Stock To Watch: Addus HomeCare Corporation (NASDAQ:ADUS)


The leading market experts have placed a mean price target of $28.75 on Addus HomeCare Corporation (NASDAQ:ADUS) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.33 a share for the upcoming quarter and $1.23 for the current fiscal.

Technical View

The technical analysis of Addus HomeCare Corporation plainly substantiates that the 50-day moving average of Addus HomeCare Corporation is $19.19, and stock is trading $2.57 points away or +13.37% from its 50-day moving average of $19.19. Further it is trading $2.17 or +11.06% away its 200-day moving average of $19.59. Addus HomeCare Corporation (NASDAQ:ADUS) 52-week high is $38.08 and the 52-week low is $15.33.

This explains if the stock moves $-16.32, it will post a 52-week high. In event of +41.94% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Addus HomeCare Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Addus HomeCare Corporation (NASDAQ:ADUS) ratio came in at 26.93.

The stock last ended the trading session at $21.76 and registered a market cap of $247.22M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Addus HomeCare Corporation (NASDAQ:ADUS) PEG ratio is at 1.12.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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