TheStreet upgraded shares of Signify Well being (NYSE:SGFY – Get Ranking) from a d+ ranking to a c- ranking in a report launched on Wednesday, TheStreetRatingsTable reviews.
Different equities analysts have additionally not too long ago issued analysis reviews concerning the firm. Piper Sandler lifted their value goal on Signify Well being from $27.00 to $32.00 and gave the corporate an obese ranking in a analysis notice on Monday, June sixth. Guggenheim assumed protection on Signify Well being in a analysis report on Tuesday, March twenty ninth. They issued a purchase ranking and a $36.00 value goal for the corporate. Deutsche Financial institution Aktiengesellschaft dropped their value goal on Signify Well being from $29.00 to $26.00 in a analysis notice on Friday, Might sixth. Lastly, Robert W. Baird upgraded shares of Signify Well being from a impartial ranking to an outperform ranking and diminished their goal value for the inventory from $19.00 to $16.00 in a analysis notice on Monday, Might sixteenth. One analysis analyst has rated the inventory with a maintain ranking and 7 have issued a purchase ranking to the inventory. Based on knowledge from MarketBeat, Signify Well being presently has a consensus ranking of Reasonable Purchase and a mean value goal of $25.13.
Signify Well being Inventory Efficiency
Shares of SGFY inventory opened at $16.41 on Wednesday. The agency has a 50 day shifting common of $14.05 and a 200-day shifting common of $14.39. The corporate has a market cap of $3.83 billion, a price-to-earnings ratio of 86.37 and a beta of 1.08. The corporate has a fast ratio of 4.82, a present ratio of 4.82 and a debt-to-equity ratio of 0.22. Signify Well being has a 52 week low of $10.70 and a 52 week excessive of $28.68.
Signify Well being (NYSE:SGFY – Get Ranking) final introduced its quarterly earnings knowledge on Wednesday, Might 4th. The corporate reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.08. Signify Well being had a internet margin of three.95% and a return on fairness of three.22%. The agency had income of $216.50 million for the quarter, in comparison with analyst estimates of $213.21 million. Throughout the identical quarter within the prior 12 months, the enterprise earned $0.20 earnings per share. The enterprise’s quarterly income was up 20.3% in comparison with the identical quarter final 12 months. On common, equities analysts forecast that Signify Well being will publish 0.11 earnings per share for the present 12 months.
Insider Shopping for and Promoting at Signify Well being
In different Signify Well being information, insider Steve Senneff purchased 10,000 shares of Signify Well being inventory in a transaction that occurred on Friday, Might sixth. The inventory was acquired at a mean value of $12.55 per share, for a complete transaction of $125,500.00. Following the completion of the transaction, the insider now straight owns 215,087 shares within the firm, valued at $2,699,341.85. The acquisition was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible via this hyperlink. In associated information, insider Steve Senneff purchased 10,000 shares of the corporate’s inventory in a transaction on Friday, Might sixth. The inventory was acquired at a mean value of $12.55 per share, for a complete transaction of $125,500.00. Following the completion of the transaction, the insider now straight owns 215,087 shares within the firm, valued at roughly $2,699,341.85. The transaction was disclosed in a doc filed with the Securities & Alternate Fee, which is obtainable at this hyperlink. Additionally, Bradford CEO Kyle Armbrester bought 8,320 shares of the agency’s inventory in a transaction dated Monday, Might ninth. The inventory was purchased at a mean value of $11.77 per share, for a complete transaction of $97,926.40. Following the acquisition, the chief government officer now straight owns 92,693 shares within the firm, valued at $1,090,996.61. The disclosure for this buy may be discovered right here. Insiders purchased a complete of 20,820 shares of firm inventory valued at $252,801 within the final three months. Firm insiders personal 8.02% of the corporate’s inventory.
Institutional Buying and selling of Signify Well being
A number of hedge funds and different institutional traders have not too long ago purchased and bought shares of SGFY. Meeder Asset Administration Inc. bought a brand new stake in Signify Well being through the first quarter valued at about $28,000. Manchester Capital Administration LLC purchased a brand new place in Signify Well being through the 1st quarter value roughly $30,000. Advisor Group Holdings Inc. elevated its stake in Signify Well being by 293.9% within the 1st quarter. Advisor Group Holdings Inc. now owns 2,198 shares of the corporate’s inventory value $40,000 after buying a further 1,640 shares through the interval. Federated Hermes Inc. purchased a brand new stake in Signify Well being within the first quarter valued at roughly $42,000. Lastly, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Signify Well being by 349.1% through the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,684 shares of the corporate’s inventory valued at $152,000 after buying a further 8,305 shares through the interval.
Signify Well being Firm Profile
Signify Well being, Inc. operates a healthcare platform that makes use of analytics, know-how, and healthcare supplier networks in america. The corporate operates via Dwelling & Neighborhood Providers and Episodes of Care Providers segments. The Dwelling & Neighborhood Providers section gives well being evaluations carried out throughout the affected person’s residence or at a healthcare supplier facility primarily to Medicare Benefit well being plans; diagnostic screening and different ancillary providers; and providers to deal with healthcare issues associated to social determinants of well being.
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