Aveanna Healthcare (AVAH) Stock Price, News & Analysis

Company Overview

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. The company operates through three segments: Private Duty Services (PDS), Home Health & Hospice (HHH), and Medical Solutions (MS). The PDS segment offers PDN services, which include in-home skilled nursing services to medically fragile children and adults; nursing services in school settings in which its caregivers accompany patients to school; services to patients in its pediatric day healthcare centers; and employer of record support and personal care services, as well as in-clinic and home-based therapy services, such as physical, occupational, and speech services. The HHH segment provides home health services, including in-home skilled nursing services; physical, occupational, and speech therapy services; and medical social and aide services, as well as hospice services for patients and their families when a life-limiting illness no longer responds to cure-oriented treatments. The MS segment offers enteral nutrition supplies and other products, including formulas, supplies, and pumps to adults and children delivered on a periodic or as-needed basis. The company was incorporated in 2016 and is headquartered in Atlanta, Georgia.

Key Stats

• Today's Range: $5.67 to $5.82
• 50-Day Range: $4.22 to $5.95
• 52-Week Range: $2.00 to $6.19
• Volume: 149,168 shs
• Average Volume: 290,761 shs
• Market Capitalization: $1.11 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.27
• Consensus Rating: Reduce

Aveanna Healthcare Stock Analysis - MarketRank™

Aveanna Healthcare scored higher than 10% of companies evaluated by MarketBeat, and ranked 933rd out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 0.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Aveanna Healthcare has received a consensus rating of Reduce. The company's average rating score is 1.75, and is based on 1 buy rating, 1 hold rating, and 2 sell ratings.

Amount of Analyst Coverage

Aveanna Healthcare has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Aveanna Healthcare are expected to grow in the coming year, from ($0.09) to ($0.02) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Aveanna Healthcare is -16.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Aveanna Healthcare is -16.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.16% of the float of Aveanna Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Aveanna Healthcare has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aveanna Healthcare has recently decreased by 2.44%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aveanna Healthcare does not currently pay a dividend.

Dividend Growth

Aveanna Healthcare does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.16% of the float of Aveanna Healthcare has been sold short.

Short Interest Ratio / Days to Cover

Aveanna Healthcare has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aveanna Healthcare has recently decreased by 2.44%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 1 people have searched for AVAH on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Aveanna Healthcare insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 7.80% of the stock of Aveanna Healthcare is held by insiders.

Percentage Held by Institutions

87.96% of the stock of Aveanna Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AVAH Stock Analysis - Frequently Asked Questions

How have AVAH shares performed this year?

Aveanna Healthcare's stock was trading at $2.68 on January 1st, 2024. Since then, AVAH stock has increased by 115.3% and is now trading at $5.77.
View the best growth stocks for 2024 here.

How were Aveanna Healthcare's earnings last quarter?

Aveanna Healthcare Holdings Inc. (NASDAQ:AVAH) issued its quarterly earnings data on Thursday, November, 7th. The company reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The company earned $509.02 million during the quarter, compared to analyst estimates of $495.80 million.

When did Aveanna Healthcare IPO?

Aveanna Healthcare (AVAH) raised $478 million in an initial public offering on Thursday, April 29th 2021. The company issued 38,200,000 shares at $12.00-$13.00 per share. Barclays, J.P. Morgan, BMO Capital Markets and Credit Suisse served as the underwriters for the IPO and BofA Securities, Deutsche Bank Securities, Jefferies, RBC Capital Markets, Truist Securities, Raymond James, Stephens Inc., Drexel Hamilton and Siebert Williams Shank were co-managers.

Who are Aveanna Healthcare's major shareholders?

Top institutional shareholders of Aveanna Healthcare include Littlejohn & Co. LLC (4.20%), Geode Capital Management LLC (0.73%), State Street Corp (0.54%) and Charles Schwab Investment Management Inc. (0.24%). Insiders that own company stock include Tony Strange, Jeff Shaner, David Afshar, Victor F Ganzi, Patrick A Cunningham and Steven E Rodgers.
View institutional ownership trends.

How do I buy shares of Aveanna Healthcare?

Shares of AVAH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Aveanna Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aveanna Healthcare investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/13/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Home health care services
• Sub-Industry: Healthcare
• Current Symbol: NASDAQ:AVAH
• CUSIP: N/A
• CIK: 1832332
• Web: www.aveanna.com
• Phone: 770-441-1580
• Fax: N/A
• Employees: 33,500
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.27
• High Stock Price Target: $5.00
• Low Stock Price Target: $2.80
• Potential Upside/Downside: -26.1%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-134,520,000.00
• Net Margins: -3.32%
• Pretax Margin: -2.70%
• Return on Equity: N/A
• Return on Assets: -0.89%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.94
• Quick Ratio: 0.94

Sales & Book Value

• Annual Sales: $1.98 billion
• Price / Sales: 0.56
• Cash Flow: $0.60 per share
• Price / Cash Flow: 9.67
• Book Value: ($0.68) per share
• Price / Book: -8.49

Miscellaneous

• Outstanding Shares: 193,225,000
• Free Float: 178,153,000
• Market Cap: $1.11 billion
• Optionable: Optionable
• Beta: 2.13