Addus Homecare Stock Beta

ADUS Stock

USD 121.29 3.12 2.51%

Addus HomeCare fundamentals help investors to digest information that contributes to Addus HomeCare's financial success or failures. It also enables traders to predict the movement of Addus Stock. The fundamental analysis module provides a way to measure Addus HomeCare's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Addus HomeCare stock.

Short Long Term Debt Total Total Assets

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Addus HomeCare Company Beta Analysis

Addus HomeCare's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Addus HomeCare Beta

1.04

Most of Addus HomeCare's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Addus HomeCare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Addus Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Addus HomeCare is extremely important. It helps to project a fair market value of Addus Stock properly, considering its historical fundamentals such as Beta. Since Addus HomeCare's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Addus HomeCare's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Addus HomeCare's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.19	0.71	0.95	0.46	0.81	0.73	0.99	0.96	0.79	0.76	0.98	0.71	0.84	0.21	0.97	0.99	-0.32	-0.71	0.77	0.26	0.96
Total Stockholder Equity	0.99		0.14	0.65	0.97	0.51	0.73	0.74	0.98	0.92	0.77	0.76	0.98	0.73	0.87	0.16	0.94	0.99	-0.3	-0.74	0.74	0.22	0.95
Current Deferred Revenue	0.19	0.14		0.04	0.05	0.2	0.45	0.47	0.1	0.27	0.52	-0.19	0.09	0.27	-0.2	0.71	0.12	0.17	0.23	-0.26	0.39	0.71	0.1
Net Debt	0.71	0.65	0.04		0.69	-0.11	0.7	0.19	0.78	0.79	0.29	0.79	0.72	0.25	0.74	-0.22	0.86	0.64	-0.31	-0.2	0.5	-0.15	0.76
Retained Earnings	0.95	0.97	0.05	0.69		0.34	0.63	0.62	0.97	0.86	0.63	0.85	0.95	0.67	0.94	-0.03	0.94	0.92	-0.25	-0.68	0.66	0.03	0.93
Accounts Payable	0.46	0.51	0.2	-0.11	0.34		0.31	0.71	0.38	0.35	0.63	0.09	0.49	0.46	0.21	0.48	0.27	0.59	-0.21	-0.54	0.46	0.53	0.45
Long Term Debt	0.81	0.73	0.45	0.7	0.63	0.31		0.64	0.76	0.91	0.82	0.43	0.74	0.54	0.45	0.49	0.81	0.76	-0.39	-0.52	0.75	0.47	0.75
Net Receivables	0.73	0.74	0.47	0.19	0.62	0.71	0.64		0.63	0.67	0.92	0.23	0.67	0.8	0.4	0.6	0.57	0.75	-0.32	-0.81	0.61	0.56	0.62
Good Will	0.99	0.98	0.1	0.78	0.97	0.38	0.76	0.63		0.95	0.69	0.83	0.98	0.66	0.91	0.06	0.98	0.97	-0.3	-0.65	0.72	0.12	0.97
Total Liab	0.96	0.92	0.27	0.79	0.86	0.35	0.91	0.67	0.95		0.79	0.7	0.93	0.63	0.74	0.29	0.97	0.93	-0.35	-0.61	0.79	0.32	0.92
Total Current Assets	0.79	0.77	0.52	0.29	0.63	0.63	0.82	0.92	0.69	0.79		0.25	0.71	0.77	0.37	0.72	0.66	0.79	-0.31	-0.77	0.73	0.68	0.67
Short Term Debt	0.76	0.76	-0.19	0.79	0.85	0.09	0.43	0.23	0.83	0.7	0.25		0.81	0.38	0.9	-0.33	0.83	0.73	-0.26	-0.33	0.61	-0.27	0.84
Intangible Assets	0.98	0.98	0.09	0.72	0.95	0.49	0.74	0.67	0.98	0.93	0.71	0.81		0.62	0.87	0.12	0.95	0.98	-0.34	-0.67	0.76	0.18	0.97
Common Stock	0.71	0.73	0.27	0.25	0.67	0.46	0.54	0.8	0.66	0.63	0.77	0.38	0.62		0.51	0.34	0.61	0.69	-0.11	-0.66	0.59	0.23	0.67
Property Plant Equipment	0.84	0.87	-0.2	0.74	0.94	0.21	0.45	0.4	0.91	0.74	0.37	0.9	0.87	0.51		-0.34	0.87	0.81	-0.21	-0.51	0.46	-0.25	0.87
Net Tangible Assets	0.21	0.16	0.71	-0.22	-0.03	0.48	0.49	0.6	0.06	0.29	0.72	-0.33	0.12	0.34	-0.34		0.06	0.24	-0.07	-0.41	0.49	0.9	0.07
Long Term Debt Total	0.97	0.94	0.12	0.86	0.94	0.27	0.81	0.57	0.98	0.97	0.66	0.83	0.95	0.61	0.87	0.06		0.93	-0.36	-0.56	0.73	0.12	0.95
Capital Surpluse	0.99	0.99	0.17	0.64	0.92	0.59	0.76	0.75	0.97	0.93	0.79	0.73	0.98	0.69	0.81	0.24	0.93		-0.34	-0.73	0.78	0.31	0.95
Deferred Long Term Liab	-0.32	-0.3	0.23	-0.31	-0.25	-0.21	-0.39	-0.32	-0.3	-0.35	-0.31	-0.26	-0.34	-0.11	-0.21	-0.07	-0.36	-0.34		0.1	-0.26	-0.14	-0.29
Short Long Term Debt	-0.71	-0.74	-0.26	-0.2	-0.68	-0.54	-0.52	-0.81	-0.65	-0.61	-0.77	-0.33	-0.67	-0.66	-0.51	-0.41	-0.56	-0.73	0.1		-0.56	-0.37	-0.61
Net Invested Capital	0.77	0.74	0.39	0.5	0.66	0.46	0.75	0.61	0.72	0.79	0.73	0.61	0.76	0.59	0.46	0.49	0.73	0.78	-0.26	-0.56		0.43	0.81
Net Working Capital	0.26	0.22	0.71	-0.15	0.03	0.53	0.47	0.56	0.12	0.32	0.68	-0.27	0.18	0.23	-0.25	0.9	0.12	0.31	-0.14	-0.37	0.43		0.09
Capital Stock	0.96	0.95	0.1	0.76	0.93	0.45	0.75	0.62	0.97	0.92	0.67	0.84	0.97	0.67	0.87	0.07	0.95	0.95	-0.29	-0.61	0.81	0.09

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Addus HomeCare

In accordance with the recently published financial statements, Addus HomeCare has a Beta of 1.044. This is 21.4% higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.

Addus Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Addus HomeCare's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Addus HomeCare could also be used in its relative valuation, which is a method of valuing Addus HomeCare by comparing valuation metrics of similar companies.

Addus HomeCare is currently under evaluation in beta category among its peers.

Addus HomeCare ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Addus HomeCare's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Addus HomeCare's managers, analysts, and investors.

Environmental

Governance

Social

Addus HomeCare Institutional Holders

Institutional Holdings refers to the ownership stake in Addus HomeCare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Addus HomeCare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Addus HomeCare's value.

		Shares
Amvescap Plc.	2024-06-30	329.3 K
Millennium Management Llc	2024-06-30	316.4 K
Timessquare Capital Management, Llc	2024-09-30	276.9 K
Northern Trust Corp	2024-09-30	276.8 K
T. Rowe Price Associates, Inc.	2024-06-30	231.3 K
Charles Schwab Investment Management Inc	2024-09-30	227.2 K
Tributary Capital Management, Llc	2024-06-30	208.4 K
Summit Creek Advisors Llc	2024-09-30	207.9 K
Jpmorgan Chase & Co	2024-06-30	166.2 K
Blackrock Inc	2024-06-30	2.9 M
Vanguard Group Inc	2024-09-30	1.4 M

Addus HomeCare returns are very sensitive to returns on the market. As the market goes up or down, Addus HomeCare is expected to follow.

Addus Fundamentals

	Return On Equity	0.0903
	Return On Asset	0.0627
	Profit Margin	0.07 %
	Operating Margin	0.09 %
	Current Valuation	2.03 B
	Shares Outstanding	18.13 M
	Shares Owned By Insiders	2.09 %
	Shares Owned By Institutions	98.25 %
	Number Of Shares Shorted	453.16 K
	Price To Earning	51.96 X
	Price To Book	2.32 X
	Price To Sales	1.94 X
	Revenue	1.06 B
	Gross Profit	299.74 M
	EBITDA	106.56 M
	Net Income	62.52 M
	Cash And Equivalents	120.92 M
	Cash Per Share	7.59 X
	Total Debt	175.18 M
	Debt To Equity	0.41 %
	Current Ratio	2.00 X
	Book Value Per Share	52.85 X
	Cash Flow From Operations	112.25 M
	Short Ratio	3.48 X
	Earnings Per Share	4.37 X
	Price To Earnings To Growth	1.33 X
	Target Price	136.6
	Number Of Employees	6.06 K
	Beta	1.04
	Market Capitalization	2.2 B
	Total Asset	1.02 B
	Retained Earnings	302.83 M
	Working Capital	54.89 M
	Current Asset	102.56 M
	Current Liabilities	42.19 M
	Net Asset	1.02 B

About Addus HomeCare Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Addus HomeCare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Addus HomeCare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Addus HomeCare based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Addus Stock Analysis

When running Addus HomeCare's price analysis, check to measure Addus HomeCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.

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