Streetbeat News

ARDT

Ardent Health Partners, LLC

https://www.ardenthealth.com

Industry

Medical - Care Facilities

Ardent Health Partners, LLC owns and operates a network of hospitals and clinics that provides a range of healthcare services in the United States. It operates acute care hospitals, including rehabilitation hospitals and surgical hospitals. The company was founded in 2001 and is based in Brentwood, Tennessee. Ardent Health Partners, LLC is a subsidiary of EGI-AM Investments, L.L.C.

Open

17.60

Mkt cap

2.3B

Volume

336K

High

17.60

P/E Ratio

27.75

52-wk high

20.72

Low

16.28

Div yield

N/A

52-wk low

14.57

Stephens & Co. analyst Scott Fidel has reiterated an Overweight rating on Ardent Health Partners (NYSE:ARDT) and maintained a $24 price target.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 12:37 pm

Ardent Health has announced its financial expectations for FY24, projecting total revenue between $5.75 billion and $5.90 billion and earnings per share (EPS) between $1.23 and $1.37.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 8:52 pm

Ardent Health Partners (NYSE:ARDT) reported a 30.77% increase in Q2 GAAP EPS to $0.34, up from $0.26 YoY. Sales rose by 7.45% to $1.47 billion from $1.37 billion YoY.

Portfolio Pulse from saritha@benzinga.com

August 14, 2024 | 8:32 pm

Ardent Health Partners shares are trading higher after multiple analysts initiated coverage on the stock with bullish ratings.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 6:14 pm

Ardent Health Partners Inc. (NYSE: ARDT) has garnered positive attention from analysts following its IPO. RBC Capital Markets and Truist Securities have initiated coverage with bullish ratings, citing strong growth potential, market position, and financial flexibility. The stock is up 4.19% at $16.30.

Portfolio Pulse from Vandana Singh

August 12, 2024 | 6:07 pm

B of A Securities has initiated coverage on Ardent Health Partners (NYSE:ARDT) with a Buy rating and a price target of $22.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 5:20 pm

RBC Capital has initiated coverage on Ardent Health Partners (NYSE:ARDT) with an Outperform rating and a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 2:30 pm

Citigroup has initiated coverage on Ardent Health Partners (NYSE:ARDT) with a Buy rating and set a price target of $21.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:22 pm

Loop Capital has initiated coverage on Ardent Health Partners (NYSE:ARDT) with a Buy rating and set a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:01 pm

Leerink Partners has initiated coverage on Ardent Health Partners (NYSE:ARDT) with an Outperform rating and a price target of $23.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 10:53 am

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