Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of AdaptHealth Corp (NASDAQ: AHCO) was $10.33 for the day, down -0.39% from the previous closing price of $10.37. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 1.17 million shares were traded. AHCO stock price reached its highest trading level at $10.72 during the session, while it also had its lowest trading level at $10.075.
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 13.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.06. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.44 whereas as Long-Term Debt/Eq ratio is at 1.40.
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 Dec 19 ’24 when Rietkerk Shaw bought 32,500 shares for $9.70 per share.
Clemens Jason A sold 35,000 shares of AHCO for $327,250 on Dec 10 ’24. The Chief Financial Officer now owns 420,719 shares after completing the transaction at $9.35 per share. On Dec 10 ’24, another insider, JASON A CLEMENS &BIANCA S VITA, who serves as the Officer of the company, bought 35,000 shares for $9.35 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 1389953280 and an Enterprise Value of 3443981056. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.056 whereas that against EBITDA is 5.145.
Stock Price History:
The Beta on a monthly basis for AHCO is 1.10, which has changed by 0.5294986 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, AHCO has reached a high of $11.90, while it has fallen to a 52-week low of $6.46. The 50-Day Moving Average of the stock is 4.38%, while the 200-Day Moving Average is calculated to be 0.38%.
Shares Statistics:
AHCO traded an average of 1.15M shares per day over the past three months and 832980 shares per day over the past ten days. A total of 131.60M shares are outstanding, with a floating share count of 86.99M. Insiders hold about 35.35% of the company’s shares, while institutions hold 68.57% stake in the company. Shares short for AHCO as of 1735603200 were 8507504 with a Short Ratio of 7.39, compared to 1732838400 on 10117947. Therefore, it implies a Short% of Shares Outstanding of 8507504 and a Short% of Float of 8.270001.
