Almost Family, Inc. (NASDAQ:AFAM)

CAPS Rating: 4 out of 5

The Company and its subsidiaries is a regional provider of home health nursing services.


Player Avatar Langtima (25.95) Submitted: 6/20/2011 10:28:39 PM : Outperform Start Price: $33.10 AFAM Score: -66.32

I was beginning to question my position on this stock (bought at $35 a few months ago) but this article made me feel a bit better about doubting the Wall Street wisdom that is driving down this stock.

Member Avatar Langtima (25.95) Submitted: 8/4/2011 10:43:38 AM
Recs: 0

I'm pleased with the announced acquisition of Cambridge Home Health (PE of 7.6 - significantly lower than the PE I originally purchased AFAM at!), purchased with cash, rather than debt. As a privately held company, I wasn't able to track down financial information other than that disclosed in the announcement, but I did discover that this company is another growth engine that will only add to AFAM's strong growth in the years to come, and hopefully both will benefit from some synergies as they work through the acquisition. Excerpts from CHH website:
- Cambridge Home Health Care was named one of America's entrepreneurial growth leaders by Inc Magazine. The Inc 500 list is an annual ranking of the nation's fastest-growing private companies according to sales growth over the past five years.
- The Weatherhead 100 program honors the fastest and most consistently growing companies in Northeast Ohio. The annual list is compiled by the Weatherhead School of Management at Case Western Reserve University.
- The Business Growth Award was presented by Cascade Capital Corporation and honors companies in Summit, Medina, Stark, Portage, Wayne, Ashland and Holmes Counties that have experienced significant sales and employment growth.

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