NYSE:COTV - Cotiviti Stock Price, Price Target & More

Cotiviti trades on the New York Stock Exchange (NYSE) under the ticker symbol "COTV."

Cotiviti Holdings Inc (NYSE:COTV) released its earnings results on Tuesday, May, 1st. The business services provider reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.01. The business services provider had revenue of $219.03 million for the quarter, compared to the consensus estimate of $176.15 million. Cotiviti had a net margin of 22.39% and a return on equity of 12.68%. The company's revenue was up 36.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.34 EPS. View Cotiviti's Earnings History.

Cotiviti is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Cotiviti.

11 brokers have issued twelve-month price objectives for Cotiviti's shares. Their forecasts range from $24.00 to $48.00. On average, they expect Cotiviti's share price to reach $35.7750 in the next twelve months. This suggests that the stock has a possible downside of 19.4%. View Analyst Ratings for Cotiviti.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cotiviti in the last year. There are currently 11 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Cotiviti saw a drop in short interest during the month of June. As of June 15th, there was short interest totalling 750,408 shares, a drop of 33.5% from the May 31st total of 1,128,164 shares. Based on an average daily trading volume, of 824,850 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.9% of the shares of the stock are sold short. View Cotiviti's Current Options Chain.

Some companies that are related to Cotiviti include Mercadolibre (MELI), Total System Services (TSS), Worldpay (WP), CoStar Group (CSGP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), CIELO S A/S (CIOXY), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), Nielsen (NLSN), GrubHub (GRUB), The Western Union (WU) and CDK Global (CDK).

(COTV) raised $225 million in an initial public offering (IPO) on Thursday, May 26th 2016. The company issued 12,500,000 shares at $17.00-$19.00 per share. Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and Barclays, Citigroup, Credit Suisse, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, Baird and William Blair were co-managers.

Press coverage about COTV stock has been trending somewhat positive on Monday, Accern reports. The research group ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cotiviti earned a daily sentiment score of 0.24 on Accern's scale. They also gave press coverage about the business services provider an impact score of 46.73 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Cotiviti's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Fred Alger Management Inc. (0.37%), Chicago Capital LLC (0.37%), Boston Advisors LLC (0.32%), FormulaFolio Investments LLC (0.02%), Conestoga Capital Advisors LLC (0.02%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Cotiviti stock include David Beaulieu, Douglas Present, Elizabeth Connolly Alexander, International Corp/Ma Advent, J Douglas Williams, James E Parisi, Jonathan Olefson and Lawrence Connolly. View Institutional Ownership Trends for Cotiviti.

COTV stock was sold by a variety of institutional investors in the last quarter, including Fred Alger Management Inc., Boston Advisors LLC, Conestoga Capital Advisors LLC and FormulaFolio Investments LLC. Company insiders that have sold Cotiviti company stock in the last year include David Beaulieu, Elizabeth Connolly Alexander, International Corp/Ma Advent, J Douglas Williams, James E Parisi and Jonathan Olefson. View Insider Buying and Selling for Cotiviti.

COTV stock was acquired by a variety of institutional investors in the last quarter, including Chicago Capital LLC, Nisa Investment Advisors LLC, Sphinx Trading LP, Amalgamated Bank and Bank of Montreal Can. View Insider Buying and Selling for Cotiviti.

Shares of COTV 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 COTV stock can currently be purchased for approximately $44.41.

Cotiviti has a market capitalization of $4.13 billion and generates $678.66 million in revenue each year. The business services provider earns $138.20 million in net income (profit) each year or $1.42 on an earnings per share basis. Cotiviti employs 3,300 workers across the globe.

Cotiviti's mailing address is One Glenlake Parkway Suite 1400, ATLANTA GA, 30328. The business services provider can be reached via phone at 770-379-2800 or via email at [email protected]