Somewhat Favorable News Coverage Somewhat Unlikely to Affect Addus HomeCare Corporation (NASDAQ:ADUS) Stock Price
News headlines about Addus HomeCare Corporation (NASDAQ:ADUS) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Addus HomeCare Corporation earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.2886653775598 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Addus HomeCare’s (ADUS) CEO Dirk Allison on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Edited Transcript of ADUS earnings conference call or presentation 8-Aug-17 1:00pm GMT (finance.yahoo.com)
- Addus HomeCare posts 2Q profit (finance.yahoo.com)
- Addus Homecare Co. (ADUS) Releases Earnings Results, Beats Expectations By $0.01 EPS (americanbankingnews.com)
Shares of Addus HomeCare Corporation (NASDAQ ADUS) traded up 0.74% during mid-day trading on Friday, hitting $34.25. 36,079 shares of the stock traded hands. The stock has a 50-day moving average of $36.73 and a 200-day moving average of $35.23. The company has a market cap of $392.85 million, a price-to-earnings ratio of 24.45 and a beta of 0.23. Addus HomeCare Corporation has a 52 week low of $18.57 and a 52 week high of $40.75.
Addus HomeCare Corporation (NASDAQ:ADUS) last issued its quarterly earnings results on Monday, August 7th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.01. The business had revenue of $103.60 million during the quarter, compared to the consensus estimate of $104.39 million. Addus HomeCare Corporation had a net margin of 3.94% and a return on equity of 10.47%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.31 EPS. Analysts anticipate that Addus HomeCare Corporation will post $1.60 EPS for the current year.
Several research firms have commented on ADUS. BidaskClub cut shares of Addus HomeCare Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. ValuEngine raised shares of Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Finally, Zacks Investment Research cut shares of Addus HomeCare Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. Addus HomeCare Corporation currently has an average rating of “Hold” and an average target price of $37.50.
In related news, EVP Darby Anderson sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $37.78, for a total value of $188,900.00. Following the completion of the sale, the executive vice president now owns 31,604 shares in the company, valued at approximately $1,193,999.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Brenda A. Belger sold 689 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were sold at an average price of $38.15, for a total transaction of $26,285.35. Following the completion of the sale, the insider now owns 12,086 shares of the company’s stock, valued at approximately $461,080.90. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,939 shares of company stock valued at $456,310. 35.80% of the stock is owned by insiders.
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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