The shares of LifePoint Health Inc (NASDAQ:LPNT) currently has mean rating of 2.50 while 4 analysts have recommended the shares as “BUY”, 4 recommended as “OUTPERFORM” and 13 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.
The company’s mean estimate for sales for the current quarter ending Jun-16 is 1.61 billion by 18 analysts. The means estimate of sales for the year ending Dec-16 is 6.49 billion by 19 analysts.
The mean price target for the shares of LifePoint Health Inc (NASDAQ:LPNT) is at 77.61 while the highest price target suggested by the analysts is 94.00 and low price target is 61.50. The mean price target is calculated keeping in view the consensus of 19 brokerage firms.
The average estimate of EPS for the current fiscal quarter for LifePoint Health Inc (NASDAQ:LPNT) stands at 0.91 while the EPS for the current year is fixed at 3.75 by 22 analysts.
The next one year’s EPS estimate is set at 4.35 by 21 analysts while a year ago the analysts suggested the company’s EPS at 3.75. The analysts also projected the company’s long-term growth at 7.38% for the upcoming five years.
In its latest quarter ended on 31st March 2016, LifePoint Health Inc (NASDAQ:LPNT) reported earnings of $0.87. The posted earnings missed the analyst’s consensus by -$0.01 with the surprise factor of -1.10%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
LifePoint Health, Inc., through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. Its hospitals offer a range of medical and surgical services, such as general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation, and pediatric services, as well as specialized services, including open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery. The companys hospitals also provide various outpatient services comprising same-day surgery, laboratory, X-ray, respiratory therapy, imaging, sports medicine, and lithotripsy. In addition, it owns and operates schools of nursing and other allied health professions. As of December 31, 2015, the company operated 67 hospitals campuses in 21 states. The company was formerly known as LifePoint Hospitals, Inc. and changed its name to LifePoint Health, Inc. in May 2015. LifePoint Health, Inc. was founded in 1997 and is based in Brentwood, Tennessee.