Addus HomeCare Corporation (NASDAQ: ADUS) has a price-to-earnings ratio that is above its average at 28.01x. The stock has a 36-month beta value of 1.01. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ADUS is 16.02M, and at present, short sellers hold a 1.84% of that float. On June 27, 2024, the average trading volume of ADUS was 123.51K shares.
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ADUS) stock’s latest price update
Addus HomeCare Corporation (NASDAQ: ADUS) has experienced a decline in its stock price by -5.64 compared to its previous closing price of 119.52. However, the company has seen a fall of -3.52% in its stock price over the last five trading days. businesswire.com reported 2024-06-26 that FRISCO, Texas–(BUSINESS WIRE)–Addus HomeCare Corporation (Nasdaq: ADUS) (“Addus” or the “Company”), a provider of home care services, today announced the pricing of an underwritten public offering of 1,500,000 shares of common stock (“Common Stock”) at the public offering price of $108.00 per share. Addus has granted the underwriters a 30-day option to purchase up to 225,000 additional shares of Common Stock on the same terms and conditions. The gross proceeds to the Company from the offering.
ADUS’s Market Performance
Addus HomeCare Corporation (ADUS) has experienced a -3.52% fall in stock performance for the past week, with a 0.87% rise in the past month, and a 8.71% rise in the past quarter. The volatility ratio for the week is 1.79%, and the volatility levels for the past 30 days are at 2.49% for ADUS. The simple moving average for the last 20 days is -3.08% for ADUS’s stock, with a simple moving average of 18.95% for the last 200 days.
Analysts’ Opinion of ADUS
Many brokerage firms have already submitted their reports for ADUS stocks, with Barclays repeating the rating for ADUS by listing it as a “Underweight.” The predicted price for ADUS in the upcoming period, according to Barclays is $83 based on the research report published on April 23, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see ADUS reach a price target of $88. The rating they have provided for ADUS stocks is “Equal Weight” according to the report published on March 06th, 2024.
ADUS Trading at 4.19% from the 50-Day Moving Average
After a stumble in the market that brought ADUS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.43% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares surge +1.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.51% upper at present.
During the last 5 trading sessions, ADUS fell by -3.34%, which changed the moving average for the period of 200-days by +34.54% in comparison to the 20-day moving average, which settled at $116.47. In addition, Addus HomeCare Corporation saw 21.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ADUS starting from Stevenson Roberton James, who sale 217 shares at the price of $116.13 back on Jun 17 ’24. After this action, Stevenson Roberton James now owns 10,217 shares of Addus HomeCare Corporation, valued at $25,200 using the latest closing price.
Stevenson Roberton James, the EVP & Chief HR Officer of Addus HomeCare Corporation, sale 109 shares at $103.93 during a trade that took place back on Apr 01 ’24, which means that Stevenson Roberton James is holding 10,434 shares at $11,328 based on the most recent closing price.
Stock Fundamentals for ADUS
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.32 for the gross margin
The net margin for Addus HomeCare Corporation stands at 0.06. The total capital return value is set at 0.11. Equity return is now at value 9.56, with 6.75 for asset returns.
Based on Addus HomeCare Corporation (ADUS), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.88. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 9.3.
Currently, EBITDA for the company is 111.0 million with net debt to EBITDA at 0.65. When we switch over and look at the enterprise to sales, we see a ratio of 1.77. The receivables turnover for the company is 10.32for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.35.
Conclusion
To sum up, Addus HomeCare Corporation (ADUS) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
