Free Trial

Viemed Healthcare (NASDAQ:VMD) Stock Price Down 0.8% - Should You Sell?

Viemed Healthcare logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • Viemed's stock slipped 0.8% to $9.66 on Monday with 203,603 shares traded (about 20% below average); the stock trades near its 50‑day MA of $9.08 and has a market cap of ~$373 million and a P/E of 26.11.
  • The company reported an EPS beat of $0.14 vs. $0.12 expected but missed revenue ($76.18M vs. $77.70M), and sell‑side analysts project ~0.46 EPS for the current fiscal year.
  • Insiders have been net sellers—President Michael Moore sold 65,000 shares recently and insiders sold 136,802 shares last quarter—while the consensus analyst rating is Hold, though Wall Street Zen recently upgraded VMD to a "strong‑buy."
  • Five stocks to consider instead of Viemed Healthcare.

Viemed Healthcare, Inc. (NASDAQ:VMD - Get Free Report)'s stock price fell 0.8% during trading on Monday . The company traded as low as $9.62 and last traded at $9.66. 203,603 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 255,888 shares. The stock had previously closed at $9.74.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VMD. Wall Street Zen upgraded shares of Viemed Healthcare from a "buy" rating to a "strong-buy" rating in a research report on Saturday, February 14th. Zacks Research raised Viemed Healthcare to a "hold" rating in a research note on Thursday, January 8th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Viemed Healthcare in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Viemed Healthcare presently has a consensus rating of "Hold".

Check Out Our Latest Analysis on Viemed Healthcare

Viemed Healthcare Trading Down 0.8%

The stock has a fifty day moving average of $9.08 and a 200-day moving average of $7.78. The company has a market cap of $372.88 million, a PE ratio of 26.11 and a beta of 1.16. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.06 and a current ratio of 1.18.

Viemed Healthcare (NASDAQ:VMD - Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The business had revenue of $76.18 million for the quarter, compared to analyst estimates of $77.70 million. Viemed Healthcare had a return on equity of 10.72% and a net margin of 5.53%. Sell-side analysts anticipate that Viemed Healthcare, Inc. will post 0.46 EPS for the current fiscal year.

Insider Buying and Selling

In related news, President Michael Moore sold 65,000 shares of Viemed Healthcare stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $8.77, for a total transaction of $570,050.00. Following the completion of the sale, the president owned 1,585,812 shares in the company, valued at $13,907,571.24. This trade represents a 3.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have sold 136,802 shares of company stock valued at $1,237,976. Company insiders own 20.00% of the company's stock.

Hedge Funds Weigh In On Viemed Healthcare

A number of institutional investors have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new stake in shares of Viemed Healthcare during the fourth quarter valued at approximately $25,000. Kemnay Advisory Services Inc. bought a new position in Viemed Healthcare in the fourth quarter worth approximately $46,000. Quarry LP purchased a new position in Viemed Healthcare during the 3rd quarter worth $48,000. AQR Capital Management LLC purchased a new position in Viemed Healthcare during the 1st quarter worth $90,000. Finally, SG Americas Securities LLC bought a new stake in Viemed Healthcare during the 4th quarter valued at $101,000. 74.24% of the stock is owned by hedge funds and other institutional investors.

About Viemed Healthcare

(Get Free Report)

Viemed Healthcare, Inc NASDAQ: VMD is a provider of home-based respiratory therapy services, specializing in the management of patients requiring long-term mechanical ventilation and pulmonary support. The company’s offerings encompass invasive and noninvasive ventilation, airway clearance therapies, cough assist devices, and supplemental oxygen. Viemed combines durable medical equipment with clinical care, delivering tailored respiratory treatment plans that are overseen by licensed respiratory therapists and registered nurses.

Founded in the early 2010s and headquartered in Birmingham, Alabama, Viemed has grown its footprint to serve patients across multiple states in the United States.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Viemed Healthcare Right Now?

Before you consider Viemed Healthcare, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Viemed Healthcare wasn't on the list.

While Viemed Healthcare currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines