Addus Homecare (NASDAQ:ADUS) will be announcing its earnings results after the market closes on Monday, November 5th. Analysts expect the company to announce earnings of $0.40 per share for the quarter.
Addus Homecare (NASDAQ:ADUS) last posted its quarterly earnings data on Tuesday, August 7th. The company reported $0.50 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.01). Addus Homecare had a return on equity of 10.45% and a net margin of 3.43%. The company had revenue of $131.24 million for the quarter, compared to analyst estimates of $127.81 million. On average, analysts expect Addus Homecare to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ:ADUS opened at $65.40 on Friday. Addus Homecare has a 12 month low of $30.95 and a 12 month high of $72.55. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.09 and a quick ratio of 3.09. The firm has a market cap of $835.35 million, a PE ratio of 45.10, a P/E/G ratio of 2.65 and a beta of -0.26.
In related news, major shareholder Eos Capital Partners Iii L. P sold 1,024,733 shares of the firm’s stock in a transaction on Monday, August 20th. The shares were sold at an average price of $59.00, for a total transaction of $60,459,247.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 34.80% of the company’s stock.
Several equities research analysts have recently commented on ADUS shares. Royal Bank of Canada started coverage on shares of Addus Homecare in a research note on Monday, October 8th. They set an “outperform” rating and a $81.00 price objective for the company. BidaskClub upgraded shares of Addus Homecare from a “hold” rating to a “buy” rating in a research note on Friday, September 7th. Jefferies Financial Group started coverage on shares of Addus Homecare in a research note on Tuesday, August 21st. They set a “buy” rating and a $75.00 price objective for the company. Robert W. Baird reiterated a “hold” rating and set a $65.00 price objective on shares of Addus Homecare in a research note on Wednesday, August 8th. Finally, Cantor Fitzgerald started coverage on shares of Addus Homecare in a research note on Wednesday, September 12th. They set an “overweight” rating and a $77.00 price objective for the company. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $72.50.
Addus Homecare Company Profile
Addus HomeCare Corporation provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company's personal care services offer assistance with activities of daily living. Its services include assistance with bathing, grooming, oral care, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services, as well as other activities of daily living.
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