Ardent Health Partners (NYSE:ARDT – Get Free Report) issued an update on its FY 2024 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.230-1.370 for the period. The company issued revenue guidance of $5.8 billion-$5.9 billion. Ardent Health Partners also updated its FY24 guidance to $1.23-1.37 EPS.
Ardent Health Partners Stock Up 0.2 %
Shares of NYSE:ARDT traded up $0.03 on Wednesday, reaching $16.04. The company had a trading volume of 205,173 shares, compared to its average volume of 333,714. Ardent Health Partners has a twelve month low of $15.00 and a twelve month high of $18.16.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. SVB Leerink started coverage on Ardent Health Partners in a report on Monday. They set an outperform rating and a $23.00 price target for the company. Citigroup initiated coverage on shares of Ardent Health Partners in a research note on Monday. They set a buy rating and a $21.00 target price for the company. Leerink Partnrs upgraded shares of Ardent Health Partners to a strong-buy rating in a report on Monday. Stephens initiated coverage on Ardent Health Partners in a research report on Monday. They set an overweight rating and a $24.00 target price on the stock. Finally, Morgan Stanley began coverage on Ardent Health Partners in a report on Monday. They issued an overweight rating and a $27.00 price target for the company. One research analyst has rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Ardent Health Partners presently has an average rating of Buy and an average target price of $21.70.
Ardent Health Partners Company Profile
We are the fourth largest privately held, for-profit operator of hospitals and a leading provider of healthcare services in the United States(1). We currently operate in eight growing mid-sized urban markets across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas. We deliver care through a system of 30 acute care hospitals, more than 200 sites of care, and over 1,700 providers that are either employed by or affiliated with us(2), as of March 31, 2024.
Further Reading
- Five stocks we like better than Ardent Health Partners
- With Risk Tolerance, One Size Does Not Fit All
- Brinker International’s Price Dip is an Appetizing Entry Point
- 3 Tickers Leading a Meme Stock Revival
- 3 Stocks That Could Beat the September Blues
- How Can Investors Benefit From After-Hours Trading
- Canopy Growth Stock: Can It Sustain Recent Gains?
Receive News & Ratings for Ardent Health Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ardent Health Partners and related companies with MarketBeat.com's FREE daily email newsletter.