Envision Healthcare Holdings, Inc. (NYSE:EVHC) reported Beta

Lester Mason
October 21, 2017

Traders are more bearish on shares of Envision Healthcare Corporation lately if you take a look at the uptick in short interest.

9 number of analysts have estimated the sales of the company for the quarter ending Feb 20, 2017- Feb 24, 2017, analysts estimated mean sale target of 2049.54 million while high and low sale targets are estimated at 2137.63 million and 1971.27 million respectively.

Covering sell-side analysts have recently weighed in on shares of Mattel, Inc. In looking at volatility levels, the shares saw weekly volatility of 2.98% and 3.07% over the past month.

Institutions own - of Symantec Corporation (SYMC)'s shares. Finally, Nomura Holdings Inc. purchased a new stake in shares of Envision Healthcare Corporation during the 2nd quarter valued at about $797,000. (EVHC) performance during the last one year degraded -38.11 percent, while its year to date (YTD) performance showed a negative trend of -35.77 percent.

EVHC has been the topic of a number of recent analyst reports. At the time of writing, the First Call consensus price target for the company is $40.90. Royal Bank Of Canada raised their price target on shares of Envision Healthcare Corporation from $72.00 to $77.00 and gave the company an "outperform" rating in a report on Tuesday, June 27th. Jefferies Group LLC set a $71.00 price objective on shares of Envision Healthcare Corporation and gave the stock a "buy" rating in a research report on Thursday, August 24th. Finally, Cantor Fitzgerald reissued a "buy" rating and issued a $80.00 price objective on shares of Envision Healthcare Corporation in a research report on Tuesday, July 4th.

Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). As of writing, Envision Healthcare Corporation's RSI stands at 42.33. If you are viewing this article on another website, it was copied illegally and reposted in violation of USA & worldwide trademark and copyright legislation. The original version of this article can be accessed at https://www.truebluetribune.com/2017/10/20/envision-healthcare-corporation-evhc-given-daily-coverage-optimism-score-of-0-06.html. -39.69% away from the high and 13.67% from the low. The company's market cap is $5.02 Billion. It is now trading at $45.13 a bit lower than $45.59, the stock's 50 day moving average and which is quite a bit below the 200 day moving average of $54.23.

Envision Healthcare Corporation (NYSE:EVHC) last released its quarterly earnings results on Monday, August 7th. As of the end of the quarter Alyeska Investment Group, L.p. had disposed of 262,999 shares trimming its stake by 59.3%. The company had revenue of $1.95 billion during the quarter, compared to analysts' expectations of $1.96 billion.

Symantec Corporation (NASDAQ:SYMC)posting a 0.56% after which it closed the day' session at $32.33 and sees an average of 6.49M shares trade hands in each session while it's while its relative trading volume is 0.60. Envision Healthcare Corporation's quarterly revenue was up 156.7% compared to the same quarter previous year. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 1.60, which implies that analysts are generally bullish in their outlook for EVHC over the next year. The company has its outstanding shares of 123.52M. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

Valuation Ratios of Envision Healthcare Holdings, Inc.

Looking at a company's operating margin is also helpful. The medical transportation segment includes the Business's community-based medical transportation services, including emergency 911, non-emergency, managed transportation, air ambulance and disaster response services. Its EmCare segment is a provider of integrated facility-based and post-acute care physician services to healthcare facilities in the United States.

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