Healthways, Inc. (HWAY) Downgraded by Standpoint Research to "Hold"
Friday, July 15, 2021 3:41 PM

Equities research analysts at Standpoint Research downgraded shares of Healthways, Inc. (NASDAQ: HWAY) from a "buy" rating to a "hold" rating in a research note to investors on Friday.

Separately, analysts at FBR Capital (NASDAQ: FBCM) raised their price target on shares of Healthways, Inc. from $17.00 to $19.00 in a research note to investors on Friday, May 13rd. They now have an "outperform" rating on the stock. Also, analysts at Piper Jaffray (NYSE: PJC) reiterated a "neutral" rating on shares of Healthways, Inc. in a research note to investors on Tuesday, April 26th.

Shares of Healthways, Inc. traded up 6.69% during mid-day trading on Monday, hitting $17.0605. Healthways, Inc. has a 52 week low of $9.50 and a 52 week high of $17.26. The stock's 50-day moving average is $15.47 and its 200-day moving average is $14.35. The company has a market cap of $579.4 million and a price-to-earnings ratio of 13.20.

Healthways, Inc. last announced its quarterly results on Tuesday, April 26th. The company reported $0.12 earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of $0.20 EPS by $0.08. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was down 8.90% on a year-over-year basis. On average, analysts predict that Healthways, Inc. will post $0.28 EPS next quarter.

Healthways, Inc. provides solutions to help people to maintain or improve their health. The Company’s health, prevention and well-being services are made available to consumers via phone, direct mail, the Internet, face-to-face consultations and venue-based interactions. In North America, the Company’s customers include health plans, governments, employers, pharmacy benefit managers, and hospitals in all 50 states, the District of Columbia and Puerto Rico. It also provides health improvement programs and services in Germany, Brazil and Australia. In October 2009, the Company acquired HealthHonors, a behavioral economics company.

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