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The price of AdaptHealth Corp (NASDAQ: AHCO) closed at $11.23 in the last session, up 0.90% from day before closing price of $11.13. In other words, the price has increased by $0.90 from its previous closing price. On the day, 0.84 million shares were traded. AHCO stock price reached its highest trading level at $11.3 during the session, while it also had its lowest trading level at $10.97.
Ratios:
We take a closer look at AHCO’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 20 ’24 when Rietkerk Shaw sold 25,000 shares for $11.24 per share. The transaction valued at 281,000 led to the insider holds 212,611 shares of the business.
Rietkerk Shaw bought 25,000 shares of AHCO for $281,040 on Sep 20 ’24. On Sep 18 ’24, another insider, Richard A. Barasch, who serves as the Former Affiliate of the company, bought 40,022 shares for $11.48 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 1510098048 and an Enterprise Value of 3627026944. 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 1.112 whereas that against EBITDA is 5.478.
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 4.73%, while the 200-Day Moving Average is calculated to be 16.66%.
Shares Statistics:
According to the various share statistics, AHCO traded on average about 1.17M shares per day over the past 3-months and 1604470 shares per day over the past 10 days. A total of 132.63M shares are outstanding, with a floating share count of 83.12M. Insiders hold about 38.18% of the company’s shares, while institutions hold 60.38% stake in the company. Shares short for AHCO as of 1726185600 were 8964376 with a Short Ratio of 7.66, compared to 1723680000 on 7531641. Therefore, it implies a Short% of Shares Outstanding of 8964376 and a Short% of Float of 8.72.
