Chemed Corp (CHE) Stock AnalysisCHEChemed Corp

Chemed Corporation is engaged in purchasing, operating, and divesting subsidiaries in diverse business activities. The Company's segment includes VITAS and the Roto-Rooter. The VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. It provides direct medical services to patients, as well as spiritual and emotional counseling to both patients and their families. The Roto-Rooter segment provides plumbing, drain cleaning, excavation, water restoration and other related services to residential and commercial customers. The Roto-Rooter services are provided through a network of Company-owned branches, independent contractors and franchisees. The Company's water restoration services involve the remediation of water and humidity after a flood and are provided to both commercial and residential customers. It operates in the Healthcare sector (SERVICES-HOME HEALTH CARE SERVICES industry).

Chemed Corp is currently trading at $523.38, which is below the analyst price target range of $510 to $590. However, the stock has an RSI of 35.22, indicating it may be oversold, and a forward P/E ratio of 22.17 suggests it is fairly valued compared to its growth prospects. The main risk is the significant insider selling, which has increased by 158.47% over the last quarter, indicating potential lack of confidence from insiders.

4 analysts cover CHE: 1 rate it Buy, 3 Hold and 0 Sell. The average price target is 547.33.