Ardent Health Partners Inc [NYSE: ARDT] stock went on an upward path that rose over 2.17% on Friday, amounting to a one-week price decrease of less than -10.76%.
The one-year Ardent Health Partners Inc stock forecast points to a potential upside of 35.76. The average equity rating for ARDT stock is currently 1.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.01 billion, with 142.74 million shares outstanding and 22.88 million shares in the current float. Compared to the average trading volume of 255.36K shares, ARDT stock reached a trading volume of 259514 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Ardent Health Partners Inc [ARDT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARDT shares is $21.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARDT stock is a recommendation set at 1.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for Ardent Health Partners Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 17, 2024. While these analysts kept the previous recommendation, BofA Securities dropped their target price from $22 to $19. The new note on the price target was released on November 06, 2024, representing the official price target for Ardent Health Partners Inc stock. Previously, the target price had yet another raise to $24, while KeyBanc Capital Markets analysts kept a Overweight rating on ARDT stock.
The Average True Range (ATR) for Ardent Health Partners Inc is set at 0.75, with the Price to Sales ratio for ARDT stock in the period of the last 12 months amounting to 0.35. The Price to Book ratio for the last quarter was 2.00, with the Price to Cash per share for the same quarter was set at 3.95. Price to Free Cash Flow for ARDT in the course of the last twelve months was 20.27 with Quick ratio for the last quarter at 1.78.
ARDT Stock Performance Analysis:
Ardent Health Partners Inc [ARDT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.76. With this latest performance, ARDT shares dropped by -15.16% in over the last four-week period, additionally sinking by -12.20% over the last 6 months.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARDT stock in for the last two-week period is set at 33.58, with the RSI for the last a single of trading hit 29.82, and the three-weeks RSI is set at 36.78 for Ardent Health Partners Inc [ARDT]. The present Moving Average for the last 50 days of trading for this stock 16.34, while it was recorded at 14.36 for the last single week of trading.
Insight into Ardent Health Partners Inc Fundamentals:
Ardent Health Partners Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.78 and a Current Ratio set at 1.91.
ARDT Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ARDT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ardent Health Partners Inc go to 63.52%.
