TheStreet lowered shares of Tivity Health (NASDAQ:TVTY) from a b rating to a c+ rating in a research note published on Wednesday.

Several other equities analysts have also recently commented on the company. Zacks Investment Research cut Tivity Health from a buy rating to a hold rating in a research report on Saturday, November 17th. Chardan Capital reduced their target price on Tivity Health from $43.00 to $41.00 and set a buy rating for the company in a research report on Tuesday, November 6th. Cantor Fitzgerald reduced their target price on Tivity Health from $52.00 to $49.00 and set an overweight rating for the company in a research report on Monday, December 17th. Oppenheimer reduced their target price on Tivity Health from $44.00 to $34.00 and set an outperform rating for the company in a research report on Tuesday, December 11th. Finally, BidaskClub cut Tivity Health from a hold rating to a sell rating in a research report on Thursday, September 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Buy and a consensus target price of $42.29.

NASDAQ:TVTY opened at $24.93 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.98 and a current ratio of 0.98. Tivity Health has a 52-week low of $23.71 and a 52-week high of $44.35. The firm has a market cap of $998.20 million, a P/E ratio of 14.84, a P/E/G ratio of 0.94 and a beta of 1.24.

Tivity Health (NASDAQ:TVTY) last released its quarterly earnings data on Monday, November 5th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Tivity Health had a return on equity of 28.25% and a net margin of 13.29%. The company had revenue of $151.50 million for the quarter, compared to analyst estimates of $153.87 million. During the same period in the previous year, the company posted $0.46 EPS. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. Research analysts forecast that Tivity Health will post 2.18 earnings per share for the current year.

In other news, CEO Donato Tramuto sold 35,000 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $38.25, for a total value of $1,338,750.00. Following the completion of the transaction, the chief executive officer now directly owns 334,743 shares in the company, valued at approximately $12,803,919.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.73% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. NEXT Financial Group Inc purchased a new position in shares of Tivity Health in the 3rd quarter worth about $104,000. Stone Ridge Asset Management LLC purchased a new position in shares of Tivity Health in the 3rd quarter worth about $213,000. Pacer Advisors Inc. boosted its holdings in shares of Tivity Health by 143.3% in the 3rd quarter. Pacer Advisors Inc. now owns 6,759 shares of the company’s stock worth $217,000 after purchasing an additional 3,981 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Tivity Health by 31.7% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,551 shares of the company’s stock worth $307,000 after purchasing an additional 2,297 shares in the last quarter. Finally, PEAK6 Investments LLC purchased a new position in shares of Tivity Health in the 3rd quarter worth about $310,000.

Tivity Health Company Profile

Tivity Health, Inc provides fitness and health improvement programs in the United States. The company offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans and employers.

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Analyst Recommendations for Tivity Health (NASDAQ:TVTY)

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