Live Price Coverage: TeamHealth Holdings Inc Can’t Be More Safe. Trades Significantly Higher

Live Price Coverage: TeamHealth Holdings Inc Can't Be More Safe. Trades Significantly Higher

The stock of TeamHealth Holdings Inc (NYSE:TMH) is a huge mover today! About 857,808 shares traded hands. TeamHealth Holdings Inc (NYSE:TMH) has declined 8.88% since March 15, 2016 and is downtrending. It has underperformed by 14.37% the S&P500.
The move comes after 5 months positive chart setup for the $2.88 billion company. It was reported on Oct, 18 by Barchart.com. We have $54.18 PT which if reached, will make NYSE:TMH worth $1.07B more.

Analysts await TeamHealth Holdings Inc (NYSE:TMH) to report earnings on November, 1. They expect $0.73 earnings per share, up 7.35% or $0.05 from last year’s $0.68 per share. TMH’s profit will be $53.16 million for 13.54 P/E if the $0.73 EPS becomes a reality. After $0.66 actual earnings per share reported by TeamHealth Holdings Inc for the previous quarter, Wall Street now forecasts 10.61% EPS growth.

TeamHealth Holdings Inc (NYSE:TMH) Ratings Coverage

Out of 14 analysts covering Team Health Holdings (NYSE:TMH), 9 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 64% are positive. Team Health Holdings has been the topic of 34 analyst reports since August 5, 2015 according to StockzIntelligence Inc. Robert W. Baird downgraded TeamHealth Holdings Inc (NYSE:TMH) on Monday, December 14 to “Neutral” rating. The stock of TeamHealth Holdings Inc (NYSE:TMH) earned “Overweight” rating by JP Morgan on Wednesday, September 16. The firm has “Buy” rating by Jefferies given on Friday, September 25. The firm has “Buy” rating given on Wednesday, December 9 by Canaccord Genuity. The rating was maintained by Mizuho on Friday, August 5 with “Neutral”. The firm has “Neutral” rating given on Monday, September 26 by Citigroup. The rating was maintained by Barclays Capital on Thursday, August 4 with “Overweight”. SunTrust maintained TeamHealth Holdings Inc (NYSE:TMH) rating on Thursday, August 4. SunTrust has “Buy” rating and $50 price target. The stock of TeamHealth Holdings Inc (NYSE:TMH) has “Neutral” rating given on Monday, November 30 by Goldman Sachs. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, August 5 report.

According to Zacks Investment Research, “Team Health Holdings, L.L.C. is a supplier of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. TeamHealth operates in two segments: Healthcare Services and Billing Services. The Healthcare Services segment, which comprises healthcare staffing, clinics and occupational health, provides healthcare service programs to users and providers of healthcare services on a fee for service, as well as a cost plus basis. The Billing Services segment provides a range of external billing, collection and consulting services on a fee basis to outside third-party customers.”

Insitutional Activity: The institutional sentiment increased to 0.93 in 2016 Q2. Its up 0.18, from 0.75 in 2016Q1. The ratio improved, as 23 funds sold all TeamHealth Holdings Inc shares owned while 73 reduced positions. 24 funds bought stakes while 65 increased positions. They now own 78.44 million shares or 1.78% less from 79.86 million shares in 2016Q1.
Blackrock Japan Ltd has 141 shares for 0% of their US portfolio. Frontier Communications Lc has invested 0.05% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH). Winslow Evans Crocker has invested 0% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH). Geode Capital Mngmt Limited Liability has 0.01% invested in the company for 498,097 shares. Credit Suisse Ag accumulated 79,930 shares or 0% of the stock. Utd Automobile Association last reported 0.01% of its portfolio in the stock. Invesco Ltd owns 1.70M shares or 0.03% of their US portfolio. Advisors Asset Mngmt Inc holds 565 shares or 0% of its portfolio. Moreover, Webster Bancorp N A has 0.04% invested in TeamHealth Holdings Inc (NYSE:TMH) for 6,525 shares. The Massachusetts-based Commonwealth Equity Inc has invested 0.01% in TeamHealth Holdings Inc (NYSE:TMH). State Board Of Administration Of Florida Retirement System has 42,700 shares for 0.01% of their US portfolio. Parametric Assocs Limited Liability Corp owns 13,775 shares or 0% of their US portfolio. Tci Wealth Advsrs holds 0.01% of its portfolio in TeamHealth Holdings Inc (NYSE:TMH) for 350 shares. Levin Capital Strategies Lp holds 8,500 shares or 0.01% of its portfolio. Oxford Asset Management holds 28,910 shares or 0.05% of its portfolio.

More important recent TeamHealth Holdings Inc (NYSE:TMH) news were published by: Wsj.com which released: “Team Health Exploring a Possible Sale” on October 04, 2016, also Prnewswire.com published article titled: “Team Health Holdings, Inc. Announces Second Quarter 2016 Financial Results”, Prnewswire.com published: “Team Health Holdings, Inc. Completes Repricing of Term Loan B” on June 02, 2016. More interesting news about TeamHealth Holdings Inc (NYSE:TMH) was released by: Prnewswire.com and their article: “Team Health Holdings, Inc. Announces First Quarter 2016 Financial Results” with publication date: May 09, 2016.

TMH Company Profile

Team Health Holdings, Inc. (TeamHealth), incorporated on December 15, 1998, is a well-known provider of outsourced healthcare professional staffing and administrative services to hospitals and other healthcare providers in the United States. The Firm operates through four divisions: Hospital Based Services, IPC Healthcare, Specialty Services and Other Services. The Hospital Based Services segment, which is an aggregation of emergency medicine, anesthesia, and the Company’s acute care services, provides healthcare service programs to users of healthcare services on a fee for service, as well as a cost plus or contract basis. The IPC Healthcare segment consists of IPC and provides acute hospital medicine and post-acute well-known provider service programs to users of healthcare services. The Specialty Services segment, which is an aggregation of military and government healthcare staffing, clinical services, and nurse call center operations, provides healthcare service programs to users of healthcare services in an outpatient setting or in a non-hospital environment. The Other Services segment is an aggregation of locums staffing, scribes, and billing, collection and consulting services that provides a range of other healthcare services. The Firm serves approximately 3,400 civilian and military hospitals, clinics and physician groups in over 45 states with a team of over 18,000 affiliated healthcare professionals, including physicians, physician assistants, nurse practitioners and nurses. The Firm provides outsourced services in emergency departments (EDs).

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