Equities research analysts at Oppenheimer (NYSE: OPY) lowered their price target on shares of Hms Holdings Corporation (NASDAQ: HMSY) to $38.00 in a research note issued to investors on Monday. The firm currently has an “outperform” rating on the stock.
HMSY has been the subject of a number of other recent research reports. 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. Separately, analysts at Avondale Partners initiated coverage on shares of Hms Holdings Corporation in a research note to investors on Thursday, April 19th. They set a “market perform” rating and a $31.00 price target on the stock. Finally, analysts at Dougherty & Co raised their price target on shares of Hms Holdings Corporation from $32.00 to $40.00 in a research note to investors on Tuesday, February 21st. They now have a “buy” rating on the stock.
Hms Holdings Corporation traded down 1.62% on Monday, hitting $23.71. Hms Holdings Corporation has a 1-year low of $19.7767 and a 1-year high of $34.98. The company has a market cap of $2.047 billion and a price-to-earnings ratio of 46.44.
The company last announced its quarterly results on Friday, April 27th. It reported $0.16 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.13 EPS by $0.03. The company’s quarterly revenue was up 30.1% on a year-over-year basis. Analysts expect that Hms Holdings Corporation will post $0.19 EPS next quarter.
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.