AdaptHealth Corp (NASDAQ:AHCO) currently has a daily average trading volume of 1.67M but it saw 868739 shares traded in last market. With a market cap of 1.23B USD, the company’s current market price of $9.08 came falling about -2.47 while comparing to the previous closing price of $9.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.90 and as low as $7.11.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which downgraded the stock as “Hold” in its note to investors issued on January 08, 2024, recommending a price target of between $14.50 and $8 for it. BofA Securities downgraded its recommendation for the stock as a “Underperform” from “Neutral” on November 08, 2023 while assigning a price target range of $9.50-$6.50. Stifel also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $18 and $11.
Over the week, AHCO’s stock price is moving -1.84% down while it is 11.27% when we observe its performance for the past one month. Year-to-date it is -4.62% down and over the past year, the stock is showing a downside performance of -5.61%.
Currently, AdaptHealth Corp’s total number of outstanding shares is 132.01M with 7.99% of that held by the insiders while 102.32% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.15% and return on equity (ROE) at 5.12%. It has a price to earnings ratio (P/E ratio) of 16.00 while having a 7.56 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 0.76 while price to sale or P/S ratio amounts to 0.38. Its return on asset (ROA) is 1.73% on average.
