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Chemed Corporation (CHE)

NYSE - NYSE Delayed Price. Currency in USD
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473.10+0.02 (+0.00%)
As of 4:00PM EDT. Market open.
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  • s
    stuart
    The recent sell off in CHE was attributable mostly to the COVID virus limiting new applicants to nursing home enrollment. That should change very soon!
  • A
    Abuelo
    Well it appears that we've got the classical street over-reaction to a de minimis revenue blip. The demand for hospice and plumbing services is fundamentally inelastic, thus justifying a PE similar to consumer non-cyclical. Revenue is not tied to the Fed rate, China tariffs, nor politics since hospice rates are set for the not-for-profits who will not survive any serious budget cuts....a perfect moat. I do worry when the brainiacs in Cinci decide to do an acquisition, but a Roto Rooter franchise over-valuation isn't fatal...at least they stopped buying deadbeat hospices and now only buy CHE. So for long-term investors we might be seeing a good post earnings buying opportunity right now. Remember that management always wants to get more personal shares off and so share repurchase is likely to uptick at these price levels.
  • A
    Abuelo
    Some days this stock makes everyone look smart ... shorts excepted
  • s
    stuart
    Stock is moving nicely; why aren’t investors paying attention?
  • A
    Andy
    Love it! More people staying in their homes during the pandemic, making heavier usage of their drainage systems at home: Roto-Rooter revenue rose to $175 million, an increase of 8.6%. Net Income due to Roto-Rooter (as more calls are made for sewer unclogging) climbed strongly to $32.0 million, an increase of 16.5% !
  • t
    theRealJerry
    $150m buyback authorized by the Board is 5.4 days of average volume. Should support price nicely.

    Very happy long term holder.
  • H
    Hammer Hog
    Management announced a large share buyback. This will rocket in the near future.
  • t
    theRealJerry
    Looks like a great quarter just reported. $2.72 adj EPS vs $2.36 consensus. Revenues $20m above estimates.
  • J
    JOSEPHV
    Chemed has moved up on better than average volume--I wonder what is going on? I think it is time for Chemed to split. What do you think about it?
  • A
    Abuelo
    I still don't understand how the Board can fulfill its governance responsibilities while allowing the CEO to sell 14% of his holdings ($6mm plus) after June 20th. Way too late in the quarter...may be criminal behavior! Revenue for both segments are baked in providing way too much insider information to trade on. Other insiders selling late in the quarter led to a crowded trough which institutionalizes this pattern of late trades with insider info being available. The trading window should be closed a couple of weeks following the release of quarterly results ie. early May.
  • Y
    Yahoo Finance Insights
    CHE reached a new 52 Week High at 289.36
  • Y
    Yahoo Finance Insights
    CHE is up 4.96% to 306.59
  • Y
    Yahoo Finance Insights
    CHE reached a new All Time High at 259.38
  • Y
    Yahoo Finance Insights
    CHE reached a new All Time High at 306.59
  • Y
    Yahoo Finance Insights
    CHE reached a new All Time High at 324.19
  • Y
    Yahoo Finance Insights
    CHE reached a new All Time High at 253.71
  • Y
    Yahoo Finance Insights
    CHE reached a new All Time High at 275.83
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    Yahoo Finance Insights
    CHE reached a new All Time High at 261.06
  • Y
    Yahoo Finance Insights
    CHE is up 8.34% to $302.00