Signify Well being, Inc. (NYSE:SGFY) Receives Common Suggestion of “Reasonable Purchase” from Analysts

Shares of Signify Well being, Inc. (NYSE:SGFY – Get Score) have been assigned a consensus score of “Reasonable Purchase” from the eight scores companies which might be presently overlaying the inventory, Marketbeat.com reviews. One funding analyst has rated the inventory with a maintain score and 6 have given a purchase score to the corporate. The typical 1-year value goal amongst brokers which have up to date their protection on the inventory within the final yr is $25.13.

A number of brokerages just lately weighed in on SGFY. Guggenheim started protection on Signify Well being in a analysis report on Tuesday, March twenty ninth. They set a “purchase” score and a $36.00 value goal for the corporate. Piper Sandler lifted their value goal on Signify Well being from $27.00 to $32.00 and gave the corporate an “chubby” score in a analysis report on Monday, June sixth. Robert W. Baird upgraded Signify Well being from a “impartial” score to an “outperform” score and diminished their value goal for the corporate from $19.00 to $16.00 in a analysis report on Monday, Could sixteenth. Lastly, Deutsche Financial institution Aktiengesellschaft dropped their value goal on Signify Well being from $29.00 to $26.00 in a report on Friday, Could sixth.

Insider Transactions at Signify Well being

In different information, Bradford CEO Kyle Armbrester bought 8,320 shares of the inventory in a transaction dated Monday, Could ninth. The shares had been bought at a mean value of $11.77 per share, with a complete worth of $97,926.40. Following the completion of the acquisition, the chief govt officer now immediately owns 92,693 shares of the corporate’s inventory, valued at roughly $1,090,996.61. The transaction was disclosed in a authorized submitting with the SEC, which is obtainable on the SEC web site. In associated information, Bradford CEO Kyle Armbrester acquired 8,320 shares of the inventory in a transaction on Monday, Could ninth. The shares had been purchased at a mean value of $11.77 per share, with a complete worth of $97,926.40. Following the completion of the acquisition, the chief govt officer now owns 92,693 shares of the corporate’s inventory, valued at roughly $1,090,996.61. The acquisition was disclosed in a doc filed with the Securities & Alternate Fee, which is obtainable by the SEC web site. Additionally, insider Steve Senneff acquired 2,500 shares of the inventory in a transaction on Monday, Could ninth. The shares had been purchased at a mean value of $11.75 per share, for a complete transaction of $29,375.00. Following the acquisition, the insider now immediately owns 217,587 shares of the corporate’s inventory, valued at roughly $2,556,647.25. The disclosure for this buy will be discovered right here. Insiders have purchased 20,820 shares of firm inventory valued at $252,801 during the last ninety days. Insiders personal 8.02% of the corporate’s inventory.

Hedge Funds Weigh In On Signify Well being

Institutional traders and hedge funds have just lately added to or diminished their stakes within the inventory. Meeder Asset Administration Inc. acquired a brand new place in Signify Well being through the first quarter price $28,000. Manchester Capital Administration LLC bought a brand new stake in Signify Well being within the first quarter valued at $30,000. Advisor Group Holdings Inc. raised its place in Signify Well being by 293.9% within the first quarter. Advisor Group Holdings Inc. now owns 2,198 shares of the corporate’s inventory valued at $40,000 after buying an extra 1,640 shares through the interval. Federated Hermes Inc. bought a brand new stake in Signify Well being within the first quarter valued at $42,000. Lastly, Zurcher Kantonalbank Zurich Cantonalbank raised its place in Signify Well being by 349.1% within the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,684 shares of the corporate’s inventory valued at $152,000 after buying an extra 8,305 shares through the interval.

Signify Well being Buying and selling Down 0.7 %

Shares of NYSE:SGFY opened at $15.92 on Thursday. Signify Well being has a 52-week low of $10.70 and a 52-week excessive of $28.99. The inventory has a market cap of $3.72 billion, a price-to-earnings ratio of 83.79 and a beta of 1.08. The corporate has a fast ratio of 4.82, a present ratio of 4.82 and a debt-to-equity ratio of 0.22. The enterprise has a 50-day transferring common value of $13.88 and a 200-day transferring common value of $14.36.

Signify Well being (NYSE:SGFY – Get Score) final introduced its quarterly earnings information on Wednesday, Could 4th. The corporate reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.08. The agency had income of $216.50 million through the quarter, in comparison with analysts’ expectations of $213.21 million. Signify Well being had a return on fairness of three.22% and a web margin of three.95%. The corporate’s income for the quarter was up 20.3% in comparison with the identical quarter final yr. Throughout the identical interval final yr, the enterprise posted $0.20 earnings per share. Equities analysts predict that Signify Well being will submit 0.11 EPS for the present yr.

About Signify Well being

(Get Score)

Signify Well being, Inc. operates a healthcare platform that makes use of analytics, expertise, and healthcare supplier networks in america. The corporate operates by Residence & Group Companies and Episodes of Care Companies segments. The Residence & Group Companies phase affords well being evaluations carried out throughout the affected person’s dwelling or at a healthcare supplier facility primarily to Medicare Benefit well being plans; diagnostic screening and different ancillary providers; and providers to handle healthcare issues associated to social determinants of well being.

Additional Studying

Analyst Recommendations for Signify Health (NYSE:SGFY)

Need Extra Nice Investing Concepts?

Obtain Information & Rankings for Signify Well being Each day – Enter your e mail tackle under to obtain a concise day by day abstract of the most recent information and analysts’ scores for Signify Well being and associated corporations with MarketBeat.com’s FREE day by day e mail publication.