에 대한 최신 뉴스 Chemed (NYSE:CHE) 주식

Chemed

Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.

Chemed Corp

CHENGHE ACQUISITION CO L A

CHINA EASTN AIRL LTD H by China Eastern Airlines Corp. Ltd.

China Eastern Airlines Corp Ltd

CHENGHE ACQUISITION CO UNIT 1 CL A & 1/2 WT EXP

Chenghe Acquisition II Co. Class A Ordinary Shares

Chenghe Acquisition II Co

Chenghe Acquisition II Co. Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Chenghe Acquisition II Co. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50

The Chefs' Warehouse, Inc. - Common Stock

The Chefs' Warehouse Inc

Check-Cap Ltd

CHAMPION ELEC METALS INC by CHAMPION ELEC METALS INC.

Champion Electric Metals Inc

Cochlear Ltd

Tranchess

CHARGING ROBOTICS INC by Charging Robotics Inc.

Charging Robotics Inc

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/10/01/final-trades-exxon-chemed-las-vegas-sands-and-the-ieo.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management picked iShares U.S. Oil &amp; Gas Exploration &amp; Production ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEO#NYSE">IEO</a>) saying oil stocks are his hedge against <a href="https://www.benzinga.com/news/global/24/10/41126038/iran-attacks-israel-with-missiles-middle-east-tensions-escalates-s-p-500-stocks-bitcoin-fall-as-oil">escalating conflict with Iran</a>.
Jim Lebenthal of Cerity Partners said Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is having a great year and is 3% away from its all-time high.
Exxon Mobil&#8217;s asset sale deal with Seplat Energy in Nigeria could be approved soon. On Tuesday, Nigeria's President, Bola Ahmed Tinubu, said, "As such, the ExxonMobil Seplat divestment will receive ministerial approval in a matter of days, having been concluded by the regulator, NUPRC, in line with the <a href="https://www.benzinga.com/markets/equities/24/10/41120426/exxonmobils-1-28b-nigerian-asset-sale-deal-nears-completion">Petroleum Industry Act, PIA."</a> 
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Kari Firestone of Aureus Asset Management named Chemed Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) as her final trade.
Chemed will release financial results for the third quarter ended Sept. 30 on Tuesday, Oct. 29, after the closing bell on the New York Stock Exchange.
Stephanie Link of Hightower picked Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>), a China play.
On Oct. 1, Wells Fargo analyst Daniel Politzer maintained Las Vegas Sands with an Overweight rating and raised the price target from $53 to $60.
Price Action:
<ul>
<li>iShares U.S. Oil &amp; Gas Exploration &amp; Production ETF gained 2.2% during Tuesday's session.</li>
<li>Exxon Mobil shares gained 2.3% to settle at $119.93 on Tuesday.</li>
<li>Chemed shares fell 1.4% to close at $592.79 during Tuesday's session.</li>
<li>Las Vegas Sands shares gained 3% to close at $51.83 on Tuesday.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/09/41102060/jim-cramer-hand-picks-these-3-stocks-to-ride-the-crest-of-the-chinese-stimulus-frenzy">Jim Cramer Hand Picks These 3 Stocks To Ride The Crest Of The Chinese Stimulus Frenzy</a></li>
</ul>
Image: Shutterstock

Long Ideas

News

Markets

Media

Trading Ideas

iShares Dow Jones US Oil & Gas Exploration & Production Index Fund

Exxon Mobil, Chemed, Las Vegas Sands And More On CNBC's 'Final Trades'

Analyst Ratings

CNBC Halftime Report Final Trades: Exxon Mobil, Chemed, Las Vegas Sands, iShares U.S. Oil & Gas Exploration & Production ETF

Investors interested in Medical - Outpatient and Home Healthcare stocks are likely familiar with Amedisys (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amed#NASDAQ">AMED</a>) and Chemed (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/che#NYSE">CHE</a>). But which of these two stocks presents investors with the better value opportunity right now? Let&#39;s take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Amedisys and Chemed are sporting Zacks Ranks of #2 (Buy) and #3 (Hold), respectively, right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that AMED has an improving earnings outlook. But this is only part of the picture for value investors.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
AMED currently has a forward P/E ratio of 20.73, while CHE has a forward P/E of 25.41. We also note that AMED has a PEG ratio of 1.89. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company&#39;s expected earnings growth rate. CHE currently has a PEG ratio of 2.26.
Another notable valuation metric for AMED is its P/B ratio of 2.68. Investors use the P/B ratio to look at a stock&#39;s market value versus its book value, which is defined as total assets minus total liabilities. By comparison, CHE has a P/B of 7.47.
These metrics, and several others, help AMED earn a Value grade of B, while CHE has been given a Value grade of C.
AMED stands above CHE thanks to its solid earnings outlook, and based on these valuation figures, we also feel that AMED is the superior value option right now.
<a href="https://www.zacks.com/stock/news/2343525/amed-or-che-which-is-the-better-value-stock-right-now?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_3-2343525">To read this article on Zacks.com click here.</a>

Health Care

General

AMED

AMED Or CHE: Which Is The Better Value Stock Right Now?

In a new SEC filing on September 6, it was revealed that Westfall, Executive Vice President at Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>), executed a significant exercise of company stock options.
What Happened: Westfall, Executive Vice President at Chemed, made a strategic move by exercising stock options for 15,333 shares of CHE as detailed in a Form 4 filing on Friday with the <a href="https://www.sec.gov/Archives/edgar/data/0000019584/000095017024104251//Archives/edgar/data/19584/000095017024104251/0000950170-24-104251-index.htm">U.S. Securities and Exchange Commission</a>. The transaction value amounted to $1,564,885.
The latest update on Friday morning shows Chemed shares down by 0.0%, trading at $573.8. At this price, Westfall's 15,333 shares are worth $1,564,885.
<h3>About Chemed</h3>
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
<h3>Financial Insights: Chemed</h3>
Revenue Growth: Chemed's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 7.6%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 34.59%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 4.7, Chemed showcases strong earnings per share.
</li>
</ul>
Debt Management: Chemed's debt-to-equity ratio is below the industry average. With a ratio of 0.12, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 29.08, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.75 is above industry norms, reflecting an elevated valuation for Chemed's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 18.9, Chemed's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Transaction Codes Worth Your Attention</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000019584">Check Out The Full List Of Chemed's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Major Exercise Alert: Nicholas M. Westfall Exercises Options Worth $1.56M At Chemed

Chemed's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) short percent of float has fallen 14.22% since its last report. The company recently reported that it has 249 thousand shares sold short, which is 1.93% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.2 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Chemed Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724874323_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Chemed has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Chemed's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Chemed's peer group average for short interest as a percentage of float is 9.45%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Looking Into Chemed's Recent Short Interest

Disclosed on August 1, Nicholas M. Westfall, Executive Vice President at Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000019584/000095017024089186//Archives/edgar/data/19584/000095017024089186/0000950170-24-089186-index.htm">U.S. Securities and Exchange Commission</a> on Thursday outlined that Westfall executed a sale of 2,000 shares of Chemed with a total value of $1,123,160.
Tracking the Friday's morning session, Chemed shares are trading at $588.44, showing a down of 0.0%.
<h3>About Chemed</h3>
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
<h3>Financial Milestones: Chemed's Journey</h3>
Revenue Growth: Over the 3 months period, Chemed showcased positive performance, achieving a revenue growth rate of 7.6% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Health Care sector, the company excelled with a growth rate higher than the average among peers.
Exploring Profitability:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 34.59%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Chemed's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 4.7.
</li>
</ul>
Debt Management: Chemed's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.12.
In-Depth Valuation Examination:
<ul>
<li>
Price to Earnings (P/E) Ratio: Chemed's P/E ratio of 29.82 is below the industry average, suggesting the stock may be undervalued.
</li>
<li>
Price to Sales (P/S) Ratio: The current P/S ratio of 3.85 is above industry norms, reflecting an elevated valuation for Chemed's stock and potential overvaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 19.38 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Transaction Codes To Focus On</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000019584">Check Out The Full List Of Chemed's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Chemed Executive Vice President Trades Company's Stock

On August 1, it was revealed in an SEC filing that Michael D Witzeman, VP &amp; Chief Financial Officer at Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) executed a significant exercise of company stock options.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0000019584/000095017024089202//Archives/edgar/data/19584/000095017024089202/0000950170-24-089202-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Witzeman, VP &amp; Chief Financial Officer at Chemed, a company in the Health Care sector, just exercised stock options worth 7,948 shares of CHE stock with an exercise price of $471.74.
During Friday's morning session, Chemed shares down by 0.0%, currently priced at $588.44. Considering the current price, Witzeman's 7,948 shares have a total value of $927,531.
<h3>Unveiling the Story Behind Chemed</h3>
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
<h3>Financial Insights: Chemed</h3>
Revenue Growth: Chemed's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 7.6%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: With a high gross margin of 34.59%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): Chemed's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 4.7.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 0.12, Chemed adopts a prudent financial strategy, indicating a balanced approach to debt management.
Assessing Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 29.82, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a higher-than-average P/S ratio of 3.85, Chemed's stock is perceived as being overvalued in the market, particularly in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): Chemed's EV/EBITDA ratio at 19.38 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Illuminating the Importance of Insider Transactions</h3>
While insider transactions provide valuable information, they should be part of a broader analysis in making investment decisions.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Deciphering Transaction Codes in Insider Filings</h3>
When analyzing transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000019584">Check Out The Full List Of Chemed's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Activity Update: Michael D Witzeman Executes Options Exercise, Resulting In $927K At Chemed

Nicholas M. Westfall, Executive Vice President at Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>), reported an insider sell on July 31, according to a new SEC filing. 
What Happened: Westfall's recent move involves selling 2,000 shares of Chemed. This information is documented in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000019584/000095017024088299//Archives/edgar/data/19584/000095017024088299/0000950170-24-088299-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday. The total value is $1,123,160.
Tracking the Thursday's morning session, Chemed shares are trading at $579.99, showing a up of 1.72%.
<h3>Delving into Chemed's Background</h3>
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
<h3>Key Indicators: Chemed's Financial Health</h3>
Revenue Growth: Chemed displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 7.6%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Health Care sector.
Insights into Profitability:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 34.59%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Chemed's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 4.7.
</li>
</ul>
Debt Management: Chemed's debt-to-equity ratio is below the industry average at 0.12, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyzing Market Valuation:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 28.9, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.73 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 18.78 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Impact of Insider Transactions on Investments</h3>
Emphasizing the importance of a comprehensive approach, considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock.
While insider sells may not necessarily reflect a bearish view and can be motivated by various factors.
<h3>Important Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000019584">Check Out The Full List Of Chemed's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Decision: Nicholas M. Westfall Offloads $1.12M Worth Of Chemed Stock

Revealing a significant insider sell on July 31, Nicholas M. Westfall, Executive Vice President at Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>), as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000019584/000095017024088299//Archives/edgar/data/19584/000095017024088299/0000950170-24-088299-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, Westfall sold 2,000 shares of Chemed. The total transaction value is $1,123,160.
During Wednesday's morning session, Chemed shares down by 0.13%, currently priced at $565.42.
<h3>Delving into Chemed's Background</h3>
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
<h3>Chemed: Delving into Financials</h3>
Revenue Growth: Chemed's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 7.6%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Health Care sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 34.59%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Chemed's EPS outshines the industry average, indicating a strong bottom-line trend with a current EPS of 4.7.
</li>
</ul>
Debt Management: Chemed's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.12.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 28.69 is lower than the industry average, indicating potential undervaluation for the stock.
</li>
<li>
Price to Sales (P/S) Ratio: With a relatively high Price to Sales ratio of 3.7 as compared to the industry average, the stock might be considered overvalued based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 18.64 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>The Importance of Insider Transactions</h3>
Insider transactions, although significant, should be considered within the larger context of market analysis and trends.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>The Insider's Guide to Important Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000019584">Check Out The Full List Of Chemed's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Chemed Recent Insider Activity

Upward Revision to Guidance for 2024
VITAS 2024 revenue, prior to Medicare Cap, is estimated to increase 16.3% to 17.3% when compared to 2023. ADC is estimated to increase 13.3% to 14.4%. Full year adjusted EBITDA margin, prior to Medicare Cap, is estimated to be 19.3% to 19.7%. We are currently estimating $8.5 million in Medicare Cap billing limitations in calendar 2024. The cost of the retention program negatively impacted VITAS' 2023 full year adjusted EBITDA by 159 basis points.
Covenant Health is estimated to contribute approximately $30 million to $32 million of revenue to VITAS' full year revenue. There is no estimated Medicare Cap billing limitation expected related to Covenant Health. This translates into adjusted net income attributable to Covenant Health of $5.5 million to $6.0 million and adjusted EBITDA of $8.0 million to $8.5 million.
Roto-Rooter is forecasted to have a 4.0% to 5.0% revenue decline in 2024 compared to 2023. Roto-Rooter's adjusted EBITDA margin for 2024 is expected to be 26.5% to 27.0%.
Based on the above, full-year 2024 earnings per diluted share, excluding non-cash expense for stock options, tax benefits from stock option exercises, costs related to litigation and other discrete items, is estimated to be in the range of $23.55 to $23.80. This guidance assumes an effective corporate tax rate on adjusted earnings of 24.3% and a diluted share count of 15.25 million shares. Chemed's previously issued 2024 guidance range was $23.30 to $23.70. Chemed's 2023 reported adjusted earnings per diluted share was $20.30.

Guidance

Chemed Raises FY24 EPS From $23.30-$23.70 To $23.55-$23.80 Vs $23.21 Est.

Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) reported quarterly earnings of $5.47 per share which missed the analyst consensus estimate of $5.59 by 2.15 percent. This is a 34.07 percent increase over earnings of $4.08 per share from the same period last year. The company reported quarterly sales of $595.88 million which missed the analyst consensus estimate of $599.19 million by 0.55 percent. This is a 7.60 percent increase over sales of $553.82 million the same period last year.

Earnings

Earnings Misses

Chemed Q2 Adj $5.47 Misses $5.59 Estimate, Sales $595.88M Miss $599.19M Estimate

Chemed's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) short percent of float has risen 11.16% since its last report. The company recently reported that it has 312 thousand shares sold short, which is 2.39% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.89 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Chemed Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721155515_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Chemed has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Chemed's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Chemed's peer group average for short interest as a percentage of float is 10.31%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About Chemed?

Chemed Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/che#NYSE">CHE</a>)&nbsp;is primed to grow in the upcoming quarters, backed by the promising prospects of the VITAS business. The company is set to capitalize on the positive trends of the global Hospice industry. Moreover, sound financial stability appears encouraging. However, the uncertainty of the macroeconomic challenges and competitive pressure remain our concerns for Chemed&#39;s operations.
In the past year, this Zacks Rank #3 (Hold) stock has dropped 2.2% in value against the 11.5% rise of the industry&nbsp;and the 25% growth of the S&amp;P 500 composite.
The renowned hospice care provider has a market capitalization of $8.14 billion. Chemed projects an estimated earnings growth rate of 17.6% in the second quarter of 2024, driven by an 8.9% increase in revenues. In the trailing four quarters, the company delivered an average earnings surprise of 0.33%.
Let&#39;s delve deeper.
<h3>Upsides</h3>
VITAS&#39; Bright Growth Prospects: The segment&#39;s accelerated improvement post-pandemic has been encouraging. The increased growth in licensed healthcare professionals, strong admissions and corresponding growth in the patient census have returned VITAS to normalized operating conditions. In the first quarter of 2024, the year-over-year increase in business revenues was primarily driven by a 2.6 % rise in the geographically weighted average Medicare reimbursement rate and an 11.5% increase in days of care.
Furthermore, VITAS&#39; improving operating metrics are a direct result of its retention and hiring program launched in July 2022. Over the last six quarters, VITAS has generated quarterly sequential ADC (Average Daily Census) growth, increasing by 10.3% year over year in the first quarter. The business also increased its net bedside headcount by 173 licensed professionals, which outpaced its projections.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/79/71429.jpg?v=77839626" />
Image Source: Zacks Investment Research
Favorable Hospice Industry Trends:&nbsp; Within the Hospice segment, we believe that Chemed is well-poised to register growth, driven by the growing aging population. As people age, the prevalence of chronic and life-limiting illnesses, such as cancer, heart disease and dementia, also increases. This demographic trend drives the hospice market, creating a greater demand for end-of-life care and supportive services.
Further, growing long-term care services for chronic diseases worldwide, such as COPD and heart failure, are likely to boost companies&#39; growth within the industry. According to a report by Market Data Forecast, the global hospice market is estimated to witness a CAGR of 9.1% between 2023 and 2028.
Strong Solvency and Capital Structure:&nbsp;At the end of the first quarter, Chemed reported cash and cash equivalents of $313.4 million and no current and long-term debt on the balance sheet. This indicates a robust financial position, with the company holding substantial cash in case of an economic downturn.
During the quarter, Chemed also repurchased 50,000 shares of its stock for $32.3 million, which equates to a cost per share of $646.87. As of Mar 31, 2024, there was approximately $281.7 million of remaining share repurchase authorization under its plan. Moreover, the company has a solid track record of dividend payments, with a five-year annualized dividend growth being 5.87%.
<h3>Downsides</h3>
Macroeconomics Headwinds Weighing on Margins: Chemed has been grappling with macroeconomic challenges like the inflationary trend, increased logistics costs and higher employee-related expenses, which are affecting its margin performance. In the first quarter of 2024, the company&#39;s cost of products and services went up by 3.9% from the 2023 comparable period. Added to this, selling, general &amp; administration expenses rose by 15.8% in the same time frame.
Seasonality of the Business Weighs on the Stock: The seasonal dynamics of Chemed&#39;s VITAS operations can lead to a fluctuating financial performance, particularly in Florida, where most of the retiree Medicare recipients relocate during the winter months. This generally resulted in higher admissions and revenues concentrated only within Florida during that period. Moreover, Roto-Rooter&#39;s revenues and operating results are also impacted by significant weather patterns across the United States.
<h3>Estimate Trend</h3>
The Zacks Consensus Estimate for Chemed&#39;s 2024 earnings per share has remained constant at $23.20 in the past 30 days.
The Zacks Consensus Estimate for the company&#39;s 2024 revenues is pegged at $2.44 billion. This suggests a 7.95% rise from the year-ago reported number.
<h3>Key Picks</h3>
Some better-ranked stocks in the broader medical space are Hims &amp; Hers Health (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hims#NYSE">HIMS</a>), Haemonetics (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hae#NYSE">HAE</a>) and Globus Medical (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gmed#NYSE">GMED</a>).
Hims &amp; Hers Health&#39;s earnings are expected to surge 281.8% in 2024 compared with the industry&#39;s 18.8% growth. HIMS&#39; earnings surpassed estimates in three of the trailing four quarters and missed in one, delivering an average surprise of 79.2%. Its shares have surged 151% against the industry&#39;s 26% decline in the past year.
HIMS sports a Zacks Rank #1 (Strong Buy) at present.
Haemonetics, carrying a Zacks Rank #2 (Buy) at present, has an estimated fiscal 2025 earnings growth rate of 15.4% compared with the industry&#39;s 12.7%. Shares of HAE have increased 2.1% against the industry&#39;s 0.8% fall over the past year.
HAE&#39;s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 13.2%. In the last reported quarter, it delivered an earnings surprise of 2.3%.
Globus Medical, carrying a Zacks Rank #2 at present, has an estimated 2024 earnings growth rate of 21.6% compared with the industry&#39;s 11.1%. Shares of GMED have rallied 15.6% against the industry&#39;s 0.4% fall over the past year.
GMED&#39;s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 10.8%. In the last reported quarter, it delivered an earnings surprise of 30.9%.
<a href="https://www.zacks.com/stock/news/2302369/should-you-keep-chemed-che-stock-in-your-portfolio-now?cid=CS-BENZ-FT-analyst_blog|rank_focused-2302369">To read this article on Zacks.com click here.</a>

GMED

Hims & Hers Health, Inc. Class A Common Stock

HIMS

Should You Keep Chemed Stock in Your Portfolio Now?

Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) has outperformed the market over the past 15 years by 6.44% on an annualized basis producing an average annual return of 18.98%. Currently, Chemed has a market capitalization of $8.11 billion. 
Buying $1000 In CHE: If an investor had bought $1000 of CHE stock 15 years ago, it would be worth $13,515.05 today based on a price of $537.87 for CHE at the time of writing.
<h3>Chemed's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721062835_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 15 Years Ago Would Be Worth $14,000 Today

Chemed's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) short percent of float has risen 15.52% since its last report. The company recently reported that it has 350 thousand shares sold short, which is 2.68% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.75 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Chemed Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1718289911_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Chemed has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Chemed's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Chemed's peer group average for short interest as a percentage of float is 10.76%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(CHE) - Analyzing Chemed's Short Interest

RBC Capital analyst Ben Hendrix maintains Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) with a Outperform and lowers the price target from $712 to $697.

Price Target

RBC Capital Maintains Outperform on Chemed, Lowers Price Target to $697

Chemed's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) short percent of float has fallen 4.97% since its last report. The company recently reported that it has 451 thousand shares sold short, which is 3.44% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.59 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Chemed Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714665619_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Chemed has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Chemed's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Chemed's peer group average for short interest as a percentage of float is 10.10%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Chemed's Recent Short Interest

WIIM

Chemed shares are trading lower after the company reported worse-than-expected Q1 financial results.

Guidance for 2024
Management reiterates its estimated full-year 2024 earnings per diluted share, excluding: non-cash expense for stock options, tax benefits from stock option exercises, costs related to litigation, and other discrete items, guidance range of $23.30 to $23.70. Management anticipates providing updated 2024 earnings guidance and related subsidiary operating metrics as part of the June 30, 2024 earnings press release.

Chemed Sees FY24 EPS $23.30-$23.70 Vs $23.52 Est.

Chemed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHE#NYSE">CHE</a>) reported quarterly earnings of $5.20 per share which missed the analyst consensus estimate of $5.48 by 5.11 percent. This is a 7.88 percent increase over earnings of $4.82 per share from the same period last year. The company reported quarterly sales of $589.23 million which missed the analyst consensus estimate of $591.46 million by 0.38 percent. This is a 5.19 percent increase over sales of $560.16 million the same period last year.

Chemed Q1 Adj $5.20 Misses $5.48 Estimate, Sales $589.23M Miss $591.46M Estimate

Chemed raises dividend by 25% to $0.50

Dividend Champion, Contender, And Challenger Highlights: Week Of August 4

LRT Capital Management July 2024 Investor Update

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Morningstar.com published an interesting piece in July about the long-term health care crisis. It pointed out that Americans paid out <a href="https://www.morningstar.com/retirement/hidden-crisis-long-term-care">$245 billion</a> for long term care to paid caregivers, nursing homes and other forms of paid assistance. That got me thinking about long-term care stocks.&nbsp;



There are businesses providing this care both in the home and at nursing homes across the country. The really good operators make money despite the thin margins.&nbsp;



If you are far from needing long-term investing time, consider making some investments in long-term care stocks to generate some capital gains down the road to help pay for this care.&nbsp;



As I said, there are stocks to buy to benefit from the ongoing need for long-term care in this country.&nbsp;Here are three that are excellent stocks to own for the long haul.&nbsp;



<h2>Welltower (WELL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/well1600-300x169.jpg" alt="WellTower (WELL) logo displayed on a website and magnified"><div>Source: Shutterstock</div></div>Welltower (NYSE:<a href="https://investorplace.com/stock-quotes/well-stock-quote/">WELL</a>) is a real estate investment trust, or REIT, that provides <a href="https://welltower.com/about-us/">real estate capital</a> to seniors housing operators, post-acute care providers and health systems in the the U.S., Canada and the United Kingdom.



In 2023, it generated <a href="https://welltower.gcs-web.com/static-files/952a194b-1dd4-4cb6-84ff-fc4088da3622">85%</a> of its net operating income in various regions in the U.S., followed by 9% in the U.K. and 6% in Canada. Seniors housing accounted for 42% of its NOI, followed by triple-net facilities &mdash; tenant pays all operating costs &mdash; at 38%, and outpatient medical facilities at 20%.&nbsp;



At the end of July, it provided investors with a business update. It highlighted that one of the main themes of the next <a href="https://welltower.com/wp-content/uploads/2024/07/Business-Update-2Q24.pdf">10 years or more</a> will be the aging of the population and the impact REITs will have on the health care sector.



For 2024, Welltower expects its occupancy to increase occupancy rate increase by 290 basis points. In the three months ended June 30, its occupancy rate was <a href="https://welltower.gcs-web.com/static-files/fc09a41b-f38e-424e-a507-c420bae51dfb">82.8%</a>, 320 basis points higher than a year earlier. It was up 30 basis points from the end of March. Its same-store NOI for its seniors housing grew <a href="https://welltower.com/investors/press-release-details/?id=27056">21.7%</a> in the second quarter.



Since the beginning of 2024, it has either closed on or agreed to $4.9 billion in acquisitions and loan funding.&nbsp;



It has a healthy dividend yield of 2.32%. Its shares are up over 28% year-to-date.



<h2>Chemed (CHE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/healthcare1600b-300x169.jpg" alt="a doctor looks at a tablet. Healthcare stocks to avoid"><div>Source: Shutterstock</div></div>Chemed (NYSE:<a href="https://investorplace.com/stock-quotes/che-stock-quote/">CHE</a>) is the second-largest of the three long-term care stocks with a market capitalization of $8.69 billion.



In February, I wrote about the company being a top pick of Durable Capital Partners Chief Investment Officer Henry Ellenbogen. As I said at the time, I&rsquo;m always attracted to companies that are different.&nbsp;



You can&rsquo;t get much different than Chemed, which gemerates <a href="https://investorplace.com/2024/02/barrons-best-bets-3-under-the-radar-stock-picks-for-your-buy-list/">60%</a> of its revenue from Vitas, one of the leading hospice care providers in the U.S.



While it&rsquo;s not a long-term care provider per se, it is on the aging continuum, which is why I&rsquo;ve selected it. The remaining 40% is from Roto-Rooter, provider of plumbing, drain cleaning and water cleanup services.



Together, the two businesses generated <a href="https://www.chemed.com/node/21731/pdf">$596 million</a> in second-quarter revenue and a 34.1% increase in adjusted earnings per share of $5.47.&nbsp;



The Vitas segment&rsquo;s EBITDA, or earnings before interest, taxes, depreciation and amortization, was 17.8%, 613 basis points higher than a year earlier. Roto-Rooter&rsquo;s, despite falling 126 basis points YOY, was still healthy at 27.0%.



Chemed is an interesting combination of businesses, but it works.



<h2>The Pennant Group (PNTG)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/healthcare1600e-300x169.jpg" alt="healthcare stocks"><div>Source: Shutterstock</div></div>The Pennant Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/pntg-stock-quote/">PNTG</a>) is the smallest of the three with a market cap of $861 million. Its shares are up a whopping 101% in 2024.&nbsp;



Pennant provides home health and hospice care through a <a href="https://pennantgroup.com/about-us/">decentralized business model</a> where each affiliate has its own management team. The company operates a centralized service center to provide these affiliates with the professional resources they need to be successful.



This allows on-site leaders and caregivers to focus on day-to-day care and business issues in their individual community.



In addition to the home health and hospice care, it also owns and operates <a href="https://investor.pennantgroup.com/static-files/75003124-8b26-497f-a96e-840fad40f248">53</a> senior living communities across 13 states. It&rsquo;s grown revenue by 22% compounded annually over the past decade. With just 35% of home health and hospice agencies and senior living communities owned by large operators, it has an opportunity to be an industry consolidator.&nbsp;



It generates revenue from its Home Health and Hospite segment and 26% from its Senior Living segment. Most of its operations are in the western half of the U.S.&nbsp;



It should be a prime beneficiary of an aging population.



On the date of publication, Will Ashworth did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">InvestorPlace.com Publishing Guidelines.</a>



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Will Ashworth has written about investments full-time since 2008. Publications where he&rsquo;s appeared include InvestorPlace, The Motley Fool Canada, Investopedia, Kiplinger, and several others in both the U.S. and Canada. He particularly enjoys creating model portfolios that stand the test of time. He lives in Halifax, Nova Scotia.</div><h3>More From InvestorPlace</h3>
		<ul><li>
						<a href="https://investorplace.com/2024/04/legendary-investor-predicts-forget-a-i-this-technology-is-the-future/?cid=MKT794457&amp;eid=MKT802109">Legendary Investor Predicts: &ldquo;Forget AI... THIS Technology Is the Future&rdquo;</a>
					</li>
									</ul>
The post <a href="https://investorplace.com/2024/08/3-ways-to-play-the-long-term-care-crisis-in-2024/">3 Ways to Play the Long-Term Care Crisis in 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Ways to Play the Long-Term Care Crisis in 2024

17 Upcoming Dividend Increases Including 2 Kings

Chemed Remains A Buy On Long-Term Economics

SMMV: Best Of Breed Low-Vol ETF In Small Caps

Dividend Champion, Contender, And Challenger Highlights: Week Of August 25

These are the mid-caps that could perform best during 'downturn' regimes – BofA

In a report released today, Michael Wiederhorn from Oppenheimer maintained a Buy rating on Chemed (CHE – Research Report), with a price target of $...

Comments

Chemed

뉴스

에 대한 최신 뉴스 Chemed (NYSE:CHE) 주식

사람들이 또한 지켜본다

뉴스

파트너 / 기고자

벤징가 글로벌