Addus HomeCare Corporation (ADUS) Scheduled to Post Quarterly Earnings on Monday
Addus HomeCare Corporation (NASDAQ:ADUS) will be issuing its quarterly earnings data after the market closes on Monday, August 7th. Analysts expect the company to announce earnings of $0.37 per share for the quarter.
Addus HomeCare Corporation (NASDAQ:ADUS) last posted its quarterly earnings data on Monday, May 8th. The company reported $0.32 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.01. Addus HomeCare Corporation had a return on equity of 10.29% and a net margin of 3.94%. The firm had revenue of $101.60 million for the quarter, compared to analyst estimates of $102.99 million. During the same quarter last year, the company earned $0.28 EPS. The company’s revenue was up 9.7% on a year-over-year basis. On average, analysts expect Addus HomeCare Corporation to post $1.59 EPS for the current fiscal year and $1.87 EPS for the next fiscal year.
Addus HomeCare Corporation (NASDAQ:ADUS) opened at 34.75 on Friday. The firm’s 50-day moving average price is $37.30 and its 200-day moving average price is $35.25. The company has a market cap of $397.33 million, a price-to-earnings ratio of 24.58 and a beta of 0.23. Addus HomeCare Corporation has a 1-year low of $18.57 and a 1-year high of $40.75.
Several research firms have issued reports on ADUS. Zacks Investment Research upgraded Addus HomeCare Corporation from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Friday, May 12th. BidaskClub downgraded Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, ValuEngine upgraded Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $37.50.
In other Addus HomeCare Corporation news, insider Brenda A. Belger sold 689 shares of the stock in a transaction on Friday, June 2nd. The stock was sold at an average price of $38.15, for a total transaction of $26,285.35. Following the sale, the insider now owns 12,086 shares in the company, valued at $461,080.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brenda A. Belger sold 6,250 shares of the stock in a transaction on Friday, June 9th. The stock was sold at an average price of $38.58, for a total value of $241,125.00. Following the sale, the insider now owns 17,331 shares in the company, valued at approximately $668,629.98. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 172,628 shares of company stock worth $6,788,008. Company insiders own 35.80% of the company’s stock.
Addus HomeCare Corporation Company Profile
Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.
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