Dougherty & Co Reiterates a 'Buy' on HMS Holdings (HMSY); Raising Estimates on Multiple Growth Opportunities
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Price: $36.98 --0%
Rating Summary:
5 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 14 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Dougherty & Co reiterates a 'Buy' on HMS Holdings (NASDAQ: HMSY) price target of $41.00 (from $37.00).
Analyst, Deepak Chaulagai, said, "HMSY reported strong results in Q2 FY12 while investing for growth in coming years. Investments made in 2012 should allow HMS to capitalize on the multiple opportunities available now that the SCOTUS has made a favorable ruling on the ACA . These opportunities include but not limited to Medicaid expansion, Medicaid RAC (recovery audit contractor), Medicare RAC, Commercial PI (Program Integrity), and healthcare exchanges."
FY12 EPS from raised from $0.91 to $0.92. FY13 revenue/EPS raised from $587.4M/$1.14 to $592.8M/$1.19. FY14 revenue/EPS raised from $706M/$1.49 to $720.3M/$1.55.
For an analyst ratings summary and ratings history on HMS Holdings click here. For more ratings news on HMS Holdings click here.
Shares of HMS Holdings closed at $34.35 yesterday.
Analyst, Deepak Chaulagai, said, "HMSY reported strong results in Q2 FY12 while investing for growth in coming years. Investments made in 2012 should allow HMS to capitalize on the multiple opportunities available now that the SCOTUS has made a favorable ruling on the ACA . These opportunities include but not limited to Medicaid expansion, Medicaid RAC (recovery audit contractor), Medicare RAC, Commercial PI (Program Integrity), and healthcare exchanges."
FY12 EPS from raised from $0.91 to $0.92. FY13 revenue/EPS raised from $587.4M/$1.14 to $592.8M/$1.19. FY14 revenue/EPS raised from $706M/$1.49 to $720.3M/$1.55.
For an analyst ratings summary and ratings history on HMS Holdings click here. For more ratings news on HMS Holdings click here.
Shares of HMS Holdings closed at $34.35 yesterday.
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