Tivity Health, Inc. provides fitness and health products primarily for seniors and older adults in the United States.
Tivity Health Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$22.05|
|52 Week High||US$13.23|
|52 Week Low||US$27.87|
|1 Month Change||-3.63%|
|3 Month Change||-18.58%|
|1 Year Change||54.20%|
|3 Year Change||-31.84%|
|5 Year Change||-14.73%|
|Change since IPO||823.02%|
Recent News & Updates
Reassessing Tivity Health After Shares' Huge Move Off Pandemic Low
Shares of Tivity Health have rebounded some 1000% off of their pandemic-induced lows of March 2020, owing to an expectation of its members returning to the gym en masse. The rapid about face on its recently acquired (and now disposed of) Nutrisystem subsidiary will allow the company to focus on its core competency. With its digital offerings speeded up by the pandemic, member participation currently at only half pre-pandemic levels, and insider buying, it's time for an update on Tivity. A full investment analysis is provided in the paragraphs below.
|TVTY||US Healthcare||US Market|
Return vs Industry: TVTY exceeded the US Healthcare industry which returned 34.3% over the past year.
Return vs Market: TVTY exceeded the US Market which returned 33% over the past year.
Stable Share Price: TVTY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TVTY's weekly volatility (4%) has been stable over the past year.
About the Company
Tivity Health, Inc. provides fitness and health products primarily for seniors and older adults in the United States. The company offers SilverSneakers to members of Medicare Advantage, Medicare Supplement, and group retiree plans; Prime Fitness, a fitness facility access program through commercial health plans, employers, and other sponsoring organizations; virtual fitness experiences, including live instructor-led classes; and WholeHealth living program, a continuum of services related to complementary, alternative, and physical medicine. It also provides Wisely Well brand meals designed to support individuals and caregivers who are seeking meal convenience, as well as those recovering after a hospitalization or living with chronic conditions.
Tivity Health Fundamentals Summary
|TVTY fundamental statistics|
Is TVTY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TVTY income statement (TTM)|
|Cost of Revenue||US$227.33m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.22|
|Net Profit Margin||14.17%|
How did TVTY perform over the long term?See historical performance and comparison
Is Tivity Health undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TVTY ($22.05) is trading above our estimate of fair value ($20.23)
Significantly Below Fair Value: TVTY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TVTY is good value based on its PE Ratio (18.2x) compared to the US Healthcare industry average (22.1x).
PE vs Market: TVTY is poor value based on its PE Ratio (18.2x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: TVTY is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: TVTY is overvalued based on its PB Ratio (31.5x) compared to the US Healthcare industry average (3.3x).
How is Tivity Health forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TVTY's forecast earnings growth (20.4% per year) is above the savings rate (2%).
Earnings vs Market: TVTY's earnings (20.4% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TVTY's revenue (10.3% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: TVTY's revenue (10.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TVTY's Return on Equity is forecast to be very high in 3 years time (101.8%).
How has Tivity Health performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TVTY has a large one-off loss of $26.6M impacting its June 30 2021 financial results.
Growing Profit Margin: TVTY's current net profit margins (14.2%) are lower than last year (15.1%).
Past Earnings Growth Analysis
Earnings Trend: TVTY's earnings have declined by 3.6% per year over the past 5 years.
Accelerating Growth: TVTY's earnings growth over the past year (24.1%) exceeds its 5-year average (-3.6% per year).
Earnings vs Industry: TVTY earnings growth over the past year (24.1%) underperformed the Healthcare industry 32.2%.
Return on Equity
High ROE: Whilst TVTY's Return on Equity (172.79%) is outstanding, this metric is skewed due to their high level of debt.
How is Tivity Health's financial position?
Financial Position Analysis
Short Term Liabilities: TVTY's short term assets ($108.9M) exceed its short term liabilities ($85.5M).
Long Term Liabilities: TVTY's short term assets ($108.9M) do not cover its long term liabilities ($403.5M).
Debt to Equity History and Analysis
Debt Level: TVTY's debt to equity ratio (1186.8%) is considered high.
Reducing Debt: TVTY's debt to equity ratio has increased from 233% to 1186.8% over the past 5 years.
Debt Coverage: TVTY's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: TVTY's interest payments on its debt are well covered by EBIT (3.5x coverage).
What is Tivity Health current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TVTY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TVTY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TVTY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TVTY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TVTY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Ashworth (46 yo)
Mr. Richard M. Ashworth serves as President, Chief Executive Officer and Director at Tivity Health, Inc. since June 1, 2020. He served as President of Walgreens at Walgreens Boots Alliance, Inc since Febru...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD11.85M) is above average for companies of similar size in the US market ($USD2.34M).
Compensation vs Earnings: Insufficient data to compare Richard's compensation with company performance.
Experienced Management: TVTY's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Experienced Board: TVTY's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TVTY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.2%.
Tivity Health, Inc.'s employee growth, exchange listings and data sources
- Name: Tivity Health, Inc.
- Ticker: TVTY
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Health Care Services
- Sector: Healthcare
- Market Cap: US$1.095b
- Shares outstanding: 49.64m
- Website: https://www.tivityhealth.com
Number of Employees
- Tivity Health, Inc.
- 701 Cool Springs Boulevard
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 00:09|
|End of Day Share Price||2021/09/21 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.