Ardent Health Partners Inc [ARDT] stock is trading at $14.21, down -0.35%. An important factor to consider is whether the stock is rising or falling in short-term value. The ARDT shares have gain 6.52% over the last week, with a monthly amount drifted -5.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities downgraded its rating to Neutral on November 06, 2024, and dropped its price target to $19. On October 11, 2024, KeyBanc Capital Markets initiated with a Overweight rating and assigned a price target of $24 on the stock. Truist started tracking the stock assigning a Buy rating and suggested a price target of $21 on August 12, 2024. Stephens initiated its recommendation with a Overweight and recommended $24 as its price target on August 12, 2024. RBC Capital Mkts started tracking with a Outperform rating for this stock on August 12, 2024, and assigned it a price target of $23. In a note dated August 12, 2024, Morgan Stanley initiated an Overweight rating and provided a target price of $27 on this stock.
Ardent Health Partners Inc [ARDT] stock has fluctuated between $13.19 and $20.72 over the past year. Currently, Wall Street analysts expect the stock to reach $22.5 within the next 12 months. Ardent Health Partners Inc [NYSE: ARDT] shares were valued at $14.21 at the most recent close of the market. An investor can expect a potential return of 58.34% based on the average ARDT price forecast.
Analyzing the ARDT fundamentals
Ardent Health Partners Inc [NYSE:ARDT] reported sales of 5.97B for the trailing twelve months, which represents a growth of 19.33%. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.3 and Total Capital is 0.06.
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 14.08 points at the first support level, and at 13.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.42, and for the 2nd resistance point, it is at 14.63.
Ratios To Look Out For
For context, Ardent Health Partners Inc’s Current Ratio is 1.94. On the other hand, the Quick Ratio is 1.82, and the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 1.79 and price to earnings (TTM) ratio is 9.65.
Transactions by insiders
Recent insider trading involved Webb Robert Thomas, Director, that happened on Nov 08 ’24 when 20000.0 shares were purchased.
