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Will Amedisys Inc (AMED) benefit from Wall Street bulls Calls?

Amedisys Inc (NASDAQ: AMED) is 1.99% higher on its value in year-to-date trading and has touched a low of $82.15 and a high of $98.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AMED stock was last observed hovering at around $92.78 in the last trading session, with the day’s loss setting it -0.18%.

Currently trading at $92.60, the stock is 0.22% and 3.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing -0.19% at the moment leaves the stock -1.52% off its SMA200. AMED registered -1.08% loss for a year compared to 6-month loss of -5.34%. The firm has a 50-day simple moving average (SMA 50) of $89.7486 and a 200-day simple moving average (SMA200) of $94.0292.

The stock witnessed a 0.81% gain in the last 1 month and extending the period to 3 months gives it a 1.76%, and is 0.67% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.49% over the week and 0.66% over the month.

Amedisys Inc (AMED) has around 19000 employees, a market worth around $3.03B and $2.32B in sales. Current P/E ratio is 36.87 and Fwd P/E is 18.94. Profit margin for the company is 3.57%. Distance from 52-week low is 12.72% and -6.42% from its 52-week high. The company has generated returns on investments over the last 12 months (5.35%).

with sales reaching $602.38M over the same period.The EPS is expected to grow by 1.84% this year, but quarterly earnings will post 5.60% year-over-year. Quarterly sales are estimated to grow 5.54% in year-over-year returns.

Amedisys Inc (AMED) Top Institutional Holders

389.0 institutions hold shares in Amedisys Inc (AMED), with institutional investors hold 93.68% of the company’s shares. The shares outstanding are 32.75M, and float is at 32.07M with Short Float at 7.94%. Institutions hold 91.95% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.23 million shares valued at $296.3 million. The investor’s holdings represent 9.8797% of the AMED Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.1 million shares valued at $$284.69 million to account for 9.4924 of the shares outstanding. The other top investors are ALPINE ASSOCIATES MANAGEMENT INC. which holds 1.28 million shares representing 3.9164% and valued at over $117.59 million, while FIL LTD holds 3.5011 of the shares totaling 1.15 million with a market value of $105.12 million.

Amedisys Inc (AMED) Insider Activity

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