Chemed Corp which can be found using ticker (CHE) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 590 and 560 suggesting an average Analsyt target price of $579.00. Given that the stocks previous close was at $561.99 this is indicating there is a potential upside of 3.0%. Also worth taking note is the 50 day moving average now sits at $522.89 and the 200 moving average now moves to $495.29. The total market capitalization for the company now stands at $8,337m. You can visit the company’s website by visiting: https://www.chemed.com
The potential market cap would be $8,589m based on the market consensus.
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 two segments, VITAS and Roto-Rooter. 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.
The company has a dividend yield of 0.27% with the ex dividend date set at 24-2-2023 (DMY).
Other points of data to note are a P/E ratio of 33.64, revenue per share of 143.01 and a 15.58% return on assets.
