAM) has been assigned a consensus recommendation of “Buy” from the six research firms that are currently covering the stock. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $52.60.

Several equities analysts recently weighed in on AFAM shares. Royal Bank Of Canada raised shares of Almost Family from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $48.00 to $55.00 in a research note on Wednesday, October 19th. Zacks Investment Research raised shares of Almost Family from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Thursday, August 4th. Robert W. Baird raised shares of Almost Family from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $44.00 to $55.00 in a research note on Thursday, November 3rd. RBC Capital Markets raised shares of Almost Family from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $48.00 to $55.00 in a research note on Wednesday, October 19th. Finally, Jefferies Group reissued a “buy” rating and issued a $58.00 price objective on shares of Almost Family in a research note on Friday, November 4th.

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Large investors have recently added to or reduced their stakes in the company. Chartwell Investment Partners LLC raised its stake in Almost Family by 63.7% in the third quarter. Chartwell Investment Partners LLC now owns 92,875 shares of the company’s stock valued at $3,415,000 after buying an additional 36,135 shares during the period. Sio Capital Management LLC raised its stake in Almost Family by 28.2% in the third quarter. Sio Capital Management LLC now owns 36,479 shares of the company’s stock valued at $1,341,000 after buying an additional 8,027 shares during the period. Gotham Asset Management LLC purchased a new stake in Almost Family during the third quarter valued at about $220,000. The Manufacturers Life Insurance Company purchased a new stake in Almost Family during the third quarter valued at about $218,000. Finally, Eagle Global Advisors LLC purchased a new stake in Almost Family during the third quarter valued at about $409,000. Hedge funds and other institutional investors own 76.32% of the company’s stock.

Almost Family (NASDAQ:AFAM) opened at 41.65 on Wednesday. The stock has a market cap of $423.62 million, a PE ratio of 25.35 and a beta of 0.82. Almost Family has a 12 month low of $34.08 and a 12 month high of $44.64. The company’s 50 day moving average is $40.22 and its 200 day moving average is $40.10.

Almost Family (NASDAQ:AFAM) last posted its earnings results on Tuesday, November 1st. The company reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.07. The company earned $160.40 million during the quarter, compared to analysts’ expectations of $159.17 million. Almost Family had a net margin of 2.74% and a return on equity of 8.86%. Almost Family’s quarterly revenue was up 22.3% on a year-over-year basis. During the same period last year, the company posted $0.52 earnings per share. On average, analysts anticipate that Almost Family will post $2.50 EPS for the current fiscal year.

Almost Family Company Profile

Almost Family, Inc, along with its subsidiaries, is a provider of home health services. The Company has two divisions, which include Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care).

5 Day Chart for NASDAQ:AFAM

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