Addus HomeCare (NASDAQ:ADUS) Announces Earnings Results


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Addus HomeCare (NASDAQ:ADUS) released its quarterly earnings results on Sunday. The company reported $0.74 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.74, MarketWatch Earnings reports. Addus HomeCare had a net margin of 4.65% and a return on equity of 8.90%. The business had revenue of $205.30 million during the quarter, compared to analysts’ expectations of $209.70 million. During the same quarter in the previous year, the company earned $0.77 EPS. The business’s quarterly revenue was up 7.9% compared to the same quarter last year.

Shares of Addus HomeCare stock traded down $6.24 during trading on Tuesday, reaching $98.83. The company’s stock had a trading volume of 382,011 shares, compared to its average volume of 91,031. Addus HomeCare has a 52-week low of $77.61 and a 52-week high of $129.01. The firm’s 50-day moving average is $107.07 and its two-hundred day moving average is $109.30. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.19 and a quick ratio of 3.19.

Separately, Zacks Investment Research cut shares of Addus HomeCare from a “hold” rating to a “sell” rating in a research note on Monday.

In related news, EVP Laurie Manning sold 1,035 shares of the company’s stock in a transaction on Wednesday, March 3rd. The shares were sold at an average price of $102.00, for a total transaction of $105,570.00. Also, COO W Bradley Bickham sold 2,424 shares of the company’s stock in a transaction on Wednesday, March 3rd. The shares were sold at an average price of $102.33, for a total transaction of $248,047.92. Insiders sold a total of 11,888 shares of company stock valued at $1,223,430 in the last ninety days. 6.90% of the stock is owned by corporate insiders.

About Addus HomeCare

Addus HomeCare Corporation, together with its subsidiaries, provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates through three segments: Personal Care, Hospice, and Home Health.

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Earnings History for Addus HomeCare (NASDAQ:ADUS)

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