A new trading day began on Tuesday, with Ardent Health Inc (NYSE: ARDT) stock price down -4.02% from the previous day of trading, before settling in for the closing price of $10.95. ARDT’s price has ranged from $10.90 to $20.72 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 23.19%. With a float of $22.71 million, this company’s outstanding shares have now reached $143.04 million.
Considering the fact that the conglomerate employs 24900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 66.89%, operating margin of 2.18%, and the pretax margin is 6.32%.
Ardent Health Inc (ARDT) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The insider ownership of Ardent Health Inc is 84.12%, while institutional ownership is 12.13%. 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 Inc (ARDT) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 23.19% per share during the next fiscal year.
Ardent Health Inc (NYSE: ARDT) Trading Performance Indicators
Here are Ardent Health Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.25. Likewise, its price to free cash flow for the trailing twelve months is 12.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.58, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 2.01 in one year’s time.
Technical Analysis of Ardent Health Inc (ARDT)
Compared to the last year’s volume of 0.4 million, its volume of 0.75 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 2.48%.
During the past 100 days, Ardent Health Inc’s (ARDT) raw stochastic average was set at 0.78%, which indicates a significant decrease from 0.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.61 in the past 14 days, which was higher than the 0.54 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.78, while its 200-day Moving Average is $14.98. Nevertheless, the first resistance level for the watch stands at $10.95 in the near term. At $11.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.63. If the price goes on to break the first support level at $10.27, it is likely to go to the next support level at $10.03. Should the price break the second support level, the third support level stands at $9.59.
Ardent Health Inc (NYSE: ARDT) Key Stats
With a market capitalization of 1.50 billion, the company has a total of 143,044K Shares Outstanding. Currently, annual sales are 5,966 M while annual income is 210,340 K. The company’s previous quarter sales were 1,497 M while its latest quarter income was 41,380 K.
