Addus HomeCare Co. (NASDAQ:ADUS – Get Rating)’s stock price gapped down before the market opened on Tuesday after Stephens lowered their price target on the stock from $110.00 to $101.00. The stock had previously closed at $77.81, but opened at $75.00. Addus HomeCare shares last traded at $73.95, with a volume of 281 shares changing hands.
Several other equities analysts also recently commented on ADUS. Bank of America assumed coverage on shares of Addus HomeCare in a report on Wednesday, April 13th. They set a “buy” rating and a $110.00 price target on the stock. Royal Bank of Canada cut their price target on shares of Addus HomeCare from $125.00 to $111.00 in a report on Wednesday, May 4th. Finally, StockNews.com assumed coverage on shares of Addus HomeCare in a report on Thursday, March 31st. They set a “buy” rating on the stock. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $109.25.
In other Addus HomeCare news, EVP Michael D. Wattenbarger sold 1,718 shares of the business’s stock in a transaction dated Tuesday, May 24th. The shares were sold at an average price of $85.00, for a total value of $146,030.00. Following the completion of the sale, the executive vice president now directly owns 7,012 shares of the company’s stock, valued at approximately $596,020. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last three months, insiders sold 1,992 shares of company stock valued at $168,502. 4.50% of the stock is owned by corporate insiders.
The stock’s 50-day moving average is $83.46 and its 200 day moving average is $83.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.65 and a quick ratio of 2.65. The company has a market cap of $1.20 billion, a PE ratio of 27.99, a PEG ratio of 2.11 and a beta of 0.87.
Addus HomeCare (NASDAQ:ADUS – Get Rating) last posted its earnings results on Monday, May 2nd. The company reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.01). Addus HomeCare had a net margin of 5.05% and a return on equity of 8.83%. The firm had revenue of $226.63 million for the quarter, compared to analysts’ expectations of $227.54 million. During the same period in the previous year, the company earned $0.62 EPS. On average, analysts expect that Addus HomeCare Co. will post 3.22 EPS for the current year.
About Addus HomeCare (NASDAQ:ADUS)
Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates through three segments: Personal Care, Hospice, and Home Health.
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