+Compare
CHE
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
7.84B

CHE Chemed Corp Forecast, Technical & Fundamental Analysis

a holding medical company

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for CHE with price predictions
08:00 PM EDT Sep 28, 2023

Momentum Indicator for CHE turns positive, indicating new upward trend

CHE saw its Momentum Indicator move above the 0 level on September 19, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 100 similar instances where the indicator turned positive. In of the 100 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CHE's RSI Indicator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CHE just turned positive on August 28, 2023. Looking at past instances where CHE's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

CHE moved above its 50-day moving average on September 28, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHE advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for CHE moved below the 200-day moving average on September 07, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for CHE entered a downward trend on September 01, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CHE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.230) is normal, around the industry mean (4.976). P/E Ratio (34.602) is within average values for comparable stocks, (72.151). CHE's Projected Growth (PEG Ratio) (2.321) is slightly higher than the industry average of (1.440). CHE has a moderately low Dividend Yield (0.003) as compared to the industry average of (0.024). P/S Ratio (3.589) is also within normal values, averaging (18.454).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are DaVita (NYSE:DVA), Community Health Systems (NYSE:CYH).

Industry description

The medical/nursing services includes companies that provide medical-related services such as ambulance services, dialysis centers, respiratory therapy, blood testing and rehabilitation services. DaVita Inc., Chemed Corporation and Guardant Health, Inc. are examples of companies in this industry.

Market Cap

The average market capitalization across the Medical/Nursing Services Industry is 3.47B. The market cap for tickers in the group ranges from 1.86K to 66.9B. HCA holds the highest valuation in this group at 66.9B. The lowest valued company is CSAY at 1.86K.

High and low price notable news

The average weekly price growth across all stocks in the Medical/Nursing Services Industry was -3%. For the same Industry, the average monthly price growth was -6%, and the average quarterly price growth was -5%. NVOS experienced the highest price growth at 14%, while BNKL experienced the biggest fall at -52%.

Volume

The average weekly volume growth across all stocks in the Medical/Nursing Services Industry was 644%. For the same stocks of the Industry, the average monthly volume growth was 468% and the average quarterly volume growth was 284%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 63
Price Growth Rating: 66
SMR Rating: 80
Profit Risk Rating: 83
Seasonality Score: -26 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

CHE is expected to report earnings to rise 6.16% to $5.00 per share on October 30

Chemed Corp CHE Stock Earnings Reports
Q3'23
Est.
$5.00
Q2'23
Missed
by $0.38
Q1'23
Beat
by $0.15
Q4'22
Beat
by $0.08
Q3'22
Beat
by $0.09
The last earnings report on July 26 showed earnings per share of $4.71, missing the estimate of $5.09. With 62.36K shares outstanding, the current market capitalization sits at 7.84B.
A.I.Advisor
published Dividends

CHE paid dividends on September 05, 2023

Chemed Corp CHE Stock Dividends
А dividend of $0.40 per share was paid with a record date of September 05, 2023, and an ex-dividend date of August 11, 2023. Read more...
A.I. Advisor
published General Information

General Information

a holding medical company

Industry MedicalNursingServices

Profile
Fundamentals
Details
Industry
Medical Or Nursing Services
Address
255 East Fifth Street
Phone
+1 513 762-6690
Employees
14167
Web
https://www.chemed.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
CRYPTO / NAMEPrice $Chg $Chg %
PNT.X0.1662040.030969
+22.90%
pNetwork cryptocurrency
RAMP.X0.0779720.001434
+1.87%
RAMP cryptocurrency
ENJ.X0.2231350.000788
+0.35%
Enjin Coin cryptocurrency
DEXE.X2.235481-0.010437
-0.46%
DeXe cryptocurrency
AVAX.X9.175295-0.087379
-0.94%
Avalanche cryptocurrency

CHE and

Correlation & Price change

A.I.dvisor indicates that over the last year, CHE has been loosely correlated with ADUS. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if CHE jumps, then ADUS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CHE
1D Price
Change %
CHE100%
-0.44%
ADUS - CHE
51%
Loosely correlated
-1.13%
ACHC - CHE
50%
Loosely correlated
-0.06%
AMED - CHE
48%
Loosely correlated
+0.19%
HCA - CHE
48%
Loosely correlated
-1.86%
ENSG - CHE
48%
Loosely correlated
-1.11%
More

Groups containing CHE

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CHE
1D Price
Change %
CHE100%
-0.44%
resting in peace
(undefined stocks)
91%
Closely correlated
-0.44%
rip
(undefined stocks)
91%
Closely correlated
-0.44%
nursing service
(undefined stocks)
69%
Closely correlated
-0.51%
Medical/Nursing Services
(undefined stocks)
69%
Closely correlated
+0.19%
Health Services
(undefined stocks)
55%
Loosely correlated
+0.20%
More