Avid Technology, Inc. (AVID) At $8.95 Forms Bottom; Chemed (CHE) Covered By 1 Bullish Analysts Last Week

Avid Technology, Inc. (NASDAQ:AVID) Logo

Among 3 analysts covering Chemed Corporation (NYSE:CHE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Chemed Corporation has $49000 highest and $424 lowest target. $461.33’s average target is -1.43% below currents $468 stock price. Chemed Corporation had 7 analyst reports since October 24, 2019 according to SRatingsIntel. The firm has “Hold” rating given on Monday, November 4 by RBC Capital Markets. The firm earned “Perform” rating on Monday, November 25 by Oppenheimer. JMP Securities upgraded the shares of CHE in report on Friday, November 1 to “Market Outperform” rating. See Chemed Corporation (NYSE:CHE) latest ratings:

14/01/2020 Broker: BidaskScore Rating: Buy Upgrade
25/11/2019 Broker: Oppenheimer Rating: Perform Old Target: $440.0000 New Target: $470.0000 Maintain
20/11/2019 Broker: BidaskScore Rating: Buy Upgrade
04/11/2019 Broker: RBC Capital Markets Rating: Hold New Target: $424 Maintain
01/11/2019 Broker: BidaskScore Rating: Hold Downgrade
01/11/2019 Broker: JMP Securities Old Rating: Market Perform New Rating: Market Outperform New Target: $490.0000 Upgrade
24/10/2019 Broker: BidaskScore Rating: Buy Downgrade

Avid Technology, Inc. (AVID) formed multiple bottom with $8.50 target or 5.00% below today’s $8.95 share price. Avid Technology, Inc. (AVID) has $385.29 million valuation. The stock increased 0.11% or $0.01 during the last trading session, reaching $8.95. About 697,820 shares traded or 139.02% up from the average. Avid Technology, Inc. (NASDAQ:AVID) has risen 27.53% since January 16, 2019 and is uptrending. It has outperformed by 27.53% the S&P500. Some Historical AVID News: 07/04/2018 – Avid l On Demand SaaS Platform Unveiled to Deliver Media Workflows in the Cloud; 07/04/2018 – Avid Unveils Next Generation Maestro | PowerWall Display Solution for Affordable Studio Production; 29/03/2018 – Quincy Media Deploys Avid’s Story-centric TV News Workflow Across 14 U.S. Markets; 26/04/2018 – Avid Transforms TV News Production for RTS Senegal Africa; 31/05/2018 – Avid Strengthens Leadership Team to Accelerate Business Performance; 15/03/2018 – Avid Technology Sees 1Q Rev $95M-$105M; 13/03/2018 – Avid Sports Solutions Embraced by Top Collegiate Athletic Programs Across the Country; 28/03/2018 – Avid Technology Presenting at Conference Tomorrow; 15/03/2018 – AVID TECHNOLOGY INC – QTRLY LOSS PER COMMON SHARE $0.02; 10/05/2018 – AVID TECHNOLOGY INC AVID.O – QTRLY NET LOSS PER COMMON SHARE $0.22

Among 2 analysts covering Avid Technology (NASDAQ:AVID), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Avid Technology has $14 highest and $1000 lowest target. $12’s average target is 34.08% above currents $8.95 stock price. Avid Technology had 5 analyst reports since September 21, 2019 according to SRatingsIntel. On Monday, November 4 the stock rating was maintained by Maxim Group with “Buy”.

Analysts await Avid Technology, Inc. (NASDAQ:AVID) to report earnings on March, 12. They expect $0.27 EPS, up 12.50% or $0.03 from last year’s $0.24 per share. AVID’s profit will be $11.62M for 8.29 P/E if the $0.27 EPS becomes a reality. After $0.09 actual EPS reported by Avid Technology, Inc. for the previous quarter, Wall Street now forecasts 200.00% EPS growth.

Investors sentiment decreased to 1.1 in Q3 2019. Its down 0.54, from 1.64 in 2019Q2. It is negative, as 14 investors sold Avid Technology, Inc. shares while 27 reduced holdings. 18 funds opened positions while 27 raised stakes. 20.72 million shares or 3.56% less from 21.49 million shares in 2019Q2 were reported. Bnp Paribas Arbitrage Sa owns 4,417 shares or 0% of their US portfolio. New England Private Wealth Ltd Liability Company invested 0.12% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID). Ohio-based Victory Cap has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Parametric Port Ltd Llc accumulated 0% or 31,784 shares. Rhumbline Advisers owns 36,755 shares for 0% of their portfolio. Northern Corp accumulated 348,222 shares. Geode Cap Mngmt Ltd holds 765,177 shares or 0% of its portfolio. Panagora Asset Mgmt has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Manufacturers Life Com The reported 19,020 shares. Dimensional Fund Ltd Partnership owns 1.92 million shares. Hennessy Inc has invested 0.1% in Avid Technology, Inc. (NASDAQ:AVID). Gabelli Funds Llc stated it has 196,700 shares or 0.01% of all its holdings. Next Group Inc holds 0% or 400 shares. Cove Street Ltd Liability Corp owns 2.10M shares for 1.81% of their portfolio. Heritage Mgmt, Maryland-based fund reported 10,168 shares.

Chemed Corporation provides hospice and palliative care services in the United States. The company has market cap of $7.49 billion. It operates through two divisions, VITAS and Roto-Rooter. It has a 37.13 P/E ratio. The firm offers its services to patients through a network of physicians, registered nurses, home health aides, social workers, clergy, and volunteers.

More notable recent Chemed Corporation (NYSE:CHE) news were published by: Benzinga.com which released: “Stocks That Hit 52-Week Highs On Wednesday – Benzinga” on January 15, 2020, also Benzinga.com with their article: “Stocks That Hit 52-Week Highs On Thursday – Benzinga” published on January 09, 2020, Finance.Yahoo.com published: “The Power of Being Boring – Yahoo Finance” on December 31, 2019. More interesting news about Chemed Corporation (NYSE:CHE) were released by: Gurufocus.com and their article: “3 Lessons From Warren Buffett’s 1996 Shareholder Letter – GuruFocus.com” published on January 05, 2020 as well as Nasdaq.com‘s news article titled: “DVA vs. CHE: Which Stock Should Value Investors Buy Now? – Nasdaq” with publication date: January 01, 2020.

Investors sentiment increased to 1.21 in Q3 2019. Its up 0.33, from 0.88 in 2019Q2. It improved, as 19 investors sold Chemed Corporation shares while 107 reduced holdings. 55 funds opened positions while 98 raised stakes. 13.55 million shares or 1.86% more from 13.30 million shares in 2019Q2 were reported. D E Shaw & Company owns 6,015 shares. National Bank & Trust Of America Corp De reported 160,289 shares. Teacher Retirement Systems Of Texas has 0.29% invested in Chemed Corporation (NYSE:CHE) for 80,350 shares. Ls Investment Advsr invested in 1,022 shares or 0.02% of the stock. Atria Investments Limited Liability Company holds 0.02% in Chemed Corporation (NYSE:CHE) or 1,676 shares. Tower Cap Ltd Company (Trc) holds 0% or 105 shares. Ajo Lp owns 24,477 shares or 0.06% of their US portfolio. Hollencrest Cap Mngmt holds 0.04% of its portfolio in Chemed Corporation (NYSE:CHE) for 743 shares. Cibc Asset Mgmt holds 0% or 578 shares in its portfolio. Driehaus Mgmt Lc holds 2,995 shares. Bell State Bank holds 0.15% of its portfolio in Chemed Corporation (NYSE:CHE) for 1,881 shares. California Public Employees Retirement Systems holds 0.02% of its portfolio in Chemed Corporation (NYSE:CHE) for 39,486 shares. Oakbrook Investments stated it has 1,975 shares. Swiss Savings Bank holds 0.01% or 30,000 shares. First Trust Advsrs Limited Partnership holds 0.06% of its portfolio in Chemed Corporation (NYSE:CHE) for 69,984 shares.

Since August 7, 2019, it had 1 insider purchase, and 0 selling transactions for $206,430 activity. On Wednesday, August 7 the insider WALSH GEORGE J III bought $206,430.

The stock increased 0.68% or $3.17 during the last trading session, reaching $468. About 55,587 shares traded. Chemed Corporation (NYSE:CHE) has risen 42.46% since January 16, 2019 and is uptrending. It has outperformed by 42.46% the S&P500. Some Historical CHE News: 13/04/2018 – VITAS HEALTHCARE TO PARTICIPATE IN THE UNIVERSITY OF MIAMI BUSINESS OF HEALTH CARE CONFERENCE; 07/05/2018 – VITAS HEALTHCARE JOINS AMERICAN HOSPITAL ASSOCIATION; 24/04/2018 – VITAS HEALTHCARE BRINGS COLLABORATION EXPERTISE TO BLUE CROSS BLUE SHIELD NATIONAL SUMMIT; 19/04/2018 – Chemed 1Q EPS $2.66; 20/04/2018 – DJ Chemed Corporation, Inst Holders, 1Q 2018 (CHE); 19/04/2018 – CHEMED 1Q SERVICE REV. $439.2M, EST. $419.3M; 06/03/2018 CHEMED CORP – SHARE REPURCHASES TO BE FUNDED THROUGH CASH GENERATED FROM OPERATIONS, REVOLVING CREDIT FACILITY; 09/04/2018 – VITAS HEALTHCARE REFERRALS MADE EASIER WITH HOSPICE APP’S FACE SHEET; 19/04/2018 – CHEMED CORP CHE.N – COMPANY HAS REITERATED EARNINGS GUIDANCE; 09/04/2018 – VITAS HEALTHCARE REFERRALS MADE EASIER WITH HOSPICE APP’S FACE SHEET

Chemed Corporation (NYSE:CHE) Institutional Positions Chart