Chemed Corp

Chemed Corp Stock Forecast & Price Prediction

Live Chemed Corp Stock (CHE) Price
$585.27

4

Ratings

  • Buy 1
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$585.27

P/E Ratio

30.03

Volume Traded Today

$79,500

Dividend

$0.5

52 Week High/low

654.62/497.37

Chemed Corp Market Cap

$8.89B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $CHE ๐Ÿ›‘

Before you buy CHE you'll want to see this list of ten stocks that have huge potential. Want to see if CHE made the cut? Enter your email below

CHE Summary

From what 4 stock analysts predict, the share price for Chemed Corp (CHE) might increase by 17.04% in the next year. This is based on a 12-month average estimation for CHE. Price targets go from $650 to $708. The majority of stock analysts believe CHE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

CHE Analyst Ratings

CHE is a stock in Healthcare which has been forecasted to be worth $685 as an average. On the higher end, the forecast price is $708 USD by from and on the lower end CHE is forecasted to be $650 by Michael Wiederhorn from Oppenheimer.

CHE stock forecast by analyst

These are the latest 20 analyst ratings of CHE.

Analyst/Firm

Rating

Price Target

Change

Date

Ben Hendrix
RBC Capital

Outperform

$697

Maintains

May 21, 2024
Ben Hendrix
RBC Capital

Outperform

$712

Maintains

Mar 4, 2024
Michael Wiederhorn
Oppenheimer

Outperform

$650

Maintains

Feb 29, 2024
Michael Wiederhorn
Oppenheimer

Outperform

$625

Maintains

Jan 17, 2024
Ben Hendrix
RBC Capital

Outperform

$604

Maintains

Oct 30, 2023
Ben Hendrix
RBC Capital

Outperform

$576

Maintains

Jul 31, 2023
Michael Wiederhorn
Oppenheimer

Outperform

$590

Maintains

Jul 27, 2023
Ben Hendrix
RBC Capital

Outperform

$610

Maintains

May 1, 2023
Michael Wiederhorn
Oppenheimer

Outperform

$610

Maintains

Apr 28, 2023
Ben Hendrix
RBC Capital

Outperform

$587

Maintains

Feb 27, 2023
Ben Hendrix
RBC Capital

Outperform

$545

Maintains

Nov 3, 2022
Ben Hendrix
RBC Capital

Outperform

$541

Maintains

Aug 1, 2022
Ben Hendrix
RBC Capital

Outperform

$592

Maintains

Apr 28, 2022
Frank Morgan
RBC Capital

Outperform

$579

Maintains

Mar 4, 2022
Frank Morgan
RBC Capital

Outperform

$609

Maintains

Jul 29, 2021
Michael Wiederhorn
Oppenheimer

Outperform

$580

Maintains

Feb 25, 2021
Frank Morgan
RBC Capital

Outperform

$535

Upgrade

Mar 11, 2020

Oppenheimer

Outperform

$535

Maintains

Feb 19, 2020

Oppenheimer

Perform

$470

Maintains

Nov 25, 2019

JMP Securities

Market Outperform


Upgrade

Nov 1, 2019

CHE Company Information

What They Do: Provides hospice and plumbing services.

Business Model: The company operates through two main segments: VITAS, which focuses on hospice and palliative care services, and Roto-Rooter, which offers plumbing and related services. It generates revenue by providing care through a network of healthcare professionals and by delivering plumbing services to residential and commercial clients via company-owned branches and franchises.

Other Information: Incorporated in 1970 and headquartered in Cincinnati, Ohio, Chemed Corporation has established a strong presence in the healthcare and service industries, indicating a diversified business approach that can provide stability and growth potential for investors.
CHE
Chemed Corp (CHE)

When did it IPO

1973

Staff Count

15,087

Country

United States

Sector/Industry

Healthcare/Medical Care Facilities

CEO

Mr. Kevin J. McNamara

Market Cap

$8.89B

Chemed Corp (CHE) Financial Data

In 2023, CHE generated $2.26B in revenue, which was a increase of 6.06% from the previous year. This can be seen as a signal that CHE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$2.08B

Revenue From 2021

$2.14B

2.87 %
From Previous Year

Revenue From 2022

$2.13B

-0.20 %
From Previous Year

Revenue From 2023

$2.26B

6.06 %
From Previous Year
  • Revenue TTM $2.34B
  • Operating Margin TTM 14.8%
  • Gross profit TTM $798.8M
  • Return on assets TTM 14.1%
  • Return on equity TTM 27.9%
  • Profit Margin 12.9%
  • Book Value Per Share 80.51%
  • Market capitalisation $8.89B
  • Revenue for 2021 $2.14B
  • Revenue for 2022 $2.13B
  • Revenue for 2023 $2.26B
  • EPS this year (TTM) $19.74

Chemed Corp (CHE) Latest News

News Image

Tue, 01 Oct 2024

Sentiment - NEUTRAL

Source - CNBC Television

Summary - The Investment Committee has released a list of top stocks to watch for the second half of the year.

Why It Matters - The Investment Committee's top stock picks signal potential growth opportunities and strategic insights, guiding investor decisions for the upcoming period.

News Image

Mon, 30 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Investors are evaluating Amedisys (AMED) and Chemed (CHE) for potential value opportunities in the Medical - Outpatient and Home Healthcare sector.

Why It Matters - The comparison of Amedisys and Chemed highlights potential investment opportunities in the outpatient and home healthcare sector, influencing stock selection and portfolio strategy.

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - LEO Pharma announced its largest EADV program, featuring 5 late-breaking abstracts and 23 posters presenting clinical and real-world data.

Why It Matters - LEO Pharma's extensive EADV program signals strong clinical advancements, potentially boosting investor confidence in its growth prospects and market position.

News Image

Wed, 18 Sep 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Zacks Style Scores provide a tool for investors to identify top-rated stocks that align with their investing style, enhancing stock selection strategies.

Why It Matters - Zacks Style Scores provide a streamlined method for identifying high-potential stocks, enhancing investment strategies and potentially improving returns.

News Image

Fri, 13 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Chemed Corporation (NYSE: CHE) will release Q3 2024 financial results on October 29, 2024, and host a conference call on October 30, 2024, at 10 a.m. ET for discussion.

Why It Matters - Chemed's upcoming financial results and conference call will provide insights into its performance and future outlook, influencing stock valuation and investment decisions.

News Image

Fri, 23 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Chemed (CHE) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for future stock performance.

Why It Matters - Chemed's recent earnings report can influence investor sentiment and stock performance. Future guidance or market reactions can indicate growth potential or risks, impacting investment decisions.

...

CHE Frequently asked questions

The highest forecasted price for CHE is $708 from at .

The lowest forecasted price for CHE is $650 from Michael Wiederhorn from Oppenheimer

The CHE analyst ratings consensus are 1 buy ratings, 3 hold ratings, and 0 sell ratings.