Back to top

Image: Bigstock

Why Is Chemed (CHE) Up 4.5% Since Last Earnings Report?

Read MoreHide Full Article

A month has gone by since the last earnings report for Chemed (CHE - Free Report) . Shares have added about 4.5% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Chemed due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

VGM Scores

Currently, Chemed has a great Growth Score of A, though it is lagging a bit on the Momentum Score front with a B. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Chemed has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

Performance of an Industry Player

Chemed is part of the Zacks Medical - Outpatient and Home Healthcare industry. Over the past month, DaVita HealthCare (DVA - Free Report) , a stock from the same industry, has gained 3.9%. The company reported its results for the quarter ended December 2024 more than a month ago.

DaVita HealthCare reported revenues of $3.29 billion in the last reported quarter, representing a year-over-year change of +4.7%. EPS of $2.24 for the same period compares with $1.87 a year ago.

For the current quarter, DaVita HealthCare is expected to post earnings of $1.75 per share, indicating a change of -26.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.

DaVita HealthCare has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


DaVita Inc. (DVA) - free report >>

Chemed Corporation (CHE) - free report >>

Published in