Wall Street analysts expect that Addus Homecare Co. (NASDAQ:ADUS) will report $0.51 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Addus Homecare’s earnings. The highest EPS estimate is $0.53 and the lowest is $0.49. Addus Homecare reported earnings of $0.38 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 34.2%. The business is scheduled to report its next quarterly earnings results after the market closes on Monday, August 6th.

On average, analysts expect that Addus Homecare will report full-year earnings of $2.24 per share for the current year, with EPS estimates ranging from $2.14 to $2.30. For the next fiscal year, analysts anticipate that the company will post earnings of $2.57 per share, with EPS estimates ranging from $2.45 to $2.79. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Addus Homecare.

Addus Homecare (NASDAQ:ADUS) last announced its quarterly earnings results on Monday, May 7th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. Addus Homecare had a net margin of 3.28% and a return on equity of 10.04%. The firm had revenue of $109.45 million during the quarter, compared to analysts’ expectations of $111.25 million.

ADUS has been the topic of a number of recent analyst reports. BidaskClub upgraded shares of Addus Homecare from a “buy” rating to a “strong-buy” rating in a report on Friday, March 30th. Stephens set a $56.00 price objective on shares of Addus Homecare and gave the stock a “buy” rating in a report on Monday, April 2nd. Zacks Investment Research lowered shares of Addus Homecare from a “strong-buy” rating to a “hold” rating in a report on Friday, April 13th. Finally, ValuEngine upgraded shares of Addus Homecare from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $51.00.

Addus Homecare traded down $0.40, reaching $66.70, during trading on Friday, MarketBeat.com reports. 80,746 shares of the company’s stock were exchanged, compared to its average volume of 60,694. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.22. Addus Homecare has a 52-week low of $30.95 and a 52-week high of $67.45. The stock has a market cap of $776.37 million, a price-to-earnings ratio of 46.00, a price-to-earnings-growth ratio of 2.22 and a beta of -0.48.

In other Addus Homecare news, CFO Brian Poff sold 613 shares of the business’s stock in a transaction on Thursday, May 10th. The shares were sold at an average price of $52.95, for a total value of $32,458.35. Following the transaction, the chief financial officer now owns 22,770 shares in the company, valued at approximately $1,205,671.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 34.80% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Sheets Smith Wealth Management acquired a new stake in shares of Addus Homecare in the 2nd quarter valued at about $674,000. Northpointe Capital LLC acquired a new stake in shares of Addus Homecare in the 2nd quarter valued at about $1,960,000. Bessemer Group Inc. raised its stake in shares of Addus Homecare by 32.9% in the 2nd quarter. Bessemer Group Inc. now owns 10,900 shares of the company’s stock valued at $624,000 after purchasing an additional 2,700 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Addus Homecare in the 2nd quarter valued at about $4,690,000. Finally, Hartford Investment Management Co. acquired a new stake in shares of Addus Homecare in the 2nd quarter valued at about $275,000. Institutional investors and hedge funds own 90.69% of the company’s stock.

About Addus Homecare

Addus HomeCare Corporation provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. The company's personal care services offer assistance with activities of daily living. Its services include assistance with bathing, grooming, oral care, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services, as well as other activities of daily living.

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