AdaptHealth Corp (NASDAQ: AHCO) is -1.34% 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 $9.42 in the last trading session, with the day’s loss setting it -7.99%.
Currently trading at $1.43M, the stock is 8.40% and 10.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.36 million and changing 4364811% at the moment leaves the stock -2.26% off its SMA200. AHCO registered 0.32% gain for a year compared to 6-month loss of -6.10%. The firm has a 50-day simple moving average (SMA 50) of $8.6658 and a 200-day simple moving average (SMA200) of $9.770575.
The stock witnessed a 5.18% gain in the last 1 month and extending the period to 3 months gives it a -10.24%, and is 13.83% 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 4.94% over the week and 3.99% over the month.
AdaptHealth Corp (AHCO) has around 10500 employees, a market worth around $1.29B and $3.25B in sales. Current P/E ratio is 16.83 and Fwd P/E is 7.76. Profit margin for the company is 2.39%. Distance from 52-week low is 34.41% and -19.75% from its 52-week high. The company has generated returns on investments over the last 12 months (2.15%).
The EPS is expected to shrink by -2.69% this year.
AdaptHealth Corp (AHCO) Top Institutional Holders
329.0 institutions hold shares in AdaptHealth Corp (AHCO), with institutional investors hold 111.18% of the company’s shares. The shares outstanding are 132.01M, and float is at 86.66M with Short Float at 10.00%. 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.
