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CareRx (TSE:CRRX)
TSX:CRRX
Holding TSE:CRRX?
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CRRX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.10 - C$2.43
Previous CloseC$1.82
Volume11.52K
Average Volume (3M)12.75K
Market Cap
C$109.06M
Enterprise ValueC$191.08M
Total Cash (Recent Filing)C$7.22M
Total Debt (Recent Filing)C$89.24M
Price to Earnings (P/E)―
Beta0.40
Next Earnings
Nov 08, 2024EPS Estimate
C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.12
Shares Outstanding60,085,504
10 Day Avg. Volume14,316
30 Day Avg. Volume12,749
Standard Deviation2.29
R-Squared0.00341
Alpha0.28
Financial Highlights & Ratios
Price to Book (P/B)1.36
Price to Sales (P/S)0.32
Price to Cash Flow (P/CF)3.60
P/FCF Ratio3.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$3.00Price Target Upside64.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
CareRx News
PremiumCompany Announcements
CareRx Unveils High-Tech Pharmacy in British Columbia
PremiumCompany Announcements
CareRx Welcomes New CFO Suzanne Brand
PremiumCompany Announcements
CareRx Approved for Stock Buyback Program
PremiumCompany Announcements
CareRx Q2 2024: Revenue Up, Adjusted EBITDA Grows
PremiumCompany Announcements
CareRx Reveals Q2 2024 Financial PerformancePremiumCompany Announcements
CareRx Announces Q2 2024 Financial Results Call
PremiumCompany Announcements
CareRx Announces New Board Chair and AGM ResultsBulls Say, Bears Say
Bulls Say
Financial PerformanceAdjusted EBITDA margins are improving and are expected to reach double digits by the end of 2024.
Regulatory EnvironmentOntario's extension of the funding freeze for long-term care pharmacy services provides a favorable funding environment.
Strategic InitiativesThe company is prioritizing its stock buyback program over mergers and acquisitions due to its depressed valuation.
Bears Say
Financial PerformanceRevenues declined 3% year-over-year due to a net reduction in beds serviced.
Future OutlookNew bed onboarding saw slight deceleration in the quarter, which is expected to persist into Q224.
Quarterly EarningsQ124 revenues declined 1.8% y/y to $89.7M, driven by a decline in average number of beds serviced from 94.4K in Q123 to 90.9K.
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Options Prices
Currently, No data available
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Ownership Overview
CRRX FAQ
What was CareRx’s price range in the past 12 months?
CareRx lowest stock price was C$1.10 and its highest was C$2.43 in the past 12 months.
What is CareRx’s market cap?
Currently, no data Available
When is CareRx’s upcoming earnings report date?
CareRx’s upcoming earnings report date is Nov 08, 2024 which is today.
How were CareRx’s earnings last quarter?
CareRx released its earnings results on Aug 08, 2024. The company reported -C$0.02 earnings per share for the quarter, missing the consensus estimate of C$0.001 by -C$0.021.
Is CareRx overvalued?
According to Wall Street analysts CareRx’s price is currently Undervalued.
Does CareRx pay dividends?
CareRx does not currently pay dividends.
What is CareRx’s EPS estimate?
CareRx’s EPS estimate is C$0.01.
How many shares outstanding does CareRx have?
CareRx has 59,975,365 shares outstanding.
What happened to CareRx’s price movement after its last earnings report?
CareRx reported an EPS of -C$0.02 in its last earnings report, missing expectations of C$0.001. Following the earnings report the stock price went up 1.351%.
Which hedge fund is a major shareholder of CareRx?
Currently, no hedge funds are holding shares in TSE:CRRX
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CareRx Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$3.00 (64.84% Upside)
C$3.00 (64.84% Upside)
Insider Transactions
Bought Shares
Worth C$62.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.18%
12-Months-Change
Fundamentals
Return on Equity
-8.78%
Trailing 12-Months
Asset Growth
-18.68%
Trailing 12-Months
Company Description
CareRx
CareRx Corp is a provider of specialty pharmacy services to seniors. It serves more than 50,000 residents in over 850 seniors and other communities (long-term care homes, retirement homes, assisted living facilities, and group homes). The company is a national organization with a large network of pharmacy fulfillment centres strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education, and medication system quality and efficiency.
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CRRX Stock 12 Month Forecast
Average Price Target
C$3.00
▲(64.84% Upside)
Technical Analysis
Best Analysts Covering CRRX
1 Year
1 Year Success Rate
3/14 ratings generated profit
1 Year Average Return
-14.34%
reiterated a buy rating 6 months ago
Copying Stefan Quenneville's trades and holding each position for 1 Year would result in 21.43% of your transactions generating a profit, with an average return of -14.34% per trade.
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