Almost Family (NASDAQ:AFAM) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Friday.

Other research analysts have also issued reports about the company. Royal Bank of Canada reissued a “buy” rating on shares of Almost Family in a research report on Wednesday, October 11th. Jefferies Group reissued a “buy” rating and issued a $58.00 price objective on shares of Almost Family in a research report on Friday, November 3rd. ValuEngine raised Almost Family from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. SunTrust Banks set a $73.00 price objective on Almost Family and gave the company a “hold” rating in a research report on Friday, November 17th. Finally, Robert W. Baird set a $55.00 price objective on Almost Family and gave the company a “hold” rating in a research report on Saturday, October 21st. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Almost Family has a consensus rating of “Hold” and a consensus price target of $62.33.

Almost Family (NASDAQ:AFAM) opened at $59.40 on Friday. 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 has a 52-week low of $40.15 and a 52-week high of $66.15. The firm has a market capitalization of $829.70, a price-to-earnings ratio of 27.89, a P/E/G ratio of 2.32 and a beta of 0.52.

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

In other news, Director Jonathan Goldberg sold 10,000 shares of Almost Family stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $60.08, for a total transaction of $600,800.00. Following the sale, the director now directly owns 44,803 shares of the company’s stock, valued at $2,691,764.24. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 13.10% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its position in shares of Almost Family by 9.0% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 55,222 shares of the company’s stock worth $3,057,000 after acquiring an additional 4,563 shares during the last quarter. Dalton Greiner Hartman Maher & Co. increased its position in shares of Almost Family by 31.1% during the fourth quarter. Dalton Greiner Hartman Maher & Co. now owns 64,423 shares of the company’s stock worth $3,566,000 after acquiring an additional 15,297 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of Almost Family by 25.9% during the third quarter. Sterling Capital Management LLC now owns 35,488 shares of the company’s stock worth $1,906,000 after acquiring an additional 7,311 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Almost Family during the third quarter worth about $7,570,000. Finally, Envestnet Asset Management Inc. increased its position in shares of Almost Family by 24.5% during the third quarter. Envestnet Asset Management Inc. now owns 6,245 shares of the company’s stock worth $335,000 after acquiring an additional 1,229 shares during the last quarter. 84.90% of the stock is currently owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Almost Family (NASDAQ:AFAM)

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