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After finishing at $19.06 in the prior trading day, Ardent Health Partners Inc (NYSE: ARDT) closed at $17.76, down -6.82%. In other words, the price has decreased by -$6.82 from its previous closing price. On the day, 0.52 million shares were traded. ARDT stock price reached its highest trading level at $19.245 during the session, while it also had its lowest trading level at $17.2836.
Ratios:
Our goal is to gain a better understanding of ARDT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.54 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 3.04 whereas as Long-Term Debt/Eq ratio is at 3.02.
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 this company, Truist on August 12, 2024, initiated with a Buy rating and assigned the stock a target price of $21.
On August 12, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $24.
On August 12, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $23.RBC Capital Mkts initiated its Outperform rating on August 12, 2024, with a $23 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARDT now has a Market Capitalization of 2535471104 and an Enterprise Value of 4857211904. Its current Enterprise Value per Revenue stands at 0.862 whereas that against EBITDA is 11.785.
Stock Price History:
Over the past 52 weeks, ARDT has reached a high of $20.30, while it has fallen to a 52-week low of $15.00. The 50-Day Moving Average of the stock is -0.24%, while the 200-Day Moving Average is calculated to be 0.23%.
Shares Statistics:
The stock has traded on average 505.54K shares per day over the past 3-months and 711500 shares per day over the last 10 days, according to various share statistics. A total of 143.26M shares are outstanding, with a floating share count of 23.23M. Insiders hold about 83.72% of the company’s shares, while institutions hold 0.02% stake in the company. Shares short for ARDT as of 1726185600 were 734193 with a Short Ratio of 1.45, compared to 1723680000 on 414736. Therefore, it implies a Short% of Shares Outstanding of 734193 and a Short% of Float of 2.23.
