Ardent Health Partners (ARDT) Projected to Post Earnings on Wednesday

Ardent Health Partners (NYSE:ARDT) is expected to be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Ardent Health Partners to post earnings of $0.50 per share and revenue of $1.48 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Ardent Health Partners Trading Up 1.5 %

ARDT opened at $14.12 on Tuesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.78 and a current ratio of 1.91. The stock’s 50 day simple moving average is $15.34 and its 200 day simple moving average is $16.88. Ardent Health Partners has a 1-year low of $13.63 and a 1-year high of $20.72.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ARDT. Bank of America cut Ardent Health Partners from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $22.00 to $19.00 in a report on Wednesday, November 6th. Leerink Partners upped their price target on Ardent Health Partners from $23.00 to $25.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Morgan Stanley lowered their target price on Ardent Health Partners from $23.50 to $22.00 and set an “overweight” rating on the stock in a report on Tuesday, January 21st. Royal Bank of Canada reiterated an “outperform” rating and set a $23.00 target price on shares of Ardent Health Partners in a report on Thursday, November 14th. Finally, Truist Financial lowered their target price on Ardent Health Partners from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Ardent Health Partners currently has an average rating of “Buy” and a consensus price target of $21.55.

About Ardent Health Partners

Ardent Health Partners, Inc owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States. It operates acute care hospitals, including rehabilitation hospitals and surgical hospitals. The company was founded in 2001 and is based in Brentwood, Tennessee.