Share on StockTwits

Chemed (NYSE:CHE) EVP Timothy S. Otoole sold 9,000 shares of the company’s stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $87.62, for a total value of $788,580.00. Following the transaction, the executive vice president now directly owns 31,170 shares in the company, valued at approximately $2,731,115. The transaction was disclosed in a document filed with the SEC, which is available at this link.

A number of research firms have recently commented on CHE. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Chemed in a research note on Thursday, May 1st. They now have a $75.00 price target on the stock. Separately, analysts at Oppenheimer raised their price target on shares of Chemed from $90.00 to $92.00 in a research note on Thursday, May 1st. They now have an “outperform” rating on the stock. Finally, analysts at Zacks downgraded shares of Chemed from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. They now have a $93.90 price target on the stock.

Chemed (NYSE:CHE) traded down 0.71% on Thursday, hitting $87.31. 154,062 shares of the company’s stock traded hands. Chemed has a 52 week low of $64.16 and a 52 week high of $92.43. The stock has a 50-day moving average of $87.65 and a 200-day moving average of $80.71. The company has a market cap of $1.531 billion and a P/E ratio of 21.42.

Chemed (NYSE:CHE) last announced its earnings results on Tuesday, April 29th. The company reported $1.32 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.32. The company had revenue of $358.30 million for the quarter, compared to the consensus estimate of $256.77 million. During the same quarter in the prior year, the company posted $1.38 earnings per share. The company’s quarterly revenue was down 2.3% on a year-over-year basis. On average, analysts predict that Chemed will post $5.87 earnings per share for the current fiscal year.

Chemed Corporation (NYSE:CHE) purchases, operates and divests subsidiaries engaged in diverse business activities.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.