 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Addus HomeCare Corporation (ADUS) provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States.
It operates in three segments: Personal Care, Hospice, and Home Health.
The Personal Care segment provides non-medical assistance with activities of daily living. Its services include assistance with bathing, grooming, oral care, assistance with feeding and dressing, medication reminders, meal planning and preparation, housekeeping, and transportation services.
The Hospice segment provides palliative nursing care, social work, spiritual counseling, homemaker, and bereavement counseling services for people who are terminally ill, as well as for their families.
The Home Health segment offers skilled nursing and physical, occupational, and speech therapy for the individuals who requires assistance during an illness or after surgery.
The company's payor clients include federal, state, and local governmental agencies; managed care organizations; commercial insurers; and private individuals. As of December 31, 2018, the company served consumers through 156 offices located in 24 states.
Please note, this is a low-volume trading stock. Please use a Limit Order.
The company is presenting in Jefferies Virtual Healthcare Conference on Wednesday, June 3rd, and we think this should be a catalyst for shares to move higher.
Entry point: $98.50
52-week trade range: $43.13 - $104.56
Stop/Loss: $93.50
Target Price: $108.35
Taking profits at $105.50.
