Envision Healthcare Holdings Inc (EVHC) is Downgraded by Citigroup to Neutral

Envision Healthcare Holdings Inc (EVHC) was Downgraded by Citigroup to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Citigroup advised their investors in a research report released on Jun 16, 2016.

Many Wall Street Analysts have commented on Envision Healthcare Holdings Inc. Envision Healthcare Holdings Inc was Downgraded by Wells Fargo to ” Market Perform” on Jun 16, 2016.

On the company’s financial health, Envision Healthcare Holdings Inc reported $0.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on May 5, 2016. Analyst had a consensus of $0.25. The company had revenue of $1597.54 million for the quarter, compared to analysts expectations of $1547.40 million. The company’s revenue was up 28.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

Envision Healthcare Holdings Inc closed down -0.03 points or -0.11% at $27.51 with 16,97,134 shares getting traded on Wednesday. Post opening the session at $27.7, the shares hit an intraday low of $27.44 and an intraday high of $27.765 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 17, 2016, Steven G Murphy (SVP of Gov. & Nat. Services) sold 17,021 shares at $20.45 per share price. According to the SEC, on Oct 7, 2015, Leonard M Jr Riggs (director) sold 4,000 shares at $36.24 per share price. On Sep 17, 2015, Randel G Owen (EVP, COO and CFO) sold 20,000 shares at $42.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Envision Healthcare Holdings Inc. is a holding company. The Company provides physician-led outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments anesthesiology hospitalist or inpatient radiology teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition AMR operates emergency (911) call and response service. It offers contracted medical staffing and provides telephone triage transportation dispatch and demand management services. It brands include EmCare and AMR.

Envision Healthcare Holdings Inc

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