Nutex Health (NUTX) Projected to Post Quarterly Earnings on Thursday

Nutex Health (NASDAQ:NUTX) is projected to post its quarterly earnings results after the market closes on Thursday, March 27th. Analysts expect Nutex Health to post earnings of ($0.09) per share and revenue of $81.13 million for the quarter.

Nutex Health Stock Up 4.0 %

NUTX opened at $61.87 on Wednesday. Nutex Health has a fifty-two week low of $4.16 and a fifty-two week high of $69.45. The firm has a market capitalization of $336.39 million, a P/E ratio of -6.59 and a beta of 0.01. The company’s 50-day moving average is $50.58 and its 200 day moving average is $35.88. The company has a debt-to-equity ratio of 3.36, a current ratio of 1.77 and a quick ratio of 1.74.

Wall Street Analysts Forecast Growth

Separately, Maxim Group upped their price objective on Nutex Health from $50.00 to $75.00 and gave the company a “buy” rating in a research note on Thursday, February 13th.

Institutional Investors Weigh In On Nutex Health

A hedge fund recently raised its stake in Nutex Health stock. Bank of America Corp DE raised its holdings in shares of Nutex Health Inc. (NASDAQ:NUTX) by 6,590.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,074 shares of the company’s stock after acquiring an additional 2,043 shares during the quarter. Bank of America Corp DE’s holdings in Nutex Health were worth $66,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 5.32% of the stock is owned by institutional investors.

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.