Shares of Addus HomeCare Corporation (NASDAQ:ADUS) have been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $42.50.

Several analysts recently weighed in on ADUS shares. BidaskClub downgraded shares of Addus HomeCare from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded shares of Addus HomeCare from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research report on Thursday, August 17th. Robert W. Baird reiterated a “hold” rating and issued a $40.00 price objective on shares of Addus HomeCare in a research report on Thursday, August 24th. Finally, Oppenheimer reiterated a “buy” rating and issued a $45.00 price objective on shares of Addus HomeCare in a research report on Tuesday, August 29th.

Large investors have recently modified their holdings of the stock. American International Group Inc. raised its position in shares of Addus HomeCare by 7.0% during the 1st quarter. American International Group Inc. now owns 4,548 shares of the company’s stock worth $146,000 after buying an additional 299 shares in the last quarter. ClariVest Asset Management LLC bought a new stake in shares of Addus HomeCare during the 2nd quarter worth about $201,000. Nordea Investment Management AB bought a new stake in shares of Addus HomeCare during the 2nd quarter worth about $201,000. First Trust Advisors LP bought a new stake in shares of Addus HomeCare during the 3rd quarter worth about $207,000. Finally, Eqis Capital Management Inc. bought a new stake in shares of Addus HomeCare during the 3rd quarter worth about $218,000. Hedge funds and other institutional investors own 92.98% of the company’s stock.

Shares of Addus HomeCare (ADUS) opened at $33.15 on Friday. The firm has a market cap of $385.93, a PE ratio of 21.93, a P/E/G ratio of 1.52 and a beta of 0.19. Addus HomeCare has a 52-week low of $29.90 and a 52-week high of $40.75. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.68 and a quick ratio of 2.68.

Addus HomeCare (NASDAQ:ADUS) last issued its quarterly earnings data on Monday, November 6th. The company reported $0.42 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The firm had revenue of $108.60 million for the quarter, compared to the consensus estimate of $108.99 million. Addus HomeCare had a net margin of 4.30% and a return on equity of 10.35%. Addus HomeCare’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period last year, the firm posted $0.39 EPS. equities analysts predict that Addus HomeCare will post 1.42 earnings per share for the current year.

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Addus HomeCare 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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