Media headlines about LifePoint Health (NASDAQ:LPNT) have trended very positive this week, according to Alpha One Sentiment Analysis. Alpha One, a unit of Accern, identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. LifePoint Health earned a coverage optimism score of 0.56 on Alpha One’s scale. Alpha One also assigned news coverage about the company an impact score of 34 out of 100, meaning that recent news coverage is unlikely to have an impact on the stock’s share price in the immediate future.
LifePoint Health (NASDAQ:LPNT) last issued its quarterly earnings results on Friday, April 28th. The company reported $1.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.01 by $0.06. LifePoint Health had a net margin of 1.93% and a return on equity of 7.02%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the firm posted $0.85 EPS. The firm’s quarterly revenue was up 3.1% on a year-over-year basis.
LPNT has been the subject of a number of research reports. TheStreet raised LifePoint Health from a “c+” rating to a “b-” rating in a research report on Monday, March 13th. Barclays PLC boosted their price target on LifePoint Health from $58.00 to $60.00 and gave the company an “equal weight” rating in a research report on Monday, May 1st. Zacks Investment Research raised LifePoint Health from a “sell” rating to a “hold” rating in a research report on Wednesday, February 22nd. Deutsche Bank AG began coverage on LifePoint Health in a research report on Tuesday, April 4th. They issued a “hold” rating and a $68.00 target price for the company. Finally, Mizuho upped their target price on LifePoint Health from $57.00 to $62.00 and gave the stock a “neutral” rating in a research report on Monday, March 27th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $64.73.
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In other news, insider David M. Dill sold 18,800 shares of the firm’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $62.22, for a total transaction of $1,169,736.00. Following the completion of the transaction, the insider now owns 207,873 shares of the company’s stock, valued at $12,933,858.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Richard H. Evans sold 2,000 shares of the stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $62.88, for a total transaction of $125,760.00. Following the sale, the director now owns 17,718 shares of the company’s stock, valued at $1,114,107.84. The disclosure for this sale can be found here. In the last three months, insiders sold 82,000 shares of company stock valued at $5,274,814. 7.28% of the stock is owned by insiders.
LifePoint Health Company Profile
LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers and post-acute facilities. As of December 31, 2016, the Company operated 72 hospital campuses in 22 states, having a total of 9,424 licensed beds. It offers a range of general and specialized healthcare services to patients through a network of hospitals and outpatient facilities.
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