NASDAQ:HMSYHMS Stock Price, Forecast & News

HMS's stock was trading at $21.41 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HMSY shares have increased by 45.9% and is now trading at $31.24. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HMS in the last year. There are currently 2 hold ratings and 7 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 quarterly earnings data on Friday, May, 8th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping the 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 net margin of 12.35% and a return on equity of 11.47%. The business's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.35 earnings per share. View HMS's earnings history.

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

9 brokerages have issued 1-year price targets for HMS's stock. Their forecasts range from $27.00 to $50.00. On average, they expect HMS's stock price to reach $36.54 in the next year. This suggests a possible upside of 17.0% from the stock's current price. View analysts' price targets for HMS.

News headlines about HMSY stock have trended positive on Monday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. HMS earned a news impact score of 2.8 on InfoTrie's scale. They also gave media coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutHMS.

HMS saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,050,000 shares, an increase of 9.6% from the April 30th total of 1,870,000 shares. Based on an average trading volume of 832,500 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.4% of the company's shares 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.04%), Wellington Management Group LLP (5.32%), Van Berkom & Associates Inc. (4.36%), State Street Corp (3.18%), Mackenzie Financial Corp (2.79%) and Aristotle Capital Boston LLC (2.22%). 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 sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Invesco Ltd., Nuveen Asset Management LLC, BlackRock Inc., Robeco Institutional Asset Management B.V., AQR Capital Management LLC, ClariVest Asset Management LLC, and Pembroke Management LTD. Company insiders that have sold HMS company stock in the last year include Douglas M Williams, Greg D Aunan, Jeffrey Scott Sherman, Richard H Stowe, Teresa South, William C Lucia, and William F Miller III. View insider buying and selling activity for HMS.

HMSY stock was acquired by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Van Berkom & Associates Inc., Massachusetts Financial Services Co. MA, Deutsche Bank AG, Ziegler Capital Management LLC, State Street Corp, Assenagon Asset Management S.A., and Waddell & Reed Financial Inc.. 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 $31.24.

HMS has a market capitalization of $2.76 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]