Chemed Corp Stock Today
CHE Stock | USD 604.42 4.01 0.67% |
Performance0 of 100
| Odds Of DistressLess than 3
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Chemed Corp is trading at 604.42 as of the 23rd of April 2024, a 0.67 percent up since the beginning of the trading day. The stock's lowest day price was 598.16. Chemed Corp has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Chemed Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 3rd of May 1973 | Category Healthcare | Classification Health Care |
Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio. The company has 15.14 M outstanding shares of which 451.55 K shares are currently shorted by investors with about 5.34 days to cover. More on Chemed Corp
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Chemed 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. Chemed Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Chemed Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Executive VP and CEO of Vitas | Timothy OToole | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Healthcare (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Old Names | [Cherkizovo Group GDR, China Huarong Asset Management Co. Ltd] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP Midcap 400, Healthcare, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Chemed Corp report their recommendations after researching Chemed Corp's financial statements, talking to executives and customers, or listening in on Chemed Corp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Chemed Corp. The Chemed consensus assessment is calculated by taking the average forecast from all of the analysts covering Chemed Corp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the analysis of Chemed Corp's profitability, liquidity, and operating efficiency, Chemed Corp is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Chemed Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Chemed Corp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Chemed Corp'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 Chemed Corp's financial leverage. It provides some insight into what part of Chemed Corp's total assets is financed by creditors.
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Chemed Corp (CHE) is traded on New York Stock Exchange in USA. It is located in 255 East Fifth Street, Cincinnati, OH, United States, 45202-4726 and employs 15,087 people. Chemed Corp is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chemed Corp's market, we take the total number of its shares issued and multiply it by Chemed Corp'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. Chemed Corp runs under Health Care Providers & Services sector within Health Care industry. The entity has 15.14 M outstanding shares of which 451.55 K shares are currently shorted by investors with about 5.34 days to cover.
Chemed Corp has about 74.13 M in cash with 330.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65.
Check Chemed Corp Probability Of Bankruptcy
Ownership AllocationChemed Corp holds a total of 15.14 Million outstanding shares. The majority of Chemed Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Chemed Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Chemed Corp. Please pay attention to any change in the institutional holdings of Chemed Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many 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 Chemed Ownership Details
Chemed Stock Price Odds Analysis
What are Chemed Corp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Chemed Corp jumping above the current price in 90 days from now is about 66.83%. The Chemed Corp probability density function shows the probability of Chemed Corp stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Chemed Corp has a beta of 0.6745 suggesting as returns on the market go up, Chemed Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chemed Corp will be expected to be much smaller as well. Additionally, chemed Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Chemed Corp to move above the current price in 90 days from now is about 66.83 (This Chemed Corp probability density function shows the probability of Chemed Stock to fall within a particular range of prices over 90 days) .
Chemed Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Chemed Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Chemed Corp'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 Chemed Corp's value.Instituion | Recorded On | Shares | |
Wellington Management Company Llp | 2023-12-31 | 232.5 K | |
Td Asset Management Inc | 2023-12-31 | 205.8 K | |
Massachusetts Financial Services Company | 2023-12-31 | 203.1 K | |
Btim Corp | 2023-12-31 | 199.1 K | |
Victory Capital Management Inc. | 2023-12-31 | 188.7 K | |
Timessquare Capital Management, Llc | 2023-12-31 | 184.2 K | |
Northern Trust Corp | 2023-12-31 | 183.7 K | |
Fidelity International Ltd | 2023-12-31 | 168.1 K | |
Fmr Inc | 2023-12-31 | 164.8 K | |
Vanguard Group Inc | 2023-12-31 | 1.7 M | |
Blackrock Inc | 2023-12-31 | 1.4 M |
Chemed Corp Historical Income Statement
Chemed Corp Income Statement is one of the three primary financial statements used for reporting Chemed's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Chemed Corp revenue and expense. Chemed Corp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Chemed Corp's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.4 B, whereas Gross Profit is forecasted to decline to about 370.4 M. View More FundamentalsChemed Stock Against Markets
Picking the right benchmark for Chemed Corp 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 Chemed Corp 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 Chemed Corp is critical whether you are bullish or bearish towards Chemed Corp at a given time. Please also check how Chemed Corp's historical prices are related to one of the top price index indicators.
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Chemed Corp Corporate Directors
Chemed Corp corporate directors refer to members of a Chemed Corp board of directors. The board of directors generally takes responsibility for the Chemed Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Chemed Corp's board members must vote for the resolution. The Chemed Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Andrea Lindell | Independent Director | Profile | |
Thomas Rice | Independent Director | Profile | |
Joel Gemunder | Independent Director | Profile | |
Patrick Grace | Independent Director | Profile |
How to buy Chemed Stock?
Before investing in Chemed Corp, 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 Chemed Corp. To buy Chemed Corp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Chemed Corp. 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 Chemed Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Chemed Corp 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 Chemed Corp 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 Chemed Corp, 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 Chemed Stock please use our How to Invest in Chemed Corp guide.
Already Invested in Chemed Corp?
The danger of trading Chemed Corp 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 Chemed Corp 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 Chemed Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chemed Corp 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 Chemed Corp is a strong investment it is important to analyze Chemed Corp'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 Chemed Corp's future performance. For an informed investment choice regarding Chemed Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.Note that the Chemed Corp information on this page should be used as a complementary analysis to other Chemed Corp'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Chemed Stock analysis
When running Chemed Corp's price analysis, check to measure Chemed Corp'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 Chemed Corp is operating at the current time. Most of Chemed Corp's value examination focuses on studying past and present price action to predict the probability of Chemed Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemed Corp's price. Additionally, you may evaluate how the addition of Chemed Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chemed Corp'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 Chemed Corp. If investors know Chemed 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 Chemed Corp 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 0.432 | Dividend Share 1.56 | Earnings Share 17.95 | Revenue Per Share 150.46 | Quarterly Revenue Growth 0.072 |
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp'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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp'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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp'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.