Media stories about Addus HomeCare Corporation (NASDAQ:ADUS) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Addus HomeCare Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.2158037729494 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research analysts have commented on ADUS shares. Zacks Investment Research raised Addus HomeCare Corporation from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research report on Thursday, August 17th. ValuEngine raised Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and issued a $45.00 price target on shares of Addus HomeCare Corporation in a research report on Tuesday, August 29th. Robert W. Baird reaffirmed a “hold” rating and issued a $40.00 price target on shares of Addus HomeCare Corporation in a research report on Thursday, August 24th. Finally, BidaskClub cut Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $41.33.
Addus HomeCare Corporation (NASDAQ ADUS) traded down 0.72% during midday trading on Wednesday, hitting $34.50. The stock had a trading volume of 50,236 shares. The company’s 50 day moving average is $34.35 and its 200 day moving average is $35.16. The company has a market cap of $395.72 million, a price-to-earnings ratio of 24.63 and a beta of 0.23. Addus HomeCare Corporation has a 1-year low of $23.76 and a 1-year high of $40.75.
Addus HomeCare Corporation (NASDAQ:ADUS) last posted its earnings results on Monday, August 7th. The company reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.01. Addus HomeCare Corporation had a net margin of 3.94% and a return on equity of 10.47%. The business had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $104.39 million. During the same period in the prior year, the company posted $0.31 EPS. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, equities analysts anticipate that Addus HomeCare Corporation will post $1.60 earnings per share for the current fiscal year.
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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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