GTIV Gentiva Health Services, Inc. featured news, full reports, and detailed charts
Gentiva Health Services, Inc. (GTIV) Wrap Up:
As used in this annual report on Form 10-K, the terms “we,” “us,” “our,” the “Company” and “Gentiva” refer to Gentiva Health Services, Inc. Special Caution Regarding Forward-Looking Statements Certain statements contained in this annual report on Form 10-K, including, without limitation, statements containing the words “believes,” “anticipates,” “intends,” “expects,” “assumes,” “trends” and similar expressions, constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon the Company’s current plans, expectations and projections about future events. However, such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0001193125-08-055642.html#FIS_BUSINESS"Gentiva Health Services Inc. (GTIV:NASDAQ)
Snapshot of Gentiva Health Services Inc. (GTIV)
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OPEN
$24.13
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PREVIOUS CLOSE
$24.25
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DAY HIGH
$24.56
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DAY LOW
$23.90
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52 WEEK HIGH
01/2/09 - $29.99
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52 WEEK LOW
03/9/09 - $12.94
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MARKET CAP
710.8M
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AVERAGE VOLUME 3 mo
210.8K
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DILUTED EPS TTM
$2.13
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SHARES OUTSTANDING
29.3M
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GTIV Does Not Pay Dividends
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P/E TTM
11.4x
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GTIV Top Compensated Officers
Executives, Board Directors
Key developments for Gentiva Health Services Inc. (GTIV)
Gentiva Health Services Inc. - Conference Presentation Calls
Gentiva Health Services Inc. reported unaudited condensed consolidated financial results for the third quarter and nine months ended September 27, 2009. For the quartrer, the company reported net revenues of $295.592 million, income before income taxes of $24.180 million and net income of $15.405 million or $0.52 per diluted share against net revenues of $345.243 million, income before income taxes of $127.090 million and net income of $120.892 million or $4.07 per diluted share for the same period last year. For the nine months, the company reported net revenues of $882.612 million, income before income taxes of $78.160 million and net income of $50.522 million or $1.70 per diluted share against net revenues of $1,011.089 million, income before income taxes of $160.899 million and net income of $140.639 million or $4.80 per diluted share for the same period last year. Net cash provided by operating activities was $76.466 million against $51.096 million a year ago. The company announced that it is reaffirming its revenue and earnings outlook for fiscal 2009. The company anticipates full-year 2009 net revenues will range between $1.19 billion to $1.21 billion. On a diluted earnings per share basis, adjusted net income is expected to be in a range between $2.04 and $2.10 per diluted share. The company's 2009 outlook represents an increase in net revenues of 12% to 14% and an increase in adjusted net income per diluted share of 45% to 50% when compared with 2008 pro forma financial results, which reflect the Company's performance as if the CareCentrix divestiture had occurred at the beginning of fiscal 2008. The 2009 outlook excludes special charges relating to restructuring and merger and acquisition costs which are expected to range between $3 million and $4 million for the year and non-recurring charges and credits. The outlook includes the impact of recently announced acquisitions and also reflects 53 weeks of activity in fiscal 2009.
To present an overview of the company's operations and strategic priorities, and review opportunities for growth as the U.S. home health industry provides more services to an aging population
GTIV Competitors
| Company | Last | Change |
| Almost Family Inc | $36.06 USD | -0.17 |
| Amedisys Inc | $37.69 USD | +0.21 |
| LHC Group | $31.25 USD | +0.59 |
| SunLink Health Systems Inc | $1.83 USD | -0.02 |
| Walgreens | $38.97 USD | -0.06 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | GTIV | Industry Range |
| Price/Earnings | 11.4x |
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| Price/Sales | 0.6x |
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| Price/Book | 1.3x |
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| Price/Cash Flow | 11.1x |
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| TEV/Sales | 0.3x |
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GTIV |
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GTIV transactions
| Type Date |
Target |
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Merger/Acquisition
October 20, 2009 |
Coordinated Home Health Care Corp. |
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Merger/Acquisition
July 23, 2009 |
Rush Home Care, Inc. |
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Merger/Acquisition
July 1, 2009 |
Homecare Operation |
More Recent News About Gentiva Health Services, Inc.
More news for GTIV
Gentiva(R) Health Services Reports Third Quarter 2009 Results
ATLANTA, Oct. 29 /PRNewswire-FirstCall/ -- Gentiva Health Services, Inc. (Nasdaq: GTIV - News), a leading provider of comprehensive home health services, today reported the following 2009 third quarter results: "Gentiva continues to execute well on its business strategy and we are well on track to achieve our full year 2009 financial outlook, with expectations toward the higher end of the earnings range," said Gentiva CEO Tony Strange. "Growth trends in both our Home Health and Hospice business units remain solid as we intensify our focus on serving the needs of the nation's growing high-acuity senior population. We are delivering on the key initiatives that will grow our company, including increasing the penetration of our specialty care programs, recruiting and retaining the best caregivers in the business, and operating efficiently, with a strong balance sheet."Gentiva reported these segment highlights for the quarter:Gentiva reported these highlights for the nine months ended September 27, 2009:At September 27, 2009, the Company reported cash and cash equivalents of $120.3 million and long-term debt of $237.0 million.Full-Year 2009 OutlookGentiva announced that it is reaffirming its revenue and earnings outlook for fiscal 2009. Gentiva anticipates full-year 2009 net revenues will range between $1.19 billion to $1.21 billion. On a diluted earnings per share basis, adjusted net income is expected to be in a range ...Click here to read the whole Article (external link)
Q3 2009 Gentiva Health Services Earnings Release - Before Market Open
Earnings Announcements for Thursday, October 29CompanySymbolTimeConferenceCall3PAR Inc.PARAfter Market CloseListenABBABB01:00 am ETABG SUN COL HLDGASC.OLTime Not SuppliedAccuray IncorporatedARAYAfter Market CloseListenACHENG RELAY000922.SZTime Not SuppliedAcme Packet, Inc.APKTAfter Market CloseListenAcme UnitedACU09:00 am ETListenACS, Actividades de Construcción y Servicios, S.A.ACS.MCAfter Market CloseACTELIOSACT.MI10:00 am ETActuate CorporationACTUAfter Market CloseListenAdaptec, Inc.ADPTTime Not SuppliedListenAdolor CorporationADLRTime Not SuppliedListenADVA Optical NetworkingADV.FTime Not SuppliedListenAetna Inc.AETBefore Market OpenListenAGL ResourcesAGLBefore Market OpenListenAgree Realty...Click here to read the whole Article (external link)
Gentiva(R) Health Services to Present at the Credit Suisse Healthcare Conference
ATLANTA, Nov. 2 /PRNewswire-FirstCall/ -- Gentiva Health Services, Inc. (Nasdaq: GTIV - News), a leading provider of comprehensive home health services, announced today that it plans to present at the Credit Suisse Healthcare Conference in Phoenix, Arizona at 2:00 p.m. to 2:30 p.m. ET (12:00 p.m. to 12:30 p.m. local time), Thursday, November 12, 2009. The presentations will be available to the public via a live audio web cast, which may be accessed by visiting http://investors.gentiva.com/events.cfm. Visitors to this site will also be able to request advance notifications of this or other upcoming Gentiva events.Gentiva executives will give attendees an overview of the Company's operations and strategic priorities, and review opportunities for growth as the U.S. home health industry provides more services to an aging population.About Gentiva Health Services, Inc. Gentiva Health Services, Inc. is a leading provider of comprehensive home health services, delivering innovative, high quality care to patients across the United States. Gentiva is a single source for skilled nursing; physical, occupational, speech and neurorehabilitation services; hospice services; social work; nutrition; disease management education; help with daily living activities; respiratory therapy and home medical equipme...Click here to read the whole Article (external link)
GENTIVA HEALTH SERVICES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
Show all filings for GENTIVA HEALTH SERVICES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for GENTIVA HEALTH SERVICES INC 29-Oct-2009Results of Operations and Financial Condition, Financial Statements a Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
Universal Healthcare Plays
Some employers have begun talking about how they'll make ends meet if their premiums go up from universal health care. They might offer lower overall coverage, or they could cut vision and dental benefits. Though it all might sound like a human resources issue, it could cut into the profits of opticians, and medical device and drug makers. If employers get stingy, you might want to avoid health care companies that got their revenues from more generous coverage.While large employers historically have used health care benefits to attract talent, these benefits are now becoming more of a hassle than they may be worth. Al Gubitosi, principal at Towers Perrin, a risk management firm, says one-third of the more than 100 companies his firm does consulting work with are evaluating their health care offerings. Those firms can either lower their benefits, which would increase co-payments and deductibles for employees, or they could drop their dental, pharmaceutical and vision plans. If people aren't able to get prescription drugs, dental care and glasses as cheaply as they could before, then these companies don't make good investments for you to own. Follow Intelligent Investing On Twitter. Sign Up For The Daily Intelligent Investing Newsletter. Andreas Dirnagl, managing director at Stephens, Inc., says many market watchers see the worst case scenarios receding, as the recent House bill was diluted regarding Medicare price mandates. Now that Medicare prices can still be negotiated and the Senate's bill is likely to be less radical than the Houses, Dirnagl says investor sentiment toward the health care sector is improving.Dirnagl says the bill has made health services investments look more attractive. He recommends the following home health service providers: ...Click here to read the whole Article (external link)
GENTIVA HEALTH SERVICES INC Financials
PERIOD ENDING27-Sep-0928-Jun-0929-Mar-0928-Dec-08Total Revenue295,592 298,103 288,917 282,930 Cost of Revenue143,490 141,175 140,809 139,378 Gross Profit152,102 156,928 148,108 143,552 Operating ExpensesResearch Development - - - - Selling General and Administrative126,624 127,186 125,355 119,093 Non Recurring5,747 85 (5,832)(61)Others - - - - Total Operating Expenses - - - - Operating Income or Loss19,731 29,657 28,585 24,520 Income from Continuing OperationsTotal Other Income/Expenses Net6,434 817 801 1,012 Earnings Before Interest And Taxes26,165 30,474 29,386 25,532 Interest Expense1,985 2,688 3,192 3,501 Income Before Tax24,180 27,786 26,194 22,031 Income Tax Expense9,013 10,954 8,450 9,165 Minority Interest - - - - Net Income From Continuing Ops15,405 17,095 18,022 12,811 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - ...Click here to read the whole Article (external link)
GENTIVA HEALTH SERVICES INC Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Forward-looking Statements Certain statements contained in this Quarterly Report on Form 10-Q, including, without limitation, statements containing the words "believes," "anticipates," "intends," "expects," "assumes," "trends" and similar expressions, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based upon the Company's current plans, expectations and projections about future events. However, such statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: • general economic and business conditions; • demographic changes; • changes in, or failure to comply with, existing governmental regulations; • legislative proposals for healthcare reform; • changes in Medicare and Medicaid reimbursement levels; • effects of competition in the markets in which the Company operates; • liability and other claims asserted against the Company; • ability to attract and retain qualified personnel; • ability to access capital markets; • availability and terms of capital; • loss of significant contracts or reduction in revenues associated with major payer sources; • ability of customers to pay for services; • business disruption due to natural disasters, pandemic outbreaks or terrorist acts; • ability to successfully integrate the operations of acquisitions the Company may make and achieve expected synergies and operational effi...Click here to read the whole Article (external link)
