Stock Showing Surging Activity: Envision Healthcare Corporation (NYSE:EVHC)

Envision Healthcare Corporation (NYSE:EVHC)

Canaccord Genuity Downgrades Envision Healthcare Corporation (NYSE:EVHC)’s stock to Hold with the price target of $46. This rating was issued on 6/13/18. The stock recently closed its previous session at $45.99 by showing a percentage change of 0.02% from its previous day closing price of $45.98.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Envision Healthcare Corporation (NYSE:EVHC) in which Canaccord Genuity Downgrades Envision Healthcare Corporation (NYSE:EVHC) to Hold by settling a price target of $46 on 6/12/18. Raymond James Downgrades the stock to Market Perform on 6/12/18 with no specific Price Target. Canaccord Genuity Maintains the company’s stock to Buy on 5/09/18 by setting a price target of $48. Canaccord Genuity Maintains Envision Healthcare Corporation (NYSE:EVHC) to Buy with a price target of $46.

Envision Healthcare Corporation (NYSE:EVHC) currently has a consensus Price Target of $46. While some analysts have a High Price target for the stock of $46 and a Low Price Target of $46.

Several sell side analysts reviewed their recommendations on Envision Healthcare Corporation (NYSE:EVHC) where 2 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 9 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.82. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, Envision Healthcare Corporation (NYSE:EVHC) reported its Actual EPS of $0.92/share. The analysts offering Earnings Estimates for the company were believing that Envision Healthcare Corporation (NYSE:EVHC) could bring EPS of $0.87/share. The difference between Actual EPS and Estimated EPS was 0.05 Percent. Thus the company showed an Earnings Surprise of 5.7 Percent.

Envision Healthcare Corporation (NYSE:EVHC) has a market capitalization of 5.52 Billion. The stock traded with the volume of 9.69 Million shares in the last trading session. The stock touched its high share price of $46.00 on 10/10/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 11/13/17 as $23.77. The company has a 1 Year high price target of $45.9. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of 0.51%. The Moving Average SMA50 is 1.53% while SMA200 is 11.74%.

Envision Healthcare Corporation (NYSE:EVHC) is currently showing its ROA (Return on Assets) of -11.6%. The Return on Investment (ROI) is at 0.7% while it’s Return on Equity (ROE) value stands at -29.4%. The stock currently shows its YTD (Year to Date) performance of 33.07 percent while its Weekly performance value is 0.15%. The Monthly and Yearly performances are 1.23 percent and 8.52 percent respectively. The Relative Volume value measured for Envision Healthcare Corporation (NYSE:EVHC) is 4.58. The Average Volume (3 months) is 2.11 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. EVHC has P/E (Price to Earnings ttm) value of 0, Forward P/E of 11.34, P/C (Price to cash per share) of 9.4 and Price to Free Cash Flow (P/FCF) value of 17.41. The stock is showing its Operating Margin of -22.3 percent.

Company Profile:

Envision Healthcare Corporation provides healthcare services. It offers physician-led services, ambulatory surgery centre management, post-acute care and medical transportation. Envision Healthcare Corporation, formerly known as AMSURG Corp., is based in Nashville, United States.