Addus HomeCare Co. (NASDAQ:ADUS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Addus HomeCare Co. (NASDAQ:ADUS) have received a consensus rating of “Moderate Buy” from the seven brokerages that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $103.00.

Several brokerages have recently weighed in on ADUS. Oppenheimer reiterated an “outperform” rating and set a $118.00 price objective on shares of Addus HomeCare in a report on Tuesday, March 26th. Barclays downgraded Addus HomeCare from an “equal weight” rating to an “underweight” rating and set a $83.00 price target on the stock. in a research note on Tuesday, April 23rd. Royal Bank of Canada reissued an “outperform” rating and issued a $102.00 price objective on shares of Addus HomeCare in a research note on Thursday, February 29th. Finally, William Blair reaffirmed an “outperform” rating on shares of Addus HomeCare in a research report on Monday, February 5th.

Institutional Trading of Addus HomeCare

Institutional investors and hedge funds have recently made changes to their positions in the company. Principal Securities Inc. bought a new stake in Addus HomeCare in the 4th quarter worth about $26,000. BluePath Capital Management LLC purchased a new position in shares of Addus HomeCare in the 3rd quarter worth approximately $31,000. GAMMA Investing LLC bought a new position in shares of Addus HomeCare in the fourth quarter valued at approximately $34,000. Assetmark Inc. increased its position in shares of Addus HomeCare by 17.1% during the third quarter. Assetmark Inc. now owns 1,331 shares of the company’s stock valued at $113,000 after acquiring an additional 194 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale bought a new stake in Addus HomeCare during the third quarter worth $189,000. Hedge funds and other institutional investors own 95.35% of the company’s stock.

Addus HomeCare Stock Up 2.1 %

Shares of Addus HomeCare stock opened at $96.15 on Friday. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 25.04, a PEG ratio of 1.86 and a beta of 0.95. The stock’s 50-day moving average is $97.69 and its 200 day moving average is $91.88. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.38 and a quick ratio of 1.38. Addus HomeCare has a one year low of $77.30 and a one year high of $104.61.

Addus HomeCare (NASDAQ:ADUS) last announced its quarterly earnings data on Monday, February 26th. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.04 by $0.17. Addus HomeCare had a net margin of 5.91% and a return on equity of 9.70%. The company had revenue of $276.35 million during the quarter, compared to the consensus estimate of $274.02 million. Equities research analysts anticipate that Addus HomeCare will post 4.38 EPS for the current year.

About Addus HomeCare

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company operates through three segments: Personal Care, Hospice, and Home Health.