Nutex Health (NASDAQ:NUTX) Price Target Raised to $100.00 at Maxim Group

Nutex Health (NASDAQ:NUTX) had its price objective upped by equities research analysts at Maxim Group from $75.00 to $100.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Maxim Group’s price target indicates a potential downside of 3.65% from the stock’s previous close.

Nutex Health Price Performance

Shares of NUTX opened at $103.79 on Tuesday. Nutex Health has a fifty-two week low of $4.16 and a fifty-two week high of $106.53. The firm’s 50 day moving average price is $59.64 and its 200 day moving average price is $40.47. The company has a market cap of $573.75 million, a P/E ratio of -11.06 and a beta of 0.27. The company has a quick ratio of 1.74, a current ratio of 1.77 and a debt-to-equity ratio of 3.36.

Nutex Health (NASDAQ:NUTX) last announced its quarterly earnings data on Monday, March 31st. The company reported $11.12 EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $11.21. Nutex Health had a negative net margin of 14.09% and a negative return on equity of 51.27%. The company had revenue of $81.30 million for the quarter, compared to the consensus estimate of $81.13 million.

Institutional Trading of Nutex Health

A number of large investors have recently bought and sold shares of NUTX. Topline Capital Management LLC acquired a new stake in shares of Nutex Health in the 4th quarter worth $5,690,000. American Century Companies Inc. acquired a new stake in shares of Nutex Health in the 4th quarter worth $1,362,000. Ancora Advisors LLC acquired a new stake in shares of Nutex Health in the 4th quarter worth $1,334,000. Drive Wealth Management LLC acquired a new stake in shares of Nutex Health in the 4th quarter worth $1,122,000. Finally, Essex Investment Management Co. LLC lifted its stake in shares of Nutex Health by 45.4% in the 4th quarter. Essex Investment Management Co. LLC now owns 105,809 shares of the company’s stock worth $3,353,000 after acquiring an additional 33,024 shares during the period. Institutional investors and hedge funds own 5.32% of the company’s stock.

Nutex Health Company Profile

Nutex Health Inc operates as a physician-led, healthcare services, and operations company. It operates through three segments: Hospital, Population Health Management (PHM), and Real Estate. The PHM segment establishes and operates independent physician associations; and offers a cloud-based platform for healthcare organizations to provide value-based care and population health management.