Momentum Stock Watch: Tivity Health, Inc. (TVTY)

Company Profile:

Tivity Health, Inc. provides fitness and health improvement programs in the United States. It offers SilverSneakers senior fitness program to the members of Medicare advantage, Medicare supplement, and group retiree plans; and Prime fitness, a fitness facility access program through commercial health plans, employers, and insurance exchanges. The company also provides access to its WholeHealth Living network primarily to commercial health plans. As of December 31, 2016, the Company’s fitness networks encompassed approximately 16,000 participating locations and more than 1,000 alternative locations that provide classes outside of traditional fitness centers. As of December 31, 2016, the Company’s WholeHealth Living network included over 88,000 complementary, alternative, and physical medicine practitioners to serve individuals through health plans. The company was formerly known as Healthways, Inc. and changed its name to Tivity Health, Inc. in January 2017. Tivity Health, Inc. was founded in 1981 and is headquartered in Franklin, Tennessee.

Recent News:

On July 27, 2917, the company reportedR revenues for the second quarter of 2017 increased by 11.1% to $138.9 million compared with $125.0 million for the second quarter of 2016. Net income from continuing operations was $17.2 million, or $0.41 per diluted share, compared with $20.0 million, or $0.54 per diluted share, for the second quarter of 2016.

The company’s shares have risen 179.60% since August 18, 2016 and is uptrending. The company has market cap of $1.44 billion, Return on Equity of 30.1, and 1.84 PEG ratio.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

TVTY’s strengths can be seen in its strong growth , robust solvency and better efficiency compared with its peers. Technical indicators signal the bullish signs, as there is a bullish cross in Stochastic Oscillator and RSI(14) stands at 45.56 with positive bias. We rate Tivity Health, Inc. (TVTY) a STRONG BUY.

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