rts logo

Ardent Health Partners Inc (ARDT) – Don’t Be So Quick to Call it Dead

Ardent Health Partners Inc (NYSE: ARDT) is -11.24% lower on its value in year-to-date trading and has touched a low of $13.63 and a high of $20.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ARDT stock was last observed hovering at around $14.01 in the last trading session, with the day’s gains setting it 1.15%.

Currently trading at $15.16, the stock is 2.66% and -1.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.03 million and changing 8.21% at the moment leaves the stock -10.08% off its SMA200. ARDT registered a loss of -13.47% in past 6-months.

The stock witnessed a 2.43% gain in the last 1 month and extending the period to 3 months gives it a -4.23%, and is 2.16% 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 5.25% over the week and 3.66% over the month.

Current P/E ratio is 10.22 and Fwd P/E is 7.06. Profit margin for the company is 3.53%. Distance from 52-week low is 11.23% and -26.83% from its 52-week high. The company has generated returns on investments over the last 12 months (6.26%).

with sales reaching $1.53B over the same period.The EPS is expected to grow by 23.58% this year, but quarterly earnings will post 5.91% year-over-year.

The shares outstanding are 142.75M, and float is at 22.86M with Short Float at 5.58%.

Ardent Health Partners Inc (ARDT) Insider Activity

The most recent transaction is an insider purchase by Webb Robert Thomas, the company’s Director. SEC filings show that Webb Robert Thomas bought 20,000 shares of the company’s common stock on Nov 08 ’24 at a price of $16.98 per share for a total of $0.34 million. Following the purchase, the insider now owns 40275.0 shares.

Related Posts