ARDT Stock Summary and Trading Ideas (Ardent Health Partners | NYSE:ARDT)

Ardent Health Partners Inc is an operator of hospitals and a provider of healthcare services in the United States. It provide both general and specialty services, including internal medicine, general surgery, cardiology, oncology, orthopedics, women's services, neurology, urology, and emergency services, within inpatient and ambulatory care settings. The company has one reportable segment: healthcare services that provides healthcare services primarily through its ownership and operation of hospitals, certain of which provide related healthcare services through physician practices, outpatient centers, and post-acute facilities. Ardent has 30 acute care hospitals, more than 200 sites of care that operates across six states: Texas, Oklahoma, New Mexico, New Jersey, Idaho, and Kansas.

Ardent Health Partners trades on the NYSE stock market under the symbol ARDT.

As of January 28, 2025, ARDT stock price declined to $14.88 with 98,193 million shares trading.

ARDT has a beta of 0.03, meaning it tends to be less sensitive to market movements. ARDT has a correlation of 0.00 to the broad based SPY ETF.

ARDT has a market cap of $2.12 billion. This is considered a Mid Cap stock.

Last quarter Ardent Health Partners reported $1 billion in Revenue and $.19 earnings per share. This met revenue expectation and missed earnings estimates by -$.11.

The top ETF exchange traded funds that ARDT belongs to (by Net Assets): IWM, IWO, VTWO, VTI, VB.

ARDT support price is $14.64 and resistance is $15.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ARDT shares will trade within this expected range on the day.