Aveanna Healthcare (NASDAQ:AVAH - Free Report) had its target price trimmed by Truist Financial from $6.00 to $5.25 in a research note published on Monday,Benzinga reports. The brokerage currently has a hold rating on the stock.
Aveanna Healthcare Trading Down 3.2 %
Shares of NASDAQ:AVAH traded down $0.15 during midday trading on Monday, hitting $4.51. The stock had a trading volume of 219,463 shares, compared to its average volume of 226,854. The company has a market capitalization of $871.44 million, a PE ratio of -13.26 and a beta of 2.25. Aveanna Healthcare has a 1 year low of $2.00 and a 1 year high of $6.19. The stock has a 50 day moving average price of $5.15 and a two-hundred day moving average price of $4.70.
Aveanna Healthcare (NASDAQ:AVAH - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The business had revenue of $509.02 million for the quarter, compared to analysts' expectations of $495.80 million. During the same period last year, the company posted ($0.05) earnings per share. As a group, equities analysts expect that Aveanna Healthcare will post -0.08 EPS for the current year.
Institutional Trading of Aveanna Healthcare
Several institutional investors and hedge funds have recently modified their holdings of AVAH. Intech Investment Management LLC purchased a new stake in Aveanna Healthcare in the 3rd quarter valued at approximately $69,000. XTX Topco Ltd acquired a new stake in shares of Aveanna Healthcare during the third quarter valued at $92,000. Virtu Financial LLC purchased a new stake in Aveanna Healthcare during the 3rd quarter worth about $99,000. SG Americas Securities LLC acquired a new position in Aveanna Healthcare in the 3rd quarter valued at about $101,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Aveanna Healthcare during the 3rd quarter worth about $136,000. Hedge funds and other institutional investors own 87.96% of the company's stock.
About Aveanna Healthcare
(
Get Free Report)
Aveanna Healthcare Holdings Inc, a diversified home care platform company, provides pediatric and adult healthcare services in the United States. Its patient-centered care delivery platform allows patients to remain in their homes and minimizes the overutilization of high-cost care settings, such as hospitals or skilled nursing facilities.
See Also
Before you consider Aveanna Healthcare, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aveanna Healthcare wasn't on the list.
While Aveanna Healthcare currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
