Jefferies Maintains a 'Hold' on Almost Family (AFAM); Feeling Better About The Future
Get Alerts AFAM Hot Sheet
Price: $56.00 --0%
Rating Summary:
1 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
1 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Jefferies maintains a 'Hold' on Almost Family (NASDAQ: AFAM) price target raised from $18 to $26.
Analyst, Arthur I. Henderson, said, "We share the optimism for 2012 that AFAM mgmt expressed on their Q4 call. As we look out to the rest of the year, we expect (1) reimbursement noise to taper, (2) volumes to stabilize, (3) issues in the company's FL operations to dissipate, and (4) mgmt to pursue accretive, acquisitions. And while these factors could yield incremental share upside, we're staying on the sidelines to wait for a better entry point."
Jefferies raises FY12 EPS estimate from $1.66 to $1.77 and FY13 from $1.68 to $1.73.
For an analyst ratings summary and ratings history on Almost Family click here. For more ratings news on Almost Family click here.
Shares of Almost Family closed at $25.52 yesterday.
Analyst, Arthur I. Henderson, said, "We share the optimism for 2012 that AFAM mgmt expressed on their Q4 call. As we look out to the rest of the year, we expect (1) reimbursement noise to taper, (2) volumes to stabilize, (3) issues in the company's FL operations to dissipate, and (4) mgmt to pursue accretive, acquisitions. And while these factors could yield incremental share upside, we're staying on the sidelines to wait for a better entry point."
Jefferies raises FY12 EPS estimate from $1.66 to $1.77 and FY13 from $1.68 to $1.73.
For an analyst ratings summary and ratings history on Almost Family click here. For more ratings news on Almost Family click here.
Shares of Almost Family closed at $25.52 yesterday.
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