Addus HomeCare Corp. (ADUS) Shares Up 7.9%
Addus HomeCare Corp. (NASDAQ:ADUS) shares 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. The stock had previously closed at $21.28.
Several research firms have weighed in on ADUS. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Addus HomeCare Corp. in a research note on Tuesday, May 3rd. Robert W. Baird restated a “hold” rating on shares of Addus HomeCare Corp. in a research note on Monday, May 16th. Finally, Zacks Investment Research downgraded Addus HomeCare Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, August 3rd.
The stock has a market cap of $260.85 million and a price-to-earnings ratio of 28.42. The stock has a 50 day moving average of $20.32 and a 200 day moving average of $19.64.
Addus HomeCare Corp. (NASDAQ:ADUS) last announced its quarterly earnings data on Monday, August 1st. The company reported $0.31 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.31. The firm earned $100.90 million during the quarter, compared to analysts’ expectations of $101.41 million. During the same quarter in the previous year, the business earned $0.30 earnings per share. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. Equities analysts predict 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.