Mizuho Just Issued “Neutral” Rating on LifePoint Health Inc (LPNT)

LifePoint Health Inc (LPNT) was Reiterated by Mizuho to “Neutral” according to the research note released today. The brokerage firm has raised the Price Target to $ 57 from a previous price target of $50 . Mizuho advised their Clients and Investors in a research report released on Feb 21, 2017.

Based on several research reports , LifePoint Health Inc was Initiated by Piper Jaffray to “Neutral” on Jan 4, 2017.

On the company’s financial health, LifePoint Health Inc reported $1.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 17, 2017. Analyst had a consensus of $1.07. The company had revenue of $1605.20 million for the quarter, compared to analysts expectations of $1633.21 million. The company’s revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS.

Several company insiders have filed Insider transactions , on May 27, 2016, John E Jr D D S Maupin (director) sold 3,800 shares at $67.32 per share price. According to the SEC, on Feb 19, 2016, Gregory T. Bier (director) sold 2,149 shares at $63.00 per share price. On Aug 7, 2015, Leif M. Murphy (EVP, CFO and CDO) sold 334 shares at $86.03 per share price, according to the Form-4 filing with the securities and exchange commission.

LifePoint Health Inc opened for trading at $69.95 and hit $70.95 on the upside on Friday, eventually ending the session at $63.9, with a gain of 1.51% or 0.95 points. The heightened volatility saw the trading volume jump to 9,43,150 shares. Company has a market cap of $2,566 M.

LifePoint Health Inc. formerly LifePoint Hospitals Inc. provides healthcare services. Through its subsidiaries the Company operates general acute care hospitals primarily in non-urban communities in the United States. Its hospitals provide a range of medical and surgical services in hospitals in non-urban markets. The Company’s services include general surgery internal medicine obstetrics emergency room care radiology oncology diagnostic care coronary care rehabilitation services and pediatric services. In some of its hospitals the Company offers services such as open-heart surgery skilled nursing psychiatric care and neuro-surgery. LifePoint provides outpatient services such as same-day surgery laboratory x-ray respiratory therapy imaging sports medicine and lithotripsy. The Company operates approximately 67 hospital campuses in 21 states having a total of approximately 8254 licensed beds.

LifePoint Health Inc

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