Ardent Health Partners, Inc. (ARDT)

NYSE: ARDT · Real-Time Price · USD
19.34
+0.68 (3.64%)
Oct 22, 2024, 4:00 PM EDT - Market closed
3.64%
Market Cap 2.76B
Revenue (ttm) 5.63B
Net Income (ttm) 86.50M
Shares Out 142.76M
EPS (ttm) 0.18
PE Ratio 108.64
Forward PE 11.82
Dividend n/a
Ex-Dividend Date n/a
Volume 222,359
Open 18.60
Previous Close 18.66
Day's Range 18.54 - 19.35
52-Week Range 15.00 - 20.72
Beta n/a
Analysts Strong Buy
Price Target 22.40 (+15.82%)
Earnings Date Nov 15, 2024

About ARDT

Ardent Health Partners, Inc. 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, Inc. is a subsidiary of EGI-AM Investments, L.L.C. [Read more]

Sector Healthcare
IPO Date Jul 18, 2024
Employees 23,000
Stock Exchange NYSE
Ticker Symbol ARDT
Full Company Profile

Financial Performance

In 2023, Ardent Health Partners's revenue was $5.41 billion, an increase of 5.45% compared to the previous year's $5.13 billion. Earnings were $53.90 million, a decrease of -71.47%.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ARDT stock is "Strong Buy." The 12-month stock price forecast is $22.4, which is an increase of 15.82% from the latest price.

Price Target
$22.4
(15.82% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ardent Health Partners With Qventus to Drive Strategic Perioperative Growth

NEW YORK--(BUSINESS WIRE)--Qventus, an industry titan in AI-based software that automates care operations, announced today that Ardent Health, a leading provider of healthcare services in communities ...

19 days ago - Business Wire

Ardent Health Added to Russell 2000® and 3000® Indexes

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health (NYSE: ARDT) has been added as a member of the broad-market Russell 3000® Index and Russell 2000®, effective Monday, September 23, 2024, as part of the...

22 days ago - Business Wire

Ardent Health Completes Term Loan Repricing

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health (NYSE: ARDT) today announced it has entered into an amendment to its term loan credit agreement with its lenders to reprice its term loans. The reprici...

4 weeks ago - Business Wire

Ardent Health Appoints Dave Styblo to Lead Investor Relations

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health (NYSE: ARDT) today announced the appointment of Dave Styblo as senior vice president of investor relations. In his new role, Styblo will oversee Ardent...

7 weeks ago - Business Wire

Ardent Health to Participate in the Morgan Stanley 22nd Annual Global Healthcare Conference

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (“Ardent Health” or the “Company”), a leading provider of healthcare in growing mid-sized urban communities across the U.S....

7 weeks ago - Business Wire

Ardent Health Reports Second Quarter 2024 Results

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (“Ardent Health” or the “Company”), a leading provider of healthcare in growing mid-sized urban communities across the U.S....

2 months ago - Business Wire

New Hospital Operator On The Block Ardent Health Garners Interest As Analysts Initiate With Bullish View

In July, Ardent Health Partners Inc. ARDT closed its initial public offering of 12 million at a public offering price of $16 per share, for total gross proceeds of approximately $192 million.

2 months ago - Benzinga

Ardent Health Announces Second Quarter 2024 Results Conference Call and Webcast Date

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (“Ardent Health” or the “Company”), a leading provider of healthcare in growing midsize urban communities across the U.S., ...

2 months ago - Business Wire

U.S. IPO Weekly Recap: Insurance And Healthcare Lead A 4 IPO Week

A handful of IPOs priced this past week, led by three sizable names. One large issuer joined both the pipeline and the calendar - Chile-based LATAM Airlines Group. Six IPOs are scheduled to list in th...

3 months ago - Seeking Alpha

Ardent Health Announces Closing of Its Initial Public Offering

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (NYSE: ARDT) (f/k/a Ardent Health Partners, LLC and collectively “Ardent Health” or the “Company”), a leading provider of healthcare in ...

3 months ago - Business Wire

Ardent Health falls 6% in lukewarm NYSE debut

Healthcare provider Ardent Health's shares opened 6% below their initial public offering price in their NYSE debut on Thursday, reflecting new investor caution with new listings amid rate cut uncertai...

3 months ago - Reuters

Ardent Health IPO: Stock price today as hospitals and healthcare provider debuts on the NYSE

Another high-profile healthcare-related IPO is taking place this week. Here's what you ned to know about Ardent Health Partners and its initial public offering:

3 months ago - Fast Company

Ardent Health prices US IPO below target range to raise $192 mln

Healthcare provider Ardent Health said on Wednesday it has set the pricing of its initial public offering below its targeted range to raise around $192 million.

3 months ago - Reuters

Ardent Health Announces Pricing of Initial Public Offering

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Ardent Health Partners, Inc. (f/k/a Ardent Health Partners, LLC and collectively, “Ardent Health”) today announced the pricing of its initial public offering of 12,0...

3 months ago - Business Wire

U.S. IPO Weekly Recap: 2 SPACs Debut In Quiet Post-Holiday Week

Two SPACs debuted this week, and one company completed an uplisting from the OTC. Meanwhile, three IPOs and two SPACs submitted initial filings this past week. After a quiet post-holiday week, the Jul...

Other symbols: BLMZTWFG
3 months ago - Seeking Alpha

Ardent Health targets valuation of about $3.15 billion in US IPO

Healthcare provider Ardent Health is targeting a valuation of about $3.15 billion in its initial public offering, it said on Monday, as the U.S. capital market continues to run hot by attracting new e...

3 months ago - Reuters

U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week

One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs ar...

Other symbols: INHILBRECTYSXT
4 months ago - Seeking Alpha

Ardent Health discloses over 5% rise in annual revenue in US IPO filing

Ardent Health Partners disclosed a more than 5% rise in revenue for 2023 on Friday, as the healthcare provider revealed its paperwork for an initial public offering in the United States.

4 months ago - Reuters

Ardent Health Partners files for IPO

Hospital operator Ardent Health Partners, which is backed by an investment firm founded by the late real-estate magnate Sam Zell, has filed for a initial public offering, according to regulatory docum...

4 months ago - Market Watch

Ardent Health Files Registration Statement for Proposed Initial Public Offering

Ardent Health Partners, LLC today announced it has publicly filed a registration statement on Form S-1...

4 months ago - Business Wire

Ardent Health Partners IPO Registration Document (S-1)

Ardent Health Partners has filed to go public with an IPO on the New York Stock Exchange (NYSE).

4 months ago - SEC