Addus HomeCare Co. (NASDAQ:ADUS) EVP Sean Gaffney Sells 6,626 Shares of Stock

Addus HomeCare Co. (NASDAQ:ADUSGet Rating) EVP Sean Gaffney sold 6,626 shares of the business’s stock in a transaction on Thursday, November 17th. The shares were sold at an average price of $107.07, for a total transaction of $709,445.82. Following the sale, the executive vice president now owns 12,826 shares of the company’s stock, valued at $1,373,279.82. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Addus HomeCare Trading Down 2.4 %

NASDAQ:ADUS opened at $104.61 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.87 and a quick ratio of 1.87. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 38.04, a price-to-earnings-growth ratio of 3.04 and a beta of 0.77. Addus HomeCare Co. has a one year low of $68.57 and a one year high of $112.11. The business has a fifty day moving average price of $100.98 and a 200-day moving average price of $92.10.

Addus HomeCare (NASDAQ:ADUSGet Rating) last issued its quarterly earnings results on Tuesday, November 1st. The company reported $0.94 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.94. Addus HomeCare had a return on equity of 8.46% and a net margin of 4.77%. The business had revenue of $240.50 million during the quarter, compared to analyst estimates of $242.21 million. During the same quarter in the prior year, the business posted $0.80 EPS. Addus HomeCare’s revenue for the quarter was up 11.0% compared to the same quarter last year. Sell-side analysts forecast that Addus HomeCare Co. will post 3.13 EPS for the current year.

Institutional Investors Weigh In On Addus HomeCare

Institutional investors have recently bought and sold shares of the business. Altshuler Shaham Ltd purchased a new stake in Addus HomeCare in the 3rd quarter worth $28,000. UMB Bank n.a. increased its stake in Addus HomeCare by 321.5% in the 3rd quarter. UMB Bank n.a. now owns 333 shares of the company’s stock worth $32,000 after buying an additional 254 shares in the last quarter. First Horizon Advisors Inc. increased its stake in Addus HomeCare by 109.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 369 shares of the company’s stock worth $35,000 after buying an additional 193 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of Addus HomeCare by 110.1% during the 2nd quarter. Assetmark Inc. now owns 374 shares of the company’s stock valued at $31,000 after purchasing an additional 196 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new position in shares of Addus HomeCare during the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 95.03% of the company’s stock.

Wall Street Analysts Forecast Growth

ADUS has been the subject of a number of research reports. StockNews.com lowered shares of Addus HomeCare from a “strong-buy” rating to a “buy” rating in a research note on Friday, October 14th. Royal Bank of Canada boosted their target price on shares of Addus HomeCare from $110.00 to $121.00 and gave the company an “outperform” rating in a research note on Wednesday, November 2nd. Finally, Oppenheimer reduced their price objective on Addus HomeCare from $135.00 to $130.00 and set an “outperform” rating for the company in a research note on Wednesday, August 3rd. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $112.60.

About Addus HomeCare

(Get Rating)

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates through three segments: Personal Care, Hospice, and Home Health.

See Also

Insider Buying and Selling by Quarter for Addus HomeCare (NASDAQ:ADUS)

Receive News & Ratings for Addus HomeCare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Addus HomeCare and related companies with MarketBeat.com's FREE daily email newsletter.