Ardent Health (NYSE:ARDT) Updates FY 2026 Earnings Guidance

Ardent Health (NYSE:ARDT) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.900-1.270 for the period, compared to the consensus earnings per share estimate of 1.120. The company issued revenue guidance of $6.4 billion-$6.7 billion, compared to the consensus revenue estimate of $6.6 billion.

Wall Street Analysts Forecast Growth

ARDT has been the topic of a number of recent analyst reports. Leerink Partners decreased their target price on Ardent Health from $16.00 to $15.00 and set an “outperform” rating on the stock in a research report on Friday, March 6th. JPMorgan Chase & Co. reduced their price objective on shares of Ardent Health from $12.00 to $11.00 and set a “neutral” rating for the company in a research report on Tuesday, January 20th. Zacks Research raised shares of Ardent Health from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 25th. Finally, Royal Bank Of Canada dropped their target price on shares of Ardent Health from $14.00 to $13.00 and set an “outperform” rating on the stock in a research report on Monday, March 9th. Seven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Ardent Health has an average rating of “Hold” and an average target price of $14.25.

Ardent Health Price Performance

Shares of NYSE ARDT traded up $0.23 during midday trading on Thursday, hitting $9.60. The stock had a trading volume of 259,804 shares, compared to its average volume of 393,354. The company has a quick ratio of 1.85, a current ratio of 1.97 and a debt-to-equity ratio of 0.64. The stock has a 50 day simple moving average of $9.26 and a 200-day simple moving average of $9.79. The company has a market capitalization of $1.37 billion, a PE ratio of 10.18 and a beta of 0.93. Ardent Health has a 1 year low of $8.07 and a 1 year high of $15.48.

Ardent Health (NYSE:ARDT) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.18 by $0.10. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Ardent Health had a return on equity of 14.01% and a net margin of 2.09%.Ardent Health has set its FY 2026 guidance at 0.900-1.270 EPS. On average, sell-side analysts expect that Ardent Health will post 1.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Ardent Health

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Invesco Ltd. grew its stake in Ardent Health by 24.4% during the 4th quarter. Invesco Ltd. now owns 71,304 shares of the company’s stock valued at $630,000 after acquiring an additional 13,964 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Ardent Health by 135.0% during the 4th quarter. Empowered Funds LLC now owns 551,738 shares of the company’s stock worth $4,872,000 after purchasing an additional 316,961 shares during the last quarter. VARCOV Co. acquired a new position in shares of Ardent Health during the 4th quarter worth approximately $232,000. Susquehanna Portfolio Strategies LLC grew its position in shares of Ardent Health by 101.8% in the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 62,957 shares of the company’s stock valued at $556,000 after purchasing an additional 31,758 shares in the last quarter. Finally, Numerai GP LLC purchased a new stake in shares of Ardent Health in the fourth quarter valued at approximately $616,000.

About Ardent Health

Ardent Health, listed on the New York Stock Exchange under the ticker ARDT, is a healthcare delivery company focused on acquiring, developing and managing acute care hospitals and complementary outpatient facilities across the United States. The company’s integrated platform encompasses both inpatient and outpatient services, designed to provide end-to-end care solutions and address the full continuum of patient needs.

Through its network, Ardent Health operates general hospitals, emergency departments, ambulatory surgery centers, urgent care clinics, rehabilitation and post-acute care facilities.