HMS Stock Hits New 52-Week High (HMSY)
NEW YORK (TheStreet) -- HMS Holdings Corporation (Nasdaq:HMSY) hit a new 52-week high Wednesday as it traded at $67.47 compared with its previous 52-Week high of $67.42. HMS is changing hands at $67.47 with 11,935 shares traded as of 10:09 a.m. ET. Average volume has been 145,500 shares over the past 30 days. HMS has a market cap of $1.8 billion and is part of the services sector and diversified services industry. Shares are up 3.6% year to date as of the close of trading on Tuesday. HMS Holdings Corp. provides cost management services for government-sponsored health and human services programs. The company has a P/E ratio of 48.6, below the average diversified services industry P/E ratio of 50.5 and above the S&P 500 P/E ratio of 23.4. TheStreet Ratings rates HMS as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full HMS Ratings Report.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV