Addus HomeCare (NASDAQ:ADUS) Posts Earnings Results, Meets Expectations
Addus HomeCare (NASDAQ:ADUS) issued its quarterly earnings data on Monday. The company reported $0.74 EPS for the quarter, hitting analysts’ consensus estimates of $0.74, MarketWatch Earnings reports. Addus HomeCare had a net margin of 4.65% and a return on equity of 8.90%. The business had revenue of $205.30 million for the quarter, compared to analyst estimates of $209.70 million. During the same period last year, the business posted $0.77 earnings per share. The firm’s quarterly revenue was up 7.9% on a year-over-year basis.
Shares of ADUS traded down $8.32 during midday trading on Tuesday, reaching $96.75. The stock had a trading volume of 2,183 shares, compared to its average volume of 87,522. The firm has a 50 day simple moving average of $107.10 and a 200-day simple moving average of $109.29. Addus HomeCare has a one year low of $73.79 and a one year high of $129.01. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.19 and a current ratio of 3.19.
In other news, EVP David W. Tucker sold 1,173 shares of Addus HomeCare stock in a transaction dated Friday, April 23rd. The shares were sold at an average price of $110.00, for a total value of $129,030.00. Following the completion of the transaction, the executive vice president now owns 7,069 shares of the company’s stock, valued at approximately $777,590. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO R Dirk Allison sold 5,539 shares of Addus HomeCare stock in a transaction dated Wednesday, March 3rd. The shares were sold at an average price of $102.09, for a total transaction of $565,476.51. In the last three months, insiders sold 11,888 shares of company stock valued at $1,223,430. Insiders own 6.90% of the company’s stock.
Addus HomeCare Company Profile
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.
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