HMS Holdings Corp. (HMSY) shares are down 2.34% to $18.40 in pre-market trading Friday after the company reported its fourth quarter earnings results.
The cost containment services provider reported non-GAAP earnings of $0.03 per share on revenues of $112.2 million, down 7.7% from a year ago. Analysts were expecting EPS of $0.16 on revenues of $116.35 million.
For the full year ended December 31, 2014, total revenue came in at $443.2 million, compared to $491.8 million in the prior year. Adjusted EPS was $0.41 compared to $0.75 in the prior year.
On valuation measures, HMS Holdings Corp. shares, which currently have an average 3-month trading volume of 723,567 shares, trade at a trailing-12 P/E of 60.19, a forward P/E of 24.79 and a P/E to growth ratio of 1.72. The median Wall Street price target on the name is $26.00 with a high target of $29.00. Currently ticker boasts 8 ‘Buy’ endorsements, compared to 2 ’Holds’ and no ‘Sell’.
Profitability-wise, HMSY has a t-12 profit and operating margin of 6.06% and 12.19%, respectively. The $1.65 billion market cap company reported $133.11 million in cash vs. $197.80 million in debt in its most recent quarter.
HMSY currently prints a one year loss of about 6.50% and a year-to-date loss of around 11%.
The chart below shows where the equity has traded over the last 52 weeks.
HMS Holdings Corp. provides coordination of benefits and payment integrity services to government and private healthcare payers and sponsors. The company was founded in 1974 and is headquartered in Irving, Texas.