Aveanna Healthcare Holdings Inc (NASDAQ: AVAH)’s stock price has gone rise by 9.17 in comparison to its previous close of 4.58, however, the company has experienced a 10.25% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-08-09 that Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH ) Q2 2024 Earnings Call August 8, 2024 10:00 AM ET Company Participants Debbie Stewart – Chief Accounting Officer Jeff Shaner – Chief Executive Officer Matt Buckhalter – Chief Financial Officer Conference Call Participants Ben Hendrix – RBC Scott Fidel – Stephens Inc A.J. Rice – UBS Pito Chickering – Deutsche Bank Operator Good morning and welcome to Aveanna Healthcare Holdings Second Quarter 2024 Earnings Conference Call.
Is It Worth Investing in Aveanna Healthcare Holdings Inc (NASDAQ: AVAH) Right Now?
Company’s 36-month beta value is 2.06.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AVAH is 54.75M, and currently, short sellers hold a 1.65% ratio of that floaft. The average trading volume of AVAH on August 16, 2024 was 219.45K shares.
AVAH’s Market Performance
The stock of Aveanna Healthcare Holdings Inc (AVAH) has seen a 10.25% increase in the past week, with a 29.87% rise in the past month, and a 83.82% gain in the past quarter. The volatility ratio for the week is 13.31%, and the volatility levels for the past 30 days are at 14.78% for AVAH. The simple moving average for the past 20 days is 21.20% for AVAH’s stock, with a 92.60% simple moving average for the past 200 days.
Analysts’ Opinion of AVAH
UBS, on the other hand, stated in their research note that they expect to see AVAH reach a price target of $1.50. The rating they have provided for AVAH stocks is “Sell” according to the report published on November 30th, 2023.
AVAH Trading at 52.96% from the 50-Day Moving Average
After a stumble in the market that brought AVAH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.96% of loss for the given period.
Volatility was left at 14.78%, however, over the last 30 days, the volatility rate increased by 13.31%, as shares surge +50.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +93.05% upper at present.
During the last 5 trading sessions, AVAH rose by +10.25%, which changed the moving average for the period of 200-days by +316.67% in comparison to the 20-day moving average, which settled at $4.21. In addition, Aveanna Healthcare Holdings Inc saw 86.57% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AVAH
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.3 for the gross margin
The net margin for Aveanna Healthcare Holdings Inc stands at -0.06. The total capital return value is set at 0.02. Equity return is now at value -567.05, with -7.36 for asset returns.
Based on Aveanna Healthcare Holdings Inc (AVAH), the company’s capital structure generated 1.09 points at debt to capital in total, while cash flow to debt ratio is standing at 0.01. The debt to equity ratio resting at -12.34. The interest coverage ratio of the stock is 0.27.
Currently, EBITDA for the company is 144.48 million with net debt to EBITDA at 9.22. When we switch over and look at the enterprise to sales, we see a ratio of 1.24. The receivables turnover for the company is 6.85for trailing twelve months and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In a nutshell, Aveanna Healthcare Holdings Inc (AVAH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
