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In the latest session, AdaptHealth Corp (NASDAQ: AHCO) closed at $11.23 up 3.22% from its previous closing price of $10.88. In other words, the price has increased by $3.22 from its previous closing price. On the day, 1.1 million shares were traded. AHCO stock price reached its highest trading level at $11.28 during the session, while it also had its lowest trading level at $10.71.
Ratios:
For a deeper understanding of AdaptHealth Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.08. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 29 ’24 when Williams David Solomon III sold 4,000 shares for $11.26 per share. The transaction valued at 45,040 led to the insider holds 36,899 shares of the business.
Williams David Solomon III sold 3,100 shares of AHCO for $30,690 on May 23 ’24. The Director now owns 26,679 shares after completing the transaction at $9.90 per share. On May 24 ’24, another insider, Williams David Solomon III, who serves as the Director of the company, sold 1,409 shares for $9.97 each. As a result, the insider received 14,048 and left with 25,270 shares of the company.
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 1510098048 and an Enterprise Value of 3581339648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at 1.098 whereas that against EBITDA is 5.409.
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 8.06%, while the 200-Day Moving Average is calculated to be 19.48%.
Shares Statistics:
For the past three months, AHCO has traded an average of 1.10M shares per day and 1164590 over the past ten days. A total of 132.63M shares are outstanding, with a floating share count of 82.77M. Insiders hold about 38.45% of the company’s shares, while institutions hold 60.33% stake in the company. Shares short for AHCO as of 1723680000 were 7531641 with a Short Ratio of 6.84, compared to 1721001600 on 8921099. Therefore, it implies a Short% of Shares Outstanding of 7531641 and a Short% of Float of 7.33.
