Addus HomeCare Corporation (NASDAQ:ADUS) spotted trading -29.31% off 52-week high price. On the other end, the stock has been noted 71.41% away from the low price over the last 52-weeks. The stock changed -8.12% to recent value of $73.92. The stock transacted 192994 shares during most recent day however it has an average volume of 173.28K shares. The company has 15.67M of outstanding shares and 15.49M shares were floated in the market.
On May 04, 2020, Addus HomeCare Corporation (NASDAQ:ADUS) a provider of home care services, disclosed preliminary financial results for the first quarter ended March 31, 2020.
Net service revenues were $190.2 million for the first quarter of 2020, an increase from the first quarter of 2019. Net income increased to $8.7 million and net income per diluted share increased to $0.54, in comparison with the prior year period. Adjusted net income per diluted share grew to $0.77 from the first quarter of 2019.
Adjusted net income per diluted share for the first quarter of 2020 excludes COVID-19 expenses of $0.01, M&A expenses of $0.09, restructuring and severance costs of $0.05, and stock-based compensation expense of $0.08. Adjusted EBITDA increased to $17.7 million for the first quarter of 2020 from the first quarter of 2019. (See page 5 for a reconciliation of all non-GAAP and GAAP financial measures in this news release.)
At March 31, 2020, the Company had cash of $130.5 million and bank debt of $60.1 million, while availability under its revolving credit facility was $218.5 million. Net cash provided by operating activities was $20.4 million for the first quarter of 2020.
Its earnings per share (EPS) expected to touch remained 20.50% for this year while earning per share for the next 5-years is expected to reach at 15.00%. ADUS has a gross margin of 27.10% and an operating margin of 4.70% while its profit margin remained 3.30% for the last 12 months.
According to the most recent quarter its current ratio was 5.1 that represents company’s ability to meet its current financial obligations. The price moved ahead of -5.63% from the mean of 20 days, -0.76% from mean of 50 days SMA and performed -12.82% from mean of 200 days price. Company’s performance for the week was -7.01%, 7.30% for month and YTD performance remained -23.97%.