Aveanna Healthcare Holdings Inc [NASDAQ: AVAH] gained 37.43% or 1.4 points to close at $5.14 with a heavy trading volume of 3396018 shares.
The daily chart for AVAH points out that the company has recorded 2.19% gains over the past six months.
If we look at the average trading volume of 196.37K shares, AVAH reached to a volume of 3396018 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Aveanna Healthcare Holdings Inc [AVAH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AVAH shares is $5.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AVAH stock is a recommendation set at 2.67. 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 Aveanna Healthcare Holdings Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on December 13, 2023. While these analysts kept the previous recommendation, UBS raised their target price to Sell. The new note on the price target was released on November 30, 2023, representing the official price target for Aveanna Healthcare Holdings Inc stock. On January 27, 2023, analysts decreased their price target for AVAH shares from 2 to 1.
The Average True Range (ATR) for Aveanna Healthcare Holdings Inc is set at 0.35, with the Price to Sales ratio for AVAH stock in the period of the last 12 months amounting to 0.50. Price to Free Cash Flow for AVAH in the course of the last twelve months was 100.63 with Quick ratio for the last quarter at 0.94.
Trading performance analysis for AVAH stock
Aveanna Healthcare Holdings Inc [AVAH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 34.91. With this latest performance, AVAH shares gained by 4.47% in over the last four-week period, additionally plugging by 2.19% over the last 6 months – not to mention a rise of 118.72% in the past year of trading.
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 AVAH stock in for the last two-week period is set at 63.63, with the RSI for the last a single of trading hit 70.82, and the three-weeks RSI is set at 59.24 for Aveanna Healthcare Holdings Inc [AVAH]. The present Moving Average for the last 50 days of trading for this stock 4.54, while it was recorded at 4.05 for the last single week of trading, and 4.48 for the last 200 days.
Aveanna Healthcare Holdings Inc [AVAH]: A deeper dive into fundamental analysis
Aveanna Healthcare Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.94 and a Current Ratio set at 0.94.
Aveanna Healthcare Holdings Inc [AVAH]: An earnings per share (EPS) analysis
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 AVAH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aveanna Healthcare Holdings Inc go to 65.10%.
An analysis of Institutional ownership at Aveanna Healthcare Holdings Inc [AVAH]
There are presently around $89.90%, or 95.79%% of AVAH stock, in the hands of institutional investors. The top three institutional holders of AVAH stocks are: BAIN CAPITAL INVESTORS LLC with ownership of 81.6 million shares, which is approximately 42.3681%. J.H. WHITNEY EQUITY PARTNERS VII, LLC, holding 48.66 million shares of the stock with an approximate value of $$134.29 million in AVAH stocks shares; and J.H. WHITNEY EQUITY PARTNERS VII, LLC, currently with $$34.15 million in AVAH stock with ownership which is approximately 6.424%.
