Chemed Corporation (NYSE:CHE – Get Free Report) CEO Kevin Mcnamara sold 2,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $539.51, for a total transaction of $1,079,020.00. Following the transaction, the chief executive officer directly owned 70,418 shares of the company’s stock, valued at approximately $37,991,215.18. This trade represents a 2.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Chemed Price Performance
Chemed stock opened at $549.01 on Friday. The company’s 50 day simple moving average is $475.46 and its 200-day simple moving average is $439.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.89 and a current ratio of 0.91. Chemed Corporation has a 1 year low of $365.20 and a 1 year high of $551.74. The company has a market capitalization of $7.18 billion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 2.07 and a beta of 0.51.
Chemed (NYSE:CHE – Get Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $6.06 earnings per share for the quarter, beating the consensus estimate of $5.60 by $0.46. The firm had revenue of $673.25 million during the quarter, compared to the consensus estimate of $665.04 million. Chemed had a net margin of 10.60% and a return on equity of 31.77%. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the firm earned $4.27 EPS. Chemed has set its FY 2026 guidance at 25.000-25.750 EPS. As a group, equities research analysts expect that Chemed Corporation will post 23.18 earnings per share for the current year.
Chemed Announces Dividend
Institutional Investors Weigh In On Chemed
Several large investors have recently bought and sold shares of the stock. Abbot Financial Management Inc. acquired a new stake in Chemed in the 2nd quarter valued at about $559,000. Global Retirement Partners LLC acquired a new position in shares of Chemed during the second quarter worth about $49,000. Bank of New York Mellon Corp purchased a new stake in shares of Chemed during the second quarter worth approximately $43,800,000. Focus Partners Advisor Solutions LLC acquired a new stake in Chemed in the second quarter valued at approximately $998,000. Finally, State of Wyoming acquired a new stake in Chemed in the second quarter valued at approximately $151,000. Hedge funds and other institutional investors own 95.85% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on CHE shares. Royal Bank Of Canada raised their target price on Chemed from $436.00 to $548.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. Zacks Research upgraded shares of Chemed from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen raised shares of Chemed from a “hold” rating to a “strong-buy” rating in a research report on Saturday, August 1st. Oppenheimer raised their price objective on shares of Chemed from $500.00 to $590.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, Weiss Ratings raised shares of Chemed from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $530.75.
Get Our Latest Report on Chemed
Chemed Company Profile
Chemed Corporation is a diversified provider of essential home services and healthcare solutions in the United States. Headquartered in Cincinnati, Ohio, the company operates through two principal business segments—Roto-Rooter and Vitas Healthcare. Since its founding in 1974, Chemed has built a reputation for reliability and expertise, serving both residential and commercial customers across a broad range of markets.
The Roto-Rooter segment offers a comprehensive suite of plumbing, drain cleaning and water restoration services.
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