ValuEngine cut shares of Almost Family Inc (NASDAQ:AFAM) from a buy rating to a hold rating in a report issued on Monday.

Several other analysts have also commented on the stock. Zacks Investment Research raised shares of Almost Family from a sell rating to a hold rating in a research report on Wednesday, September 20th. Robert W. Baird reaffirmed a hold rating and issued a $55.00 price objective on shares of Almost Family in a research report on Tuesday, September 19th. BidaskClub lowered shares of Almost Family from a hold rating to a sell rating in a research report on Tuesday, August 1st. Finally, Royal Bank Of Canada reaffirmed a buy rating and issued a $63.00 price objective on shares of Almost Family in a research report on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company has an average rating of Hold and an average target price of $58.25.

Almost Family (NASDAQ AFAM) opened at 52.40 on Monday. Almost Family has a 52 week low of $36.25 and a 52 week high of $62.95. The firm has a market cap of $718.77 million, a price-to-earnings ratio of 35.67 and a beta of 0.47. The company has a 50-day moving average of $48.92 and a 200-day moving average of $52.53.

Almost Family (NASDAQ:AFAM) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $0.56 EPS for the quarter, hitting the consensus estimate of $0.56. The business had revenue of $200.70 million for the quarter, compared to analyst estimates of $205.48 million. Almost Family had a net margin of 2.43% and a return on equity of 7.09%. The company’s revenue for the quarter was up 28.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.61 earnings per share. Equities research analysts forecast that Almost Family will post $2.36 earnings per share for the current fiscal year.

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In related news, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $52.00, for a total transaction of $104,000.00. Following the completion of the transaction, the senior vice president now owns 79,864 shares of the company’s stock, valued at $4,152,928. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 13.10% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of AFAM. Goldman Sachs Group Inc. grew its stake in Almost Family by 1,571.9% during the first quarter. Goldman Sachs Group Inc. now owns 576,664 shares of the company’s stock valued at $28,026,000 after acquiring an additional 542,172 shares in the last quarter. FMR LLC grew its stake in Almost Family by 33.5% during the first quarter. FMR LLC now owns 2,077,849 shares of the company’s stock valued at $100,984,000 after acquiring an additional 521,870 shares in the last quarter. Vanguard Group Inc. grew its stake in Almost Family by 33.0% during the first quarter. Vanguard Group Inc. now owns 637,314 shares of the company’s stock valued at $30,973,000 after acquiring an additional 157,955 shares in the last quarter. Capital Research Global Investors grew its stake in Almost Family by 46.0% during the second quarter. Capital Research Global Investors now owns 457,000 shares of the company’s stock valued at $28,174,000 after acquiring an additional 144,000 shares in the last quarter. Finally, State Street Corp grew its stake in Almost Family by 43.4% during the first quarter. State Street Corp now owns 321,682 shares of the company’s stock valued at $15,638,000 after acquiring an additional 97,392 shares in the last quarter. 85.48% of the stock is owned by 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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