Addus HomeCare Corp. (ADUS) Trading Up 2.9%
Addus HomeCare Corp. (NASDAQ:ADUS) shot up 2.9% during trading on Friday . The company traded as high as $21.55 and last traded at $21.38, with a volume of 74,679 shares changing hands. The stock had previously closed at $20.77.
ADUS has been the subject of several research analyst reports. Zacks Investment Research downgraded Addus HomeCare Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd. Robert W. Baird reaffirmed a “hold” rating on shares of Addus HomeCare Corp. in a research note on Monday, May 16th. Finally, Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Addus HomeCare Corp. in a research note on Tuesday, May 3rd.
The firm has a 50 day moving average of $19.83 and a 200 day moving average of $19.61. The firm has a market cap of $242.90 million and a price-to-earnings ratio of 26.46.
Addus HomeCare Corp. (NASDAQ:ADUS) last announced its quarterly earnings results on Monday, August 1st. The company reported $0.31 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.31. During the same quarter in the prior year, the company earned $0.30 earnings per share. The firm had revenue of $100.90 million for the quarter, compared to analyst estimates of $101.41 million. The business’s revenue was up 17.6% compared to the same quarter last year. On average, equities research analysts forecast that Addus HomeCare Corp. will post $1.23 earnings per share 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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