Chemed Corp (NYSE: CHE) has reported E.P.S. of $5.04 for its third fiscal quarter (ending September 30) versus $4.97 for the same period a year ago — an increase of 1%. For the latest four quarters through September 30, E.P.S. were $20.00 compared to $16.31 a year ago — an increase of 23%.
Recent Price Action
Chemed Corp (NYSE: CHE) stock closed at $609.80 on 10/29/24 after a slight gain of 0.2%. Moreover, this advance was accompanied by above average trading volume at 135% of normal. The stock has performed in line with the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CHE is expected to continue to be a major Value Builder.
Chemed has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Chemed has a poor Appreciation Score of 22 but a neutral Power Rating of 57, triggering the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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