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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Addus HomeCare Corporation    ADUS

ADDUS HOMECARE CORPORATION

(ADUS)
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The Law Offices of Frank R. Cruz : Continues Its Investigation on Behalf of Addus HomeCare Corporation Investors (ADUS)

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03/26/2020 | 03:32pm EDT

The Law Offices of Frank R. Cruz continues its investigation on behalf of Addus HomeCare Corporation (“Addus” or the “Company”) (NASDAQ: ADUS) investors concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On February 27, 2020, after the market closed, Addus reported that it could not timely file its fiscal 2019 annual report because the Company needed “additional time . . . to complete the valuation of a non-cash implicit price concession related to revenue and accounts receivable, including the periods to which it relates, and to perform the related internal controls assessment.”

On this news, Addus’ stock price fell $13.82 per share, or nearly 15%, to close at $76.27 per share on February 28, 2020, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Addus securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2020
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Financials (USD)
Sales 2019 642 M - -
Net income 2019 25,5 M - -
Net Debt 2019 46,6 M - -
P/E ratio 2019 54,6x
Yield 2019 -
Capitalization 1 519 M 1 519 M -
EV / Sales 2018
EV / Sales 2019 2,44x
Nbr of Employees 19 014
Free-Float 99,5%
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Technical analysis trends ADDUS HOMECARE CORPORATION
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 9
Average target price 100,50 $
Last Close Price 98,54 $
Spread / Highest target 16,7%
Spread / Average Target 1,99%
Spread / Lowest Target -9,68%
EPS Revisions
Managers
NameTitle
R. Dirk Allison President, Chief Executive Officer & Director
Steven I. Geringer Chairman
W. Bradley Bickham Chief Operating Officer & Executive Vice President
Brian W. Poff CFO, Chief Accounting Officer, Treasurer & EVP
Mike Wattenbarger Senior Vice President-Information Technology
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