Chemed Corp. (NYSE:CHE) will release its earnings data after the market closes on Tuesday, July 25th. Analysts expect Chemed Corp. to post earnings of $1.89 per share for the quarter. Chemed Corp. has set its FY17 guidance at $7.80-$8.00 EPS.
Chemed Corp. (NYSE:CHE) last announced its quarterly earnings data on Wednesday, April 26th. The company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.04. The company had revenue of $405.90 million for the quarter, compared to analysts’ expectations of $399.75 million. Chemed Corp. had a net margin of 7.14% and a return on equity of 24.62%. Chemed Corp.’s revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.62 EPS. On average, analysts expect Chemed Corp. to post $7.83 EPS for the current fiscal year and $8.51 EPS for the next fiscal year.
Chemed Corp. (CHE) opened at 205.75 on Tuesday. The firm has a 50-day moving average of $204.60 and a 200 day moving average of $183.85. The firm has a market capitalization of $3.31 billion, a PE ratio of 30.19 and a beta of 1.15. Chemed Corp. has a 52 week low of $130.05 and a 52 week high of $216.01.
In other Chemed Corp. news, Director Donald E. Saunders sold 400 shares of the firm’s stock in a transaction on Wednesday, May 3rd. The stock was sold at an average price of $204.85, for a total value of $81,940.00. Following the sale, the director now directly owns 9,886 shares in the company, valued at $2,025,147.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director George J. Walsh III bought 1,000 shares of the business’s stock in a transaction on Monday, June 26th. The stock was bought at an average price of $204.56 per share, for a total transaction of $204,560.00. Following the completion of the purchase, the director now directly owns 7,908 shares of the company’s stock, valued at approximately $1,617,660.48. The disclosure for this purchase can be found here. Insiders sold 5,400 shares of company stock worth $1,104,850 over the last quarter. 5.32% of the stock is currently owned by company insiders.
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A number of research firms have issued reports on CHE. BidaskClub cut Chemed Corp. from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Zacks Investment Research cut Chemed Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $208.00 target price on shares of Chemed Corp. in a research note on Wednesday, July 5th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Chemed Corp. currently has an average rating of “Hold” and a consensus price target of $186.00.
Chemed Corp. Company Profile
Chemed Corporation purchases, operates and divests subsidiaries engaged in various business activities. The Company operates through two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers.
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