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CareRx (TSE:CRRX)
TSX:CRRX
CareRx (CRRX) Stock Price & Analysis
64 Followers
CRRX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.10 - C$2.42
Previous CloseC$2.25
Volume14.96K
Average Volume (3M)18.34K
Market Cap
C$135.20M
Enterprise ValueC$226.03M
Total Cash (Recent Filing)C$7.03M
Total Debt (Recent Filing)C$97.86M
Price to Earnings (P/E)―
Beta0.51
Next Earnings
Aug 14, 2024EPS Estimate
<C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.07
Shares Outstanding60,136,709
10 Day Avg. Volume40,440
30 Day Avg. Volume18,342
Standard Deviation0.16
R-Squared0.07
Alpha-0.00790
Financial Highlights & Ratios
Price to Book (P/B)-4.21
Price to Sales (P/S)0.37
Price to Cash Flow (P/CF)4.00
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$3.83Price Target Upside58.92% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
CareRx News
PremiumCompany Announcements
CareRx Announces New Board Chair and AGM Results
PremiumCompany Announcements
CareRx Announces Executive Leadership Change
PremiumCompany Announcements
CareRx Corporation Shows Resilience in Q1 2024
PremiumCompany Announcements
CareRx Corporation Announces Q1 2024 Results CallPremiumCompany Announcements
CareRx Showcases Innovation to Ontario Leaders
PremiumCompany Announcements
Carebook’s Revenue Up, Losses Narrow in 2023PremiumCompany Announcements
CareRx Hails Ontario’s Hold on Fee CutsBulls Say, Bears Say
Bulls Say
Financial PerformanceCareRx's adjusted EBITDA margins are improving and are expected to reach double digits by the end of 2024.
Growth OpportunitiesCareRx appears poised to grow its base in the rapidly expanding elderly care market through organic growth.
Stock Buyback ProgramCareRx's solid financial position supports its stock buyback program, which is prioritized over mergers and acquisitions.
Bears Say
Onboarding SlowdownNew bed onboarding again saw slight deceleration in the quarter, which is expected to persist into Q224.
Revenue DeclineQ124 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.
Service ReductionRevenues declined 2% due to fewer beds serviced.
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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$2.42 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 Aug 14, 2024 which is in 28 days.
How were CareRx’s earnings last quarter?
CareRx released its earnings results on May 10, 2024. The company reported -C$0.01 earnings per share for the quarter, beating the consensus estimate of -C$0.014 by C$0.004.
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 60,139,790 shares outstanding.
What happened to CareRx’s price movement after its last earnings report?
CareRx reported an EPS of -C$0.01 in its last earnings report, beating expectations of -C$0.014. Following the earnings report the stock price went down -0.49%.
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
Strong Buy
Average Price Target:
C$3.83 (58.92% Upside)
C$3.83 (58.92% Upside)
Insider Transactions
Sold Shares
Worth C$97.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.44%
12-Months-Change
Fundamentals
Return on Equity
-4.73%
Trailing 12-Months
Asset Growth
-16.14%
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$3.83
▲(58.92% Upside)
Technical Analysis
Best Analysts Covering CRRX
1 Year
1 Year Success Rate
8/22 ratings generated profit
1 Year Average Return
-8.63%
reiterated a buy rating 2 months ago
Copying Justin Keywood's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of -8.63% per trade.
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