Addus HomeCare Co. Hits New 52-Week High at $24.16 (ADUS)
Shares of Addus HomeCare (NASDAQ:ADUS) hit a new 52-week high during trading on Wednesday, Analyst Ratings Network reports. The stock traded as high as $24.16 and last traded at $23.62, with a volume of 94,570 shares trading hands. The stock had previously closed at $23.22.
A number of analysts have recently weighed in on ADUS shares. Analysts at Oppenheimer raised their price target on shares of Addus HomeCare (NASDAQ:ADUS) from $13.00 to $19.00 in a research note to investors on Monday, August 5th. They now have a “market perform” rating on the stock. Separately, analysts at Zacks upgraded shares of Addus HomeCare (NASDAQ:ADUS) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, August 5th. They now have a $23.60 price target on the stock. Finally, analysts at Robert W. Baird downgraded shares of Addus HomeCare (NASDAQ:ADUS) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 16th. They now have a $20.00 price target on the stock, up previously from $14.00.
Addus HomeCare has a one year low of $5.00 and a one year high of $23.71. The stock’s 50-day moving average is $21.26 and its 200-day moving average is $16.52. The company has a market cap of $246.0 million and a P/E ratio of 11.88.
Addus HomeCare (NASDAQ:ADUS) last announced its earnings results on Thursday, August 1st. The company reported $0.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.01. The company had revenue of $65.80 million for the quarter, compared to the consensus estimate of $63.26 million. During the same quarter last year, the company posted $0.14 earnings per share. Addus HomeCare’s revenue was up 8.8% compared to the same quarter last year. Analysts expect that Addus HomeCare will post $0.94 EPS for the current fiscal year.
Addus HomeCare Corporation is a provider of a range of social and medical services in the home focused primarily on the dual eligible population.
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