Chemed (CHE) Stock Price, News & Analysis

Company Overview

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in VITAS and Roto-Rooter segments. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio.

Key Stats

• Today's Range: $520.00 to $526.21
• 50-Day Range: $518.59 to $612.59
• 52-Week Range: $516.91 to $654.62
• Volume: 241,923 shs
• Average Volume: 87,427 shs
• Market Capitalization: $7.87 billion
• P/E Ratio: 26.44
• Dividend Yield: 0.38%
• Price Target: $641.50
• Consensus Rating: Buy

Chemed Stock Analysis - MarketRank™

Chemed scored higher than 99% of companies evaluated by MarketBeat, and ranked 32nd out of 947 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Chemed has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chemed has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.73%

Earnings Growth

Earnings for Chemed are expected to grow by 8.73% in the coming year, from $21.43 to $23.30 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chemed is 26.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chemed is 26.44, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 135.07.

Price to Earnings Growth Ratio

Chemed has a PEG Ratio of 2.32. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Chemed has a P/B Ratio of 7.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.65% of the float of Chemed has been sold short.

Short Interest Ratio / Days to Cover

Chemed has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chemed has recently decreased by 9.71%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Chemed has a dividend yield of 0.37%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chemed has been increasing its dividend for 16 years.

Dividend Coverage

The dividend payout ratio of Chemed is 10.11%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Chemed will have a dividend payout ratio of 8.58% next year. This indicates that Chemed will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 4.9 / 5
• Environmental Score: -0.33

Percentage of Shares Shorted

1.65% of the float of Chemed has been sold short.

Short Interest Ratio / Days to Cover

Chemed has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chemed has recently decreased by 9.71%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.18

News Sentiment

Chemed has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Chemed this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for CHE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Chemed to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Chemed insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,003,502.00 in company stock.

Percentage Held by Insiders

Only 3.32% of the stock of Chemed is held by insiders.

Percentage Held by Institutions

95.85% of the stock of Chemed is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CHE Stock Analysis - Frequently Asked Questions

How have CHE shares performed this year?

Chemed's stock was trading at $584.75 on January 1st, 2024. Since then, CHE stock has decreased by 10.5% and is now trading at $523.16.
View the best growth stocks for 2024 here.

How were Chemed's earnings last quarter?

Chemed Co. (NYSE:CHE) issued its quarterly earnings results on Tuesday, October, 29th. The company reported $5.64 EPS for the quarter, missing analysts' consensus estimates of $5.76 by $0.12. Chemed's revenue for the quarter was up 7.4% compared to the same quarter last year.

Who are Chemed's major shareholders?

Chemed's top institutional shareholders include State Street Corp (3.09%), Geode Capital Management LLC (2.23%), Impax Asset Management Group plc (2.21%) and FMR LLC (1.59%). Insiders that own company stock include Kevin J Mcnamara, Spencer S Lee, David Patrick Williams, Nicholas Michael Westfall, Andrea R Lindell, Donald E Saunders, Patrick P Grace, George J Walsh III, Michael D Witzeman and Brian C Judkins.
View institutional ownership trends.

How do I buy shares of Chemed?

Shares of CHE 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 Chemed own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chemed investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 10/29/2024
• Ex-Dividend for 12/6 Dividend: 11/18/2024
• Dividend Payable: 12/06/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Home health care services
• Sub-Industry: Health Care Services
• Current Symbol: NYSE:CHE
• CUSIP: 16359R10
• CIK: 19584
• Web: www.chemed.com
• Phone: (513) 762-6690
• Fax: 513-762-6590
• Employees: 15,087
• Year Founded: 1970

Price Target and Rating

• Average Stock Price Target: $641.50
• High Stock Price Target: $650.00
• Low Stock Price Target: $633.00
• Potential Upside/Downside: +22.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $19.79
• Trailing P/E Ratio: 26.44
• Forward P/E Ratio: 24.41
• P/E Growth: 2.32
• Net Income: $272.51 million
• Net Margins: 12.69%
• Pretax Margin: 16.61%
• Return on Equity: 27.86%
• Return on Assets: 19.12%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.85
• Quick Ratio: 1.81

Sales & Book Value

• Annual Sales: $2.38 billion
• Price / Sales: 3.31
• Cash Flow: $23.46 per share
• Price / Cash Flow: 22.30
• Book Value: $73.55 per share
• Price / Book: 7.11

Miscellaneous

• Outstanding Shares: 15,050,000
• Free Float: 14,550,000
• Market Cap: $7.87 billion
• Optionable: Optionable
• Beta: 0.46