According to Zacks, “Nobilis Health Corp. own and manage ambulatory and acute care facilities for healthcare services. In addition, it owns and manages ambulatory surgery centers, acute care hospital, imaging centers and urgent care clinic. The company operates primarily in Houston, Dallas and Scottsdale, Arizona. Nobilis Health Corp. is headquartered in Houston, Texas. “
Separately, Canaccord Genuity set a $4.80 target price on shares of Nobilis Health Corp and gave the stock a buy rating in a research report on Monday, September 19th.
Nobilis Health Corp (NYSE:HLTH) opened at 3.49 on Wednesday. Nobilis Health Corp has a 1-year low of $1.82 and a 1-year high of $4.66. The firm’s 50-day moving average is $3.41 and its 200-day moving average is $3.14. The stock has a market cap of $267.97 million and a P/E ratio of 5.12.
Nobilis Health Corp (NYSE:HLTH) last released its earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.05. The firm earned $61.90 million during the quarter, compared to analysts’ expectations of $62.18 million. The business’s revenue was up 26.6% on a year-over-year basis. During the same period last year, the business earned ($0.02) earnings per share. On average, analysts forecast that Nobilis Health Corp will post $0.37 EPS for the current year.
A number of hedge funds and other institutional investors have recently made changes to their positions in HLTH. Synovus Financial Corp bought a new position in shares of Nobilis Health Corp during the second quarter worth approximately $175,000. Emerald Acquisition Ltd. bought a new position in shares of Nobilis Health Corp during the second quarter worth approximately $2,498,000. California State Teachers Retirement System increased its position in shares of Nobilis Health Corp by 70.3% in the second quarter. California State Teachers Retirement System now owns 116,338 shares of the company’s stock worth $259,000 after buying an additional 48,016 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Nobilis Health Corp by 67.9% in the second quarter. Bank of New York Mellon Corp now owns 111,448 shares of the company’s stock worth $248,000 after buying an additional 45,088 shares during the last quarter. Finally, CIBC World Markets Inc. increased its position in shares of Nobilis Health Corp by 16.5% in the second quarter. CIBC World Markets Inc. now owns 382,683 shares of the company’s stock worth $853,000 after buying an additional 54,237 shares during the last quarter.
Nobilis Health Corp Company Profile
Nobilis Health Corp. (Nobilis) owns and manages healthcare facilities in the States of Texas and Arizona, consisting primarily of ambulatory surgery centers (ASCs) and acute-care and surgical hospitals. The Company’s segments include Medical Services, Marketing Services and Corporate. The Medical Services segment owns and manages approximately nine healthcare facilities in Texas and Arizona; over four hospitals, and approximately five ambulatory surgery centers.
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