Zacks: Analysts Anticipate Tivity Health, Inc. (NASDAQ:TVTY) Will Announce Earnings of $0.42 Per Share

Analysts expect Tivity Health, Inc. (NASDAQ:TVTYGet Rating) to announce $0.42 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Tivity Health’s earnings, with the lowest EPS estimate coming in at $0.39 and the highest estimate coming in at $0.43. Tivity Health posted earnings of $0.40 per share during the same quarter last year, which would suggest a positive year over year growth rate of 5%. The business is expected to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Tivity Health will report full year earnings of $1.80 per share for the current fiscal year, with EPS estimates ranging from $1.78 to $1.80. For the next fiscal year, analysts anticipate that the business will post earnings of $1.99 per share, with EPS estimates ranging from $1.94 to $2.08. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Tivity Health.

Tivity Health (NASDAQ:TVTYGet Rating) last posted its earnings results on Thursday, February 24th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.08). Tivity Health had a net margin of 21.80% and a return on equity of 99.51%. The business had revenue of $126.80 million during the quarter, compared to analyst estimates of $126.57 million. During the same quarter last year, the firm earned $0.38 earnings per share. Tivity Health’s revenue was up 26.0% compared to the same quarter last year.

A number of equities analysts recently issued reports on the stock. Truist Financial boosted their target price on shares of Tivity Health from $28.00 to $30.00 in a research report on Wednesday, January 5th. Credit Suisse Group boosted their target price on shares of Tivity Health from $29.00 to $31.00 and gave the company a “neutral” rating in a research note on Friday, March 11th. Zacks Investment Research downgraded shares of Tivity Health from a “hold” rating to a “sell” rating in a research note on Tuesday, March 1st. StockNews.com initiated coverage on shares of Tivity Health in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Finally, Barrington Research cut Tivity Health from an “outperform” rating to a “market perform” rating in a report on Tuesday, April 5th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, Tivity Health has an average rating of “Hold” and an average target price of $30.67.

Several hedge funds have recently made changes to their positions in the stock. New York State Teachers Retirement System boosted its holdings in Tivity Health by 2.3% in the 4th quarter. New York State Teachers Retirement System now owns 69,750 shares of the company’s stock valued at $1,844,000 after purchasing an additional 1,600 shares during the period. Magnetar Financial LLC lifted its holdings in shares of Tivity Health by 65.4% during the 3rd quarter. Magnetar Financial LLC now owns 428,253 shares of the company’s stock worth $9,876,000 after acquiring an additional 169,383 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in shares of Tivity Health by 125.4% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 73,487 shares of the company’s stock worth $1,695,000 after acquiring an additional 40,877 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Tivity Health during the 4th quarter worth approximately $1,540,000. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Tivity Health by 15.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 35,712 shares of the company’s stock worth $824,000 after acquiring an additional 4,721 shares during the period. 91.07% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:TVTY traded down $0.02 during trading on Thursday, reaching $32.17. The stock had a trading volume of 1,324,301 shares, compared to its average volume of 676,997. Tivity Health has a 52 week low of $21.25 and a 52 week high of $32.89. The stock has a fifty day simple moving average of $29.74 and a two-hundred day simple moving average of $26.87. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 15.47, a P/E/G ratio of 1.80 and a beta of 2.30. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 3.23.

Tivity Health Company Profile (Get Rating)

Tivity Health, Inc provides fitness and health products and solutions in the United States. The company offers SilverSneakers to members of Medicare Advantage, Medicare Supplement, and group retiree plans; Prime Fitness, a fitness facility access program through commercial health plans, employers, and other sponsoring organizations; virtual fitness experiences, including live instructor-led classes; and WholeHealth living program, a continuum of services related to complementary, alternative, and physical medicine.

Recommended Stories

Get a free copy of the Zacks research report on Tivity Health (TVTY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Tivity Health (NASDAQ:TVTY)

Receive News & Ratings for Tivity Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tivity Health and related companies with MarketBeat.com's FREE daily email newsletter.