LON:CTHCareTech Share Price, Forecast & News

GBX 399

+19.00 (+5.00 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

378

Now: GBX 399▼

409

50-Day Range

370

MA: GBX 393.83▼

427

52-Week Range

285

Now: GBX 399▼

502

Volume139,004 shs

Average Volume57,192 shs

Market Capitalization£447.57 million

P/E Ratio21.80

Dividend Yield2.93%

BetaN/A

CareTech Holdings PLC and its subsidiaries provide social care and support services for children, young people, and adults in the United Kingdom. The company operates through two segments, Adult Services and Children Services. The Adult services segment provides individual tailor made solutions for people living in their own homes, residential care, or independent supported living schemes. This segment also provides specialist services to adults through a community based hospital, adult residential care homes, and independent supported living and community outreach. The Children Services segment offers foster care services for physically and intellectually disabled children; and support solutions for children with sensory impairments, as well as foster care family assessments and ongoing support to children who remain with their birth families and in their family homes. It also operates children residential care homes, including facilities for children with learning difficulties and emotional behavioral disorders; and small specialist schools. In addition, this segment offers pre-employment, development, and apprenticeship programs; and training and education services, as well as young people residential services. CareTech Holdings PLC was founded in 1993 and is headquartered in Potters Bar, the United Kingdom.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
CareTech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 562.50, CareTech has a potential upside of 41.0% from its current price of GBX 399.
Amount of Analyst Coverage
CareTech has only been the subject of 2 research reports in the past 90 days.

3.7 Community Rank

Outperform Votes
CareTech has received 384 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CareTech has received 134 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CareTech has received 74.13% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CareTech and other stocks. Vote “Outperform” if you believe CTH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CTH will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
CareTech is a leading dividend payer. It pays a dividend yield of 2.93%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CareTech does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of CareTech is 65.57 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CareTech insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for CareTech are expected to decrease by -100.00% in the coming year, from GBX 3,960 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CareTech is 21.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of CareTech is 21.80, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 26.33.
Price to Book Value per Share Ratio
CareTech has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.07 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Medical Care

Sub-IndustryN/A

SectorMedical

Current SymbolLON:CTH

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.caretech-uk.com

Phone+44-1707-601800

Debt

Debt-to-Equity Ratio95.51

Current Ratio0.81

Quick Ratio0.80

Price-To-Earnings

Trailing P/E Ratio21.80

Forward P/E Ratio0.10

P/E GrowthN/A

Sales & Book Value

Annual Sales£394.99 million

Price / Sales1.13

Cash FlowGBX 27.14 per share

Price / Cash Flow14.70

Book ValueGBX 306.70 per share

Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees5,560

Outstanding Shares112,173,000

Market Cap£447.57 million

Next Earnings Date6/18/2020 (Estimated)

OptionableNot Optionable

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CareTech (LON:CTH) Frequently Asked Questions

How has CareTech's stock been impacted by COVID-19 (Coronavirus)?

CareTech's stock was trading at GBX 422 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CTH shares have decreased by 5.5% and is now trading at GBX 399. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CareTech?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CareTech in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CareTech.

When is CareTech's next earnings date?

CareTech is scheduled to release its next quarterly earnings announcement on Thursday, June 18th 2020. View our earnings forecast for CareTech.

How often does CareTech pay dividends? What is the dividend yield for CareTech?

CareTech announced a dividend on Saturday, December 12th. Investors of record on Thursday, March 5th will be given a dividend of GBX 7.95 per share on Wednesday, May 6th. This represents a dividend yield of 1.79%. The ex-dividend date is Thursday, March 5th. This is a boost from CareTech's previous dividend of GBX 3.75. The official announcement can be accessed at this link. View CareTech's dividend history.

What price target have analysts set for CTH?

2 equities research analysts have issued 1 year price objectives for CareTech's shares. Their forecasts range from GBX 550 to GBX 575. On average, they expect CareTech's stock price to reach GBX 562.50 in the next year. This suggests a possible upside of 41.0% from the stock's current price. View analysts' price targets for CareTech.

Has CareTech been receiving favorable news coverage?

Headlines about CTH stock have been trending positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CareTech earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near future. View the latest news aboutCareTech.

Who are some of CareTech's key competitors?

Some companies that are related to CareTech include Healius (HLS), Rhoen Klinikum (RHK), Spire Healthcare Group (SPI), Virtus Health (VRT), Pacific Smiles Group (PSQ), Georgia Healthcare Group (GHG), CENTRIC HEALTH (CHH), Sanara MedTech (SMTI), Totally (TLY), Assure (IOM), Konekt (KKT), Brain Resource (BRC), NMC Health (NMC), Nobilis Health (HLTH) and Wellness and Beauty (WNB). View all competitors.

What other stocks do shareholders of CareTech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CareTech investors own include Cambian Group (CMBN), Sound Energy (SOU), Telford Homes (TEF), Adtalem Global Education (ATGE), Advanced Computer Software Group (ASW), ASOS (ASC), Arcontech Group (ARC), Alliance Pharma (APH), Global X Funds (AND) and Animalcare Group (ANCR).

Who are CareTech's key executives?

CareTech's management team includes the following people:

Mr. Farouq Sheikh, Founder & Exec. Chairman (Age 61)
Mr. Haroon Sheikh, Founder, CEO & Director (Age 63)
Gareth Dufton, Interim Group Fin. Director
Mr. John Ivers, Chief Operating Officer (Age 56)
Amanda Sherlock, Director of Compliance & Regulatory Management

What is CareTech's stock symbol?

CareTech trades on the London Stock Exchange (LON) under the ticker symbol "CTH."

How do I buy shares of CareTech?

Shares of CTH and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

What is CareTech's stock price today?

One share of CTH stock can currently be purchased for approximately GBX 399.

How big of a company is CareTech?

CareTech has a market capitalization of £447.57 million and generates £394.99 million in revenue each year. CareTech employs 5,560 workers across the globe.

What is CareTech's official website?

The official website for CareTech is www.caretech-uk.com.

How can I contact CareTech?

CareTech's mailing address is Metropolitan House, 3 Darkes Lane, POTTERS BAR, EN6 1AG, United Kingdom. The company can be reached via phone at +44-1707-601800.

This page was last updated on 5/28/2020 by MarketBeat.com Staff