SunTrust Banks, Inc. set a $52.00 target price on Almost Family Inc (NASDAQ:AFAM) in a research report released on Monday morning. The firm currently has a hold rating on the stock.

AFAM has been the topic of several other research reports. Robert W. Baird cut Almost Family from an outperform rating to a neutral rating and lifted their price objective for the company from $55.00 to $64.00 in a report on Monday, July 10th. BidaskClub cut Almost Family from a buy rating to a hold rating in a report on Monday, July 24th. J P Morgan Chase & Co assumed coverage on Almost Family in a report on Monday, October 9th. They set a neutral rating and a $54.00 price objective on the stock. Zacks Investment Research upgraded Almost Family from a sell rating to a hold rating in a report on Wednesday, September 20th. Finally, Royal Bank Of Canada reiterated a buy rating on shares of Almost Family in a report on Wednesday, October 11th. One analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $56.50.

Shares of Almost Family (NASDAQ AFAM) opened at 47.05 on Monday. The firm has a market cap of $645.38 million, a P/E ratio of 32.03 and a beta of 0.47. The firm’s 50-day moving average price is $48.85 and its 200 day moving average price is $52.49. Almost Family has a 12-month low of $36.39 and a 12-month 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 for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.56. Almost Family had a return on equity of 7.09% and a net margin of 2.43%. The business had revenue of $200.70 million for the quarter, compared to analysts’ expectations of $205.48 million. During the same quarter in the previous year, the business posted $0.61 EPS. Almost Family’s revenue for the quarter was up 28.7% on a year-over-year basis. On average, equities analysts expect that Almost Family will post $2.15 earnings per share for the current fiscal year.

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

A number of institutional investors have recently made changes to their positions in AFAM. Municipal Employees Retirement System of Michigan raised its position in Almost Family by 32.3% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 2,620 shares of the company’s stock valued at $127,000 after buying an additional 640 shares during the last quarter. US Bancorp DE raised its position in Almost Family by 68.4% in the 2nd quarter. US Bancorp DE now owns 2,118 shares of the company’s stock valued at $131,000 after buying an additional 860 shares during the last quarter. Mason Street Advisors LLC raised its position in Almost Family by 43.0% in the 1st quarter. Mason Street Advisors LLC now owns 2,788 shares of the company’s stock valued at $135,000 after buying an additional 839 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in Almost Family by 9.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 2,923 shares of the company’s stock valued at $142,000 after buying an additional 251 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its position in Almost Family by 78.3% in the 2nd quarter. State of Alaska Department of Revenue now owns 2,354 shares of the company’s stock valued at $145,000 after buying an additional 1,034 shares during the last quarter. 85.48% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Almost Family (NASDAQ:AFAM)

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