Vitalhub Corp. (TSE:VHI) Stock Has Average Price Target of C$12.67 According to Analysts

Key Points

• Analysts are bullish on Vitalhub: All six brokerages covering the stock rate it a “Buy,” with an average 12-month price target of C$12.67. Canaccord Genuity set a higher C$15.00 target.
• Vitalhub shares opened at C$7.37, compared with a 12-month range of C$6.46 to C$11.80, implying substantial upside to the consensus target.
• The company reported quarterly revenue of C$31.74 million and earnings of C$0.03 per share; analysts expect full-year earnings of C$0.23 per share.

Shares of Vitalhub Corp. (TSE:VHI - Get Free Report) have been given an average rating of "Buy" by the six brokerages that are currently covering the firm, MarketBeat reports. Six analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$12.67.

Separately, Canaccord Genuity Group set a C$15.00 price target on shares of Vitalhub and gave the company a "buy" rating in a report on Friday, August 28th.

Vitalhub Price Performance

Shares of VHI opened at C$7.37 on Wednesday. The stock has a market capitalization of C$466.23 million, a PE ratio of 61.42, a price-to-earnings-growth ratio of 1.18 and a beta of 1.40. The business's fifty day moving average price is C$7.66 and its 200 day moving average price is C$7.65. Vitalhub has a 12-month low of C$6.46 and a 12-month high of C$11.80.

Vitalhub (TSE:VHI - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$31.74 million during the quarter. Vitalhub had a net margin of 5.89% and a return on equity of 2.79%. As a group, research analysts anticipate that Vitalhub will post 0.23 earnings per share for the current fiscal year.

Vitalhub Company Profile

VitalHub is a leading software company dedicated to empowering health and human services providers globally. VitalHub's comprehensive product suite includes electronic health records, operational intelligence, and workforce automation solutions that serve over 1,300 clients across the UK, Canada, and other geographies. The Company has a robust two-pronged growth strategy, targeting organic opportunities within its product suite and pursuing an aggressive M&A plan. VitalHub is headquartered in Toronto with over 700 employees globally, across key regions and the VitalHub Innovations Lab in Sri Lanka.

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