Team Health Holdings (NYSE:TMH) : 8 brokerage houses believe that Team Health Holdings (NYSE:TMH) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Team Health Holdings (NYSE:TMH). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 1.69.
Team Health Holdings (NYSE:TMH) : The most positive equity analysts on Team Health Holdings (NYSE:TMH) expects the shares to touch $75, whereas, the least positive believes that the stock will trade at $40 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $54.58 with an expected fluctuation of $9.73 from the mean.
For the current week, the company shares have a recommendation consensus of Buy.
Team Health Holdings (NYSE:TMH): On Tuesdays trading session , Opening price of the stock was $40.8 with an intraday high of $41.54. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $40.12. However, the stock managed to close at $40.21, a loss of 0.37% for the day. On the previous day, the stock had closed at $40.36. The total traded volume of the day was 722,619 shares.
In an insider trading activity, The Securities and Exchange Commission has divulged that Jones David P., officer (Executive VP and CFO) of Team Health Holdings Inc., had unloaded 42,000 shares at an average price of $63.14 in a transaction dated on August 12, 2015. The total value of the transaction was worth $2,651,880.
Team Health Holdings, Inc. (TeamHealth) is a provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Company provides services through two operating segments: Healthcare Staffing and Other Services. The Healthcare Staffing segment is an aggregation of emergency medicine, anesthesia, specialty surgery and locums staffing. The Company provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus or contract basis. The Other Services segment is an aggregation of hospital medicine, military and Government healthcare staffing, scribes, clinical services, nurse call center operations. The Companys Other Services segment also offers billing, collection and consulting services, which provide a range of other healthcare services. The Company provides outsourced services to hospital emergency departments (EDs).