Robert W. Baird reiterated their hold rating on shares of Almost Family Inc (NASDAQ:AFAM) in a report released on Tuesday. They currently have a $55.00 price target on the stock.

Other equities research analysts have also recently issued research reports about the stock. BidaskClub cut shares of Almost Family from a buy rating to a hold rating in a research note on Monday, July 24th. Royal Bank Of Canada restated a buy rating and set a $63.00 target price on shares of Almost Family in a research note on Tuesday, June 13th. ValuEngine upgraded shares of Almost Family from a hold rating to a buy rating in a research report on Friday, September 1st. Finally, Zacks Investment Research cut shares of Almost Family from a hold rating to a sell rating in a research report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. Almost Family presently has a consensus rating of Hold and an average target price of $55.80.

Almost Family (NASDAQ AFAM) opened at 46.45 on Tuesday. The stock has a market cap of $637.15 million, a PE ratio of 31.62 and a beta of 0.44. The firm has a 50-day moving average of $48.04 and a 200-day moving average of $52.41. Almost Family has a 1-year low of $35.80 and a 1-year high of $62.95.

Almost Family (NASDAQ:AFAM) last released its earnings results on Tuesday, August 8th. The company reported $0.56 EPS for the quarter, hitting analysts’ consensus estimates of $0.56. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The company had revenue of $200.70 million for the quarter, compared to analysts’ expectations of $205.48 million. During the same quarter last year, the business earned $0.61 EPS. The firm’s revenue was up 28.7% compared to the same quarter last year. Analysts expect that Almost Family will post $2.36 EPS for the current fiscal year.

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In other news, SVP John Shermyen sold 3,000 shares of Almost Family stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $61.61, for a total transaction of $184,830.00. Following the sale, the senior vice president now owns 81,864 shares in the company, valued at $5,043,641.04. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 13.10% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. US Bancorp DE grew its holdings in shares of Almost Family by 68.4% in the second quarter. US Bancorp DE now owns 2,118 shares of the company’s stock valued at $131,000 after purchasing an additional 860 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Almost Family by 78.3% in the second quarter. State of Alaska Department of Revenue now owns 2,354 shares of the company’s stock valued at $145,000 after purchasing an additional 1,034 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in shares of Almost Family by 32.3% in the first quarter. Municipal Employees Retirement System of Michigan now owns 2,620 shares of the company’s stock valued at $127,000 after purchasing an additional 640 shares in the last quarter. Mason Street Advisors LLC grew its holdings in shares of Almost Family by 43.0% in the first quarter. Mason Street Advisors LLC now owns 2,788 shares of the company’s stock valued at $135,000 after purchasing an additional 839 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in shares of Almost Family by 9.4% in the first quarter. BNP Paribas Arbitrage SA now owns 2,923 shares of the company’s stock valued at $142,000 after purchasing an additional 251 shares in the last quarter. 85.48% of the stock is owned by hedge funds and other institutional investors.

About Almost Family

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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