NASDAQ:HMSYHMS Stock Price, Forecast & News

HMS's stock was trading at $21.41 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HMSY stock has increased by 53.9% and is now trading at $32.94. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HMS in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for HMS.

HMS is scheduled to release its next quarterly earnings announcement on Friday, August 7th 2020. View our earnings forecast for HMS.

HMS Holdings Corp (NASDAQ:HMSY) posted its earnings results on Friday, May, 8th. The business services provider reported $0.32 EPS for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.07. The business services provider had revenue of $171.40 million for the quarter, compared to the consensus estimate of $162.32 million. HMS had a return on equity of 11.47% and a net margin of 12.35%. The business's revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS. View HMS's earnings history.

HMS updated its FY 2020 Pre-Market earnings guidance on Friday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $690-705 million, compared to the consensus revenue estimate of $704.18 million.

7 analysts have issued 12-month price objectives for HMS's shares. Their forecasts range from $27.00 to $50.00. On average, they expect HMS's stock price to reach $37.29 in the next twelve months. This suggests a possible upside of 13.2% from the stock's current price. View analysts' price targets for HMS.

News headlines about HMSY stock have trended negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. HMS earned a daily sentiment score of -2.1 on InfoTrie's scale. They also gave news coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about HMS.

HMS saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,230,000 shares, an increase of 7.7% from the June 15th total of 2,070,000 shares. Based on an average daily volume of 675,400 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.6% of the shares of the company are sold short. View HMS's Current Options Chain.

Some companies that are related to HMS include Cerner (CERN), Omnicell (OMCL), Cortexyme (CRTX), Allscripts Healthcare Solutions (MDRX), HealthStream (HSTM), Vocera Communications (VCRA) and Computer Programs & Systems (CPSI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other HMS investors own include Visa (V), Alibaba Group (BABA), Netflix (NFLX), AT&T (T), Walt Disney (DIS), General Electric (GE), Cisco Systems (CSCO), HCA Healthcare (HCA), Intel (INTC) and Mastercard (MA).

HMS trades on the NASDAQ under the ticker symbol "HMSY."

HMS's stock is owned by many different retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.09%). Company insiders that own HMS stock include Bart M Schwartz, Cora M Tellez, Cynthia Nustad, Douglas M Williams, Ellen A Rudnick, Greg D Aunan, Jeffrey Scott Sherman, Meredith W Bjorck, Richard H Stowe, Robert Becker, Semone Neuman, Teresa South, William C Lucia and William F Miller III. View institutional ownership trends for HMS.

HMSY stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View insider buying and selling activity for HMS.

Shares of HMSY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HMSY stock can currently be purchased for approximately $32.94.

HMS has a market capitalization of $2.91 billion and generates $626.40 million in revenue each year. The business services provider earns $87.22 million in net income (profit) each year or $1.15 on an earnings per share basis. HMS employs 3,100 workers across the globe.

The official website for HMS is www.hms.com.

HMS's mailing address is 5615 High Point Drive, Irving TX, 75038. The business services provider can be reached via phone at 214-453-3000 or via email at [email protected]