NASDAQ:HMSYHMS Stock Price, Forecast & News

HMS's stock was trading at $21.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HMSY stock has increased by 49.1% and is now trading at $31.93. 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) issued its quarterly earnings data on Friday, May, 8th. The business services provider reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.07. The business services provider earned $171.40 million during the quarter, compared to analyst estimates of $162.32 million. HMS had a net margin of 12.35% and a return on equity of 11.47%. The company's revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the prior year, the business posted $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 (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 brokers have issued 1 year price objectives 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 twelve months. This suggests a possible upside of 14.4% from the stock's current price. View analysts' price targets for HMS.

Media headlines about HMSY stock have trended somewhat negative on Thursday, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. HMS earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. 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 short-interest ratio is currently 2.5 days. Currently, 2.4% of the shares of the stock are short sold. 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 variety of institutional and retail investors. Top institutional investors 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 $31.93.

HMS has a market capitalization of $2.82 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]