CareRx stock analysis
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CareRx (CRRX) Stock Price & Analysis
CRRX Stock Chart & Stats
- Day’s Range
- CAD 3.00 - CAD 3.23
- 52-Week Range
- CAD 3.00 - CAD 4.00
- Previous Close
- CAD 3.16
- Volume
- N/A
- Average Volume (3M)
- 69.23K
- Market Cap
- CAD 200.54M
- Enterprise Value
- CAD 274.96M
- Total Cash (Recent Filing)
- CAD 10.65M
- Total Debt (Recent Filing)
- CAD 77.61M
- Price to Earnings (P/E)
- 7.8
- Beta
- 0.06
- Next Earnings
- Mar 10, 2027 (Est.)
- EPS Estimate
- 0.04
- Next Dividend Ex-Date
- Dec 14, 2026
- Dividend Yield
- 2.59%
Bulls Say, Bears Say
Bulls Say
Profitability Turnaround
The transition from several years of losses to sustained profitability improves CareRx’s ability to fund operations and reinvest in growth. Stable net and EBITDA margins also indicate that the expanded platform is generating meaningful earnings power, although continued execution will determine how durable the improvement becomes.
Expanding Serviced-bed Platform
Growth in serviced beds directly expands the recurring operating base for CareRx’s pharmacy and clinical services. The successful national onboarding also demonstrated network capacity and supports further organic growth by showing that the company can absorb sizeable contracts across multiple communities.
Improved Leverage And Financing Flexibility
Lower leverage and a longer-term credit structure give CareRx more financial flexibility than its stressed 2022–2023 position. Dedicated funding capacity can support acquisitions and investment while the 0.9x net-debt-to-EBITDA level provides a comparatively conservative base for pursuing measured growth.
Bears Say
Slowing Cash-flow Momentum
Positive cash generation remains an important strength, but the recent decline in operating cash flow and TTM free cash flow reduces the funds available for debt reduction, acquisitions and shareholder returns. Historically moderate debt coverage further limits flexibility if operating performance weakens.
Margin Pressure From Onboarding And Labor Costs
Costs incurred before newly onboarded beds reach full productivity can temporarily dilute margins and make earnings conversion less predictable. Although management expects efficiency benefits from the completed onboarding, labor and implementation timing remain important factors for sustaining profitability over coming quarters.
Lumpy Timing Of New Business Wins
Uneven contract timing can make revenue and bed growth less predictable even when the underlying pipeline is attractive. Delayed wins may leave capacity and onboarding investments ahead of revenue, creating quarter-to-quarter variability and making sustained growth dependent on consistent execution across new customers.
CareRx News
CRRX FAQ
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CareRx Stock Smart Score
Company Description
CareRx
CareRx Corporation, operating with its subsidiaries, specializes in delivering tailored pharmaceutical services to Canada's senior demographic. The company manages a vast network of medication dispensing facilities, which are responsible for providing chronic prescriptions and a variety of other advanced clinical pharmacy solutions. Currently, it caters to approximately 50,000 individuals residing in roughly 900 distinct senior and communal living environments, including extended care residences, retirement communities, supportive living facilities, and group homes. Founded in 2001 and based in Toronto, Canada, the corporation rebranded as CareRx Corporation in June 2020, having formerly been known as Centric Health Corporation.
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- CEO
- Puneet Khanna
- Employees
- 1,483
- Website
- www.carerx.ca
- Address
- 320 Bay Street, Toronto, ON, M5H 4A6, CA
CareRx (CRRX) Earnings & Revenues
CRRX Earnings Call
Earnings Call SentimentPositive
The call was broadly positive. CareRx delivered revenue growth, increased beds serviced, successfully onboarded approximately 3,000 beds, secured refinancing capacity, maintained conservative leverage and continued returning capital to shareholders. These positives were tempered by lower year-over-year adjusted EBITDA and net income, reduced cash from operations, onboarding-related margin pressure, lumpy timing for additional wins and higher fuel costs. Highlights significantly outweighed the stated challenges.
View all TSE:CRRX earnings summariesCRRX Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 5 | 3 | 14 |
| Technical Analysis | 5 | 3 | 2 |
| Moving Averages | 0 | 0 | 12 |












