AdaptHealth Corp (NASDAQ: AHCO) is -18.54% 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 $8.76 in the last trading session, with the day’s loss setting it -7.34%.
Currently trading at $1.42M, the stock is 2.80% and 4.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 1635618% at the moment leaves the stock -7.93% off its SMA200. AHCO registered -5.36% loss for a year compared to 6-month loss of -7.02%. The firm has a 50-day simple moving average (SMA 50) of $8.6108 and a 200-day simple moving average (SMA200) of $9.786425.
The stock witnessed a 2.62% gain in the last 1 month and extending the period to 3 months gives it a -12.44%, and is 5.88% 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 3.17% over the week and 1.89% over the month.
AdaptHealth Corp (AHCO) has around 10500 employees, a market worth around $1.22B and $3.25B in sales. Current P/E ratio is 15.88 and Fwd P/E is 7.32. Profit margin for the company is 2.39%. Distance from 52-week low is 26.81% and -24.29% from its 52-week high. The company has generated returns on investments over the last 12 months (2.15%).
with sales reaching $804.97M over the same period.The EPS is expected to shrink by -2.69% this year, but quarterly earnings will post -0.28% year-over-year. Quarterly sales are estimated to shrink -0.12% in year-over-year returns.
329.0 institutions hold shares in AdaptHealth Corp (AHCO), with institutional investors hold 111.13% of the company’s shares. The shares outstanding are 132.01M, and float is at 86.66M with Short Float at 11.22%. Institutions hold 102.26% 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
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.
