HMS Holdings Corp (HMSY) Getting Somewhat Positive Media Coverage, Analysis Finds
Media headlines about HMS Holdings Corp (NASDAQ:HMSY) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. HMS Holdings Corp earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 45.47513942587 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Sell Recommendation on HMS Holdings (HMSY) Shares Affirmed (investorplace.com)
- Head-To-Head Comparison: HMS Holdings Corp (HMSY) and Kindred Healthcare (KND) (americanbankingnews.com)
- Insider Selling: HMS Holdings Corp (HMSY) Chairman Sells 29,894 Shares of Stock (americanbankingnews.com)
- HMS Holdings Corp. (HMSY) Stock in the Overbought Spotlight – Wall Street Morning (wallstreetmorning.com)
HMSY has been the subject of several analyst reports. UBS AG upgraded shares of HMS Holdings Corp from an “outperform” rating to a “strong-buy” rating in a research note on Thursday, August 10th. Zacks Investment Research lowered shares of HMS Holdings Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Jefferies Group LLC reiterated a “hold” rating and issued a $21.50 price objective on shares of HMS Holdings Corp in a research note on Wednesday, July 19th. BidaskClub lowered shares of HMS Holdings Corp from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Finally, Raymond James Financial, Inc. upgraded shares of HMS Holdings Corp from an “outperform” rating to a “strong-buy” rating and set a $23.00 price objective for the company in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $22.94.
HMS Holdings Corp (NASDAQ:HMSY) traded up 0.74% during midday trading on Thursday, reaching $20.36. 116,799 shares of the company’s stock traded hands. The firm has a market cap of $1.71 billion, a PE ratio of 58.01 and a beta of 1.14. The firm’s 50-day moving average is $18.54 and its 200 day moving average is $18.94. HMS Holdings Corp has a 52-week low of $15.94 and a 52-week high of $22.05.
HMS Holdings Corp (NASDAQ:HMSY) last released its quarterly earnings data on Friday, August 4th. The business services provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). HMS Holdings Corp had a net margin of 6.37% and a return on equity of 9.26%. The company had revenue of $133.31 million for the quarter, compared to analysts’ expectations of $135.96 million. During the same period in the previous year, the firm earned $0.18 earnings per share. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. Equities research analysts expect that HMS Holdings Corp will post $0.81 earnings per share for the current fiscal year.
In other news, insider Douglas M. Williams sold 13,140 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $17.78, for a total transaction of $233,629.20. Following the completion of the transaction, the insider now directly owns 121,264 shares of the company’s stock, valued at $2,156,073.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Semone Neuman sold 20,734 shares of the business’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $17.68, for a total transaction of $366,577.12. Following the transaction, the executive vice president now directly owns 96,722 shares of the company’s stock, valued at $1,710,044.96. The disclosure for this sale can be found here. Insiders have sold 86,675 shares of company stock valued at $1,602,166 over the last three months. 3.20% of the stock is owned by corporate insiders.
TRADEMARK VIOLATION WARNING: This article was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another publication, it was illegally copied and reposted in violation of United States and international copyright & trademark laws. The original version of this article can be read at https://www.thecerbatgem.com/2017/10/05/hms-holdings-corp-hmsy-getting-somewhat-positive-media-coverage-analysis-finds.html.
About HMS Holdings Corp
HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate.
Receive News & Stock Ratings for HMS Holdings Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HMS Holdings Corp and related stocks with our FREE daily email newsletter.