Michael Wattenbarger - Addus HomeCare Executive Officer
ADUS Stock | USD 110.66 0.37 0.34% |
Executive
Michael Wattenbarger is Executive Officer of Addus HomeCare
Age | 54 |
Address | 6303 Cowboys Way, Frisco, TX, United States, 75034 |
Phone | 469 535 8200 |
Web | https://www.addus.com |
Michael Wattenbarger Latest Insider Activity
Tracking and analyzing the buying and selling activities of Michael Wattenbarger against Addus HomeCare stock is an integral part of due diligence when investing in Addus HomeCare. Michael Wattenbarger insider activity provides valuable insight into whether Addus HomeCare is net buyers or sellers over its current business cycle. Note, Addus HomeCare insiders must abide by specific rules, including filing SEC forms every time they buy or sell Addus HomeCare'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Michael Wattenbarger over a year ago Sale by Michael Wattenbarger of 681 shares of Addus HomeCare |
Addus HomeCare Management Efficiency
The company has return on total asset (ROA) of 0.0656 % which means that it generated a profit of $0.0656 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0956 %, meaning that it created $0.0956 on every $100 dollars invested by stockholders. Addus HomeCare's management efficiency ratios could be used to measure how well Addus HomeCare manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.24 in 2024, whereas Return On Capital Employed is likely to drop 0.07 in 2024. At this time, Addus HomeCare's Total Assets are comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 865.6 M in 2024, whereas Other Current Assets are likely to drop slightly above 11.4 M in 2024.Similar Executives
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Management Performance
Return On Equity | 0.0956 | ||||
Return On Asset | 0.0656 |
Addus HomeCare Leadership Team
Elected by the shareholders, the Addus HomeCare's board of directors comprises two types of representatives: Addus HomeCare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Addus. The board's role is to monitor Addus HomeCare's management team and ensure that shareholders' interests are well served. Addus HomeCare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Addus HomeCare's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Wattenbarger, Executive Officer | ||
Sean Gaffney, Executive Vice President Chief Legal Officer | ||
Cliff Blessing, Executive Officer | ||
Brian Poff, CFO, Executive Vice President | ||
Diane Kumarich, VP Innovation | ||
Zach Simpson, Senior Officer | ||
Roberton Stevenson, Executive Officer | ||
Darby Anderson, Chief Bus. Devel. and Strategy Officer and Executive VP | ||
Robby Stevenson, Ex Officer | ||
Dirk Allison, President CEO, Director | ||
Bradley Bickham, COO, Executive Vice President | ||
Monica Raines, Executive Officer |
Addus Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Addus HomeCare a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.0956 | ||||
Return On Asset | 0.0656 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.08 % | ||||
Current Valuation | 1.86 B | ||||
Shares Outstanding | 16.37 M | ||||
Shares Owned By Insiders | 2.06 % | ||||
Shares Owned By Institutions | 98.11 % | ||||
Number Of Shares Shorted | 433.31 K | ||||
Price To Earning | 51.96 X |
Pair Trading with Addus HomeCare
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Addus HomeCare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Addus HomeCare will appreciate offsetting losses from the drop in the long position's value.Moving together with Addus Stock
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Moving against Addus Stock
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The ability to find closely correlated positions to Addus HomeCare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Addus HomeCare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Addus HomeCare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Addus HomeCare to buy it.
The correlation of Addus HomeCare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Addus HomeCare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Addus HomeCare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Addus HomeCare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Addus Stock analysis
When running Addus HomeCare's price analysis, check to measure Addus HomeCare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.
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Is Addus HomeCare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addus HomeCare. If investors know Addus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addus HomeCare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.244 | Earnings Share 4.02 | Revenue Per Share 67.883 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0656 |
The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.