In the last trading session, 1.05 million Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) shares changed hands as the company’s beta touched 2.13. With the company’s per share price at $5.20 changed hands at $0.03 or 0.58% during last session, the market valuation stood at $1.00B. AVAH’s last price was a discount, traded about -14.42% off its 52-week high of $5.95. The share price had its 52-week low at $0.85, which suggests the last value was 83.65% up since then. When we look at Aveanna Healthcare Holdings Inc’s average trading volume, we note the 10-day average is 0.49 million shares, with the 3-month average coming to 348.06K.
Analysts gave the Aveanna Healthcare Holdings Inc (AVAH) stock a consensus recommendation rating of Strong Buy, calculated at a mean rating of 3.25. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 1 recommended AVAH as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Aveanna Healthcare Holdings Inc’s EPS for the current quarter is expected to be -0.01.
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Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) trade information
Instantly AVAH was in green as seen at the end of in last trading. With action -4.41%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 94.03%, with the 5-day performance at -4.41% in the red. However, in the 30-day time frame, Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) is -4.94% down. Looking at the short shares, we see there were 1.0 million shares sold at short interest cover period of 3.1 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need a downside of -4.0% from its current market value. According to analyst projections, AVAH’s forecast low is 2 with 6 as the target high. To hit the forecast high, the stock’s price needs a -15.38% plunge from its current level, while the stock would need to tank 61.54% for it to hit the projected low.
Aveanna Healthcare Holdings Inc (AVAH) estimates and forecasts
Data shows that the Aveanna Healthcare Holdings Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 99.23% over the past 6 months, a 72.73% in annual growth rate that is considerably higher than the industry average of 19.40%. Year-over-year growth is forecast to reach 5.20% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 496.02M. 7 analysts are of the opinion that Aveanna Healthcare Holdings Inc’s revenue for the current quarter will be 502.6M. The company’s revenue for the corresponding quarters a year ago was 478.01M and 478.84M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.80%. The estimates for the next quarter sales put growth at 5.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -22.80%. The 2024 estimates are for Aveanna Healthcare Holdings Inc earnings to increase by 74.36%, but the outlook for the next 5-year period is at 6.23% per year.
AVAH Dividends
Aveanna Healthcare Holdings Inc is expected to release its next quarterly earnings report in November.
Aveanna Healthcare Holdings Inc (NASDAQ:AVAH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.80% of Aveanna Healthcare Holdings Inc shares while 88.26% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 93.70%. There are 88.26% institutions holding the Aveanna Healthcare Holdings Inc stock share, with BAIN CAPITAL INVESTORS LLC the top institutional holder. As of 2024-06-30, the company held 42.4472% of the shares, roughly 81.6 million AVAH shares worth $225.22 million.
J.H. WHITNEY EQUITY PARTNERS VII, LLC holds the second largest percentage of outstanding shares, with 25.3098% or 48.66 million shares worth $134.29 million as of 2024-06-30.
