Almost Family (AFAM) Receiving Somewhat Favorable Media Coverage, Study Shows
Media stories about Almost Family (NASDAQ:AFAM) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Almost Family earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 49.3168399585271 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Almost Family Inc (NASDAQ:AFAM) Expected to Post Quarterly Sales of $208.11 Million (americanbankingnews.com)
- Almost Family In Down 18.0% Since SmarTrend Downtrend Call (AFAM) (mysmartrend.com)
- Trading Spotlight on Almost Family Inc (AFAM) Shares (iphonefresh.com)
- Almost Family Inc (NASDAQ:AFAM) Expected to Post Earnings of $0.61 Per Share (americanbankingnews.com)
- Brokers Set Expectations for Almost Family Inc’s Q4 2017 Earnings (AFAM) (americanbankingnews.com)
A number of research firms recently issued reports on AFAM. Zacks Investment Research raised shares of Almost Family from a “sell” rating to a “hold” rating in a research note on Monday, May 15th. BidaskClub downgraded shares of Almost Family from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Robert W. Baird downgraded shares of Almost Family from an “outperform” rating to a “neutral” rating and increased their price target for the stock from $55.00 to $64.00 in a research note on Monday, July 10th. Royal Bank Of Canada reissued a “buy” rating and issued a $63.00 price target on shares of Almost Family in a research note on Tuesday, June 13th. Finally, Bank of America Corporation reissued a “neutral” rating and issued a $57.00 price target (up from $52.00) on shares of Almost Family in a research note on Wednesday, May 17th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $57.60.
Shares of Almost Family (NASDAQ:AFAM) traded up 0.21% during trading on Friday, hitting $47.10. 137,875 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $55.16 and a 200-day moving average price of $52.33. The stock has a market cap of $646.07 million, a P/E ratio of 32.06 and a beta of 0.43. Almost Family has a one year low of $35.21 and a one year high of $62.95.
Almost Family (NASDAQ:AFAM) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The company had revenue of $200.70 million during the quarter, compared to analysts’ expectations of $205.48 million. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The firm’s quarterly revenue was up 28.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.61 EPS. Equities research analysts expect that Almost Family will post $2.36 EPS for the current fiscal year.
In other Almost Family news, VP Jeff Reibel sold 2,700 shares of the business’s stock in a transaction dated Monday, May 22nd. The shares were sold at an average price of $56.40, for a total value of $152,280.00. Following the completion of the sale, the vice president now directly owns 7,664 shares of the company’s stock, valued at approximately $432,249.60. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO William B. Yarmuth sold 30,000 shares of the business’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of $56.82, for a total transaction of $1,704,600.00. Following the completion of the sale, the chief executive officer now directly owns 430,794 shares of the company’s stock, valued at $24,477,715.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 66,067 shares of company stock valued at $3,741,299. 13.10% of the stock is owned by corporate insiders.
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Almost Family Company Profile
Almost Family, Inc is a provider of home healthcare services. The Company has two divisions: Home Health and Healthcare Innovations (HCI). The Home Health division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). The VN segment provides a range of Medicare-certified home health nursing services to patients in need of recuperative care, following a period of hospitalization or care in another type of inpatient facility.
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