CHE - Chemed Corp Stock Price, Fair Value and News

597.86USD-6.31 (-1.04%)Market Closed

Market Summary

USD597.86-6.31

Market Closed

-1.04%

CHE Alerts

3 major insider sales recently.

CHE Stock Price

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CHE RSI Chart

CHE Valuation

Market Cap

9.0B

Price/Earnings (Trailing)

33.17

Price/Sales (Trailing)

3.99

EV/EBITDA

21.31

Price/Free Cashflow

33.05

CHE Price/Sales (Trailing)

CHE Profitability

Operating Margin

55.74%

EBT Margin

15.47%

Return on Equity

24.6%

Return on Assets

16.34%

Free Cashflow Yield

3.03%

CHE Fundamentals

CHE Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

7.18%

Rev. Growth (Qtr)

3.79%

CHE Earnings

Earnings (TTM)

272.5M

Earnings Growth (Yr)

44.95%

Earnings Growth (Qtr)

20.14%

Breaking Down CHE Revenue

Last 7 days

-3.4%

Last 30 days

-8.1%

Last 90 days

0.6%

Trailing 12 Months

6.7%

How does CHE drawdown profile look like?

CHE Financial Health

Current Ratio

1.61

Debt/Equity

0.01

Debt/Cashflow

20.33

CHE Investor Care

Dividend Yield

0.26%

Dividend/Share (TTM)

1.56

Shares Dilution (1Y)

1.13%

Diluted EPS (TTM)

17.93

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.2B	2.2B	2.2B	2.3B
2022	2.1B	2.1B	2.1B	2.1B
2021	2.1B	2.1B	2.1B	2.1B
2020	2.0B	2.0B	2.1B	2.1B
2019	1.8B	1.9B	1.9B	1.9B
2018	1.7B	1.7B	1.8B	1.8B
2017	1.6B	1.6B	1.6B	1.7B
2016	1.6B	1.6B	1.6B	1.6B
2015	1.5B	1.5B	1.5B	1.5B
2014	1.4B	1.4B	1.4B	1.5B
2013	1.4B	1.4B	1.4B	1.4B
2012	1.4B	1.4B	1.4B	1.4B
2011	1.3B	1.3B	1.3B	1.4B
2010	1.2B	1.2B	1.2B	1.3B
2009	0	1.2B	1.2B	1.2B
2008	0	0	0	1.1B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Chemed Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 28, 2024	lee spencer s	acquired	1,385,670	106	13,000	executive vice president
Mar 28, 2024	lee spencer s	sold (taxes)	-4,557,960	643	-7,080	executive vice president
Mar 28, 2024	lee spencer s	sold	-1,283,300	641	-2,000	executive vice president
Mar 21, 2024	witzeman michael d	sold	-1,704,320	643	-2,650	vp & chief financial officer
Mar 20, 2024	witzeman michael d	acquired	1,074,290	413	2,600	vp & chief financial officer
Mar 20, 2024	judkins brian c	acquired	5,300,010	443	11,958	vp and chief legal officer
Mar 20, 2024	witzeman michael d	sold (taxes)	-229,841	647	-355	vp & chief financial officer
Mar 20, 2024	judkins brian c	sold	-7,196,910	645	-11,158	vp and chief legal officer
Mar 06, 2024	hutton thomas c	acquired	1,466,990	449	3,267	vice president
Mar 06, 2024	hutton thomas c	sold (taxes)	-1,693,560	633	-2,673	vice president

Which funds bought or sold CHE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	added	10.00	-82,000	1,672,000	0.06%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	sold off	-100	-262,553	-	-%
Apr 16, 2024	TSFG, LLC	unchanged	-	11,000	128,000	0.03%
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-	3,000	-%
Apr 16, 2024	CAPITAL INSIGHT PARTNERS, LLC	added	7.55	979,524	6,401,330	1.20%
Apr 16, 2024	Ausbil Investment Management Ltd	reduced	-4.93	23,199	581,051	0.29%
Apr 16, 2024	MCF Advisors LLC	unchanged	-	28,590	320,965	0.03%
Apr 16, 2024	Thrive Wealth Management, LLC	new	-	225,959	225,959	0.05%
Apr 16, 2024	HENGEHOLD CAPITAL MANAGEMENT LLC	unchanged	-	50,947	571,960	0.06%
Apr 16, 2024	Berger Financial Group, Inc	reduced	-1.23	23,963	307,887	0.03%

Are Funds Buying or Selling CHE?

Are funds buying CHE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CHE

No. of Funds

CHE Alerts

3 major insider sales recently.

Unveiling Chemed Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.28%	1,699,648	SC 13G/A
Jan 24, 2024	blackrock inc.	9.4%	1,409,958	SC 13G/A
Feb 09, 2023	vanguard group inc	11.38%	1,692,377	SC 13G/A
Jan 24, 2023	blackrock inc.	9.4%	1,399,535	SC 13G
Feb 09, 2022	vanguard group inc	11.31%	1,740,446	SC 13G/A
Feb 01, 2022	blackrock inc.	8.7%	1,343,981	SC 13G/A
Feb 10, 2021	vanguard group inc	11.41%	1,819,635	SC 13G/A
Jan 29, 2021	blackrock inc.	9.2%	1,463,600	SC 13G/A
Feb 12, 2020	vanguard group inc	12.04%	1,928,122	SC 13G/A
Feb 05, 2020	blackrock inc.	9.9%	1,578,926	SC 13G/A

Recent SEC filings of Chemed Corp

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	8-K	Current Report
Apr 08, 2024	DEF 14A	DEF 14A
Apr 01, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 20, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	8-K	Current Report
Mar 07, 2024	4	Insider Trading
Feb 29, 2024	10-K	Annual Report
Feb 27, 2024	8-K	Current Report

Peers (Alternatives to Chemed Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
UNH	454.7B	371.6B	-0.02%	1.44%	20.32	1.22	14.64%	11.24%
CI	102.0B	195.3B	-1.02%	36.19%	18.98	0.52	8.17%	-20.79%
CVS	87.3B	357.8B	-11.09%	-5.71%	10.46	0.24	10.95%	93.52%
HCA	78.5B	65.0B	-10.17%	8.75%	14.98	1.21	7.86%	-7.11%
CNC	39.5B	154.0B	-6.25%	10.48%	14.6	0.26	6.54%	124.79%
DVA	11.1B	12.1B	-8.86%	50.81%	15.99	0.91	4.57%	23.40%
UHS	10.6B	14.3B	-14.78%	11.99%	14.83	0.75	6.59%	6.24%
MID-CAP
CHE	9.0B	2.3B	-8.12%	6.65%	33.17	3.99	6.06%	9.17%
ACHC	6.5B	2.9B	-10.43%	-6.61%	-299.48	2.22	12.20%	-107.93%
AMN	2.1B	3.8B	-13.87%	-35.57%	10.12	0.56	-27.73%	-52.50%
AMEH	2.1B	1.4B	-7.13%	-7.85%	33.88	1.48	21.19%	34.42%
SMALL-CAP
ADUS	1.6B	1.1B	-3.48%	-11.27%	25.19	1.49	11.31%	35.83%
BKD	1.2B	3.0B	2.35%	54.74%	-6.54	0.41	6.74%	20.73%
BEAT	55.0M	-	-9.52%	-10.68%	-3.76	-	-	-12.94%
AMS	18.4M	21.3M	13.67%	2.11%	34.56	0.86	8.00%	-62.25%

Chemed Corp News

Latest updates

Chemed Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	3.8%	586	565	554	560	547	526	531	531	541	539	532	527	528	528	502	516	522	481	474	462	453
Costs and Expenses	-0.7%	475	478	484	487	465	446	439	441	443	446	461	447	390	454	409	436	445	416	408	413	390
S&GA Expenses	0.8%	100	100	95.00	100	97.00	84.00	88.00	90.00	92.00	89.00	94.00	92.00	87.00	88.00	85.00	71.00	83.00	77.00	72.00	74.00	67.00
EBITDA Margin	6.8%	0.18*	0.17*	0.17*	0.17*	0.18*	0.19*	0.20*	0.19*	0.19*	0.21*	0.21*	0.22*	0.22*	0.19*	0.18*	0.17*	0.16*	0.15*	0.15*	-	-
Interest Expenses	-23.0%	0.00	0.00	1.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Income Taxes	39.5%	26.00	18.00	17.00	17.00	20.00	20.00	20.00	21.00	22.00	23.00	19.00	18.00	32.00	14.00	18.00	13.00	14.00	8.00	14.00	6.00	8.00
Earnings Before Taxes	23.9%	116	93.00	70.00	71.00	82.00	76.00	86.00	85.00	96.00	95.00	75.00	84.00	146	82.00	100	69.00	80.00	67.00	64.00	51.00	63.00
EBT Margin	8.5%	0.15*	0.14*	0.14*	0.15*	0.15*	0.16*	0.17*	0.16*	0.16*	0.19*	0.18*	0.20*	0.19*	0.16*	0.16*	0.14*	0.13*	0.13*	0.13*	-	-
Net Income	20.1%	90.00	75.00	53.00	54.00	62.00	57.00	66.00	64.00	75.00	72.00	57.00	65.00	114	68.00	82.00	56.00	66.00	59.00	51.00	45.00	54.00
Net Income Margin	9.5%	0.12*	0.11*	0.10*	0.11*	0.12*	0.12*	0.13*	0.12*	0.13*	0.14*	0.14*	0.16*	0.15*	0.13*	0.13*	0.12*	0.11*	0.11*	0.11*	-	-
Free Cashflow	460.4%	97.00	17.00	116	43.00	82.00	39.00	44.00	88.00	49.00	102	9.00	89.00	71.00	114	176	69.00	50.00	117	21.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	6.8%	1,668	1,562	1,505	1,431	1,442	1,356	1,313	1,306	1,343	1,318	1,384	1,458	1,435	1,367	1,291	1,278	1,268	1,233	1,094	1,070	976
Current Assets	26.9%	501	395	337	262	273	199	203	185	230	201	269	347	329	271	189	199	191	168	180	159	160
Cash Equivalents	52.4%	264	173	160	58.00	74.00	8.00	10.00	18.00	33.00	29.00	92.00	210	163	113	20.00	29.00	6.00	9.00	3.00	9.00	5.00
Inventory	-4.1%	12.00	13.00	12.00	11.00	10.00	10.00	11.00	11.00	10.00	8.00	7.00	7.00	7.00	8.00	7.00	7.00	7.00	7.00	6.00	6.00	6.00
Net PPE	-0.8%	204	205	208	204	200	194	192	192	194	191	193	190	188	181	183	184	176	173	150	165	162
Goodwill	0.0%	585	585	582	581	581	580	580	580	579	579	579	579	579	579	578	577	577	577	511	511	511
Liabilities	3.2%	560	543	553	551	643	635	628	639	719	538	513	529	534	566	540	594	542	560	476	482	384
Current Liabilities	5.0%	312	297	302	283	297	298	285	280	302	286	267	290	299	329	319	247	262	252	224	217	192
Long Term Debt	-	-	-	-	16.00	93.00	96.00	112	120	185	-	-	-	-	-	-	160	90.00	130	85.00	100	89.00
LT Debt, Current	-	-	-	-	5.00	5.00	5.00	5.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-	-	-	-	16.00	93.00	96.00	112	120	185	-	-	-	-	-	-	160	90.00	130	85.00	100	89.00
Shareholder's Equity	8.7%	1,108	1,019	952	880	799	721	685	667	623	780	871	929	901	801	751	684	727	672	619	588	591
Retained Earnings	3.6%	2,447	2,363	2,294	2,246	2,198	2,141	2,090	2,029	1,970	1,901	1,835	1,784	1,724	1,615	1,553	1,476	1,426	1,365	1,311	1,265	1,226
Additional Paid-In Capital	6.9%	1,341	1,254	1,240	1,186	1,150	1,100	1,089	1,064	1,044	1,008	1,000	983	961	925	904	879	861	842	817	804	774
Accumulated Depreciation	-100.0%	-	348	342	338	336	338	330	326	318	311	307	299	293	289	281	279	270	264	259	254	248
Shares Outstanding	0.1%	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	-	-
Float	-	-	-	8,050	-	-	-	6,872	-	-	-	7,332	-	-	-	7,056	-	-	-	5,635	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	275.3%	108,563	28,927	132,317	60,492	100,199	52,017	56,580	101,090	63,570	112,988	25,320	106,719	86,877	124,590	188,496	89,326	63,604	128,738	35,322	73,585	56,530
Cashflow From Investing	24.4%	-11,670	-15,438	-16,521	-17,013	-19,488	-14,279	-11,687	-13,948	-14,045	-10,410	-15,879	-17,423	-15,962	-10,220	-13,885	-21,493	-13,098	-149,213	-14,515	-13,934	-56,276
Cashflow From Financing	-2213.7%	-6,085	-263	-13,926	-59,551	-14,366	-39,597	-53,413	-101,877	-45,373	-165,955	-127,477	-41,815	-21,005	-21,981	-183,186	-45,040	-53,414	26,218	-26,252	-55,714	-62,882
Dividend Payments	0.4%	6,056	6,034	5,727	5,685	5,626	5,669	5,400	5,322	5,559	5,593	5,427	5,437	5,440	5,401	5,108	5,130	5,131	5,090	4,768	4,799	4,812
Buy Backs	178.4%	39,928	14,344	-	-	12,976	24,325	49,420	27,794	245,662	163,731	125,542	41,107	28,471	24,975	21,913	100,235	20,705	-	22,676	49,250	36,908

CHE Income Statement

2023-12-31

Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements Of Income [Abstract]
Service revenues and sales (Note 2)	$ 2,264,417	$ 2,134,963	$ 2,139,261
Cost of services provided and goods sold (excluding depreciation)	1,465,602	1,369,877	1,369,458
Selling, general and administrative expenses	395,120	358,727	366,727
Depreciation	50,802	49,102	49,011
Amortization	10,063	10,070	10,040
Other operating expenses (Note 20)	2,261	3,691	987
Total costs and expenses	1,923,848	1,791,467	1,796,223
Income from operations	340,569	343,496	343,038
Interest expense	(3,108)	(4,584)	(1,868)
Other income/(expense)--net (Note 10)	12,906	(9,233)	9,144
Income before income taxes	350,367	329,679	350,314
Income taxes (Note 11)	(77,858)	(80,055)	(81,764)
Net income	$ 272,509	$ 249,624	$ 268,550
Earnings Per Share (Note 16)
Net income	$ 18.11	$ 16.72	$ 17.14
Average number of shares outstanding	15,050	14,929	15,671
Diluted Earnings Per Share (Note 16)
Net income	$ 17.93	$ 16.53	$ 16.85
Average number of shares outstanding	15,200	15,099	15,938

CHE Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents (Note 9)	$ 263,958	$ 74,126
Accounts receivable	181,511	139,408
Inventories	12,004	10,272
Prepaid income taxes	13,166	18,515
Prepaid expenses	30,204	30,291
Total current assets	500,843	272,612
Investments of deferred compensation plans held in trust (Notes 15 and 17)	106,126	93,196
Properties and equipment, at cost, less accumulated depreciation (Note 13)	203,840	199,714
Lease right of use asset (Note 14)	126,387	135,662
Identifiable intangible assets less accumulated amortization (Note 6)	90,264	99,726
Goodwill	585,017	581,295
Other assets (Note 12)	55,618	59,807
Total Assets	1,668,095	1,442,012
Current liabilities
Accounts payable	64,034	41,884
Current portion of long-term debt (Note 3)		5,000
Income taxes (Note 11)	6,858
Accrued insurance	58,568	58,515
Accrued compensation	88,381	87,350
Accrued legal	6,386	4,456
Short-term lease liability (Note 14)	38,635	38,996
Other current liabilities (Note 21)	49,188	61,004
Total current liabilities	312,050	297,205
Deferred income taxes (Note 11)	30,321	38,613
Long-term debt (Note 3)		92,500
Deferred compensation liabilities (Note 15)	104,069	92,330
Long-term lease liability (Note 14)	100,776	110,513
Other liabilities	13,003	12,136
Total Liabilities	560,219	643,297
Commitments and contingencies (Note 18)
STOCKHOLDERS' EQUITY
Capital stock - authorized 80,000,000 shares $1 par; issued 37,183,681 shares (2022 - 36,795,792 shares)	37,184	36,796
Paid-in capital	1,341,273	1,149,899
Retained earnings	2,446,925	2,197,918
Treasury stock - 22,148,927 shares (2022 - 21,920,993 shares)	(2,719,588)	(2,588,145)
Deferred compensation payable in Company stock (Note 15)	2,082	2,247
Total Stockholders' Equity	1,107,876	798,715
Total Liabilities and Stockholders' Equity	$ 1,668,095	$ 1,442,012

About Chemed Corp

Chemed Corporation provides hospice and palliative care services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States. The company operates in two segments, VITAS and Roto-Rooter. It offers plumbing, drain cleaning, excavation, water restoration, and other related services to residential and commercial customers through company-owned branches, independent contractors, and franchisees. The company was incorporated in 1970 and is headquartered in Cincinnati, Ohio.

CEO	Mr. Kevin J. McNamara
WEBSITE	chemed.com
INDUSTRY	Healthcare Plans
EMPLOYEES	14167

Chemed Corp Frequently Asked Questions

What is the ticker symbol for Chemed Corp? What does CHE stand for in stocks?

CHE is the stock ticker symbol of Chemed Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Chemed Corp (CHE)?

As of Thu Apr 18 2024, market cap of Chemed Corp is 9.04 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CHE stock?

You can check CHE's fair value in chart for subscribers.

What is the fair value of CHE stock?

You can check CHE's fair value in chart for subscribers. The fair value of Chemed Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Chemed Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CHE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Chemed Corp a good stock to buy?

The fair value guage provides a quick view whether CHE is over valued or under valued. Whether Chemed Corp is cheap or expensive depends on the assumptions which impact Chemed Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CHE.

What is Chemed Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, CHE's PE ratio (Price to Earnings) is 33.17 and Price to Sales (PS) ratio is 3.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CHE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Chemed Corp's stock?

In the past 10 years, Chemed Corp has provided 0.217 (multiply by 100 for percentage) rate of return.