Shares of Almost Family Inc (NASDAQ:AFAM) have been given a consensus recommendation of “Hold” by the nine analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $62.33.

Several equities research analysts recently issued reports on AFAM shares. Royal Bank of Canada downgraded shares of Almost Family from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from $54.00 to $62.00 in a research note on Monday, November 20th. SunTrust Banks set a $73.00 price target on shares of Almost Family and gave the stock a “hold” rating in a research note on Friday, November 17th. Zacks Investment Research downgraded shares of Almost Family from a “hold” rating to a “sell” rating in a research note on Wednesday, November 8th. Robert W. Baird set a $65.00 price objective on shares of Almost Family and gave the stock a “hold” rating in a report on Tuesday, November 28th. Finally, Jefferies Group reissued a “buy” rating and set a $58.00 price objective on shares of Almost Family in a report on Friday, November 3rd.

In other Almost Family news, Director Jonathan Goldberg sold 10,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $60.08, for a total transaction of $600,800.00. Following the completion of the transaction, the director now directly owns 44,803 shares of the company’s stock, valued at approximately $2,691,764.24. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 13.10% of the stock is owned by company insiders.

Hedge funds have recently made changes to their positions in the business. Sei Investments Co. grew 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 acquiring an additional 1,261 shares in the last quarter. SG Americas Securities LLC acquired a new position in Almost Family during the 3rd quarter worth $148,000. Victory Capital Management Inc. grew its holdings in Almost Family by 17.7% during the 2nd quarter. Victory Capital Management Inc. now owns 3,847 shares of the company’s stock worth $237,000 after acquiring an additional 578 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in Almost Family by 47.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 4,299 shares of the company’s stock worth $265,000 after acquiring an additional 1,376 shares in the last quarter. Finally, Numeric Investors LLC acquired a new position in Almost Family during the 2nd quarter worth $333,000. 84.90% of the stock is owned by institutional investors.

Almost Family (NASDAQ:AFAM) traded down $0.75 during trading on Monday, reaching $57.90. 50,200 shares of the company traded hands, compared to its average volume of 227,833. Almost Family has a 12-month low of $40.15 and a 12-month high of $66.15. The stock has a market cap of $808.74, a P/E ratio of 48.25, a price-to-earnings-growth ratio of 2.26 and a beta of 0.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.40 and a quick ratio of 2.40.

Almost Family (NASDAQ:AFAM) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.01. Almost Family had a net margin of 2.02% and a return on equity of 6.12%. The firm had revenue of $194.30 million for the quarter, compared to the consensus estimate of $199.93 million. During the same quarter in the previous year, the firm posted $0.66 EPS. The firm’s quarterly revenue was up 21.1% on a year-over-year basis. sell-side analysts predict that Almost Family will post 2.12 earnings per share for the current year.

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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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