Should I buy or sell CareMax stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareMax in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMAX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMAX, but not buy additional shares or sell existing shares. View CMAX analyst ratings or view top-rated stocks .

What is CareMax's stock price target for 2024?

3 brokers have issued 1-year price targets for CareMax's stock. Their CMAX share price targets range from $30.00 to $60.00. On average, they anticipate the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 1,435.8% from the stock's current price. View analysts price targets for CMAX or view top-rated stocks among Wall Street analysts .

How have CMAX shares performed in 2024?

CareMax's stock was trading at $14.9460 at the start of the year. Since then, CMAX shares have decreased by 80.4% and is now trading at $2.93. View the best growth stocks for 2024 here .

Are investors shorting CareMax?

CareMax saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 231,700 shares, an increase of 5.3% from the March 15th total of 220,100 shares. Based on an average daily trading volume, of 77,600 shares, the short-interest ratio is presently 3.0 days. Approximately 9.9% of the shares of the company are short sold. View CareMax's Short Interest .

When is CareMax's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our CMAX earnings forecast .

How were CareMax's earnings last quarter?

CareMax, Inc. (NASDAQ:CMAX) announced its quarterly earnings results on Monday, March, 18th. The company reported ($25.82) earnings per share for the quarter. The business earned $151.84 million during the quarter, compared to analysts' expectations of $191.31 million. CareMax had a negative trailing twelve-month return on equity of 35.76% and a negative net margin of 90.98%.

When did CareMax's stock split?

CareMax's stock reverse split before market open on Thursday, February 1st 2024. The 1-30 reverse split was announced on Thursday, February 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, February 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

How do I buy shares of CareMax?

Shares of CMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CMAX

CareMax (CMAX) Stock Price, News & Analysis

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Free CMAX Stock Alerts

$2.93

-0.32 (-9.85%)

(As of 04/16/2024 ET)

Compare

Today's Range: $2.92
▼
$3.19
50-Day Range: $2.88
▼
$14.90
52-Week Range: $2.75
▼
$126.00

Volume: 31,557 shs
Average Volume: 77,931 shs
Market Capitalization: $11.13 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $45.00

Get CareMax alerts:

CareMax MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1,435.8% Upside
$45.00 Price Target
Short Interest: Bearish
9.86% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.31
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($21.42) to ($13.81) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.17 out of 5 stars

Business Services Sector

203rd out of 310 stocks

Nursing & Personal Care Facilities Industry

3rd out of 4 stocks

3.0

Analyst's Opinion

Consensus Rating
CareMax has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
CareMax has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
9.86% of the float of CareMax has been sold short.
Short Interest Ratio / Days to Cover
CareMax has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CareMax has recently increased by 5.27%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
CareMax does not currently pay a dividend.
Dividend Growth
CareMax does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CMAX.

1.8

News and Social Media Coverage

News Sentiment
CareMax has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for CareMax this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for CMAX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added CareMax to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CareMax insiders have not sold or bought any company stock.
Percentage Held by Insiders
26.90% of the stock of CareMax is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
65.94% of the stock of CareMax is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for CareMax are expected to grow in the coming year, from ($21.42) to ($13.81) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CareMax is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of CareMax is -0.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
CareMax has a P/B Ratio of 0.18. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About CareMax Stock (NASDAQ:CMAX)

CareMax, Inc. provides care and chronic disease management services through physicians and health care professionals. It offers a suite of health care and social services to its patients, including primary care, specialty care, telemedicine, health and wellness, optometry, dental, pharmacy, and transportation; and services to children and adults through Medicaid programs, as well as through commercial insurance plans. The company also provides CareOptimize, a proprietary software and services platform that provides data, analytics, and rules-based decision tools/workflows for physicians in the United States. It operates multi-specialty medical care centers in Florida, New York, Tennessee, and Texas. The company is headquartered in Miami, Florida.

CMAX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CMAX Stock News Headlines

April 13, 2024 | investing.com

CareMax shares target cut amid liquidity concerns

April 7, 2024 | investorplace.com

3 Stocks That Are Actually Worth Shorting for Endless Gains

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 20, 2024 | investing.com

Earnings call: CareMax outlines strategic shifts amid sector headwinds

March 19, 2024 | finance.yahoo.com

CareMax, Inc. (NASDAQ:CMAX) Q4 2023 Earnings Call Transcript

March 18, 2024 | bizjournals.com

Health care public company cuts staff, closes locations amid $466M loss

March 18, 2024 | markets.businessinsider.com

CareMax Slips To Q4 Loss On Higher Charges, Weak Revenues; Explores Strategic Options

March 18, 2024 | businesswire.com

CareMax Reports Fourth Quarter and Full Year 2023 Results

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 12, 2024 | prnewswire.com

CMAX ALERT: Levi & Korsinsky, LLP Commences an Investigation of CareMax, Inc. (CMAX) f/k/a Deerfield Healthcare Technology Acquisitions Corp. (DFHT)

March 11, 2024 | msn.com

U.S. shares mixed at close of trade; Dow Jones Industrial Average up 0.12%

February 24, 2024 | msn.com

CareMax (CMAX) Price Target Increased by 2747.83% to 66.81

February 6, 2024 | msn.com

CareMax Executes Reverse Stock Split, Adjusts Fiscal Year

February 6, 2024 | msn.com

CareMax Security Holders Rights Undergo Significant Changes

January 30, 2024 | msn.com

CareMax Stockholders Approve Reverse Split Vote

January 30, 2024 | msn.com

CareMax Announces Reverse Stock Split Effective January 2024

January 29, 2024 | finance.yahoo.com

CareMax Announces 1-for-30 Reverse Stock Split

January 9, 2024 | markets.businessinsider.com

Truist Financial Keeps Their Hold Rating on CareMax (CMAX)

December 1, 2023 | markets.businessinsider.com

Buy Rating Reaffirmed for CareMax Amid Strategic Shift Toward Free Cash Flow and Long-term Growth

November 18, 2023 | msn.com

UBS Downgrades CareMax Inc - (CMAX)

November 12, 2023 | finance.yahoo.com

CareMax, Inc. (NASDAQ:CMAX) Q3 2023 Earnings Call Transcript

November 11, 2023 | benzinga.com

CareMax Stock (NASDAQ:CMAX), Analyst Ratings, Price Targets, Predictions

November 11, 2023 | msn.com

Piper Sandler Downgrades CareMax Inc - (CMAX)

November 10, 2023 | za.investing.com

CareMax cut as Piper Sandler 'cannot continue to recommend the stock'

November 9, 2023 | finance.yahoo.com

CareMax Reports Third Quarter 2023 Results

November 9, 2023 | finance.yahoo.com

CareMax Inc (CMAX) Reports Growth Amidst Challenges in Q3 2023

October 25, 2023 | finance.yahoo.com

CareMax Schedules Third Quarter 2023 Earnings Conference Call

See More Headlines

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Company Calendar

Last Earnings: 3/18/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Nursing & personal care facilities
Sub-Industry: N/A
Current Symbol: NASDAQ:CMAX
CUSIP: N/A
CIK: 1813914
Web: www.caremax.com
Phone: 786-360-4768
Fax: N/A
Employees: 1,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $45.00
High Stock Price Target: $60.00
Low Stock Price Target: $30.00
Potential Upside/Downside: +1,435.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($183.0887)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-683,350,000.00
Net Margins: -90.98%
Pretax Margin: -91.09%
Return on Equity: -35.76%
Return on Assets: -15.93%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 0.42
Quick Ratio: 0.42

Sales & Book Value

Annual Sales: $751.10 million
Price / Sales: 0.01
Cash Flow: $97.67 per share
Price / Cash Flow: 0.03
Book Value: $16.42 per share
Price / Book: 0.18

Miscellaneous

Outstanding Shares: 3,800,000
Free Float: 2,780,000
Market Cap: $11.13 million
Optionable: Optionable
Beta: 0.79

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Key Executives

Mr. Carlos A. de Solo (Age 45)
Co-Founder, President, CEO & Director
Comp: $1.3M
Mr. Kevin C. Wirges (Age 44)
Executive VP, CFO & Treasurer
Comp: $705.05k
Mr. Alberto R. de Solo (Age 47)
Executive VP & COO
Comp: $905.35k
Mr. Erick Anthony Fernandez (Age 45)
Chief Accounting Officer
Mr. Mark Llorente
Chief Administrative Officer & Head of MSO Operations
Roger Ou
SVP of Finance & Investor Relations
Ms. Meredith Longsworth
Senior VP, General Counsel & Secretary
Ms. Teresa McMeans
Chief Compliance Officer
Ms. Regla Wuilchrist
Chief People Officer
Mr. Niberto Moreno M.D.
Chief Medical Officer & President of Caremax MSO

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CMAX Stock Analysis - Frequently Asked Questions

Should I buy or sell CareMax stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CareMax in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CMAX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMAX, but not buy additional shares or sell existing shares.
View CMAX analyst ratings or view top-rated stocks.
What is CareMax's stock price target for 2024?: 3 brokers have issued 1-year price targets for CareMax's stock. Their CMAX share price targets range from $30.00 to $60.00. On average, they anticipate the company's stock price to reach $45.00 in the next year. This suggests a possible upside of 1,435.8% from the stock's current price.
View analysts price targets for CMAX or view top-rated stocks among Wall Street analysts.
How have CMAX shares performed in 2024?: CareMax's stock was trading at $14.9460 at the start of the year. Since then, CMAX shares have decreased by 80.4% and is now trading at $2.93.
View the best growth stocks for 2024 here.
Are investors shorting CareMax?: CareMax saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 231,700 shares, an increase of 5.3% from the March 15th total of 220,100 shares. Based on an average daily trading volume, of 77,600 shares, the short-interest ratio is presently 3.0 days. Approximately 9.9% of the shares of the company are short sold.
View CareMax's Short Interest.

When is CareMax's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our CMAX earnings forecast.
How were CareMax's earnings last quarter?: CareMax, Inc. (NASDAQ:CMAX) announced its quarterly earnings results on Monday, March, 18th. The company reported ($25.82) earnings per share for the quarter. The business earned $151.84 million during the quarter, compared to analysts' expectations of $191.31 million. CareMax had a negative trailing twelve-month return on equity of 35.76% and a negative net margin of 90.98%.
When did CareMax's stock split?: CareMax's stock reverse split before market open on Thursday, February 1st 2024. The 1-30 reverse split was announced on Thursday, February 1st 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, February 1st 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.
How do I buy shares of CareMax?: Shares of CMAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CMAX) was last updated on 4/16/2024 by MarketBeat.com Staff

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CareMax (CMAX) Stock Price, News & Analysis

CareMax MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About CareMax Stock (NASDAQ:CMAX)

CMAX Stock Price History

CMAX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

CMAX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™