AdaptHealth Corp (NASDAQ: AHCO) is -12.08% lower on its value in year-to-date trading and has touched a low of $7.11 and a high of $11.90 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 AHCO stock was last observed hovering at around $8.16 in the last trading session, with the day’s gains setting it 0.21%.
Currently trading at $8.37, the stock is -4.53% and -12.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing 2.57% at the moment leaves the stock -17.49% off its SMA200. AHCO registered -12.63% loss for a year compared to 6-month gain of -20.74%. The firm has a 50-day simple moving average (SMA 50) of $9.5663 and a 200-day simple moving average (SMA200) of $10.14385.
The stock witnessed a -21.33% loss in the last 1 month and extending the period to 3 months gives it a -21.63%, and is 12.42% 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 6.79% over the week and 6.55% over the month.
AdaptHealth Corp (AHCO) has around 10500 employees, a market worth around $1.13B and $3.26B in sales. Current P/E ratio is 13.84 and Fwd P/E is 6.85. Profit margin for the company is 2.53%. Distance from 52-week low is 17.80% and -29.66% from its 52-week high. The company has generated returns on investments over the last 12 months (2.27%).
with sales reaching $764.77M over the same period.The EPS is expected to grow by 0.14% this year, but quarterly earnings will post 0.21% year-over-year. Quarterly sales are estimated to shrink -3.50% in year-over-year returns.
AdaptHealth Corp (AHCO) Top Institutional Holders
299.0 institutions hold shares in AdaptHealth Corp (AHCO), with institutional investors hold 115.61% of the company’s shares. The shares outstanding are 134.60M, and float is at 86.60M with Short Float at 9.78%. Institutions hold 101.86% of the Float.
The top institutional shareholder in the company is OEP CAPITAL ADVISORS, L.P. with over 13.82 million shares valued at $138.18 million. The investor’s holdings represent 10.3726% of the AHCO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.58 million shares valued at $135.75 million to account for 10.1904 of the shares outstanding. The other top investors are DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) which holds 13.26 million shares representing 9.9521% and valued at over $132.58 million, while VANGUARD GROUP INC holds 8.0253 of the shares totaling 10.69 million with a market value of $106.91 million.
AdaptHealth Corp (AHCO) Insider Activity
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AdaptHealth Corp disclosed in a document filed with the SEC on Dec 10 ’24 that Clemens Jason A (Chief Financial Officer) sold a total of 35,000 shares of the company’s common stock. The trade occurred on Dec 10 ’24 and was made at $9.35 per share for $0.33 million. Following the transaction, the insider now directly holds 0.42 million shares of the AHCO stock.
Still, SEC filings show that on Dec 10 ’24, JASON A CLEMENS &BIANCA S VITA (Officer) Proposed Sale 35,000 shares at an average price of $9.35 for $0.33 million. The insider now directly holds shares of AdaptHealth Corp (AHCO).
