Healthways (HWAY) was Initiated by FBR Capital to “Outperform” and the brokerage firm has set the Price Target at $16. FBR Capital advised their investors in a research report released on Apr 15, 2016.
Many Wall Street Analysts have commented on Healthways. Company shares were Reiterated by Barrington Research on Feb 26, 2016 to “Outperform”, Firm has raised the Price Target to $ 15 from a previous price target of $13 .
On the company’s financial health, Healthways reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $-0.08. The company had revenue of $186.28 million for the quarter, compared to analysts expectations of $180.55 million. The company’s revenue was down -6.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.25 EPS.
Healthways closed down -0.23 points or -2.25% at $10 with 1,85,627 shares getting traded on Monday. Post opening the session at $10.26, the shares hit an intraday low of $9.95 and an intraday high of $10.4 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Nov 4, 2015, Mary Jane England (director) purchased 4,401 shares at $11.38 per share price. According to the SEC, on Nov 4, 2015, Robert J Jr Greczyn (director) purchased 11,000 shares at $11.39 per share price. On Nov 4, 2015, Lee Shapiro (director) purchased 4,359 shares at $11.42 per share price, according to the Form-4 filing with the securities and exchange commission.
Healthways Inc. (Healthways) provides total population health management solutions designed to help people improve well-being thereby improving health and productivity and reducing health-related costs. The Company’s well-being improvement programs provide personalized solutions for any individual irrespective of the health status age or paying sponsor. Its population health platform using analytics and predictive models enables to stratify the population develop individualized well-being improvement plans and deliver action-based solutions to improve individual and organizational performance. Through this data-driven process the Company identifies the needs of each individual in a population and determines the right level of support. The Company’s services are delivered using venue-based face-to-face interactions; print; phone; mobile and remote devices; online including social networks and any combination of these methods to motivate and sustain healthy behaviors.