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  • Tivity Health (NASDAQ:TVTY) Stock Rating Upgraded by Zacks Investment Research

    Tivity Health (NASDAQ:TVTY) Stock Rating Upgraded by Zacks Investment Research


    Tivity Health (NASDAQ:TVTY – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.

    According to Zacks, “Tivity Health, Inc. provides health management services. The company offers services which include chiropractic services, physical therapy, occupational therapy, speech therapy, acupuncture, massage and complementary and alternative medicine services. Its network comprises SilverSneakers(R), Prime(R) Fitness and WholeHealth Living (TM). Tivity Health, Inc., formerly known as Healthways, Inc., is based in Franklin, Tennessee. “

    Other analysts have also issued reports about the company. StockNews.com started coverage on Tivity Health in a research note on Thursday, March 31st. They set a “hold” rating on the stock. William Blair reissued a “market perform” rating on shares of Tivity Health in a research note on Thursday, February 24th. Credit Suisse Group lifted their price target on Tivity Health from $29.00 to $31.00 and gave the company a “neutral” rating in a research note on Friday, March 11th. Finally, Barrington Research lowered Tivity Health from an “outperform” rating to a “market perform” rating in a research note on Tuesday, April 5th. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $30.67.

    NASDAQ:TVTY traded up $0.07 during trading hours on Wednesday, hitting $32.28. The company’s stock had a trading volume of 6,543 shares, compared to its average volume of 763,603. The stock has a fifty day simple moving average of $31.59 and a 200-day simple moving average of $28.04. The company has a market capitalization of $1.61 billion, a P/E ratio of 18.88, a PEG ratio of 1.80 and a beta of 2.14. The company has a debt-to-equity ratio of 2.97, a current ratio of 2.47 and a quick ratio of 2.24. Tivity Health has a twelve month low of $21.25 and a twelve month high of $32.89.

    Tivity Health (NASDAQ:TVTY – Get Rating) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.02). Tivity Health had a net margin of 17.25{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} and a return on equity of 75.94{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c}. The business had revenue of $127.51 million during the quarter, compared to analyst estimates of $132.21 million. During the same period last year, the business earned $0.40 earnings per share. The business’s quarterly revenue was up 18.0{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} compared to the same quarter last year. On average, equities analysts predict that Tivity Health will post 1.78 EPS for the current fiscal year.

    A number of hedge funds have recently modified their holdings of the business. Morgan Stanley increased its holdings in shares of Tivity Health by 336.2{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} during the third quarter. Morgan Stanley now owns 3,503,870 shares of the company’s stock valued at $80,798,000 after acquiring an additional 2,700,648 shares in the last quarter. Norges Bank bought a new stake in shares of Tivity Health during the fourth quarter valued at approximately $16,828,000. BlackRock Inc. increased its holdings in shares of Tivity Health by 7.3{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} during the third quarter. BlackRock Inc. now owns 6,937,974 shares of the company’s stock valued at $159,989,000 after acquiring an additional 474,654 shares in the last quarter. Patient Capital Management LLC bought a new stake in shares of Tivity Health during the fourth quarter valued at approximately $9,106,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Tivity Health by 107.5{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} during the first quarter. JPMorgan Chase & Co. now owns 557,828 shares of the company’s stock valued at $17,945,000 after acquiring an additional 288,972 shares in the last quarter. Institutional investors and hedge funds own 91.54{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of the company’s stock.

    Tivity Health Company Profile (Get Rating)

    Tivity Health, Inc provides fitness and health products and solutions in the United States. The company offers SilverSneakers to members of Medicare Advantage, Medicare Supplement, and group retiree plans; Prime Fitness, a fitness facility access program through commercial health plans, employers, and other sponsoring organizations; virtual fitness experiences, including live instructor-led classes; and WholeHealth living program, a continuum of services related to complementary, alternative, and physical medicine.

    See Also

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    Analyst Recommendations for Tivity Health (NASDAQ:TVTY)



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  • Public Health Committee hears update on million child care investment

    Public Health Committee hears update on $11 million child care investment

    Monday, April 18, 2022 by Kali Bramble

    Staff associates major city and county efforts to increase youngster care companies gave Metropolis Council’s General public Health Committee an update previous Wednesday on the impacts of last year’s spending budget cycle. 

    Last summer months, Council permitted the financial commitment of $11 million in federal grant cash into baby care providers as part of its 2021-22 price range. Kid treatment scholarship systems, necessary worker hazard spend and community pre-K programs will all reward from the influx of funding, which involves an more $4.6 million from Travis County.

    “Child treatment is the solitary best cost to households in Austin at the rear of housing,” Good results by Six Coalition Vice President Cathy McHorse mentioned. “Access to boy or girl treatment can empower families to operate, and remain in their residences properly.” 

    All-around 1,700 little ones are at present on the waitlist to obtain sponsored care as a result of Workforce Methods Money Region, which channels federal, point out and local funding into youngster care programs for very low to reasonable-profits family members in Austin. Personnel hopes that the $1,965,104 in town funding will assistance to tackle this hole in sources, permitting for 300 much more young children to go into backed treatment in the coming months. Moreover, Travis County strategies to make investments $906,399 of its individual price range into the plan.

    Existing whole-working day pre-K courses in AISD are slated to obtain $902,075 in funding pending Council approval in May. Dual-language pre-K programs in Del Valle, which currently provide about 53 learners, are set to get $750,000, together with $250,000 from Travis County.

    American Rescue Program Act bucks will also go towards company possibilities outside of community college school rooms via a “mixed delivery system” that supports partnering businesses in the kid care sector. Funding in the volume of $500,000 from the city of Austin and $250,000 from Travis County will fund dwelling-centered boy or girl care alternatives, and an supplemental $750,000 will prop up administration infrastructure, permitting the metropolis to assist 40 youngster care centers with administrative providers this sort of as human sources help, accounting and navigating regulatory procedures. 

    United Way for Greater Austin will also continue on using partnerships with pre-K suppliers to leverage condition funding from the Texas Workforce Commission, bolstered by $713,000 in funding authorised by Council this past February.

    “Through this model, United Way serves as a shared solutions hub,” McHorse reported. “Our product has been an case in point for the condition of Texas, who has now invested $26 million in staffing throughout the point out to try out and increase this design of pre-K partnerships.”

    Austin Public Wellness claimed that staffing shortages keep on to strain the kid treatment process in the wake of the Covid-19 pandemic, with 73 {fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of companies reporting vacancies and above 50 percent restricting several hours of procedure as a consequence. APH hopes that improved pay and sponsored higher-training plans will help to reinvigorate this critical workforce, with $765,945 towards crucial worker pay out and $157,000 awarded by using scholarship to furthering the training of incoming little one treatment provider suppliers.

    Council members expressed interest in exploring dedicated earnings sources that would deliver much more consistent funding to the little one care sector in the a long time to arrive.

    “I would say we could glance to San Antonio as an instance,” McHorse said. “They’ve laid out a process the place they’ve implemented an 18-cent revenue tax … we would just need to do some fiscal mapping and value modeling to ascertain what those people likely funding resources could be.” 

    All those fascinated in a much more detailed breakdown of ARPA little one treatment investments can examine more here.

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  • Healthcare innovation, digital health rake in big investment dollars in Q3

    Healthcare innovation, digital health rake in big investment dollars in Q3

    Now that the third quarter of 2021 has finished and the enterprise reviews are coming in, one matter is sure: Buyers are continuing to wager significant on healthcare innovation.

    In reality, buyers have poured a lot more into health care this yr – $97.1 billion – than any other marketplace, according to CB Insights’ Point out of Enterprise Q3’21 Report. It has collected 22{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of the overall volume raised so much in 2021.

    For Q3 alone, healthcare raked in $30.5 billion, which is a slight minimize from the $33.9 billion elevated in Q2 this calendar year, in accordance to the CB Insights report. Nevertheless, this quarter’s funding was much more than any other quarter prior to this calendar year.

    Inspite of the dip in the sum raised, health care completed the most funding rounds this quarter to day. The business closed 1,901 promotions in Q3, up from 1,649 previous quarter.

    The CB Insights report also mentioned that there have now been far more health care mergers and acquisitions this calendar year than all of 2020 (1,822 in comparison to 1,713).

    Whilst the CB Insights report took a look at the total scope of health care, Rock Wellbeing posted its quarterly investigation of electronic overall health.

    What’s THE Effects?

    The report highlights that 2021 electronic health and fitness funding has currently arrived at $21.3 billion across 541 bargains, with an typical deal dimensions of $39.4 million.

    In Q3 alone, electronic wellness scored $6.7 billion across 169 promotions, in accordance to Rock Health. This quarter expert a dip, in contrast to Q2’s history-breaking $8.2 billion in funding throughout 223 discounts.

    The report says the decline can be attributed to much less deals completed as perfectly as less mega discounts (rounds really worth $100 million or more). The preceding two quarters had 22 and 25 respective mega deals in comparison to just 15 in Q3.

    Across the board, electronic wellness offer dimensions so considerably this year are the biggest they’ve ever been, according to the report. Average funding has more than doubled given that 2017 for Series A, B and C+ rounds in 2021.

    “To place this in viewpoint, this year’s normal digital wellbeing company’s Sequence A raise ($18M) exceeds the normal Series B raise in 2017 ($17M),” the authors explained in the report. “In other words and phrases, A is the new B.”

    As for where buyers are putting their funds, some things remained the exact same in Q3 2021, but there are also some emerging tendencies, according to Rock Health and fitness.

    Digital wellness organizations that have been centered on research and advancement, on-demand from customers healthcare or sickness treatment method ongoing to guide the listing of top rated-funded value propositions. Equally, mental wellbeing ongoing to be the foremost scientific-indicator place for trader dollars, racking up $3.1 billion so significantly in 2021.

    In the meantime, femtech is finally obtaining far more investor attention. Past quarter was the 2nd-highest-funded quarter for women’s well being ever, with $443 million elevated, next Q1 2021’s $631 million, in accordance to Rock Wellbeing.

    Girls-led businesses have also gotten a boost this yr as they closed 19{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of 2021’s electronic health and fitness promotions via Q3, the optimum proportion ever recorded by Rock Wellness. Still, even so, ladies-led providers continue to lag guiding these led by adult men.

    “Despite boosting 19{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of rounds, women-led providers accounted for just 14{fe463f59fb70c5c01486843be1d66c13e664ed3ae921464fa884afebcc0ffe6c} of 2021’s electronic health overall funding pot to day, with a $29M normal look at measurement for girls-led rounds, compared to $42M for adult men-led rounds,” the authors mentioned.

    Electronic health organizations targeted on equity have also obtained momentum a short while ago, spurred by the disparities highlighted by COVID-19. The report pointed to raises accomplished by Soda Wellbeing, Mi Salud and Cayaba Care to illustrate the increased focus to wellbeing equity.

    Further than venture funding, Rock Well being also analyzed digital well being M&A exercise and public exits. Q3 was the most significant quarter to day for digital well being M&A action with 79 offers in full, according to Rock Overall health.

    “One key driver of electronic health’s acquisition wave is the need to have to deliver extra streamlined choices and ordeals for prospects,” the authors stated. “Customers – patients, suppliers, and employers alike – are all sensation overcome by diverse electronic wellness alternatives in the market place and are pushing for additional unified choices.

    “In reaction, digital overall health corporations are making use of M&A to travel tactics this kind of as vertical integration, horizontal integration, and competitive acquisitions.”

    Contrasting the surge in M&A action is a slowdown of electronic overall health exits. In Q3 2021, there were being three done SPAC mergers (Sharecare, Owlet and Sema4) and two IPOs (Definitive Health care and Cue Health), as properly as a single declared SPAC and two declared IPOs.

    This is a drop from the earlier quarter, which noticed 4 finished SPACs, four IPOs, and seven announced SPACs.

    THE Larger Development

    This yr has been a person for the history textbooks, as electronic wellness had already surpassed 2020’s whole-year volume final quarter.

    Rock Health and fitness says it will preserve a watchful eye out for the remainder of the calendar year because Q4 tends to be lesser than the relaxation of the yr. But if Q4 2020 indicates anything at all, it is that unparalleled funding is possible at any time of the year.