Viemed Healthcare Stock Today

VMD Stock  USD 9.63  0.25  2.67%   

Performance

6 of 100

 
Low
 
High
Modest

Odds Of Distress

Less than 6

 
100  
 
Zero
Low
Viemed Healthcare is trading at 9.63 as of the 28th of March 2024, a 2.67 percent up since the beginning of the trading day. The stock's lowest day price was 9.63. Viemed Healthcare has only a 6 % chance of going through financial distress over the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Viemed Healthcare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
IPO Date
22nd of December 2017
Category
Healthcare
Classification
Health Care
Viemed Healthcare, Inc., through its subsidiaries, provides in-home durable medical equipment and post-acute respiratory healthcare services to patients in the United States. Viemed Healthcare, Inc. was founded in 2006 and is headquartered in Lafayette, Louisiana. The company has 38.76 M outstanding shares of which 202.48 K shares are at this time shorted by investors with about 1.69 days to cover. More on Viemed Healthcare

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Follow Valuation Options Odds of Bankruptcy
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Viemed Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Viemed Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Viemed Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Old NameViemed Healthcare Inc
Business ConcentrationHealth Care Providers & Services, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Management, Drugs, Healthcare, Health Care, Health Care Providers & Services, Medical Devices, Healthcare (View all Sectors)
Average Analyst Recommendation
Analysts covering Viemed Healthcare report their recommendations after researching Viemed Healthcare's financial statements, talking to executives and customers, or listening in on Viemed Healthcare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Viemed Healthcare. The Viemed consensus assessment is calculated by taking the average forecast from all of the analysts covering Viemed Healthcare.
Financial Strength
Based on the measurements of operating efficiency obtained from Viemed Healthcare's historical financial statements, Viemed Healthcare may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Viemed Healthcare is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06310.0665
Notably Down
Pretty Stable
Asset Turnover1.281.2094
Notably Up
Slightly volatile
Gross Profit Margin0.720.6087
Fairly Up
Slightly volatile
Total Current Liabilities20.2 M32 M
Way Down
Slightly volatile
Total Assets88.3 M154.1 M
Way Down
Slightly volatile
Total Current Assets32.3 M38.2 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities24.6 M46 M
Way Down
Slightly volatile
Viemed Healthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Viemed Healthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Viemed Healthcare's financial leverage. It provides some insight into what part of Viemed Healthcare's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Viemed Healthcare's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Viemed Healthcare deploys its capital and how much of that capital is borrowed.
Liquidity
Viemed Healthcare cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 10.27 M in debt with debt to equity (D/E) ratio of 0.06, which may show that the company is not taking advantage of profits from borrowing. Viemed Healthcare has a current ratio of 2.29, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Viemed Healthcare until it has trouble settling it off, either with new capital or with free cash flow. So, Viemed Healthcare's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Viemed Healthcare sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Viemed to invest in growth at high rates of return. When we think about Viemed Healthcare's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(504,688)
Viemed Healthcare (VMD) is traded on NASDAQ Exchange in USA. It is located in 625 East Kaliste Saloom Road, Lafayette, LA, United States, 70508 and employs 996 people. Viemed Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 352.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Viemed Healthcare's market, we take the total number of its shares issued and multiply it by Viemed Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Viemed Healthcare runs under Health Care Providers & Services sector within Health Care industry. The entity has 38.76 M outstanding shares of which 202.48 K shares are at this time shorted by investors with about 1.69 days to cover. Viemed Healthcare has about 21.92 M in cash with 46.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.57.
Check Viemed Healthcare Probability Of Bankruptcy
Ownership Allocation
Viemed Healthcare maintains a total of 38.76 Million outstanding shares. Over half of Viemed Healthcare's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Viemed Healthcare. Please watch out for any change in the institutional holdings of Viemed Healthcare as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Viemed Ownership Details

Viemed Stock Price Odds Analysis

What are Viemed Healthcare's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Viemed Healthcare jumping above the current price in 90 days from now is nearly 4.98%. The Viemed Healthcare probability density function shows the probability of Viemed Healthcare stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.2069. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Viemed Healthcare will likely underperform. Additionally, viemed Healthcare has an alpha of 0.0228, implying that it can generate a 0.0228 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.63HorizonTargetOdds Above 9.63
94.98%90 days
 9.63 
4.98%
Based on a normal probability distribution, the odds of Viemed Healthcare to move above the current price in 90 days from now is nearly 4.98 (This Viemed Healthcare probability density function shows the probability of Viemed Stock to fall within a particular range of prices over 90 days) .

Viemed Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Viemed Healthcare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Viemed Healthcare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Viemed Healthcare's value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
502.6 K
State Street Corporation2023-12-31
459.8 K
Tocqueville Asset Management L.p.2023-12-31
407.1 K
Geode Capital Management, Llc2023-12-31
380 K
Bard Associates Inc2023-12-31
338.3 K
Paradigm Capital Management, Inc.2023-12-31
320 K
Dimensional Fund Advisors, Inc.2023-12-31
319.7 K
Morgan Stanley - Brokerage Accounts2023-12-31
313.7 K
Raffles Associates Lp2023-09-30
313.4 K
Nantahala Capital Management, Llc2023-12-31
3.9 M
Thrivent Financial For Lutherans2023-12-31
3.3 M
View Viemed Healthcare Diagnostics

Viemed Healthcare Historical Income Statement

Viemed Healthcare Income Statement is one of the three primary financial statements used for reporting Viemed's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Viemed Healthcare revenue and expense. Viemed Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Viemed Healthcare's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Cost Of Revenue is expected to grow to about 76.6 M, whereas Selling General Administrative is forecasted to decline to about 50.5 M. View More Fundamentals

Viemed Stock Against Markets

Picking the right benchmark for Viemed Healthcare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Viemed Healthcare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Viemed Healthcare is critical whether you are bullish or bearish towards Viemed Healthcare at a given time. Please also check how Viemed Healthcare's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Viemed Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Viemed Healthcare Corporate Management

Elected by the shareholders, the Viemed Healthcare's board of directors comprises two types of representatives: Viemed Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Viemed. The board's role is to monitor Viemed Healthcare's management team and ensure that shareholders' interests are well served. Viemed Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Viemed Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
William ZehnderCOO DirectorProfile
Robert LLBCo SecProfile
Jeremy TrahanChief TransactionsProfile
Patrick EaganGeneral SecretaryProfile
William MDChief DirectorProfile
Casey HoytCEO DirectorProfile
Michael FreemanChief OfficerProfile

How to buy Viemed Stock?

Before investing in Viemed Healthcare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Viemed Healthcare. To buy Viemed Healthcare stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Viemed Healthcare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Viemed Healthcare stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Viemed Healthcare stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Viemed Healthcare stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Viemed Healthcare, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Viemed Stock please use our How to Invest in Viemed Healthcare guide.

Already Invested in Viemed Healthcare?

The danger of trading Viemed Healthcare is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Viemed Healthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Viemed Healthcare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Viemed Healthcare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Viemed Healthcare is a strong investment it is important to analyze Viemed Healthcare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Viemed Healthcare's future performance. For an informed investment choice regarding Viemed Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Viemed Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Viemed Healthcare's price analysis, check to measure Viemed Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viemed Healthcare is operating at the current time. Most of Viemed Healthcare's value examination focuses on studying past and present price action to predict the probability of Viemed Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viemed Healthcare's price. Additionally, you may evaluate how the addition of Viemed Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Viemed Healthcare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Viemed Healthcare. If investors know Viemed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Viemed Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.246
Earnings Share
0.25
Revenue Per Share
4.772
Quarterly Revenue Growth
0.353
Return On Assets
0.0713
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.