Chemed Corporation (NYSE:CHE – Get Free Report) Director Andrea Lindell sold 1,347 shares of the business’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $447.33, for a total value of $602,553.51. Following the transaction, the director owned 4,578 shares of the company’s stock, valued at approximately $2,047,876.74. This represents a 22.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Chemed Stock Performance
Shares of NYSE CHE opened at $434.63 on Thursday. The company has a market cap of $5.77 billion, a PE ratio of 23.69, a P/E/G ratio of 1.67 and a beta of 0.54. The company has a current ratio of 0.85, a quick ratio of 0.83 and a debt-to-equity ratio of 0.11. Chemed Corporation has a 12-month low of $365.20 and a 12-month high of $562.77. The stock has a 50 day simple moving average of $413.56 and a 200-day simple moving average of $424.69.
Chemed (NYSE:CHE – Get Free Report) last released its earnings results on Thursday, April 23rd. The company reported $5.65 earnings per share for the quarter, topping analysts’ consensus estimates of $5.30 by $0.35. The firm had revenue of $657.51 million during the quarter, compared to the consensus estimate of $659.22 million. Chemed had a return on equity of 27.18% and a net margin of 10.23%.The firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.63 earnings per share. Chemed has set its FY 2026 guidance at 24.000-24.75 EPS. On average, equities research analysts forecast that Chemed Corporation will post 22.3 EPS for the current year.
Chemed Announces Dividend
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Maripau Wealth Management LLC increased its holdings in shares of Chemed by 5.4% in the first quarter. Maripau Wealth Management LLC now owns 970 shares of the company’s stock valued at $366,000 after buying an additional 50 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Chemed during the 1st quarter valued at $2,293,000. Cim LLC raised its stake in Chemed by 1.6% during the 1st quarter. Cim LLC now owns 2,325 shares of the company’s stock valued at $878,000 after purchasing an additional 37 shares during the period. Amundi raised its stake in Chemed by 6,982.7% during the 1st quarter. Amundi now owns 35,555 shares of the company’s stock valued at $13,431,000 after purchasing an additional 35,053 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Chemed by 9.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 406 shares of the company’s stock valued at $153,000 after purchasing an additional 35 shares during the period. Institutional investors own 95.85% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the company. Weiss Ratings upgraded Chemed from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, April 29th. Oppenheimer dropped their price target on Chemed from $580.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, February 27th. Royal Bank Of Canada upped their price target on Chemed from $422.00 to $436.00 and gave the company a “sector perform” rating in a report on Monday, April 27th. Zacks Research raised Chemed from a “strong sell” rating to a “hold” rating in a report on Monday, April 27th. Finally, Wall Street Zen cut Chemed from a “buy” rating to a “hold” rating in a report on Monday. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Chemed has an average rating of “Hold” and an average price target of $501.50.
Get Our Latest Stock Report on CHE
About Chemed
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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