Addus Homecare Co. (ADUS) Trading 4.9% Higher
Addus Homecare Co. (NASDAQ:ADUS) shares traded up 4.9% during mid-day trading on Friday . The stock traded as high as $21.87 and last traded at $21.73, with a volume of 52,493 shares. The stock had previously closed at $20.71.
Several research analysts have issued reports on the stock. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Addus Homecare in a report on Tuesday, May 3rd. Robert W. Baird reaffirmed a “hold” rating on shares of Addus Homecare in a report on Monday, May 16th. Finally, Zacks Investment Research cut shares of Addus Homecare from a “hold” rating to a “sell” rating in a report on Wednesday, August 3rd.
The company has a 50 day moving average price of $19.19 and a 200 day moving average price of $19.59. The company has a market capitalization of $247.74 million and a PE ratio of 26.73.
Addus Homecare (NASDAQ:ADUS) last posted its quarterly earnings results on Monday, August 1st. The company reported $0.31 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.31. The company earned $100.90 million during the quarter, compared to the consensus estimate of $101.41 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Equities research analysts anticipate that Addus Homecare Co. will post $1.23 EPS for the current fiscal year.
Addus HomeCare Corporation is a provider of home and community-based personal care services, which are provided primarily in the home, and is focused on the dual eligible (Medicare/Medicaid) population. The Company’s services include non-medical care, such as personal care, home support services and adult day care.
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