Equities research analysts expect that Addus HomeCare Corporation (NASDAQ:ADUS) will announce earnings of $0.42 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Addus HomeCare Corporation’s earnings, with the lowest EPS estimate coming in at $0.41 and the highest estimate coming in at $0.42. Addus HomeCare Corporation posted earnings per share of $0.39 during the same quarter last year, which indicates a positive year over year growth rate of 7.7%. The firm is expected to issue its next quarterly earnings report after the market closes on Monday, November 6th.

According to Zacks, analysts expect that Addus HomeCare Corporation will report full year earnings of $1.60 per share for the current fiscal year, with EPS estimates ranging from $1.59 to $1.61. For the next fiscal year, analysts expect that the business will post earnings of $1.82 per share, with EPS estimates ranging from $1.68 to $1.91. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Addus HomeCare Corporation.

Addus HomeCare Corporation (NASDAQ:ADUS) last released its 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 firm had revenue of $103.60 million for the quarter, compared to analysts’ expectations of $104.39 million. Addus HomeCare Corporation had a return on equity of 10.47% and a net margin of 3.94%. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.31 EPS.

Several research analysts have issued reports on the company. Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $45.00 price target on shares of Addus HomeCare Corporation in a report on Tuesday, September 19th. Robert W. Baird reiterated a “hold” rating and issued a $40.00 price target on shares of Addus HomeCare Corporation in a report on Thursday, August 24th. Zacks Investment Research lowered Addus HomeCare Corporation from a “buy” rating to a “hold” rating in a report on Friday, August 18th. BidaskClub lowered Addus HomeCare Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Finally, ValuEngine upgraded Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $41.33.

Several hedge funds have recently bought and sold shares of the company. Bowling Portfolio Management LLC lifted its holdings in shares of Addus HomeCare Corporation by 0.5% in the second quarter. Bowling Portfolio Management LLC now owns 18,089 shares of the company’s stock valued at $673,000 after purchasing an additional 85 shares in the last quarter. American International Group Inc. lifted its holdings in shares of Addus HomeCare Corporation by 7.0% in the first quarter. American International Group Inc. now owns 4,548 shares of the company’s stock valued at $146,000 after purchasing an additional 299 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Addus HomeCare Corporation by 8.5% in the second quarter. The Manufacturers Life Insurance Company now owns 6,614 shares of the company’s stock valued at $246,000 after purchasing an additional 517 shares in the last quarter. Eagle Global Advisors LLC lifted its holdings in shares of Addus HomeCare Corporation by 7.8% in the second quarter. Eagle Global Advisors LLC now owns 15,500 shares of the company’s stock valued at $577,000 after purchasing an additional 1,120 shares in the last quarter. Finally, Algert Global LLC lifted its holdings in shares of Addus HomeCare Corporation by 14.1% in the second quarter. Algert Global LLC now owns 13,762 shares of the company’s stock valued at $512,000 after purchasing an additional 1,705 shares in the last quarter. Institutional investors own 93.02% of the company’s stock.

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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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