Nutex Health (NASDAQ:NUTX) Shares Gap Up – Should You Buy?

Nutex Health Inc. (NASDAQ:NUTXGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $125.03, but opened at $132.91. Nutex Health shares last traded at $137.6940, with a volume of 14,474 shares trading hands.

Analyst Ratings Changes

A number of research analysts have issued reports on NUTX shares. Wall Street Zen upgraded shares of Nutex Health from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Lake Street Capital started coverage on shares of Nutex Health in a report on Tuesday. They set a “buy” rating and a $235.00 target price for the company. Finally, Weiss Ratings raised shares of Nutex Health from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Read Our Latest Research Report on Nutex Health

Nutex Health Trading Up 2.7%

The company has a market cap of $938.40 million, a price-to-earnings ratio of 10.54 and a beta of 0.26. The company has a quick ratio of 3.12, a current ratio of 3.14 and a debt-to-equity ratio of 0.66. The company’s 50-day moving average is $114.28 and its 200 day moving average is $128.01.

Nutex Health (NASDAQ:NUTXGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $6.52 EPS for the quarter, beating the consensus estimate of $3.99 by $2.53. The company had revenue of $216.49 million for the quarter, compared to analyst estimates of $227.80 million. Nutex Health had a net margin of 10.95% and a return on equity of 23.50%.

Institutional Trading of Nutex Health

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Topline Capital Management LLC grew its position in Nutex Health by 80.0% during the third quarter. Topline Capital Management LLC now owns 556,567 shares of the company’s stock valued at $57,505,000 after buying an additional 247,436 shares during the period. Pertento Partners LLP grew its position in Nutex Health by 20.0% during the fourth quarter. Pertento Partners LLP now owns 324,422 shares of the company’s stock valued at $53,406,000 after buying an additional 54,001 shares during the period. Vanguard Group Inc. grew its position in Nutex Health by 12.7% during the third quarter. Vanguard Group Inc. now owns 214,954 shares of the company’s stock valued at $22,209,000 after buying an additional 24,275 shares during the period. Millennium Management LLC grew its position in Nutex Health by 191.1% during the third quarter. Millennium Management LLC now owns 93,396 shares of the company’s stock valued at $9,650,000 after buying an additional 61,308 shares during the period. Finally, State Street Corp grew its position in Nutex Health by 11.6% during the fourth quarter. State Street Corp now owns 86,792 shares of the company’s stock valued at $14,288,000 after buying an additional 9,052 shares during the period. Institutional investors and hedge funds own 5.32% of the company’s stock.

About Nutex Health

(Get Free Report)

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.

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