Quorum Health Corporation is an operator and manager of general acute care hospitals and outpatient services in the United States. The Company operates in two segments: Hospital operations, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services, and hospital management advisory and consulting services, which includes Quorum Health Resources, LLC (QHR). It operates QHR, which is a hospital management advisory and consulting services that provides services to non-affiliated general acute care hospitals. Its hospitals and its affiliated businesses offer services, such as general acute care, emergency room, general and specialty surgery and rehabilitation services. On April 1, 2016, Community Health Systems, Inc. announced that its board of directors has approved the distribution to its stockholders of 100% of the common stock of a new, independent publicly traded company, Quorum Health Corporation.
Industry, Sector and Symbol:
- Sector: Medical
- Industry: Hospitals, Clinics & Primary Care Services
- Sub-Industry: N/A
- Symbol: NYSE:QHC
- CUSIP: N/A
- Web: www.quorumhealth.com
Capitalization:- Market Cap: $128.46 million
- Outstanding Shares: 30,297,000
Average Prices:- 50 Day Moving Avg: $3.70
- 200 Day Moving Avg: $5.20
- 52 Week Range: $2.54 - $9.46
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -14.62
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $2.12 billion
- Price / Sales: 0.06
- Book Value: $4.85 per share
- Price / Book: 0.87
Profitability:- EBIDTA: $90 million
- Net Margins: -7.13%
- Return on Equity: -61.90%
- Return on Assets: -6.46%
Debt:- Debt-to-Equity Ratio: 8.07%
- Current Ratio: 1.82%
- Quick Ratio: 1.68%
Misc:- Average Volume: 450,559 shs.
- Beta: 9.5
- Short Ratio: 6.09
Frequently Asked Questions for Quorum Health Corporation (NYSE:QHC)
What is Quorum Health Corporation's stock symbol?
Quorum Health Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "QHC."
How were Quorum Health Corporation's earnings last quarter?
Quorum Health Corporation (NYSE:QHC) released its quarterly earnings results on Wednesday, August, 9th. The company reported ($0.42) earnings per share for the quarter, beating analysts' consensus estimates of ($0.66) by $0.24. The company had revenue of $530.15 million for the quarter, compared to analyst estimates of $513.50 million. Quorum Health Corporation had a negative net margin of 7.13% and a negative return on equity of 61.90%. The firm's revenue was up .1% on a year-over-year basis. During the same period last year, the firm earned ($0.82) earnings per share. View Quorum Health Corporation's Earnings History.
When will Quorum Health Corporation make its next earnings announcement?
Where is Quorum Health Corporation's stock going? Where will Quorum Health Corporation's stock price be in 2017?
5 brokerages have issued twelve-month price objectives for Quorum Health Corporation's stock. Their predictions range from $3.00 to $6.00. On average, they expect Quorum Health Corporation's share price to reach $4.13 in the next year. View Analyst Ratings for Quorum Health Corporation.
Who are some of Quorum Health Corporation's key competitors?
Some companies that are related to Quorum Health Corporation include Idera Pharmaceuticals (IDRA), Bellicum Pharmaceuticals (BLCM), Curis (CRIS), Syndax Pharmaceuticals (SNDX), Advaxis (ADXS), Strongbridge Biopharma PLC (SBBP), Pharming Group (PHGUF), DURECT Corporation (DRRX), Enzymotec (ENZY), Nabriva Therapeutics AG (NBRV), Catalyst Pharmaceuticals (CPRX), Aratana Therapeutics (PETX), Voyager Therapeutics (VYGR), uniQure N.V. (QURE), Fortress Biotech (FBIO), Helius Medical Technologies (HSDT), AAC Holdings (AAC) and Ardelyx (ARDX).
Who owns Quorum Health Corporation stock?
Quorum Health Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include
KKR CREDIT ADVISORS (US) LLC
(9.40%), Goldman Sachs Group Inc. (7.85%), Vanguard Group Inc. (4.50%), Dimensional Fund Advisors LP (4.35%), Silver Point Capital L.P. (3.85%) and JPMorgan Chase & Co. (2.31%). Company insiders that own Quorum Health Corporation stock include James T Breedlove, Michael J Culotta, Ray Harold Mccard Jr, Shaheed Koury, Thomas Daniel Miller, William M Gracey and William S Hussey. View Institutional Ownership Trends for Quorum Health Corporation.
Who sold Quorum Health Corporation stock? Who is selling Quorum Health Corporation stock?
Quorum Health Corporation's stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., State Street Corp, Northern Trust Corp, Acadian Asset Management LLC, Vanguard Group Inc., TIAA CREF Investment Management LLC, Bank of New York Mellon Corp and Sound Point Capital Management LP. View Insider Buying and Selling for Quorum Health Corporation.
Who bought Quorum Health Corporation stock? Who is buying Quorum Health Corporation stock?
Quorum Health Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Pentwater Capital Management LP, Silver Point Capital L.P., Dimensional Fund Advisors LP, Marshall Wace North America L.P., Menta Capital LLC, IndexIQ Advisors LLC and FMR LLC. Company insiders that have bought Quorum Health Corporation stock in the last two years include James T Breedlove, Michael J Culotta, Ray Harold Mccard Jr, Shaheed Koury, Thomas Daniel Miller, William M Gracey and William S Hussey. View Insider Buying and Selling for Quorum Health Corporation.
How do I buy Quorum Health Corporation stock?
Shares of Quorum Health Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Quorum Health Corporation's stock price today?
One share of Quorum Health Corporation stock can currently be purchased for approximately $4.24.
MarketBeat Community Rating for Quorum Health Corporation (NYSE QHC)MarketBeat's community ratings are surveys of what our community members think about Quorum Health Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Quorum Health Corporation (NYSE:QHC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 4 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.80) |
| Consensus Price Target: | $4.13 (2.71% downside) |
Analysts' Ratings History for Quorum Health Corporation (NYSE:QHC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/14/2017 | Deutsche Bank AG | Boost Price Target | Hold | $3.00 -> $3.50 | Low |  |
| 8/14/2017 | Credit Suisse Group | Boost Price Target | Neutral | $3.00 -> $4.00 | Low | |
| 6/6/2017 | Morgan Stanley | Initiated Coverage | Underweight -> Underweight | $3.00 | Medium | |
| 1/3/2017 | Royal Bank Of Canada | Reiterated Rating | Hold | $6.00 | N/A | |
| 8/23/2016 | Mizuho | Reiterated Rating | Neutral | | N/A | |
| 6/8/2016 | Susquehanna Bancshares Inc | Initiated Coverage | Neutral | $11.00 | N/A | |
| 5/23/2016 | Avondale Partners | Initiated Coverage | Market Perform | $14.00 | N/A | |
(Data available from 8/17/2015 forward)
Earnings History for Quorum Health Corporation (NYSE:QHC)Earnings History by Quarter for Quorum Health Corporation (NYSE QHC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/8/2017 | | | | | | | | |
| 8/9/2017 | Q2 2017 | ($0.66) | ($0.42) | $513.50 million | $530.15 million | View | Listen | |
| 5/15/2017 | Q1 2017 | ($0.49) | ($0.85) | $548.81 million | $527.60 million | View | N/A | |
| 3/29/2017 | Q4 2016 | ($0.21) | ($0.53) | $551.46 million | $515.20 million | View | N/A | |
| 8/10/2016 | Q2 | $0.11 | ($8.63) | $564.19 million | $529.70 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Quorum Health Corporation (NYSE:QHC)Current Year EPS Consensus Estimate: $-1.46 EPS
Next Year EPS Consensus Estimate: $-0.29 EPS
Dividend History for Quorum Health Corporation (NYSE:QHC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Quorum Health Corporation (NYSE:QHC)Insider Ownership Percentage: 4.70%
Institutional Ownership Percentage: 88.36%
Insider Trades by Quarter for Quorum Health Corporation (NYSE:QHC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/25/2017 | Shaheed Koury | SVP | Buy | 8,500 | $3.56 | $30,260.00 | |
| 5/18/2017 | Ray Harold Mccard Jr | SVP | Buy | 4,000 | $2.67 | $10,680.00 | |
| 5/18/2017 | Thomas Daniel Miller | Insider | Buy | 185,000 | $2.85 | $527,250.00 | |
| 8/15/2016 | Michael J Culotta | CFO | Buy | 80,000 | $5.98 | $478,400.00 | |
| 8/15/2016 | Ray Harold Mccard Jr | SVP | Buy | 8,545 | $5.84 | $49,902.80 | |
| 8/15/2016 | Thomas Daniel Miller | Insider | Buy | 48,200 | $5.85 | $281,970.00 | |
| 8/15/2016 | William S Hussey | Director | Buy | 5,000 | $5.83 | $29,150.00 | |
| 5/31/2016 | Shaheed Koury | SVP | Buy | 8,000 | $13.29 | $106,320.00 | |
| 5/25/2016 | William M Gracey | Director | Buy | 10,000 | $12.45 | $124,500.00 | |
| 5/20/2016 | James T Breedlove | Director | Buy | 20,000 | $11.92 | $238,400.00 | |
| 5/18/2016 | Thomas Daniel Miller | CEO | Buy | 50,000 | $11.42 | $571,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Quorum Health Corporation (NYSE:QHC)
Latest Headlines for Quorum Health Corporation (NYSE:QHC)
| Source: |
|
| Date | Headline |
|---|
 | Quorum Health Corp. :QHC-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 17 at 7:12 AM |
 | Credit Suisse Group Raises Quorum Health Corporation (QHC) Price Target to $4.00
www.americanbankingnews.com - August 14 at 11:34 AM |
| Quorum Health Corporation (NYSE:QHC) Price Target Raised to $3.50 at Deutsche Bank AG
www.americanbankingnews.com - August 14 at 11:34 AM |
| Quorum Health Corporation (QHC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - August 11 at 11:32 PM |
| Edited Transcript of QHC earnings conference call or presentation 10-Aug-17 3:00pm GMT
finance.yahoo.com - August 11 at 7:50 AM |
| Quorum Health Corporation Announces Second Quarter 2017 Operating Results
finance.yahoo.com - August 10 at 7:11 AM |
| Quorum Health Corporation (NYSE:QHC) Announces Quarterly Earnings Results, Beats Expectations By $0.24 EPS
www.americanbankingnews.com - August 9 at 11:38 PM |
| Quorum Health Corporation (NYSE:QHC) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - August 3 at 11:27 AM |
| Head to Head Comparison: Quorum Health Corporation (QHC) vs. BioScrip (BIOS)
www.americanbankingnews.com - July 30 at 12:20 PM |
| Head to Head Comparison: Envision Healthcare Corp (AMSG) & Quorum Health Corporation (NYSE:QHC)
www.americanbankingnews.com - July 29 at 7:21 AM |
| Quorum Health Corporation to Broadcast Second Quarter 2017 Conference Call Live on the Internet
finance.yahoo.com - July 28 at 7:06 AM |
| Head-To-Head Comparison: Quorum Health Corporation (NYSE:QHC) and BioScrip (BIOS)
www.americanbankingnews.com - July 24 at 9:29 AM |
| Quorum Health Corporation (QHC) Lifted to "Buy" at Zacks Investment Research
www.americanbankingnews.com - July 22 at 7:53 AM |
| Quorum Health Corporation (NYSE:QHC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 17 at 11:14 PM |
| Quorum Health Corporation Announces Letter of Intent to Divest Alabama Hospital
finance.yahoo.com - July 12 at 7:20 AM |
| The Ensign Group (ENSG) vs. Quorum Health Corporation (QHC) Critical Review
www.americanbankingnews.com - July 4 at 8:17 AM |
| Quorum Health Corporation Completes Sale of Hospital in Augusta, Georgia
finance.yahoo.com - July 1 at 6:51 AM |
| ETFs with exposure to Quorum Health Corp. : June 27, 2017
finance.yahoo.com - June 27 at 7:29 PM |
| Quorum Health Corp (QHC) & U.S. Physical Therapy (USPH) Head to Head Survey
www.americanbankingnews.com - June 27 at 6:22 PM |
| Quorum Health Corporation (QHC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 20 at 8:44 PM |
 | Quorum Health (QHC) Presents At Jefferies 2017 Global Healthcare Conference - Slideshow
seekingalpha.com - June 9 at 1:18 AM |
| Quorum Health Corporation Announces Definitive Agreement to Divest Two Hospitals in Pennsylvania
finance.yahoo.com - June 7 at 7:24 PM |
| What Quorum Health Stands To Lose If The GOP Health Reform Bill Passes
finance.yahoo.com - June 6 at 8:24 PM |
| Quorum Health Corp (QHC) Now Covered by Analysts at Morgan Stanley
www.americanbankingnews.com - June 6 at 5:32 PM |
| ETFs with exposure to Quorum Health Corp. : June 5, 2017
finance.yahoo.com - June 5 at 8:03 PM |
| Quorum Health Corporation to Participate in Jefferies 2017 Global Healthcare Conference
finance.yahoo.com - May 30 at 7:07 PM |
| ETFs with exposure to Quorum Health Corp. : May 26, 2017
finance.yahoo.com - May 27 at 3:18 AM |
| Quorum Health Corp (QHC) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 26 at 9:05 PM |
| Quorum Health Corp (QHC) SVP Shaheed Koury Purchases 8,500 Shares
www.americanbankingnews.com - May 25 at 8:29 PM |
| Quorum Health (QHC) Presents At UBS Global Healthcare Conference - Slideshow
seekingalpha.com - May 24 at 7:49 PM |
| Quorum Health Corp. :QHC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 24, 2017
finance.yahoo.com - May 24 at 9:55 AM |
| What's Behind Community Health's Strength in 2017?
finance.yahoo.com - May 19 at 12:16 PM |
| Quorum Health Corp (QHC) Insider Thomas Daniel Miller Purchases 185,000 Shares
www.americanbankingnews.com - May 18 at 10:23 PM |
| Quorum Health Corp (QHC) SVP Buys $10,680.00 in Stock
www.americanbankingnews.com - May 18 at 1:32 PM |
| Quorum Health Corporation to Participate in UBS Global Healthcare Conference
finance.yahoo.com - May 18 at 9:17 AM |
| Credit Suisse Group AG Reaffirms "Neutral" Rating for Quorum Health Corp (QHC)
www.americanbankingnews.com - May 17 at 1:32 PM |
| CORRECTING and REPLACING Quorum Health Corporation Announces Definitive Agreement to Divest Two Hospitals in Tennessee
finance.yahoo.com - May 16 at 7:06 PM |
| Edited Transcript of QHC earnings conference call or presentation 15-May-17 3:00pm GMT
finance.yahoo.com - May 16 at 9:40 AM |
| Quorum Health Corporation's (QHC) CEO Tom Miller on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 15 at 6:39 PM |
| ETFs with exposure to Quorum Health Corp. : May 15, 2017
finance.yahoo.com - May 15 at 6:39 PM |
| Quorum Health Corp (QHC) Issues Quarterly Earnings Results, Misses Expectations By $0.36 EPS
www.americanbankingnews.com - May 15 at 10:56 AM |
| Quorum Health Corporation Announces First Quarter 2017 Operating Results
finance.yahoo.com - May 15 at 9:43 AM |
| Quorum Health Corporation Announces Definitive Agreement to Divest Two Hospitals in Tennessee
finance.yahoo.com - May 12 at 8:12 PM |
| Quorum Health Corporation to Participate in Bank of America Merrill Lynch 2017 Health Care Conference
finance.yahoo.com - May 10 at 11:21 AM |
 | 10-Q: COMMUNITY HEALTH SYSTEMS INC
www.marketwatch.com - May 4 at 8:33 AM |
| ETFs with exposure to Quorum Health Corp. : May 3, 2017
finance.yahoo.com - May 3 at 7:34 PM |
| Moody's Liquidity-Stress Index down again in April; liquidity checks defaults among spec-grade companies
finance.yahoo.com - May 2 at 9:54 AM |
| Quorum Health Corp (QHC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 1 at 10:30 PM |
| Quorum Health Corporation to Broadcast First Quarter 2017 Conference Call Live on the Internet
finance.yahoo.com - May 1 at 6:45 PM |
| Quorum Health Corporation -- Moody's confirms Quorum Health's B3 CFR; outlook negative
finance.yahoo.com - April 26 at 5:52 PM |
Quorum Health Corporation (QHC) Chart for Thursday, August, 17, 2017
