Addus HomeCare Corp (NASDAQ: ADUS) has reported E.P.S. of $0.97 for its first fiscal quarter (ending March 31) versus $0.79 for the same period a year ago — an increase of 23%. Relative to the consensus estimate of $1.20, this was a shortfall of $-0.23. For the latest four quarters through March 31, E.P.S. were $4.08 compared to $3.16 a year ago — an increase of 29%.
Recent Price Action
Addus HomeCare Corp (NASDAQ: ADUS) stock closed at $97.89 on 5/6/24 after a slight decline of -0.3%. Trading volume in this decline was normal. The stock has risen 3.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
ADUS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Addus HomeCare has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Addus HomeCare has a neutral Appreciation Score of 43 but a good Power Rating of 74, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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