AdaptHealth (AHCO) Set to Announce Quarterly Earnings on Tuesday

AdaptHealth (NASDAQ:AHCO) will issue its quarterly earnings data before the market opens on Tuesday, August 6th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

AdaptHealth (NASDAQ:AHCO) last announced its earnings results on Tuesday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.04). AdaptHealth had a negative net margin of 21.45% and a positive return on equity of 8.47%. The company had revenue of $792.50 million for the quarter, compared to the consensus estimate of $771.08 million. On average, analysts expect AdaptHealth to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

AdaptHealth Trading Down 1.0 %

AHCO opened at $11.00 on Monday. The company has a current ratio of 1.33, a quick ratio of 1.11 and a debt-to-equity ratio of 1.48. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of -2.09, a PEG ratio of 0.76 and a beta of 1.10. AdaptHealth has a 12 month low of $6.37 and a 12 month high of $15.37. The stock has a fifty day moving average price of $10.58 and a 200-day moving average price of $9.77.

Wall Street Analyst Weigh In

Separately, Truist Financial reissued a “buy” rating and set a $13.00 price target on shares of AdaptHealth in a research report on Wednesday, May 15th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $10.70.

AdaptHealth Company Profile

AdaptHealth Corp., together with its subsidiaries, sells home medical equipment (HME), medical supplies, and home and related services in the United States. The company provides sleep therapy equipment, supplies, and related services, such as CPAP and bi-PAP services to individuals suffering from obstructive sleep apnea; medical devices and supplies, including continuous glucose monitors and insulin pumps for the treatment of diabetes; HME to patients discharged from acute care and other facilities; oxygen and related chronic therapy services in the home; and other HME devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy, and nutritional supply needs.