(Nasdaq:LHCG) LHC Group, Inc. Breaks 52 Week High Bar Of $117.70

LHC Group, Inc. (Nasdaq:LHCG)

May 15th, 2019

With markets going up LHC Group, Inc. closed Wednesday up 1.61%, a $1.86 increase to close on $117.25. Furthermore it hit a new 52 week high of $117.70.

LHCG outperformed the rest of the Healthcare sector which went up 0.27% today.

Analysis results from 11 analysts indicates that LHC Group, Inc. could rise quite a bit (11.44%), while Finbox has calculated (with medium uncertainty) a fair value price of $80.73.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending up. Communication Services saw the biggest increase of the day (2.11%), while Financials saw the biggest drop (-0.48%). Information Technology has seen the biggest year-to-date gain at 19.93%.

Communication Services saw the biggest turnaround from its 5-day performance of -2.60%, as it went up 2.11%. Utilities saw a turn around from its 5-day performance of 0.47% trading down -0.13%.

Sector Breakdown

  • Communication Services went up with a 2.11% change.
  • Information Technology went up with a 0.98% change.
  • Consumer Staples went up with a 0.80% change.
  • Consumer Discretionary went up with a 0.78% change.
  • Real Estate went up with a 0.64% change.
  • Energy went up with a 0.46% change.
  • Healthcare went up with a 0.27% change.
  • Industrials went up with a 0.12% change.
  • Utilities went down with a -0.13% change.
  • Materials went down with a -0.24% change.
  • Financials went down with a -0.48% change.

LHC Group, Inc. Info

LHC Group, Inc., a health care provider, specializes in the post-acute continuum of care primarily for Medicare beneficiaries in the United States. The company’s Home Health Services segment offers home nursing services, including wound care and dressing changes, cardiac rehabilitation, infusion therapy, pain management, pharmaceutical administration, skilled observation and assessment, and patient education; medically-oriented social services; and physical, occupational, and speech therapy services. Its Hospice Services segment provides pain and symptom management accompanied by palliative medication, emotional and spiritual support, inpatient and respite care, homemaker services, dietary counseling, family bereavement counseling, and social worker visits. The company’s Home and Community-Based Services segment offers services, such as assistance with grooming, medication reminders, meal preparation, assistance with feeding, light housekeeping, respite care, transportation, and errand services to patients in their home or in a medical facility. Its Facility-Based Services segment serves patients suffering from respiratory failure, neuromuscular disorders, cardiac disorders, non-healing wounds, renal disorders, cancer, head and neck injuries, and mental disorders, as well as treats patients diagnosed with musculoskeletal impairments; and operates institutional pharmacy, a family health center, a rural health clinic, and a retail pharmacy, as well as offers physical therapy services. The company’s Healthcare Innovations (HCI) Services segment provides strategic health management services to Accountable Care Organizations. As of December 31, 2018, it operated 543 home health services locations, 104 hospice locations, 81 community-based service locations, 10 long-term acute care hospitals with 12 locations, and 12 HCI locations. The company was founded in 1994 and is based in Lafayette, Louisiana.

All amounts in USD unless otherwise indicated

LHCG daily update
LHCG daily update

Via UnSplash

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