Adcare Health System (NYSE: ADK)
Separately, analysts at Imperial Capital initiated coverage on shares of Adcare Health System in a research note to investors on Wednesday, December 12th. They set an ?outperform? rating and a $7.00 price target on the stock.
Shares of Adcare Health System traded up 0.39% during mid-day trading on Tuesday, hitting $5.12. Adcare Health System has a one year low of $3.00 and a one year high of $5.50. The stock?s 50-day moving average is currently $4.69. The company?s market cap is $75.0 million. Adcare Health System last released its earnings data on Tuesday, November 13th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.12. The company had revenue of $61.80 million for the quarter, compared to the consensus estimate of $60.62 million. Analysts expect that Adcare Health System will post $-0.06 EPS for the current fiscal year.
AdCare Health Systems, Inc. (AdCare) is a developer, owner and manager of retirement communities, assisted living facilities, skilled nursing facilities and home health care services in the state of Ohio. To view Zacks? full report, visit www.zacks.com
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