Chemed Corporation (NYSE:CHE) Receives $501.50 Consensus PT from Brokerages

Shares of Chemed Corporation (NYSE:CHE) have been given an average rating of “Hold” by the six analysts that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $501.50.

Several equities research analysts have recently issued reports on CHE shares. Zacks Research raised Chemed from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. Wall Street Zen downgraded Chemed from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank Of Canada increased their price target on Chemed from $422.00 to $436.00 and gave the stock a “sector perform” rating in a report on Monday, April 27th. Weiss Ratings upgraded Chemed from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 29th. Finally, Oppenheimer reduced their price target on Chemed from $580.00 to $500.00 and set an “outperform” rating on the stock in a report on Friday, February 27th.

Insider Buying and Selling at Chemed

In other news, CEO Kevin J. Mcnamara sold 2,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $421.13, for a total value of $842,260.00. Following the sale, the chief executive officer directly owned 90,219 shares in the company, valued at approximately $37,993,927.47. This represents a 2.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 3.33% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Monetary Solutions Ltd purchased a new position in shares of Chemed in the 4th quarter valued at $25,000. Los Angeles Capital Management LLC purchased a new position in shares of Chemed in the 4th quarter valued at $26,000. Smartleaf Asset Management LLC increased its holdings in shares of Chemed by 71.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 60 shares of the company’s stock valued at $27,000 after acquiring an additional 25 shares during the period. BOK Financial Private Wealth Inc. purchased a new position in shares of Chemed in the 4th quarter valued at $27,000. Finally, First Horizon Corp purchased a new position in shares of Chemed in the 3rd quarter valued at $31,000. 95.85% of the stock is currently owned by hedge funds and other institutional investors.

Chemed Price Performance

NYSE:CHE opened at $439.70 on Friday. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 23.96, a PEG ratio of 1.66 and a beta of 0.54. Chemed has a 1 year low of $365.20 and a 1 year high of $581.20. The business has a 50 day simple moving average of $400.27 and a 200-day simple moving average of $425.05. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.85 and a quick ratio of 0.83.

Chemed (NYSE:CHE) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $5.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.30 by $0.35. The business had revenue of $657.51 million during the quarter, compared to analyst estimates of $659.22 million. Chemed had a return on equity of 27.18% and a net margin of 10.23%.The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the company earned $5.63 EPS. Chemed has set its FY 2026 guidance at 24.000-24.75 EPS. Equities analysts forecast that Chemed will post 22.3 EPS for the current year.

Chemed Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 16th. Stockholders of record on Thursday, May 28th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, May 28th. Chemed’s dividend payout ratio is presently 13.08%.

Chemed Company Profile

Chemed Corporation is a diversified provider of essential home services and healthcare solutions in the United States. Headquartered in Cincinnati, Ohio, the company operates through two principal business segments—Roto-Rooter and Vitas Healthcare. Since its founding in 1974, Chemed has built a reputation for reliability and expertise, serving both residential and commercial customers across a broad range of markets.

The Roto-Rooter segment offers a comprehensive suite of plumbing, drain cleaning and water restoration services.