Addus Homecare Stock Price on May 1, 2023

ADUS Stock  USD 103.74  1.18  1.15%   
Below is the normalized historical share price chart for Addus HomeCare extending back to October 28, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Addus HomeCare stands at 103.74, as last reported on the 28th of March, with the highest price reaching 104.22 and the lowest price hitting 102.81 during the day.
IPO Date
28th of October 2009
200 Day MA
89.89
50 Day MA
94.0234
Beta
0.94
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Addus Stock, it is important to understand the factors that can impact its price. Addus HomeCare appears to be very steady, given 3 months investment horizon. Addus HomeCare secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Addus HomeCare, which you can use to evaluate the volatility of the firm. Please makes use of Addus HomeCare's mean deviation of 1.45, and Risk Adjusted Performance of 0.0444 to double-check if our risk estimates are consistent with your expectations.
  
At this time, Addus HomeCare's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 12.1 M in 2024. . At this time, Addus HomeCare's Price Earnings To Growth Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 13.89 in 2024, whereas Price To Sales Ratio is likely to drop 0.77 in 2024. Addus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1022

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Estimated Market Risk

 1.97
  actual daily
17
83% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Addus HomeCare is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Addus HomeCare by adding it to a well-diversified portfolio.
Price Book
2.3835
Enterprise Value Ebitda
16.8432
Price Sales
1.5902
Shares Float
15.7 M
Wall Street Target Price
109.13

Addus HomeCare Valuation on May 1, 2023

It is possible to determine the worth of Addus HomeCare on a given historical date. On May 1, 2023 Addus was worth 83.6 at the beginning of the trading date compared to the closed value of 88.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Addus HomeCare stock. Still, in general, we apply an absolute valuation method to find Addus HomeCare's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Addus HomeCare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Addus HomeCare's related companies.
 Open High Low Close Volume
  95.00    95.00    77.47    81.74    1,515,209  
05/01/2023
  83.60    90.12    82.86    88.78    479,914  
  88.31    89.10    83.46    86.50    531,896  
Backtest Addus HomeCare  |  Addus HomeCare History  |  Addus HomeCare Valuation   PreviousNext  
Open Value
83.6
88.78
Closing Value
89.50
Upside

Addus HomeCare Trading Date Momentum on May 1, 2023

On May 02 2023 Addus HomeCare was traded for  86.50  at the closing time. The top price for the day was 89.10  and the lowest listed price was  83.46 . The trading volume for the day was 531.9 K. The trading history from May 2, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.57% . The overall trading delta against the current closing price is 8.43% .

Addus HomeCare Fundamentals Correlations and Trends

By evaluating Addus HomeCare's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Addus HomeCare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Addus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Addus HomeCare Stock history

Addus HomeCare investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Addus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Addus HomeCare will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Addus HomeCare stock prices may prove useful in developing a viable investing in Addus HomeCare
Last ReportedProjected for 2024
Common Stock Shares Outstanding16.3 M12.1 M
Net Income Applicable To Common Shares52.9 M55.6 M

Addus HomeCare Quarterly Net Working Capital

54.89 Million

Addus HomeCare Stock Technical Analysis

Addus HomeCare technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Addus HomeCare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Addus HomeCare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Addus HomeCare Period Price Range

Low
May 1, 2023
High

 83.60 

  

 88.78 

5.186.20%

Addus HomeCare March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Addus HomeCare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Addus HomeCare shares will generate the highest return on investment. By undertsting and applying Addus HomeCare stock market strength indicators, traders can identify Addus HomeCare entry and exit signals to maximize returns

Addus HomeCare Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Addus HomeCare's price direction in advance. Along with the technical and fundamental analysis of Addus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Addus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Addus HomeCare is a strong investment it is important to analyze Addus HomeCare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Addus HomeCare's future performance. For an informed investment choice regarding Addus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Addus Stock analysis

When running Addus HomeCare's price analysis, check to measure Addus HomeCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.
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Is Addus HomeCare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addus HomeCare. If investors know Addus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addus HomeCare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.334
Earnings Share
3.83
Revenue Per Share
66.182
Quarterly Revenue Growth
0.119
Return On Assets
0.0618
The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.