Civitas Solutions Inc (NYSE:CIVI) has received an average rating of “Hold” from the seven analysts that are presently covering the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $27.00.
CIVI has been the subject of several recent analyst reports. Canaccord Genuity reaffirmed a “buy” rating on shares of Civitas Solutions in a research note on Thursday, December 1st. TheStreet raised shares of Civitas Solutions from a “sell” rating to a “hold” rating in a research note on Wednesday, November 30th. Zacks Investment Research raised shares of Civitas Solutions from a “sell” rating to a “hold” rating in a research note on Thursday, December 15th. Finally, Barclays PLC reaffirmed a “buy” rating and set a $24.00 price objective on shares of Civitas Solutions in a research note on Monday, January 9th.
Civitas Solutions (NYSE:CIVI) opened at 17.70 on Thursday. Civitas Solutions has a 52 week low of $15.87 and a 52 week high of $23.20. The stock has a 50 day moving average price of $17.99 and a 200-day moving average price of $18.28. The stock has a market cap of $659.61 million, a P/E ratio of 35.26 and a beta of 0.49.
Civitas Solutions (NYSE:CIVI) last issued its quarterly earnings data on Thursday, February 9th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by $0.01. The firm had revenue of $359.40 million for the quarter, compared to the consensus estimate of $368.32 million. Civitas Solutions had a net margin of 1.33% and a return on equity of 18.37%. The business’s revenue was up 4.0% on a year-over-year basis. During the same period last year, the company posted ($0.15) earnings per share. On average, equities analysts anticipate that Civitas Solutions will post $0.75 EPS for the current fiscal year.
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A number of institutional investors have recently added to or reduced their stakes in the company. GSA Capital Partners LLP increased its position in Civitas Solutions by 23.0% in the fourth quarter. GSA Capital Partners LLP now owns 13,790 shares of the company’s stock worth $274,000 after buying an additional 2,579 shares during the last quarter. Oxford Asset Management bought a new position in Civitas Solutions during the fourth quarter worth about $284,000. Cigna Investments Inc. New bought a new position in Civitas Solutions during the fourth quarter worth about $325,000. Context BH Capital Management LP bought a new position in Civitas Solutions during the third quarter worth about $347,000. Finally, Menta Capital LLC increased its position in Civitas Solutions by 44.4% in the fourth quarter. Menta Capital LLC now owns 17,878 shares of the company’s stock worth $356,000 after buying an additional 5,500 shares during the last quarter. 87.94% of the stock is owned by institutional investors.
Civitas Solutions Company Profile
Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).
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