Chemed Corp Stock Today

CHE Stock  USD 563.28  10.41  1.88%   

Performance

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Odds Of Distress

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Chemed Corp is trading at 563.28 as of the 22nd of November 2024, a 1.88% increase since the beginning of the trading day. The stock's lowest day price was 551.03. Chemed Corp has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Chemed Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
3rd of May 1973
Category
Healthcare
Classification
Health Care
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 was incorporated in 1970 and is headquartered in Cincinnati, Ohio. The company has 14.98 M outstanding shares of which 259.08 K shares are currently shorted by investors with about 2.88 days to cover. More on Chemed Corp

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Chemed Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOKevin McNamara
Thematic IdeaHealthcare (View all Themes)
Old Names[Cherkizovo Group GDR, China Huarong Asset Management Co. Ltd]
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP Midcap 400, Healthcare, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.160.1548
Sufficiently Up
Slightly volatile
Asset Turnover1.11.286
Fairly Down
Slightly volatile
Gross Profit Margin0.410.3259
Significantly Up
Very volatile
Total Current Liabilities167.5 M312.1 M
Way Down
Slightly volatile
Non Current Liabilities Total197.1 M340.9 M
Way Down
Slightly volatile
Total Assets1.8 B1.8 B
Sufficiently Up
Slightly volatile
Total Current Assets525.9 M500.8 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities346.8 M330.3 M
Sufficiently Up
Slightly volatile
Debt Levels
Chemed Corp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Chemed Corp's financial leverage. It provides some insight into what part of Chemed Corp's total assets is financed by creditors.
Liquidity
Chemed Corp has 155.11 M in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Chemed Corp has a current ratio of 0.7, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Chemed to invest in growth at high rates of return.

Change To Inventory

(1.65 Million)
Chemed Corp (CHE) is traded on New York Stock Exchange in USA. It is located in 255 East Fifth Street, Cincinnati, OH, United States, 45202-4726 and employs 15,087 people. Chemed Corp is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.28 B. Chemed Corp runs under Health Care Providers & Services sector within Health Care industry. The entity has 14.98 M outstanding shares of which 259.08 K shares are currently shorted by investors with about 2.88 days to cover. Chemed Corp has about 74.13 M in cash with 330.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65.
Check Chemed Corp Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Chemed Corp is $8.28 Billion. The majority of Chemed Corp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Chemed Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Chemed Corp. Please pay attention to any change in the institutional holdings of Chemed Corp as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Chemed Ownership Details

Chemed Stock Institutional Holders

InstituionRecorded OnShares
Jpmorgan Chase & Co2024-06-30
271.3 K
Fmr Inc2024-09-30
238.6 K
Td Global Investment Solutions – Td Epoch2024-06-30
223.1 K
Btim Corp2024-09-30
220.1 K
Massachusetts Financial Services Company2024-09-30
200.7 K
Amvescap Plc.2024-06-30
186.3 K
Dimensional Fund Advisors, Inc.2024-09-30
180.7 K
Northern Trust Corp2024-09-30
174.8 K
Norges Bank2024-06-30
174.7 K
Vanguard Group Inc2024-09-30
1.7 M
Blackrock Inc2024-06-30
1.4 M
View Chemed Corp Diagnostics

Chemed Corp Historical Income Statement

At present, Chemed Corp's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.4 B, whereas Gross Profit is forecasted to decline to about 370.4 M. View More Fundamentals

Chemed Stock Against Markets

Chemed Corp Corporate Directors

Andrea LindellIndependent DirectorProfile
Thomas RiceIndependent DirectorProfile
Joel GemunderIndependent DirectorProfile
Patrick GraceIndependent DirectorProfile
When determining whether Chemed Corp is a strong investment it is important to analyze Chemed Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemed Corp's future performance. For an informed investment choice regarding Chemed Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemed Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemed Corp. If investors know Chemed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemed Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.014
Dividend Share
1.7
Earnings Share
20.01
Revenue Per Share
157.577
Quarterly Revenue Growth
0.074
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.