Equities analysts forecast that HMS Holdings Corp (NASDAQ:HMSY) will report earnings per share of $0.26 for the current fiscal quarter, according to Zacks Investment Research. Six analysts have issued estimates for HMS’s earnings, with the lowest EPS estimate coming in at $0.22 and the highest estimate coming in at $0.29. HMS posted earnings per share of $0.25 during the same quarter last year, which would suggest a positive year over year growth rate of 4%. The company is scheduled to report its next quarterly earnings results before the market opens on Friday, August 2nd.

According to Zacks, analysts expect that HMS will report full year earnings of $1.17 per share for the current financial year, with EPS estimates ranging from $1.05 to $1.23. For the next fiscal year, analysts expect that the firm will post earnings of $1.28 per share, with EPS estimates ranging from $1.22 to $1.38. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover HMS.

HMS (NASDAQ:HMSY) last posted its quarterly earnings data on Friday, May 3rd. The business services provider reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.16. The business had revenue of $148.00 million during the quarter, compared to the consensus estimate of $144.13 million. HMS had a return on equity of 14.02% and a net margin of 11.28%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 earnings per share.

A number of equities analysts have issued reports on HMSY shares. Guggenheim started coverage on Patterson Companies in a report on Wednesday, April 17th. They issued a “neutral” rating and a $23.00 price objective for the company. Cantor Fitzgerald downgraded HMS from an “overweight” rating to a “neutral” rating and set a $29.40 price target for the company. in a report on Wednesday, April 17th. Credit Suisse Group started coverage on LTC Properties in a report on Wednesday, July 10th. They set an “underperform” rating and a $19.00 price target for the company. Chardan Capital upgraded HMS from a “neutral” rating to a “buy” rating and raised their price target for the company from $37.00 to $41.00 in a report on Monday, July 1st. Finally, Zacks Investment Research upgraded Garrett Motion from a “sell” rating to a “hold” rating in a report on Friday, May 10th. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $33.57.

In related news, CEO William C. Lucia sold 1,700 shares of HMS stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $31.62, for a total value of $53,754.00. Following the completion of the sale, the chief executive officer now directly owns 143,332 shares in the company, valued at approximately $4,532,157.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman William C. Lucia sold 1,200 shares of HMS stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $31.04, for a total value of $37,248.00. Following the completion of the sale, the chairman now owns 143,632 shares of the company’s stock, valued at $4,458,337.28. The disclosure for this sale can be found here. Insiders have sold 172,354 shares of company stock valued at $5,347,710 over the last 90 days. Corporate insiders own 2.87% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HMSY. Raymond James Financial Services Advisors Inc. lifted its position in shares of HMS by 674.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 49,467 shares of the business services provider’s stock worth $1,392,000 after purchasing an additional 43,077 shares in the last quarter. Martingale Asset Management L P acquired a new position in HMS during the fourth quarter worth $260,000. Great West Life Assurance Co. Can lifted its stake in HMS by 8.0% in the fourth quarter. Great West Life Assurance Co. Can now owns 111,573 shares of the business services provider’s stock valued at $2,900,000 after acquiring an additional 8,302 shares during the last quarter. United Services Automobile Association lifted its stake in HMS by 104.2% in the fourth quarter. United Services Automobile Association now owns 194,514 shares of the business services provider’s stock valued at $5,472,000 after acquiring an additional 99,274 shares during the last quarter. Finally, Natixis Advisors L.P. lifted its stake in HMS by 3.2% in the fourth quarter. Natixis Advisors L.P. now owns 10,845 shares of the business services provider’s stock valued at $305,000 after acquiring an additional 336 shares during the last quarter. Institutional investors own 95.51% of the company’s stock.

HMSY traded down $0.54 during trading on Monday, reaching $33.07. The stock had a trading volume of 297,614 shares, compared to its average volume of 550,690. The firm’s 50 day simple moving average is $31.99. The company has a quick ratio of 5.34, a current ratio of 5.34 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $2.93 billion, a P/E ratio of 39.37, a price-to-earnings-growth ratio of 3.05 and a beta of 1.41. HMS has a one year low of $23.36 and a one year high of $38.15.

HMS Company Profile

HMS Holdings Corp., through its subsidiaries, provides cost containment solutions in the United States healthcare marketplace. The company offers coordination of benefits services to government and commercial healthcare payers to ensure that the correct party pays the claim; and population management solutions that provide risk-bearing organizations with intelligence across their member populations to identify risks, and enhance patient engagement and outcomes, as well as payment integrity, care management and consumer engagement, and analytical solutions.

See Also: Net Margin

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