Wall Street analysts forecast that Addus HomeCare Corporation (NASDAQ:ADUS) will post earnings per share of $0.44 for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Addus HomeCare Corporation’s earnings, with the lowest EPS estimate coming in at $0.43 and the highest estimate coming in at $0.44. Addus HomeCare Corporation reported earnings of $0.43 per share during the same quarter last year, which indicates a positive year over year growth rate of 2.3%. The firm is scheduled to issue its next quarterly earnings report on Monday, March 5th.

On average, analysts expect that Addus HomeCare Corporation will report full-year earnings of $1.58 per share for the current financial year, with EPS estimates ranging from $1.57 to $1.59. For the next fiscal year, analysts anticipate that the company will report earnings of $1.75 per share, with EPS estimates ranging from $1.67 to $1.89. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Addus HomeCare Corporation.

Addus HomeCare Corporation (NASDAQ:ADUS) last announced its quarterly earnings data on Monday, November 6th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.38 by $0.04. The firm had revenue of $108.60 million for the quarter, compared to the consensus estimate of $108.99 million. Addus HomeCare Corporation had a net margin of 4.30% and a return on equity of 10.35%. The company’s revenue was up 4.9% on a year-over-year basis. During the same period last year, the firm earned $0.39 EPS.

ADUS has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Addus HomeCare Corporation from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research report on Thursday, August 17th. ValuEngine upgraded shares of Addus HomeCare Corporation from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $45.00 price objective on shares of Addus HomeCare Corporation in a research report on Tuesday, September 19th. Robert W. Baird restated a “hold” rating and set a $40.00 price objective on shares of Addus HomeCare Corporation in a research report on Thursday, August 24th. Finally, BidaskClub downgraded shares of Addus HomeCare Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. Addus HomeCare Corporation has an average rating of “Hold” and an average target price of $41.33.

A number of hedge funds and other institutional investors have recently made changes to their positions in ADUS. American International Group Inc. increased its holdings in Addus HomeCare Corporation by 7.0% in the 1st quarter. American International Group Inc. now owns 4,548 shares of the company’s stock valued at $146,000 after acquiring an additional 299 shares during the last quarter. Vanguard Group Inc. increased its holdings in Addus HomeCare Corporation by 6.3% in the 1st quarter. Vanguard Group Inc. now owns 318,439 shares of the company’s stock valued at $10,190,000 after acquiring an additional 18,913 shares during the last quarter. Geode Capital Management LLC increased its holdings in Addus HomeCare Corporation by 6.9% in the 1st quarter. Geode Capital Management LLC now owns 57,652 shares of the company’s stock valued at $1,844,000 after acquiring an additional 3,740 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Addus HomeCare Corporation by 5.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 824,994 shares of the company’s stock valued at $26,400,000 after acquiring an additional 43,588 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Addus HomeCare Corporation by 363.4% in the 1st quarter. Renaissance Technologies LLC now owns 57,000 shares of the company’s stock valued at $1,824,000 after acquiring an additional 44,700 shares during the last quarter. Institutional investors own 94.61% of the company’s stock.

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Shares of Addus HomeCare Corporation (ADUS) traded down $0.15 during mid-day trading on Wednesday, hitting $32.55. 57,500 shares of the stock traded hands, compared to its average volume of 40,258. The company has a market cap of $378.38, a P/E ratio of 22.09, a price-to-earnings-growth ratio of 1.53 and a beta of 0.19. Addus HomeCare Corporation has a 12-month low of $29.90 and a 12-month high of $40.75. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.23.

About Addus HomeCare Corporation

Addus HomeCare Corporation is a provider of personal care services, which are provided primarily in the home. The Company’s personal care services include assistance with bathing, grooming, oral care, skincare, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping and transportation services and other activities of daily living.

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