Zacks Investment Research released a value-stock screen for July, identifying seven highly ranked stocks, including Aveanna Healthcare Holdings. The screen filters for Zacks Rank #1 or #2 stocks with price-to-earnings and price-to-sales ratios below their industry medians, along with strong quarterly earnings growth and positive estimate revisions. Aveanna, a home healthcare provider serving roughly 80,000 patients across nearly 40 states, recently beat first-quarter earnings estimates by 42% and raised guidance, marking its fourth straight beat-and-raise quarter. The company completed its acquisition of Family First Holding in early June, adding 27 locations in seven states. Aveanna trades at a 30% discount to its industry with a forward price-to-earnings ratio of 12.6, despite its stock soaring 250% over the past two years.
Aveanna Healthcare Holdings IncIdentified as top value stock by Zacks screen, with strong earnings beat, raised guidance, and attractive valuation.