Envision Healthcare Holdings Inc (EVHC) is Upgraded by Citigroup to Buy

Envision Healthcare Holdings Inc (EVHC) was Upgraded by Citigroup to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Citigroup advised their investors in a research report released on Sep 26, 2016.

On the company’s financial health, Envision Healthcare Holdings Inc reported $0.34 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $0.35. The company had revenue of $1641.00 million for the quarter, compared to analysts expectations of $1668.02 million. The company’s revenue was up 21.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

Envision Healthcare Holdings Inc opened for trading at $21.3 and hit $21.95 on the upside on Thursday, eventually ending the session at $21.7, with a gain of 2.55% or 0.54 points. The heightened volatility saw the trading volume jump to 33,15,330 shares. Company has a market cap of $4,062 M.

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

Leave a Reply

Envision Healthcare Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Envision Healthcare Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.