Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
CareRx (TSE:CRRX)
TSX:CRRX
CareRx (CRRX) Stock Price & Analysis
64 Followers
CRRX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.10 - C$2.43
Previous CloseC$2.31
Volume16.34K
Average Volume (3M)12.75K
Market Cap
C$138.09M
Enterprise ValueC$228.92M
Total Cash (Recent Filing)C$7.03M
Total Debt (Recent Filing)C$97.86M
Price to Earnings (P/E)-23.8
Beta0.76
Next Earnings
May 08, 2024EPS Estimate
-C$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding59,857,708
10 Day Avg. Volume15,885
30 Day Avg. Volume12,750
Standard Deviation0.16
R-Squared0.07
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-4.10
Price to Sales (P/S)0.37
Price to Cash Flow (P/CF)3.80
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.27Price Target Upside84.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
CareRx News
PremiumCompany Announcements
CareRx Showcases Innovation to Ontario Leaders
PremiumCompany Announcements
Carebook’s Revenue Up, Losses Narrow in 2023
PremiumCompany Announcements
CareRx Hails Ontario’s Hold on Fee Cuts
PremiumCompany Announcements
CareRx Corporation Launches Share Buyback Plan
PremiumCompany Announcements
CareRx Delivers Growth and Successful Refinancing
PremiumCompany Announcements
CareRx Corporation Announces Q4 Results CallBulls Say, Bears Say
Bulls Say
Financial HealthSimplified balance sheet with recent debt extinguishment provides financial flexibility and cost savings, improving the company’s financial health.
Market PresenceThe company maintains a leading competitive position in the senior care pharmacy space in Canada, suggesting a strong market presence.
Operational EfficiencyThe implementation of BD Rowa automated, high-volume packaging technology is expected to double capacity by the end of F2024, further driving efficiency.
Bears Say
Revenue And Service MixRevenues declined due to fewer beds serviced and a change in the mix of branded and generic pharmaceuticals dispensed.
Revenue ChallengesThere was a decline in average number of beds serviced and a decrease in revenue per bed, indicating a short-term challenge in revenue generation.
Service DeclineAverage beds serviced this quarter declined for the second quarter in a row.
---
CRRX FAQ
What was CareRx’s price range in the past 12 months?
CareRx lowest stock price was C$1.10 and its highest was C$2.43 in the past 12 months.
What is CareRx’s market cap?
Currently, no data Available
When is CareRx’s upcoming earnings report date?
CareRx’s upcoming earnings report date is May 08, 2024 which is in 13 days.
How were CareRx’s earnings last quarter?
CareRx released its earnings results on Mar 07, 2024. The company reported -C$0.06 earnings per share for the quarter, missing the consensus estimate of -C$0.016 by -C$0.044.
Is CareRx overvalued?
According to Wall Street analysts CareRx’s price is currently Undervalued.
Does CareRx pay dividends?
CareRx does not currently pay dividends.
What is CareRx’s EPS estimate?
CareRx’s EPS estimate is -C$0.01.
How many shares outstanding does CareRx have?
CareRx has 59,831,093 shares outstanding.
What happened to CareRx’s price movement after its last earnings report?
CareRx reported an EPS of -C$0.06 in its last earnings report, missing expectations of -C$0.016. Following the earnings report the stock price went up 2.941%.
Which hedge fund is a major shareholder of CareRx?
Currently, no hedge funds are holding shares in TSE:CRRX
---
CareRx Stock Smart Score
Not Ranked
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$4.27 (84.05% Upside)
C$4.27 (84.05% Upside)
Insider Transactions
Bought Shares
Worth C$71.3K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.31%
12-Months-Change
Fundamentals
Return on Equity
-7.40%
Trailing 12-Months
Asset Growth
-12.34%
Trailing 12-Months
Company Description
CareRx
CareRx Corp is a provider of specialty pharmacy services to seniors. It serves more than 50,000 residents in over 850 seniors and other communities (long-term care homes, retirement homes, assisted living facilities, and group homes). The company is a national organization with a large network of pharmacy fulfillment centres strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education, and medication system quality and efficiency.
---
CRRX Stock 12 Months Forecast
Average Price Target
C$4.27
▲(84.05% Upside)
Technical Analysis
Best Analysts Covering CRRX
1 Year
1 Year Success Rate
9/21 ratings generated profit
1 Year Average Return
-8.48%
reiterated a buy rating 2 months ago
Copying Justin Keywood's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of -8.48% per trade.
---