Ardent Health Partners, LLC (NYSE:ARDT) Receives Average Recommendation of "Buy" from Analysts

Ardent Health Partners, LLC (NYSE:ARDT - Get Free Report) has received a consensus rating of "Buy" from the eleven ratings firms that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $21.70.

ARDT has been the topic of a number of research reports. Citigroup assumed coverage on shares of Ardent Health Partners in a report on Monday, August 12th. They set a "buy" rating and a $21.00 target price on the stock. Stephens started coverage on Ardent Health Partners in a report on Monday, August 12th. They set an "overweight" rating and a $24.00 price target on the stock. Truist Financial began coverage on Ardent Health Partners in a research report on Monday, August 12th. They issued a "buy" rating and a $21.00 price target on the stock. Leerink Partners began coverage on shares of Ardent Health Partners in a research note on Monday, August 12th. They set an "outperform" rating and a $23.00 target price on the stock. Finally, Royal Bank of Canada initiated coverage on shares of Ardent Health Partners in a report on Monday, August 12th. They issued an "outperform" rating and a $23.00 target price on the stock.

Ardent Health Partners Stock Performance

NYSE:ARDT traded down $0.39 during trading hours on Friday, reaching $19.19. 286,573 shares of the stock were exchanged, compared to its average volume of 389,542. Ardent Health Partners has a twelve month low of $15.00 and a twelve month high of $20.30.

Ardent Health Partners (NYSE:ARDT - Get Free Report) last announced its earnings results on Wednesday, August 14th. The company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.05. The firm had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.46 billion. Equities research analysts predict that Ardent Health Partners will post 1.21 EPS for the current fiscal year.

Ardent Health Partners Company Profile

We are the fourth largest privately held, for-profit operator of hospitals and a leading provider of healthcare services in the United States(1). We currently operate in eight growing mid-sized urban markets across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas. We deliver care through a system of 30 acute care hospitals, more than 200 sites of care, and over 1,700 providers that are either employed by or affiliated with us(2), as of March 31, 2024.