Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Addus Homecare Corporation before investing.

In this article, we go over a few key elements for understanding Addus Homecare Corporation’s stock price such as:

• Addus Homecare Corporation’s current stock price and volume
• Why Addus Homecare Corporation’s stock price changed recently
• Upgrades and downgrades for ADUS from analysts
• ADUS’s stock price momentum as measured by its relative strength

About Addus Homecare Corporation (ADUS)

Before we jump into Addus Homecare Corporation’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Addus HomeCare Corporation is engaged in providing home care services. Its segments include Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living, to persons who are at increased risk of hospitalization or institutionalization, such as the elderly, chronically ill or disabled. The services it provides include assistance with bathing, grooming, feeding and dressing, medication reminders and others. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and related services for their families. The Hospice services it provides include palliative nursing care, social work, spiritual counseling, homemaker services and bereavement counseling. Its Home Health segment provides services that are medical in nature to individuals who may require assistance during an illness or after hospitalization and includes skilled nursing and physical, occupational and speech therapy.

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Addus Homecare Corporation’s Stock Price as of Market Close

As of March 18, 2024, 4:00 PM, CST, Addus Homecare Corporation’s stock price was $101.20.

Addus Homecare Corporation is up 4.59% from its previous closing price of $96.76.

During the last market session, Addus Homecare Corporation’s stock traded between $96.01 and $98.32. Currently, there are 16.02 million shares of Addus Homecare Corporation stock available for purchase.

Addus Homecare Corporation’s price-earnings (P/E) ratio is currently at 25.2, which is high compared to the Healthcare Facilities & Services industry median of 23.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Addus Homecare Corporation Stock Price History

Addus Homecare Corporation’s (ADUS) price is currently up 9.67% so far this month.

During the month of March, Addus Homecare Corporation’s stock price has reached a high of $104.61 and a low of $92.02.

Over the last year, Addus Homecare Corporation has hit prices as high as $114.97 and as low as $77.30. Year to date, Addus Homecare Corporation’s stock is up 1.72%.

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What Caused Addus Homecare Corporation Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 15, 2024, there were 2 analysts who downgraded Addus Homecare Corporation’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Addus Homecare Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Addus Homecare Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Addus Homecare Corporation’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Addus Homecare Corporation (ADUS) by visiting AAII Stock Evaluator.

Relative Price Strength of Addus Homecare Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 15, 2024, Addus Homecare Corporation has a weighted four-quarter relative price strength of -6.31%, which translates to a Momentum Score of 48 and is considered to be Average.

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Addus Homecare Corporation Stock Price: Bottom Line

As of March 18, 2024, Addus Homecare Corporation’s stock price is $101.20, which is up 4.59% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Addus Homecare Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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