Ardent Health Partners Inc [ARDT] stock prices are up 4.34% to $20.19 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ARDT shares have gain 12.17% over the last week, with a monthly amount glided 17.25%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ardent Health Partners Inc [NYSE: ARDT] stock has seen the most recent analyst activity on October 11, 2024, when KeyBanc Capital Markets initiated its Overweight rating and assigned the stock a price target of $24. Previously, Truist started tracking the stock with Buy rating on August 12, 2024, and set its price target to $21. On August 12, 2024, Stephens initiated with a Overweight rating and assigned a price target of $24 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $23 on August 12, 2024. Morgan Stanley initiated its recommendation with a Overweight and recommended $27 as its price target on August 12, 2024. Mizuho started tracking with a Outperform rating for this stock on August 12, 2024, and assigned it a price target of $20. In a note dated August 12, 2024, Loop Capital initiated an Buy rating and provided a target price of $18 on this stock.
The stock price of Ardent Health Partners Inc [ARDT] has been fluctuating between $15.00 and $20.30 over the past year. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Ardent Health Partners Inc [NYSE: ARDT] shares were valued at $20.19 at the most recent close of the market. An investor can expect a potential return of 13.92% based on the average ARDT price forecast.
Analyzing the ARDT fundamentals
Gross Profit Margin for this corporation currently stands at 0.98% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.1 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.48 points at the first support level, and at 18.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.81, and for the 2nd resistance point, it is at 21.43.
Ratios To Look Out For
It’s worth pointing out that Ardent Health Partners Inc [NYSE:ARDT]’s Current Ratio is 1.65. As well, the Quick Ratio is 1.54, while the Cash Ratio is 0.37.
