Does AdaptHealth Corp (AHCO) offer a good opportunity for investors?

With 1.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.42 million shares. The 52-week range on AHCO shows that it touched its highest point at $11.90 and its lowest point at $8.35 during that stretch. It currently has a 1-year price target of $12.86. Beta for the stock currently stands at 1.30.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AHCO was up-trending over the past week, with a rise of 28.65%, but this was up by 2.71% over a month. Three-month performance surged to 10.55% while six-month performance fell -2.22%. The stock gained 7.11% in the past year, while it has gained 15.55% so far this year. A look at the trailing 12-month EPS for AHCO yields 0.60 with Next year EPS estimates of 1.19. For the next quarter, that number is 0.05. This implies an EPS growth rate of -2.38% for this year and 14.81% for next year.

Float and Shares Shorts:

At present, 134.60 million AHCO shares are outstanding with a float of 86.49 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AHCO since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.95839 being high and $0.8913 being low. For AHCO, this leads to a yearly average estimate of $0.92005.

Summary of Insider Activity:

Insiders traded AHCO stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.