Chemed Corp [NYSE: CHE] slipped around -3.57 points on previous day while shares priced at $546.08 at the close of the session, down -0.65%.
Compared to the average trading volume of 131.30K shares, CHE reached a trading volume of 120431 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Chemed Corp [CHE]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHE shares is $677.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHE stock is a recommendation set at 1.25. 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.
RBC Capital Mkts have made an estimate for Chemed Corp shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 11, 2020. The new note on the price target was released on November 01, 2019, representing the official price target for Chemed Corp stock. Previously, the target price had yet another raise from $470 to $500, while BofA/Merrill kept a Buy rating on CHE stock.
The Average True Range (ATR) for Chemed Corp is set at 9.99, with the Price to Sales ratio for CHE stock in the period of the last 12 months amounting to 3.21. The Price to Book ratio for the last quarter was 6.73, with the Price to Cash per share for the same quarter was set at 11.89. Price to Free Cash Flow for CHE in the course of the last twelve months was 25.36 with Quick ratio for the last quarter at 1.70.
How has CHE stock performed recently?
Chemed Corp [CHE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.51. With this latest performance, CHE shares dropped by -5.53% in over the last four-week period, additionally sinking by -0.17% over the last 6 months – not to mention a rise of 1.36% in the past year of trading.
Chemed Corp [CHE]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Chemed Corp [CHE] shares currently have an operating margin of 15.63% and a Gross Margin at 32.28%. Chemed Corp’s Net Margin is presently recorded at 12.40%.
Return on Equity for this stock inclined to 17.88%, with Return on Assets sitting at 17.88%.
Earnings analysis for Chemed Corp [CHE]
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 CHE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Chemed Corp go to 7.56%.
Insider trade positions for Chemed Corp [CHE]
There are presently around $96.37%, or 98.37%% of CHE stock, in the hands of institutional investors. The top three institutional holders of CHE stocks are: VANGUARD GROUP INC with ownership of 1.69 million shares, which is approximately 11.1798%. BLACKROCK INC., holding 1.44 million shares of the stock with an approximate value of $$781.48 million in CHE stocks shares; and BLACKROCK INC., currently with $$314.87 million in CHE stock with ownership which is approximately 3.8439%.
