Equities research analysts at Morgan Keegan lowered their price target on shares of Emeritus Co. (NYSE: ESC) from $31.00 to $29.00 in a research note to investors on Friday. The analysts currently have an “outperform” rating on the stock.
Separately, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Emeritus Co. in a research note to investors on Thursday, April 28th.
Shares of Emeritus Co. opened at 22.71 on Monday. Emeritus Co. has a 52 week low of $14.55 and a 52 week high of $26.35. The stock’s 50-day moving average is $24.7 and its 200-day moving average is $21.31. The company has a market cap of $1.004 billion.
Emeritus Co. last announced its quarterly results on Thursday, May 5th. The company reported ($0.51) earnings per share (EPS) for the previous quarter, missing the Thomson Reuters consensus estimate of ($0.32) EPS by $0.19. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 28.20% on a year-over-year basis. On average, analysts predict that Emeritus Co. will post $-0.24 EPS next quarter.