Ardent Health Partners Inc (NYSE: ARDT) on Friday, plunged -5.67% from the previous trading day, before settling in for the closing price of $13.93. Within the past 52 weeks, ARDT’s price has moved between $13.19 and $20.72.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 7.02%. The company achieved an average annual earnings per share of 18.65%. With a float of $22.86 million, this company’s outstanding shares have now reached $142.75 million.
Let’s determine the extent of company efficiency that accounts for 24900 employees. In terms of profitability, gross margin is 80.73%, operating margin of 4.12%, and the pretax margin is 6.09%.
Ardent Health Partners Inc (ARDT) Insider Activity
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of Ardent Health Partners Inc is 83.99%, while institutional ownership is 11.18%. The most recent insider transaction that took place on Nov 08 ’24, was worth 339,600. In this transaction Director of this company bought 20,000 shares at a rate of $16.98, taking the stock ownership to the 40,275 shares.
Ardent Health Partners Inc (ARDT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.65% per share during the next fiscal year.
Ardent Health Partners Inc (NYSE: ARDT) Trading Performance Indicators
Ardent Health Partners Inc (ARDT) is currently performing well based on its current performance indicators. A quick ratio of 1.82 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 14.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.47, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of Ardent Health Partners Inc (ARDT)
Looking closely at Ardent Health Partners Inc (NYSE: ARDT), its last 5-days average volume was 0.83 million, which is a jump from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 32.35%. Additionally, its Average True Range was 0.66.
During the past 100 days, Ardent Health Partners Inc’s (ARDT) raw stochastic average was set at 1.21%, which indicates a significant decrease from 2.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.96% in the past 14 days, which was lower than the 55.05% volatility it showed in the past 100 days.
However, in the short run, Ardent Health Partners Inc’s stock first resistance to watch stands at $13.68. Second resistance stands at $14.23. The third major resistance level sits at $14.53. If the price goes on to break the first support level at $12.83, it is likely to go to the next support level at $12.53. Should the price break the second support level, the third support level stands at $11.98.
Ardent Health Partners Inc (NYSE: ARDT) Key Stats
Market capitalization of the company is 1.88 billion based on 142,750K outstanding shares. Right now, sales total 5,966 M and income totals 210,340 K. The company made 1,606 M in profit during its latest quarter, and 114,200 K in sales during its previous quarter.
