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The closing price of AdaptHealth Corp (NASDAQ: AHCO) was $10.90 for the day, up 1.07% from the previous closing price of $10.79. In other words, the price has increased by $1.07 from its previous closing price. On the day, 0.84 million shares were traded. AHCO stock price reached its highest trading level at $11.185 during the session, while it also had its lowest trading level at $10.78.
Ratios:
Our analysis of AHCO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 1.15. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 08, 2024, Downgraded its rating to Hold and sets its target price to $8 from $14.50 previously.
On November 08, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $9.50 to $6.50.
Stifel Downgraded its Buy to Hold on May 10, 2023, whereas the target price for the stock was revised from $18 to $11.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when Richard A. Barasch bought 10,000 shares for $11.31 per share.
Prast Albert A. sold 135,443 shares of AHCO for $1,409,962 on Mar 04 ’24. The Chief Technology Officer now owns 181,083 shares after completing the transaction at $10.41 per share. On Sep 05 ’24, another insider, Richard A. Barasch, who serves as the Former Affiliate of the company, bought 13,307 shares for $11.28 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AHCO now has a Market Capitalization of 1466395264 and an Enterprise Value of 3584603136. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 1.099 whereas that against EBITDA is 5.414.
Stock Price History:
Over the past 52 weeks, AHCO has reached a high of $11.90, while it has fallen to a 52-week low of $6.37. The 50-Day Moving Average of the stock is 3.22%, while the 200-Day Moving Average is calculated to be 14.88%.
Shares Statistics:
AHCO traded an average of 1.11M shares per day over the past three months and 1069610 shares per day over the past ten days. A total of 132.63M shares are outstanding, with a floating share count of 83.27M. Insiders hold about 38.08% of the company’s shares, while institutions hold 60.33% stake in the company. Shares short for AHCO as of 1724976000 were 8000096 with a Short Ratio of 7.22, compared to 1722384000 on 8896766. Therefore, it implies a Short% of Shares Outstanding of 8000096 and a Short% of Float of 7.79.
