Esteban Lopez Sells 250 Shares of Addus HomeCare (NASDAQ:ADUS) Stock

Addus HomeCare Corporation (NASDAQ:ADUS) Director Esteban Lopez sold 250 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $93.00, for a total value of $23,250.00. Following the sale, the director directly owned 3,200 shares in the company, valued at approximately $297,600. The trade was a 7.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Esteban Lopez also recently made the following trade(s):

• On Tuesday, May 19th, Esteban Lopez sold 250 shares of Addus HomeCare stock. The shares were sold at an average price of $93.00, for a total value of $23,250.00.

Addus HomeCare Trading Down 0.7%

Shares of NASDAQ:ADUS traded down $0.61 during trading on Friday, reaching $92.65. The stock had a trading volume of 166,366 shares, compared to its average volume of 246,282. The business has a fifty day moving average price of $95.93 and a 200-day moving average price of $105.56. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.73 billion, a P/E ratio of 17.13, a PEG ratio of 1.29 and a beta of 0.92. Addus HomeCare Corporation has a fifty-two week low of $89.76 and a fifty-two week high of $124.43.

Addus HomeCare (NASDAQ:ADUS) last posted its quarterly earnings data on Monday, May 4th. The company reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.10. The business had revenue of $363.50 million during the quarter, compared to analyst estimates of $366.41 million. Addus HomeCare had a net margin of 6.89% and a return on equity of 9.80%. The company’s revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.42 earnings per share. As a group, analysts anticipate that Addus HomeCare Corporation will post 6.24 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ADUS. Royal Bank Of Canada reissued an “outperform” rating and issued a $139.00 price objective on shares of Addus HomeCare in a research report on Wednesday, February 25th. KeyCorp reissued an “overweight” rating on shares of Addus HomeCare in a research report on Wednesday, February 25th. Stephens decreased their price target on Addus HomeCare from $140.00 to $135.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 25th. Citizens Jmp reissued a “market outperform” rating and issued a $142.00 price target on shares of Addus HomeCare in a research note on Monday. Finally, Wall Street Zen lowered Addus HomeCare from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $131.22.

Hedge Funds Weigh In On Addus HomeCare

Several hedge funds and other institutional investors have recently modified their holdings of the company. Hohimer Wealth Management LLC lifted its stake in shares of Addus HomeCare by 3.4% in the 3rd quarter. Hohimer Wealth Management LLC now owns 2,709 shares of the company’s stock valued at $320,000 after purchasing an additional 88 shares in the last quarter. Amalgamated Bank lifted its stake in shares of Addus HomeCare by 1.8% in the 3rd quarter. Amalgamated Bank now owns 5,240 shares of the company’s stock valued at $618,000 after purchasing an additional 93 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Addus HomeCare by 2.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,153 shares of the company’s stock valued at $446,000 after purchasing an additional 103 shares in the last quarter. ProShare Advisors LLC lifted its stake in shares of Addus HomeCare by 3.1% in the 4th quarter. ProShare Advisors LLC now owns 3,527 shares of the company’s stock valued at $379,000 after purchasing an additional 105 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its stake in shares of Addus HomeCare by 0.6% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 18,684 shares of the company’s stock valued at $2,150,000 after purchasing an additional 106 shares in the last quarter. 95.35% of the stock is owned by institutional investors and hedge funds.

About Addus HomeCare

Addus HomeCare (NASDAQ: ADUS) is a leading provider of home and community-based care services for elderly, disabled, and medically complex individuals across the United States. Through a network of company-owned and franchise locations, the company delivers a broad spectrum of non-medical personal care and licensed home health services designed to support clients’ independence and quality of life.

The company’s core offerings include personal care assistance—covering daily living activities, medication reminders, and light housekeeping—and skilled home health services delivered under the supervision of registered nurses and licensed therapists.