A new trading day began on Tuesday, with AdaptHealth Corp (NASDAQ: AHCO) stock price up 6.04% from the previous day of trading, before settling in for the closing price of $8.78. AHCO’s price has ranged from $7.11 to $11.90 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 52.49%. Meanwhile, its annual earnings per share averaged -4.76%. With a float of $86.66 million, this company’s outstanding shares have now reached $132.01 million.
Let’s determine the extent of company efficiency that accounts for 10500 employees. In terms of profitability, gross margin is 15.61%, operating margin of 7.97%, and the pretax margin is 4.11%.
AdaptHealth Corp (AHCO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Devices Industry. The insider ownership of AdaptHealth Corp is 35.79%, while institutional ownership is 74.82%. The most recent insider transaction that took place on Dec 19 ’24, was worth 315,250. Before that another transaction happened on Dec 10 ’24, when Company’s Chief Financial Officer sold 35,000 for $9.35, making the entire transaction worth $327,250. This insider now owns 420,719 shares in total.
AdaptHealth Corp (AHCO) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.76% per share during the next fiscal year.
AdaptHealth Corp (NASDAQ: AHCO) Trading Performance Indicators
Here are AdaptHealth Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.39. Likewise, its price to free cash flow for the trailing twelve months is 4.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.57, a number that is poised to hit 0.15 in the next quarter and is forecasted to reach 1.20 in one year’s time.
Technical Analysis of AdaptHealth Corp (AHCO)
Looking closely at AdaptHealth Corp (NASDAQ: AHCO), its last 5-days average volume was 0.9 million, which is a drop from its year-to-date volume of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 40.37%. Additionally, its Average True Range was 0.42.
During the past 100 days, AdaptHealth Corp’s (AHCO) raw stochastic average was set at 48.73%, which indicates a significant decrease from 96.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.31% in the past 14 days, which was lower than the 60.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.12, while its 200-day Moving Average is $9.95. However, in the short run, AdaptHealth Corp’s stock first resistance to watch stands at $9.52. Second resistance stands at $9.72. The third major resistance level sits at $10.09. If the price goes on to break the first support level at $8.95, it is likely to go to the next support level at $8.58. Should the price break the second support level, the third support level stands at $8.38.
AdaptHealth Corp (NASDAQ: AHCO) Key Stats
With a market capitalization of 1.26 billion, the company has a total of 134,948K Shares Outstanding. Currently, annual sales are 3,261 M while annual income is 90,420 K. The company’s previous quarter sales were 777,880 K while its latest quarter income was -7,210 K.
