News stories about HMS Holdings Corp (NASDAQ:HMSY) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. HMS Holdings Corp earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.8947927568152 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
HMS Holdings Corp (NASDAQ:HMSY) traded up 1.20% during midday trading on Monday, reaching $18.52. 240,272 shares of the company’s stock were exchanged. HMS Holdings Corp has a 52 week low of $15.94 and a 52 week high of $23.06. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 52.76 and a beta of 1.10. The firm’s 50 day moving average is $18.31 and its 200 day moving average is $18.84.
HMS Holdings Corp (NASDAQ:HMSY) last released its quarterly earnings data on Friday, August 4th. The business services provider reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.02. The company had revenue of $133.31 million during the quarter, compared to analysts’ expectations of $135.96 million. HMS Holdings Corp had a return on equity of 9.26% and a net margin of 6.37%. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.18 EPS. On average, equities analysts anticipate that HMS Holdings Corp will post $0.81 earnings per share for the current year.
Several analysts recently commented on HMSY shares. Canaccord Genuity started coverage on shares of HMS Holdings Corp in a research report on Tuesday, July 11th. They set a “buy” rating and a $22.00 price objective on the stock. Zacks Investment Research raised shares of HMS Holdings Corp from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Tuesday, August 1st. Robert W. Baird reissued a “buy” rating and set a $22.00 price objective on shares of HMS Holdings Corp in a research report on Thursday, August 31st. BidaskClub downgraded shares of HMS Holdings Corp from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $21.50 price objective on shares of HMS Holdings Corp in a research report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company’s stock. HMS Holdings Corp currently has an average rating of “Buy” and an average price target of $22.94.
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In other HMS Holdings Corp news, EVP Cynthia Nustad sold 22,907 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was sold at an average price of $17.64, for a total value of $404,079.48. Following the completion of the sale, the executive vice president now directly owns 73,877 shares of the company’s stock, valued at approximately $1,303,190.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Douglas M. Williams sold 13,140 shares of the firm’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $17.78, for a total value of $233,629.20. Following the completion of the sale, the insider now directly owns 121,264 shares of the company’s stock, valued at $2,156,073.92. The disclosure for this sale can be found here. Over the last three months, insiders sold 56,781 shares of company stock valued at $1,004,286. 3.20% of the stock is owned by corporate insiders.
HMS Holdings Corp Company Profile
HMS Holdings Corp. is a holding company. The Company, through its subsidiaries, operates in the United States healthcare insurance benefit cost containment marketplace. It provides coordination of benefits services to government, and private healthcare payers and sponsors. Its payment integrity services ensure that healthcare claims billed are accurate and appropriate.
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