For its second fiscal quarter (ending June 30), National Healthcare Corp (NYSEAMERICAN: NHC) has reported E.P.S. of $1.74 compared to $1.06 a year ago. E.P.S. were $5.99 for the latest four quarters through June 30 versus $2.08 for the same period a year ago.
Recent Price Action
National Healthcare Corp (NYSEAMERICAN: NHC) stock increased 1.4% on 8/9/24. The shares closed at $122.88. However, this advance was accompanied by unusually low trading volume at 55% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -7.6% during the last week.
Current PriceTarget Research Rating
NHC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
National Healthcare has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. National Healthcare has a slightly negative Appreciation Score of 38 but a very high Power Rating of 91, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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