For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Ardent Health Partners Inc (NYSE: ARDT) closed at $14.10 up 2.17% from its previous closing price of $13.80. In other words, the price has increased by $2.17 from its previous closing price. On the day, 0.26 million shares were traded. ARDT stock price reached its highest trading level at $14.28 during the session, while it also had its lowest trading level at $13.92.
Ratios:
For a deeper understanding of Ardent Health Partners Inc’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 3.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.78 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.23.
On November 06, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $22 to $19.
On October 11, 2024, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $24.KeyBanc Capital Markets initiated its Overweight rating on October 11, 2024, with a $24 target price.
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 Nov 08 ’24 when Webb Robert Thomas bought 20,000 shares for $16.98 per share. The transaction valued at 339,600 led to the insider holds 40,275 shares of the business.
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 2012535296 and an Enterprise Value of 4073202688. As of this moment, Ardent’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 0.714 whereas that against EBITDA is 9.726.
Stock Price History:
Over the past 52 weeks, ARDT has reached a high of $20.72, while it has fallen to a 52-week low of $13.69. The 50-Day Moving Average of the stock is -13.68%, while the 200-Day Moving Average is calculated to be -18.53%.
Shares Statistics:
For the past three months, ARDT has traded an average of 255.36K shares per day and 278400 over the past ten days. A total of 142.74M shares are outstanding, with a floating share count of 22.88M. Insiders hold about 83.97% of the company’s shares, while institutions hold 10.77% stake in the company. Shares short for ARDT as of 1735603200 were 1648596 with a Short Ratio of 6.46, compared to 1732838400 on 703349. Therefore, it implies a Short% of Shares Outstanding of 1648596 and a Short% of Float of 5.0100001999999995.
