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AdaptHealth Corp. (AHCO)

Healthcare | Medical Devices | Conshohocken, United States | NasdaqCM
10.29 USD +0.07 (0.685%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 10.20 -0.09 (-0.090%) ⇩ (July 13, 2026, 6:48 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 5:43 a.m. EDT

The investment case for AdaptHealth is currently broken by a severe multi-year deterioration in both fundamentals and market sentiment. The company has suffered four consecutive years of negative annual returns, dragging the seven-year cumulative performance into the red despite a recent uptick in revenue growth. This persistent decline suggests the market views the business quality as eroding, a view reinforced by a precarious balance sheet where debt-to-equity exceeds 132x and operating margins are effectively zero. Compounding these structural issues is a complete absence of dividend income, leaving shareholders exposed to capital loss without any yield floor. While the forward P/E looks attractive at 8.7x, it is pricing in a turnaround that hasn't materialized yet, evidenced by negative trailing EPS and a lack of institutional confidence. Options data confirms this pessimism, with heavy put writing indicating a strong consensus for further downside. Until the company demonstrates sustained profitability and a reversal in its multi-year price trajectory, this remains a speculative hold with significant tail risks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_66_126 ✓0.115313
MSTL_660.115680
AutoTheta0.156072
MSTL_1260.166253
AutoETS0.168068
AutoARIMA0.168537
MSTL0.169101

Forecast horizon: 60 days | Selected: MSTL_66_126

Forecast Reliability
Score 36%
H-stat 6.07
Ljung-Box p 0.000
Jarque-Bera p 0.044
Excess Kurtosis -0.91
Attribute Value
Sector Healthcare
Debt to Equity Ratio 132.105
Revenue per Share 24.276
Market Cap 1,399,997,184
Forward P/E 8.76
Beta 1.45
Profit Margins -2.42%
Website https://adapthealth.com

As of July 11, 2026, 5:43 a.m. EDT: Speculators are overwhelmingly positioning for downside protection rather than upside participation. Put open interest dominates across nearly all expirations, with massive concentrations at strikes significantly below the current price (e.g., 7.5 and 2.5 strikes for January 2027). Call activity is sparse and heavily weighted toward out-of-the-money strikes, suggesting traders are betting on a continued decline or a sharp drop to test lower support levels rather than a recovery.


Info Dump

Attribute Value
52 Week Change 0.11450386
Address1 555 East North Lane
Address2 Suite 5075
All Time High 41.579
All Time Low 6.37
Ask 13.13
Ask Size 2
Audit Risk 9
Average Analyst Rating 1.6 - Buy
Average Daily Volume10 Day 1,555,670
Average Daily Volume3 Month 1,478,447
Average Volume 1,478,447
Average Volume10Days 1,555,670
Beta 1.453
Bid 7.54
Bid Size 2
Board Risk 4
Book Value 11.325
City Conshohocken
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.29
Current Ratio 0.925
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 10.53
Day Low 10.2345
Debt To Equity 132.105
Display Name AdaptHealth
Earnings Call Timestamp End 1,777,984,200
Earnings Call Timestamp Start 1,777,984,200
Earnings Timestamp 1,777,984,200
Earnings Timestamp End 1,785,846,600
Earnings Timestamp Start 1,785,846,600
Ebitda 582,608,000
Ebitda Margins 0.17726
Enterprise To Ebitda 5.716
Enterprise To Revenue 1.013
Enterprise Value 3,329,946,624
Eps Current Year 0.84073
Eps Forward 1.17417
Eps Trailing Twelve Months -0.59
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.5472
Fifty Day Average Change -0.25720024
Fifty Day Average Change Percent -0.02438564
Fifty Two Week Change Percent 11.450386
Fifty Two Week High 13.43
Fifty Two Week High Change -3.1400003
Fifty Two Week High Change Percent -0.23380494
Fifty Two Week Low 8.505
Fifty Two Week Low Change 1.7849998
Fifty Two Week Low Change Percent 0.20987652
Fifty Two Week Range 8.505 - 13.43
Financial Currency USD
First Trade Date Milliseconds 1,527,773,400,000
Float Shares 85,564,975
Forward Eps 1.17417
Forward P E 8.763638
Free Cashflow 267,899,632
Full Exchange Name NasdaqCM
Full Time Employees 10,900
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.20396
Gross Profits 670,353,984
Has Pre Post Market Data 1
Held Percent Insiders 0.081429996
Held Percent Institutions 1.06709
Implied Shares Outstanding 136,054,152
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Is Earnings Date Estimate 1
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 1,399,997,184
Market State PREPRE
Max Age 86,400
Message Board Id finmb_628604936
Most Recent Quarter 1,774,915,200
Net Income To Common -79,627,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,390,473,433
Number Of Analyst Opinions 8
Open 10.24
Operating Cashflow 599,966,016
Operating Margins 0.0067000003
Overall Risk 5
Payout Ratio 0.0
Phone 610 424 4515
Post Market Change -0.09000015
Post Market Change Percent -0.87463707
Post Market Price 10.2
Post Market Time 1,783,982,902
Previous Close 10.22
Price Eps Current Year 12.239364
Price Hint 2
Price To Book 0.9086093
Price To Sales Trailing12 Months 0.4259487
Profit Margins -0.024230001
Quick Ratio 0.614
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.625
Region US
Regular Market Change 0.0699997
Regular Market Change Percent 0.684929
Regular Market Day High 10.53
Regular Market Day Low 10.2345
Regular Market Day Range 10.2345 - 10.53
Regular Market Open 10.24
Regular Market Previous Close 10.22
Regular Market Price 10.29
Regular Market Time 1,783,972,801
Regular Market Volume 1,054,413
Return On Assets 0.02636
Return On Equity -0.048460003
Revenue Growth 0.054
Revenue Per Share 24.276
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 5
Shares Outstanding 136,054,152
Shares Percent Shares Out 0.0592
Shares Short 8,059,199
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 7,536,349
Short Name AdaptHealth Corp.
Short Percent Of Float 0.0783
Short Ratio 4.86
Source Interval 15
State PA
Symbol AHCO
Target High Price 16.0
Target Low Price 11.0
Target Mean Price 13.625
Target Median Price 14.0
Total Cash 47,964,000
Total Cash Per Share 0.36
Total Debt 2,000,706,944
Total Revenue 3,286,774,016
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.59
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.26445
Two Hundred Day Average Change 0.025549889
Two Hundred Day Average Change Percent 0.0024891628
Type Disp Equity
Volume 1,054,413
Website https://adapthealth.com
Zip 19,428