NYSE:CIVI - Civitas Solutions Stock Price, Price Target & More

Civitas Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "CIVI."

Civitas Solutions announced that its board has initiated a stock buyback program on Friday, February 9th 2018, which permits the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

Civitas Solutions Inc (NYSE:CIVI) issued its quarterly earnings results on Thursday, May, 10th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.13 by $0.24. The firm earned $392.80 million during the quarter, compared to the consensus estimate of $397 million. Civitas Solutions had a return on equity of 23.72% and a net margin of 0.23%. The company's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the company posted $0.15 earnings per share. View Civitas Solutions' Earnings History.

Civitas Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Civitas Solutions.

5 brokerages have issued 12 month price objectives for Civitas Solutions' stock. Their forecasts range from $19.00 to $21.00. On average, they anticipate Civitas Solutions' stock price to reach $20.00 in the next year. This suggests a possible upside of 25.0% from the stock's current price. View Analyst Ratings for Civitas Solutions.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Civitas Solutions in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Civitas Solutions include Chemed (CHE), Amedisys (AMED), LHC Group (LHCG), Addus Homecare (ADUS), BioScrip (BIOS) and New York Health Care (BBAL).

News articles about CIVI stock have trended somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Civitas Solutions earned a media sentiment score of 0.06 on Accern's scale. They also assigned headlines about the company an impact score of 45.47 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Shares of CIVI 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, Scottrade, Fidelity and Charles Schwab.

One share of CIVI stock can currently be purchased for approximately $16.00.

Civitas Solutions has a market capitalization of $599.60 million and generates $1.47 billion in revenue each year. The company earns $6.33 million in net income (profit) each year or $0.71 on an earnings per share basis. Civitas Solutions employs 22,900 workers across the globe.

Civitas Solutions' mailing address is 313 CONGRESS STREET 6TH FLOOR, BOSTON MA, 02210. The company can be reached via phone at 617-790-4800 or via email at [email protected]