Almost Family Inc (NASDAQ:AFAM) shares were up 16.2% during mid-day trading on Friday . The company traded as high as $62.65 and last traded at $61.20. Approximately 953,100 shares changed hands during mid-day trading, an increase of 584% from the average daily volume of 139,430 shares. The stock had previously closed at $52.65.

A number of research analysts have recently issued reports on AFAM shares. BidaskClub downgraded Almost Family from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. SunTrust Banks, Inc. set a $52.00 price objective on Almost Family and gave the company a “hold” rating in a research note on Monday, October 16th. J P Morgan Chase & Co boosted their target price on Almost Family to $59.00 and gave the company a “neutral” rating in a research report on Wednesday, November 8th. ValuEngine raised Almost Family from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research raised Almost Family from a “sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $60.83.

The company has a market capitalization of $863.74, a PE ratio of 29.04, a P/E/G ratio of 3.04 and a beta of 0.40. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 0.27.

Almost Family (NASDAQ:AFAM) last issued its earnings results on Tuesday, November 7th. The company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Almost Family had a return on equity of 6.12% and a net margin of 2.02%. The business had revenue of $194.30 million during the quarter, compared to analyst estimates of $199.93 million. During the same period in the previous year, the company posted $0.66 EPS. The firm’s revenue was up 21.1% compared to the same quarter last year. research analysts anticipate that Almost Family Inc will post 2.08 EPS for the current fiscal year.

In related news, SVP John Shermyen sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of $52.00, for a total value of $104,000.00. Following the completion of the sale, the senior vice president now directly owns 79,864 shares of the company’s stock, valued at approximately $4,152,928. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 13.10% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of AFAM. Sei Investments Co. increased its holdings in Almost Family by 1,261.0% during the 3rd quarter. Sei Investments Co. now owns 1,361 shares of the company’s stock worth $110,000 after purchasing an additional 1,261 shares in the last quarter. US Bancorp DE increased its holdings in Almost Family by 68.4% during the 2nd quarter. US Bancorp DE now owns 2,118 shares of the company’s stock worth $131,000 after purchasing an additional 860 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in Almost Family by 78.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,354 shares of the company’s stock worth $145,000 after purchasing an additional 1,034 shares in the last quarter. SG Americas Securities LLC bought a new stake in Almost Family during the 3rd quarter worth approximately $148,000. Finally, Municipal Employees Retirement System of Michigan increased its holdings in Almost Family by 7.3% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 2,810 shares of the company’s stock worth $173,000 after purchasing an additional 190 shares in the last quarter. 84.74% of the stock is owned by hedge funds and other institutional investors.

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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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