Aveanna Healthcare Holdings Stock Today

AVAH Stock  USD 2.23  0.05  2.19%   

Performance

1 of 100

 
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Odds Of Distress

Over 55

 
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Average
Aveanna Healthcare is trading at 2.23 as of the 22nd of February 2024. This is a -2.19 percent decrease since the beginning of the trading day. The stock's open price was 2.28. Aveanna Healthcare has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Aveanna Healthcare Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of January 2024 and ending today, the 22nd of February 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
28th of April 2021
Category
Healthcare
Classification
Health Care
Aveanna Healthcare Holdings Inc., a diversified home care platform company, provides private duty nursing , adult home health and hospice, home-based pediatric therapy, and enteral nutrition services in the United States. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia. The company has 190.73 M outstanding shares of which 1.3 M shares are presently shorted by private and institutional investors with about 13.65 trading days to cover. More on Aveanna Healthcare Holdings

Aveanna Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aveanna Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aveanna Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive ChairmanRodney Windley
SEC FilingsAveanna Healthcare Security & Exchange Commission EDGAR Reports
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Equipment & Supplies, Medical Care Facilities, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Aveanna Healthcare report their recommendations after researching Aveanna Healthcare's financial statements, talking to executives and customers, or listening in on Aveanna Healthcare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Aveanna Healthcare. The Aveanna consensus assessment is calculated by taking the average forecast from all of the analysts covering Aveanna Healthcare.
Financial Strength
Based on the measurements of operating efficiency obtained from Aveanna Healthcare's historical financial statements, Aveanna Healthcare Holdings may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Aveanna Healthcare is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted200.9 M213.4 M
Notably Down
Slightly volatile
Weighted Shares200.9 M213.4 M
Notably Down
Slightly volatile
Current Liabilities356.9 M375.5 M
Notably Down
Pretty Stable
Total Liabilities1.9 BB
Fairly Down
Slightly volatile
Gross Margin0.370.36
Fairly Up
Slightly volatile
Total Debt1.7 B1.7 B
Sufficiently Down
Slightly volatile
Asset Turnover1.051.03
Fairly Up
Slightly volatile
Current Assets319 M310.2 M
Fairly Up
Slightly volatile
Total Assets2.1 BB
Significantly Up
Slightly volatile
Aveanna Healthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aveanna Healthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aveanna Healthcare's financial leverage. It provides some insight into what part of Aveanna Healthcare's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Aveanna Healthcare's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Aveanna Healthcare deploys its capital and how much of that capital is borrowed.
Liquidity
Aveanna Healthcare cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.36 B in liabilities with Debt to Equity (D/E) ratio of 7.17, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Aveanna Healthcare has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Aveanna Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Aveanna Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aveanna Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aveanna to invest in growth at high rates of return. When we think about Aveanna Healthcare's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

(44.71 Million)
Aveanna Healthcare Holdings (AVAH) is traded on NASDAQ Exchange in USA. It is located in 400 Interstate North Parkway SE, Atlanta, GA, United States, 30339 and employs 33,700 people. Aveanna Healthcare is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 425.33 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aveanna Healthcare's market, we take the total number of its shares issued and multiply it by Aveanna Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aveanna Healthcare conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 190.73 M outstanding shares of which 1.3 M shares are presently shorted by private and institutional investors with about 13.65 trading days to cover. Aveanna Healthcare Holdings currently holds about 17.46 M in cash with (14.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Check Aveanna Healthcare Probability Of Bankruptcy
Ownership Allocation
Aveanna Healthcare holds a total of one hundred ninety million seven hundred thirty-two thousand nine hundred ninety-two outstanding shares. The majority of Aveanna Healthcare Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Aveanna Healthcare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Aveanna Healthcare. Please pay attention to any change in the institutional holdings of Aveanna Healthcare Holdings as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Aveanna Ownership Details

Aveanna Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Aveanna Healthcare jumping above the current price in 90 days from now is about 86.23%. The Aveanna Healthcare Holdings probability density function shows the probability of Aveanna Healthcare stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.2672. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Aveanna Healthcare will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Aveanna Healthcare is significantly underperforming NYSE Composite.
  Odds Below 2.23HorizonTargetOdds Above 2.23
13.68%90 days
 2.23 
86.23%
Based on a normal probability distribution, the odds of Aveanna Healthcare to move above the current price in 90 days from now is about 86.23 (This Aveanna Healthcare Holdings probability density function shows the probability of Aveanna Stock to fall within a particular range of prices over 90 days) .

Aveanna Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Aveanna Healthcare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aveanna Healthcare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aveanna Healthcare's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-09-30
390 K
Nuveen Asset Management, Llc2023-09-30
260.9 K
Strs Ohio2023-09-30
189.3 K
Gsa Capital Partners Llp2023-09-30
140.2 K
Bank Of New York Mellon Corp2023-09-30
138.5 K
Dynamic Advisor Solutions Llc2023-09-30
78.9 K
T. Rowe Price Associates, Inc.2023-12-31
73.6 K
Rhumbline Advisers2023-09-30
72 K
Alliancebernstein L.p.2023-09-30
65.7 K
Bain Capital Investors Llc2023-09-30
81.6 M
J.h. Whitney Equity Partners Vii, Llc2023-09-30
48.7 M
View Aveanna Healthcare Diagnostics

Aveanna Healthcare Historical Income Statement

Aveanna Healthcare Holdings Income Statement is one of the three primary financial statements used for reporting Aveanna's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aveanna Healthcare revenue and expense. Aveanna Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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Aveanna Stock Against Markets

Picking the right benchmark for Aveanna Healthcare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aveanna Healthcare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aveanna Healthcare is critical whether you are bullish or bearish towards Aveanna Healthcare Holdings at a given time. Please also check how Aveanna Healthcare's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aveanna Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Aveanna Healthcare Corporate Management

Elected by the shareholders, the Aveanna Healthcare's board of directors comprises two types of representatives: Aveanna Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aveanna. The board's role is to monitor Aveanna Healthcare's management team and ensure that shareholders' interests are well served. Aveanna Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aveanna Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Aveanna Stock?

Before investing in Aveanna Healthcare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aveanna Healthcare. To buy Aveanna Healthcare stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aveanna Healthcare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Aveanna Healthcare stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Aveanna Healthcare Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Aveanna Healthcare Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aveanna Healthcare Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Aveanna Stock please use our How to Invest in Aveanna Healthcare guide.

Already Invested in Aveanna Healthcare Holdings?

The danger of trading Aveanna Healthcare Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aveanna Healthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aveanna Healthcare. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aveanna Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Aveanna Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aveanna Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aveanna Healthcare Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aveanna Healthcare Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aveanna Healthcare Holdings. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Aveanna Healthcare information on this page should be used as a complementary analysis to other Aveanna Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Aveanna Stock analysis

When running Aveanna Healthcare's price analysis, check to measure Aveanna Healthcare'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 Aveanna Healthcare is operating at the current time. Most of Aveanna Healthcare's value examination focuses on studying past and present price action to predict the probability of Aveanna Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aveanna Healthcare's price. Additionally, you may evaluate how the addition of Aveanna Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Aveanna Healthcare'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 Aveanna Healthcare. If investors know Aveanna 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 Aveanna Healthcare 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
12
Earnings Share
(1.85)
Revenue Per Share
9.892
Quarterly Revenue Growth
0.079
Return On Assets
0.0343
The market value of Aveanna Healthcare is measured differently than its book value, which is the value of Aveanna that is recorded on the company's balance sheet. Investors also form their own opinion of Aveanna Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Aveanna Healthcare'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 Aveanna Healthcare's market value can be influenced by many factors that don't directly affect Aveanna Healthcare'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 Aveanna Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aveanna Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aveanna Healthcare'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.