After almost a 13% increase year-to-date in Casey’s General Stores stock (NASDAQ: CASY), at the current price of around $179 per share, we believe the company’s stock now has a modest downside once the Covid threat abates. This is taking into account the gas station
Amedisys has authorized a stock buyback plan of up to $100 million. The home health and hospice care provider said that it will repurchase shares through December 31, 2021.
Amedisys’ (AMED) CFO Scott Ginn said, “Given our strong cashflow and low leverage, we feel it is prudent to have authorization to buy back shares throughout the course of the year, including shares granted under the Company’s Omnibus Incentive Plan as they vest in 2021. This will become a recurring part of our capital deployment strategy; however, our first priority is and will continue to be accretive acquisitions in both Home Health and Hospice.”
Earlier in October, Amedisys reported better-than-expected 3Q results. Its adjusted earnings of $2.24 per share beat the consensus estimates of $1.27 per share. Moreover, its revenues of $544.1 million came marginally ahead of the Street’s estimates of $543.9 million. (See AMED stock analysis on TipRanks).
Meanwhile, on Nov. 3, Barclays analyst Steven Valiquette raised the stock’s price target to $298 (2.8% upside potential) from $290 and maintained a Buy rating. The analyst has a favorable outlook on the home health sector and is confident that the top companies in the sector would accelerate growth and gain market share in the post-Covid environment.
Currently, most of the Street has a bullish outlook on the stock. The Strong Buy analyst consensus is based on 7 Buys and 2 Holds. With shares up a stellar 74% year-to-date, the average price target stands at $282.89 and now implies downside potential of 2.4% to current levels.
Turkey's central bank is expected to raise its key interest rate by 150 basis points next week, a Reuters poll showed on Friday as it aims to cool inflation and dollarization, and bolster credibility under new governor Naci Agbal.
These Top Renewable Energy Stocks Are In Focus Before 2021It has been a remarkable year for renewable energy stocks so far. They are amongst the top-performing sectors in the stock market. It is no surprise that top renewable energy stocks have outpaced the broader energy industr
The small-cap Russell 2000 index has hit another closing record high today — the 13th time this has occurred this year. Otherwise, it was sort of a reversal of yesterday’s close, with the S&P 500 up slightly and the Dow more solidly in the green, while the Nasdaq dipped 0
Tractor Supply (TSCO) closed at $146.90 in the latest trading session, marking a -1.92% move from the prior day. This move lagged the S&P 500's daily gain of 0.08%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Altria (MO) closed at $42.87 in the latest trading session, marking a +0.75% move from the prior day. This move outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
United Rentals (URI) closed at $230.93 in the latest trading session, marking a +1.56% move from the prior day. This change outpaced the S&P 500's 0.08% gain on the day. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.29%.
Applied Materials (AMAT) closed at $84.03 in the latest trading session, marking a -1.88% move from the prior day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.29%.
Uber Technologies (UBER) closed at $53.71 in the latest trading session, marking a -0.13% move from the prior day. This move lagged the S&P 500's daily gain of 0.08%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.29%.
In the latest trading session, Chegg (CHGG) closed at $93.08, marking a -0.86% move from the previous day. This move lagged the S&P 500's daily gain of 0.08%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, lost 0.29%.
Enphase Energy (ENPH) closed at $180.32 in the latest trading session, marking a +1.72% move from the prior day. This change outpaced the S&P 500's 0.08% gain on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Twitter (TWTR) closed the most recent trading day at $54.30, moving -1.11% from the previous trading session. This change lagged the S&P 500's daily gain of 0.08%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Pool Corp. (POOL) closed at $365.52 in the latest trading session, marking a -1.14% move from the prior day. This change lagged the S&P 500's 0.08% gain on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Chipotle Mexican Grill (CMG) closed at $1,410.99 in the latest trading session, marking a -1.07% move from the prior day. This change lagged the S&P 500's 0.08% gain on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Martin Midstream Partners L.P. (MMLP) closed at $1.64 in the latest trading session, marking a +0.61% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow gained 0.38%, while the tech-heavy Nasdaq lost 0.29%.
CVS Health (CVS) closed the most recent trading day at $68.01, moving +1.18% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Chevron (CVX) closed the most recent trading day at $85.69, moving +1.58% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
Enterprise Products Partners (EPD) closed at $20.17 in the latest trading session, marking a -0.05% move from the prior day. This change lagged the S&P 500's 0.08% gain on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq lost 0.29%.
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