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

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

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

About National HealthCare Corporation (NHC)

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

National HealthCare Corporation is a provider of senior health care services. The Company operates over 80 skilled facilities for them and third parties with 10,349 beds. Its affiliates also operate over 26 assisted living communities with 1,413 units, nine independent living communities with 778 units, three behavioral health hospitals, 34 homecare agencies, and 30 hospice agencies. It operates specialized care units within certain of its healthcare centers, such as Alzheimer's disease care units and sub-acute nursing units. It also provides insurance services, management and accounting services, and it leases properties to operators of skilled nursing and assisted living facilities. Its segments include inpatient services, which includes the operation of skilled nursing facilities, assisted and independent living facilities, and behavioral health hospitals, and homecare and hospice services. It operates in eight states and is located primarily in the southeastern United States.

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National HealthCare Corporation’s Stock Price as of Market Close

As of September 09, 2024, 4:00 PM, CST, National HealthCare Corporation’s stock price was $121.27.

National HealthCare Corporation is down 6.01% from its previous closing price of $129.03.

During the last market session, National HealthCare Corporation’s stock traded between $128.61 and $131.70. Currently, there are 15.39 million shares of National HealthCare Corporation stock available for purchase.

National HealthCare Corporation’s price-earnings (P/E) ratio is currently at 21.8, which is low compared to the Healthcare Facilities & Services industry median of 22.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

National HealthCare Corporation Stock Price History

National HealthCare Corporation’s (NHC) price is currently down 11.57% so far this month.

During the month of September, National HealthCare Corporation’s stock price has reached a high of $136.88 and a low of $118.27.

Over the last year, National HealthCare Corporation has hit prices as high as $138.49 and as low as $63.44. Year to date, National HealthCare Corporation’s stock is up 103.82%.

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What Caused National HealthCare Corporation Stock’s Price to Dip?

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 September 06, 2024, there were analysts who downgraded National HealthCare Corporation’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate National HealthCare 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 National HealthCare Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

National HealthCare 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 National HealthCare Corporation (NHC) by visiting AAII Stock Evaluator.

Relative Price Strength of National HealthCare 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 September 06, 2024, National HealthCare Corporation has a weighted four-quarter relative price strength of 15.63%, which translates to a Momentum Score of 92 and is considered to be Very Strong.

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National HealthCare Corporation Stock Price: Bottom Line

As of September 9, 2024, National HealthCare Corporation’s stock price is $121.27, which is down 6.01% 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 National HealthCare 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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