Wells Fargo & Co. Analysts Begin Coverage on Hms Holdings Corporation (HMSY)
Research analysts at Wells Fargo & Co. (NYSE: WFC) assumed coverage on shares of Hms Holdings Corporation (NASDAQ: HMSY) in a report released on Tuesday. The firm set an “outperform” rating on the stock.
Shares of Hms Holdings Corporation traded down 0.86% during mid-day trading on Tuesday, hitting $26.65. Hms Holdings Corporation has a one year low of $19.7767 and a one year high of $34.98. The company has a market cap of $2.291 billion and a P/E ratio of 51.79.
Hms Holdings Corporation last issued its quarterly earnings data on Friday, April 27th. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.13 by $0.03. The company’s quarterly revenue was up 30.1% on a year-over-year basis. On average, analysts predict that Hms Holdings Corporation will post $0.19 earnings per share next quarter.
HMSY has been the subject of a number of other recent research reports. Analysts at Bank of America (NYSE: BAC) raised their price target on shares of Hms Holdings Corporation to $41.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Oppenheimer (NYSE: OPY) cut their price target on shares of Hms Holdings Corporation to $38.00 in a research note to investors on Monday, April 30th. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group (NYSE: JEF) upgraded shares of Hms Holdings Corporation from a “buy” rating to a “hold” rating in a research note to investors on Monday, April 30th. They now have a $29.00 price target on the stock, down previously from $30.00.
HMS Holdings Corp. (HMS) provides a variety of cost containment, coordination of benefits and program integrity services for government-sponsored health and human services programs.