It is Time to Outperform HMS Holdings (NASDAQ:HMSY), Leerink Partners Says. Stock May Be Worth $25

June 14, 2018 - By Darrin Black

HMS Holdings Corp. (NASDAQ:HMSY) Logo

Investors sentiment increased to 1.31 in Q1 2018. Its up 0.30, from 1.01 in 2017Q4. It is positive, as 16 investors sold HMS Holdings Corp. shares while 54 reduced holdings. 32 funds opened positions while 60 raised stakes. 79.76 million shares or 0.01% more from 79.76 million shares in 2017Q4 were reported.

Comml Bank Of America Corp De holds 0% or 420,530 shares in its portfolio. Koch Incorporated, a Kansas-based fund reported 14,422 shares. Pinebridge Invs L P has invested 0.04% in HMS Holdings Corp. (NASDAQ:HMSY). Fifth Third Bank reported 34,195 shares stake. Redmond Asset Management Limited Liability Corporation reported 49,911 shares or 0.36% of all its holdings. Gotham Asset Management Limited Liability Corporation has invested 0.01% in HMS Holdings Corp. (NASDAQ:HMSY). Sg Americas Secs Lc invested 0% in HMS Holdings Corp. (NASDAQ:HMSY). Ameritas Investment Prtnrs Inc holds 0.01% or 7,279 shares in its portfolio. Granite Investment Prns Llc reported 71,199 shares. Hcsf Management Ltd Limited Liability Company reported 123,903 shares stake. D E Shaw And owns 788,612 shares for 0.02% of their portfolio. Sei reported 0.01% in HMS Holdings Corp. (NASDAQ:HMSY). Moreover, Cipher Limited Partnership has 0.08% invested in HMS Holdings Corp. (NASDAQ:HMSY). Citadel Advsr Limited holds 0% in HMS Holdings Corp. (NASDAQ:HMSY) or 213,882 shares. 204,585 were reported by State Teachers Retirement Systems.

Why Has Leerink Partners Given HMS Holdings (NASDAQ:HMSY) a $25 Price Target

In a research note revealed to clients and investors on 14 June, Leerink Partners analyst has today initiated coverage for HMS Holdings (NASDAQ:HMSY) shares with a Outperform rating. The PT is $25.

HMS Holdings Corp. (NASDAQ:HMSY) Ratings Coverage

Among 2 analysts covering HMS Holdings (NASDAQ:HMSY), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. HMS Holdings has $20 highest and $18 lowest target. $19’s average target is -17.32% below currents $22.98 stock price. HMS Holdings had 2 analyst reports since February 27, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, February 27 by Canaccord Genuity. Citigroup maintained it with “Neutral” rating and $18 target in Tuesday, February 27 report.

The stock increased 2.50% or $0.56 during the last trading session, reaching $22.98. About 301,544 shares traded. HMS Holdings Corp. (NASDAQ:HMSY) has risen 17.86% since June 14, 2017 and is uptrending. It has outperformed by 5.29% the S&P500.

Analysts await HMS Holdings Corp. (NASDAQ:HMSY) to report earnings on August, 3. They expect $0.17 EPS, up 30.77 % or $0.04 from last year’s $0.13 per share. HMSY’s profit will be $14.14 million for 33.79 P/E if the $0.17 EPS becomes a reality. After $0.14 actual EPS reported by HMS Holdings Corp. for the previous quarter, Wall Street now forecasts 21.43 % EPS growth.

HMS Holdings Corp., through its subsidiaries, operates in the healthcare insurance benefit cost containment market in the United States. The company has market cap of $1.91 billion. It provides coordination of benefits services to government and commercial healthcare payers and sponsors to coordinate benefits for claims; and payment integrity services that ensure healthcare claims billed are accurate and appropriate, as well as care management and member analytics technologies. It has a 48.89 P/E ratio. The company's services also enable clients to recover improper payments; prevent future improper payments; reduce fraud, waste, and abuse; and ensure regulatory compliance.

More recent HMS Holdings Corp. (NASDAQ:HMSY) news were published by: Nasdaq.com which released: “HMS to Present at the William Blair 38th Annual Growth Stock Conference” on May 30, 2018. Also Nasdaq.com published the news titled: “Research Report Identifies Advantage Oil & Gas, tronc, Baozun, HMS, FORTERRA INC, and Colfax with Renewed …” on May 31, 2018. 247Wallst.com‘s news article titled: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” with publication date: June 14, 2018 was also an interesting one.

HMS Holdings Corp. (NASDAQ:HMSY) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: