Addus HomeCare Corp. (ADUS) Shares Up 7.9%
Addus HomeCare Corp. (NASDAQ:ADUS)’s share price shot up 7.9% on Thursday . The stock traded as high as $23.33 and last traded at $22.97, with a volume of 102,305 shares changing hands. The stock had previously closed at $21.28.
Several research firms have weighed in on ADUS. Zacks Investment Research downgraded Addus HomeCare Corp. from a “hold” rating to a “sell” rating in a research report on Wednesday, August 3rd. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Addus HomeCare Corp. in a research report on Tuesday, May 3rd. Finally, Robert W. Baird reaffirmed a “hold” rating on shares of Addus HomeCare Corp. in a research report on Monday, May 16th.
The company has a market capitalization of $261.64 million and a price-to-earnings ratio of 28.50. The company has a 50-day moving average price of $20.19 and a 200 day moving average price of $19.63.
Addus HomeCare Corp. (NASDAQ:ADUS) last issued its quarterly earnings data on Monday, August 1st. The company reported $0.31 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.31. The company earned $100.90 million during the quarter, compared to analysts’ expectations of $101.41 million. During the same quarter in the prior year, the company earned $0.30 earnings per share. The firm’s revenue was up 17.6% compared to the same quarter last year. On average, analysts predict that Addus HomeCare Corp. will post $1.23 EPS for the current 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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