Zacks Research upgraded shares of Park Dental Partners (NASDAQ:PARK – Free Report) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.
A number of other equities research analysts have also recently weighed in on the company. Wall Street Zen cut Park Dental Partners from a “buy” rating to a “hold” rating in a report on Sunday. Weiss Ratings raised Park Dental Partners from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, May 12th. Three research analysts have rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $21.75.
Get Our Latest Stock Analysis on Park Dental Partners
Park Dental Partners Price Performance
Park Dental Partners (NASDAQ:PARK – Get Free Report) last issued its earnings results on Wednesday, March 25th. The company reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $61.21 million during the quarter. On average, analysts predict that Park Dental Partners will post 1.59 EPS for the current year.
Hedge Funds Weigh In On Park Dental Partners
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacific Ridge Capital Partners LLC purchased a new position in Park Dental Partners during the 4th quarter worth approximately $2,316,000. Kennedy Capital Management LLC purchased a new position in Park Dental Partners during the 4th quarter worth approximately $3,478,000. Heartland Advisors Inc. purchased a new position in Park Dental Partners during the 4th quarter worth approximately $2,251,000. Russell Investments Group Ltd. purchased a new position in Park Dental Partners during the 4th quarter worth approximately $1,522,000. Finally, Boston Partners purchased a new position in Park Dental Partners during the 4th quarter worth approximately $576,000.
About Park Dental Partners
Park Dental Partners (NASDAQ: PARK) is a dental support organization that provides business and administrative services to affiliated dental practices. The company focuses on enabling dental clinicians to concentrate on patient care by delivering centralized non-clinical functions that support day-to-day operations and practice growth.
Services typically offered by Park Dental Partners include practice management, billing and revenue cycle management, procurement and supply-chain support, information technology, human resources, marketing and patient acquisition, and regulatory and compliance assistance.
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