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AdaptHealth Corp. (AHCO)

Healthcare | Medical Devices | Conshohocken, United States | NasdaqCM
5.79 USD -0.01 (-0.172%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 5.77 -0.02 (-0.020%) ⇩ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3 a.m. EDT

The investment case for AdaptHealth is currently broken by a perfect storm of legal peril and deteriorating fundamentals. The company is facing active shareholder investigations, which creates an immediate overhang that suppresses valuation regardless of operational performance. Fundamentally, the business is bleeding value; it is trading at a forward P/E of negative infinity due to losses, has a negative return on equity, and is burning cash. The price action confirms this distress, with the stock down nearly 50% over the last seven years and missing recent earnings estimates, leading to a sharp 25% drop in the latest quarter. While the stock trades at a fraction of book value, this discount reflects the severe risks of litigation and the inability to generate sustainable profits. With no dividend to provide income and a balance sheet weighed down by significant debt, there is no margin of safety here. The recent news of selling off the diabetes business for $235 million is a sign of life support, not growth. Until the legal clouds clear and profitability is restored, this remains a speculative trap.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.176485
MSTL0.179980
AutoETS0.180945
AutoTheta0.180974

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 26%
H-stat 280.74
Ljung-Box p 0.000
Jarque-Bera p 0.009
Excess Kurtosis -0.75
Attribute Value
Sector Healthcare
Debt to Equity Ratio 148.969
Revenue per Share 24.791
Market Cap 787,753,472
Forward P/E -45.23
Beta 1.46
Profit Margins -6.79%
Website https://adapthealth.com

As of Aug. 22, 2026, 3 a.m. EDT: Options activity reveals a distinct 'long gamma' setup where traders are betting on continued volatility rather than a specific directional breakout. Call Open Interest is heavily concentrated at strikes significantly above the current price (7.5, 10.0, 12.5), while Put Open Interest is stacked even further out (15.0). This structure suggests speculators expect the stock to remain range-bound or decline further, avoiding the immediate strikes where a bounce would occur. The massive volume in out-of-the-money calls indicates a hope for a recovery, but the lack of near-term call support implies skepticism about a quick rebound.


Info Dump

Attribute Value
52 Week Change -0.36612022
Address1 555 East North Lane
Address2 Suite 5075
All Time High 41.579
All Time Low 5.21
Ask 5.84
Ask Size 1
Audit Risk 10
Average Analyst Rating 1.1 - Strong Buy
Average Daily Volume10 Day 2,570,410
Average Daily Volume3 Month 2,421,553
Average Volume 2,421,553
Average Volume10Days 2,570,410
Beta 1.461
Bid 4.17
Bid Size 2
Board Risk 4
Book Value 10.336
City Conshohocken
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 5.79
Current Ratio 1.124
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 5.885
Day Low 5.77
Debt To Equity 148.969
Display Name AdaptHealth
Earnings Call Timestamp End 1,785,846,600
Earnings Call Timestamp Start 1,785,846,600
Earnings Timestamp 1,785,846,600
Earnings Timestamp End 1,793,709,000
Earnings Timestamp Start 1,793,709,000
Ebitda 583,473,024
Ebitda Margins 0.17347999
Enterprise To Ebitda 4.805
Enterprise To Revenue 0.833
Enterprise Value 2,803,363,072
Eps Current Year -0.454
Eps Forward -0.128
Eps Trailing Twelve Months -1.71
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.763
Fifty Day Average Change -2.9729996
Fifty Day Average Change Percent -0.33926734
Fifty Two Week Change Percent -36.612022
Fifty Two Week High 13.43
Fifty Two Week High Change -7.6400003
Fifty Two Week High Change Percent -0.5688757
Fifty Two Week Low 5.21
Fifty Two Week Low Change 0.5799999
Fifty Two Week Low Change Percent 0.11132436
Fifty Two Week Range 5.21 - 13.43
Financial Currency USD
First Trade Date Milliseconds 1,527,773,400,000
Float Shares 85,768,750
Forward Eps -0.128
Forward P E -45.23437
Free Cashflow -80,691,504
Full Exchange Name NasdaqCM
Full Time Employees 10,900
Fullday Change -0.0100002
Fullday Change Percent -0.172418
Fullday Price 5.77
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.19174999
Gross Profits 644,931,968
Has Pre Post Market Data 1
Held Percent Insiders 0.08140001
Held Percent Institutions 1.08784
Implied Shares Outstanding 136,054,152
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary AdaptHealth Corp., together with its subsidiaries, distributes home medical equipment (HME), medical supplies, and home and related services in the United States. It operates through Sleep Health, Respiratory Health, Diabetes Health, and Wellness at Home segments. The company offers sleep therapy equipment, supplies, and related services, such as continuous positive airway pressure and BiLevel services to individuals suffering from obstructive sleep apnea; oxygen and home mechanical ventilation equipment and supplies and related chronic therapy services; and medical devices, including continuous glucose monitors and insulin pumps for the treatment of diabetes; HME to patients discharged from acute care and other facilities; and other HME devices and supplies. It also provides PAP machines, wheelchairs, hospital beds, oxygen concentrators, ventilators, insulin pumps, diabetes management and wound care supplies, orthopedic bracing, breast pumps and supplies, walkers, commodes, enteral supplies, and incontinence supplies. The company services beneficiaries of Medicare, Medicaid, and commercial insurance payors. AdaptHealth Corp. was founded in 2012 and is headquartered in Conshohocken, Pennsylvania.
Long Name AdaptHealth Corp.
Market us_market
Market Cap 787,753,472
Market State CLOSED
Max Age 86,400
Message Board Id finmb_628604936
Most Recent Quarter 1,782,777,600
Net Income To Common -231,095,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 771,771,996
Number Of Analyst Opinions 7
Open 5.8
Operating Cashflow 583,273,984
Operating Margins 0.00842
Overall Risk 5
Payout Ratio 0.0
Phone 610 424 4515
Post Market Change -0.01999998
Post Market Change Percent -0.3454228
Post Market Price 5.77
Post Market Time 1,787,961,576
Previous Close 5.8
Price Eps Current Year -12.753304
Price Hint 2
Price To Book 0.560178
Price To Sales Trailing12 Months 0.23421414
Profit Margins -0.06786
Quick Ratio 0.636
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.14286
Region US
Regular Market Change -0.0100002
Regular Market Change Percent -0.172418
Regular Market Day High 5.885
Regular Market Day Low 5.77
Regular Market Day Range 5.77 - 5.885
Regular Market Open 5.8
Regular Market Previous Close 5.8
Regular Market Price 5.79
Regular Market Time 1,787,947,201
Regular Market Volume 1,758,115
Return On Assets 0.02279
Return On Equity -0.15224
Revenue Growth 0.127
Revenue Per Share 24.791
Sand P52 Week Change 0.1966995
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 5
Shares Outstanding 136,054,152
Shares Percent Shares Out 0.056999996
Shares Short 7,603,417
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 8,014,254
Short Name AdaptHealth Corp.
Short Percent Of Float 0.0758
Short Ratio 2.2
Source Interval 15
State PA
Symbol AHCO
Target High Price 10.0
Target Low Price 7.0
Target Mean Price 9.14286
Target Median Price 10.0
Total Cash 43,289,000
Total Cash Per Share 0.324
Total Debt 2,065,088,000
Total Revenue 3,363,389,952
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.71
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.0821
Two Hundred Day Average Change -4.2921
Two Hundred Day Average Change Percent -0.42571488
Type Disp Equity
Volume 1,758,115
Website https://adapthealth.com
Zip 19,428