NASDAQ:LHCG - LHC Group Stock Price, Forecast & News

LHC Group trades on the NASDAQ under the ticker symbol "LHCG."

LHC Group, Inc. (NASDAQ:LHCG) announced its quarterly earnings data on Wednesday, November, 6th. The health services provider reported $1.26 earnings per share for the quarter, beating analysts' consensus estimates of $1.08 by $0.18. The health services provider earned $528.50 million during the quarter, compared to analysts' expectations of $534.15 million. LHC Group had a net margin of 4.59% and a return on equity of 9.39%. The business's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.95 earnings per share. View LHC Group's Earnings History.

LHC Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for LHC Group.

LHC Group updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $4.35-4.45 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.33. The company issued revenue guidance of $2.09-2.14, compared to the consensus revenue estimate of $2.10 billion.

11 analysts have issued 12 month target prices for LHC Group's shares. Their forecasts range from $114.00 to $160.00. On average, they expect LHC Group's stock price to reach $133.80 in the next twelve months. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for LHC Group.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LHC Group in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LHC Group.

News stories about LHCG stock have trended extremely negative on Saturday, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. LHC Group earned a news impact score of -5.0 on InfoTrie's scale. They also assigned media coverage about the health services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for LHC Group.

LHC Group saw a drop in short interest in the month of December. As of December 13th, there was short interest totalling 1,740,000 shares, a drop of 7.4% from the November 28th total of 1,880,000 shares. Based on an average daily volume of 201,100 shares, the days-to-cover ratio is currently 8.7 days. Approximately 5.8% of the company's shares are sold short. View LHC Group's Current Options Chain.

Some companies that are related to LHC Group include Laboratory Corp. of America (LH), Quest Diagnostics (DGX), Davita (DVA), Chemed (CHE), Amedisys (AMED), AMN Healthcare Services (AMN), BioScrip (BIOS), MEDNAX (MD), CorVel (CRVL), R1 RCM (RCM), Tivity Health (TVTY), The Providence Service (PRSC), Cross Country Healthcare (CCRN) and Interpace Diagnostics Group (IDXG).

Based on aggregate information from My MarketBeat watchlists, some companies that other LHC Group investors own include Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA), Visa (V), CVS Health (CVS), Chevron (CVX), Honeywell International (HON), Johnson & Johnson (JNJ) and Exxon Mobil (XOM).

LHC Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.85%), Summit Creek Advisors LLC (0.54%), Copper Rock Capital Partners LLC (0.52%), Scout Investments Inc. (0.29%), First National Bank of Omaha (0.17%) and Calamos Advisors LLC (0.15%). Company insiders that own LHC Group stock include Donald Dwayne Stelly, Jeff Reibel, John L Indest, Joshua L Proffitt, Keith G Myers, Ronald T Nixon and Tyree G Wilburn. View Institutional Ownership Trends for LHC Group.

LHCG stock was sold by a variety of institutional investors in the last quarter, including Tributary Capital Management LLC, Scout Investments Inc., First National Bank of Omaha, Louisiana State Employees Retirement System, State of Alaska Department of Revenue and Calamos Advisors LLC. Company insiders that have sold LHC Group company stock in the last year include Donald Dwayne Stelly, John L Indest, Joshua L Proffitt, Keith G Myers and Ronald T Nixon. View Insider Buying and Selling for LHC Group.

LHCG stock was bought by a variety of institutional investors in the last quarter, including Summit Creek Advisors LLC, Copper Rock Capital Partners LLC, Meridian Wealth Management LLC and Assenagon Asset Management S.A.. View Insider Buying and Selling for LHC Group.

Shares of LHCG 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 LHCG stock can currently be purchased for approximately $145.42.

LHC Group has a market capitalization of $4.58 billion and generates $1.81 billion in revenue each year. The health services provider earns $63.57 million in net income (profit) each year or $3.55 on an earnings per share basis. LHC Group employs 30,985 workers across the globe.View Additional Information About LHC Group.

The official website for LHC Group is http://www.lhcgroup.com/.

LHC Group's mailing address is 901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA, 70508. The health services provider can be reached via phone at 337-233-1307 or via email at [email protected]