CareMax Inc

Company Profile

CareMax Inc had its IPO on 2021-06-09 under the ticker symbol CMAX.

The company operates in the Healthcare sector and Health Information Services industry. CareMax Inc has a staff strength of 1,500 employees.

Stock update

Shares of CareMax Inc opened at $2.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.12 - $2.25, and closed at $2.15.

This is a -0.92% slip from the previous day's closing price.

A total volume of 183,177 shares were traded at the close of the day’s session.

In the last one week, shares of CareMax Inc have slipped by -4.02%.

CareMax Inc's Key Ratios

CareMax Inc has a market cap of $421.00 million, indicating a price to book ratio of 0.7421 and a price to sales ratio of 0.5818.

In the last 12-months CareMax Inc’s revenue was $667.20 million with a gross profit of $80.30 million and an EBITDA of $-5746000. The EBITDA ratio measures CareMax Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, CareMax Inc’s operating margin was -4.34% while its return on assets stood at -2.07% with a return of equity of -19.98%.

In Q1, CareMax Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 26.3%.

CareMax Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.33 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into CareMax Inc’s profitability.

CareMax Inc stock is trading at a EV to sales ratio of 0.8191 and a EV to EBITDA ratio of -28.4273. Its price to sales ratio in the trailing 12-months stood at 0.5818.

CareMax Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.10 billion

Total Liabilities

$80.43 million

Operating Cash Flow

$-2286000.00

Capital Expenditure

$2.29 million

Dividend Payout Ratio

0%

CareMax Inc ended 2024 with $1.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.10 billion while shareholder equity stood at $539.76 million.

CareMax Inc ended 2024 with $0 in deferred long-term liabilities, $80.43 million in other current liabilities, 11000.00 in common stock, $-119672000.00 in retained earnings and $602.64 million in goodwill. Its cash balance stood at $44.22 million and cash and short-term investments were $44.22 million. The company’s total short-term debt was $35,720,000 while long-term debt stood at $260.64 million.

CareMax Inc’s total current assets stands at $210.00 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $158.99 million compared to accounts payable of $8.13 million and inventory worth $0.

In 2024, CareMax Inc's operating cash flow was $-2286000.00 while its capital expenditure stood at $2.29 million.

Comparatively, CareMax Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.15

52-Week High

$8.47

52-Week Low

$2.14

Analyst Target Price

$6.2

CareMax Inc stock is currently trading at $2.15 per share. It touched a 52-week high of $8.47 and a 52-week low of $8.47. Analysts tracking the stock have a 12-month average target price of $6.2.

Its 50-day moving average was $2.38 and 200-day moving average was $3.16 The short ratio stood at 15.8 indicating a short percent outstanding of 0%.

Around 3056.4% of the company’s stock are held by insiders while 6000.5% are held by institutions.