Today, Almost Family Inc. (AFAM) Receives $52.60 Consensus PT from Analysts

Today, Almost Family Inc. (AFAM) Receives $52.60 Consensus PT from Analysts
Shares of Almost Family Inc. (NASDAQ:AFAM) have earned an average recommendation of “Buy” from the six ratings firms that are currently covering the firm. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $52.60.

Several equities analysts recently issued reports on AFAM shares. Jefferies Group restated a “buy” rating and issued a $58.00 price target on shares of Almost Family in a research report on Friday, October 21st. Zacks Investment Research upgraded Almost Family from a “hold” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Wednesday, October 19th. RBC Capital Markets upgraded Almost Family from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $48.00 to $55.00 in a research report on Wednesday, October 19th. Royal Bank Of Canada upgraded Almost Family from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $48.00 to $55.00 in a research report on Wednesday, October 19th. Finally, Robert W. Baird upgraded Almost Family from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $44.00 to $55.00 in a research report on Thursday, November 3rd.

Almost Family (NASDAQ:AFAM) opened at 41.65 on Wednesday. Almost Family has a one year low of $34.08 and a one year high of $44.64. The firm has a market cap of $423.62 million, a PE ratio of 25.35 and a beta of 0.82. The firm’s 50 day moving average price is $40.22 and its 200-day moving average price is $40.10.

Almost Family (NASDAQ:AFAM) last posted its earnings results on Tuesday, November 1st. The company reported $0.66 EPS for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.07. Almost Family had a return on equity of 8.86% and a net margin of 2.74%. The business had revenue of $160.40 million for the quarter, compared to analysts’ expectations of $159.17 million. During the same quarter in the previous year, the firm earned $0.52 earnings per share. The business’s revenue was up 22.3% compared to the same quarter last year. Equities analysts predict that Almost Family will post $2.50 EPS for the current fiscal year.

Large investors have recently made changes to their positions in the stock. Cortina Asset Management LLC acquired a new stake in shares of Almost Family during the second quarter worth $14,642,000. Bank of Montreal Can acquired a new stake in shares of Almost Family during the second quarter worth $4,532,000. BlackRock Fund Advisors raised its stake in shares of Almost Family by 11.1% in the third quarter. BlackRock Fund Advisors now owns 615,890 shares of the company’s stock worth $22,646,000 after buying an additional 61,358 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Almost Family by 8.0% in the second quarter. Dimensional Fund Advisors LP now owns 798,365 shares of the company’s stock worth $34,018,000 after buying an additional 59,151 shares in the last quarter. Finally, Chartwell Investment Partners LLC acquired a new stake in shares of Almost Family during the second quarter worth $2,418,000. 72.34% of the stock is currently owned by institutional investors.

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