Astrana Health (NASDAQ:ASTH) Price Target Raised to $67.00

Astrana Health (NASDAQ:ASTH) had its price target raised by Robert W. Baird from $54.00 to $67.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has an outperform rating on the stock.

A number of other brokerages have also issued reports on ASTH. Baird R W upgraded shares of Astrana Health to a strong-buy rating in a research note on Thursday, May 30th. Truist Financial upped their price target on Astrana Health from $50.00 to $59.00 and gave the stock a buy rating in a report on Friday, August 9th. Finally, Stifel Nicolaus increased their price target on Astrana Health from $48.00 to $60.00 and gave the company a buy rating in a research report on Thursday, August 1st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Buy and an average target price of $59.00.

Astrana Health Price Performance

Shares of NASDAQ ASTH opened at $48.23 on Thursday. The firm has a market cap of $2.70 billion, a P/E ratio of 36.54, a P/E/G ratio of 1.83 and a beta of 1.16. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.52 and a quick ratio of 1.52. The business’s 50 day moving average price is $44.93. Astrana Health has a 1 year low of $28.86 and a 1 year high of $54.27.

Astrana Health (NASDAQ:ASTH) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.01. Astrana Health had a return on equity of 10.22% and a net margin of 4.29%. The firm had revenue of $486.30 million during the quarter, compared to the consensus estimate of $440.68 million. During the same period last year, the company earned $0.28 EPS. The company’s quarterly revenue was up 39.7% on a year-over-year basis. As a group, research analysts expect that Astrana Health will post 1.42 EPS for the current year.

About Astrana Health

Astrana Health, Inc, Inc, a physician-centric technology-powered healthcare management company, provides medical care services in the United States. It operates through three segments: Care Partners, Care Delivery, and Care Enablement. The company is leveraging its proprietary population health management and healthcare delivery platform, operates an integrated, value-based healthcare model which empowers the providers in its network to deliver care to its patients.