LHC Group Inc. (LHCG): Healthcare sector is gaining shares

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LHC Group Inc. (NASDAQ:LHCG) changes shares on Tuesday trading session, with a change of 0.79% or $1.57 shares. The trading starts at $196.93 and closed at $198.23 throughout the day. The trading session low price was $196.28 and day high was $201.41 on Tuesday, August 04. After the session, the Healthcare sector daily volume shifted to 0.19 million while its average volume is 295.02K. In other hand, the LHCG market cap reached to $6.38B. While, its current target price is $181.30.

On June 11, 2020, BRIEF-Lhc Group Promotes Joshua Proffitt To President And Welcomes Robert Williams As New CFO. According to the news reported on Reuters, * LHC GROUP PROMOTES JOSHUA PROFFITT TO PRESIDENT AND WELCOMES ROBERT WILLIAMS AS NEW CHIEF FINANCIAL OFFICER Source text for Eikon: Further company coverage:

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 7.60% and up 11.50% for month. Its quarterly performance was 61.26% above, while its half year performance is up 33.94%. LHCG yearly performance stood at positive 66.18% and rise 45.03% for year-to-date. Current recommendation for LHC Group Inc. is 1.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. LHCG EPS (TTM) for 12-month is 3.17. EPS for this year is 34.00%, while for the next year its value is 5.52. Sales growth for the current quarter is 5.01 while its EPS Q/Q reached 16.40%. It has an EPS of 19.50% up for past five years and for the next five years will be up 12.59%.

Let’s take a look on the analyst recommendations on LHCG for the current month and previous month. For the current month, 10 of 11 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $155.00 – $220.00. Average target price for LHCG was reached at $181.30.

Blackrock Inc., Copper Rock Capital Partners LLC and Vanguard Group, Inc. (The) are the top three holders in LHC Group Inc. (LHCG) stock. On Mar 30, 2020, Blackrock Inc. has 5.35 million shares which valued 750.71 million. On Jun 29, 2020, Copper Rock Capital Partners LLC owned 5.3 million shares which valued at 923.04 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 3.09 million shares which valued at 433.81 million. In the end, Vanguard Group, Inc. (The) have 9.80% shares outstanding of LHC Group Inc. (LHCG) on Mar 30, 2020. The insider ownership moved to 2.30% and institutional holding shifted to 97.60%.

The company posted an EPS (TTM) of 3.17. According to the most recent quarter report on (Jun 2020), 11 analysts estimated an average EPS of 0.79, while 1.07 EPS posted a year ago period. Analyst Estimated EPS for LHCG published in the report was $0.58 – $1.13 during the same period. Comparing with last year, the average estimated EPS was 1.07 which is higher than 0.75 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for LHCG rise 38.79% for period of 200 days. SMA for 50 days was 15.08% which is showing green signal, while SMA-20 was 6.99%. The moving average value for LHC Group Inc. (LHCG) is 736.48k and 3.30% for 200 and 50 days respectively.