AHCO
AdaptHealth Corp. Healthcare - Medical Devices Investor Relations →
AdaptHealth Corp. (AHCO) closed at $10.65 as of 2026-02-02, trading 12.9% below its 200-week moving average of $12.23. This places AHCO in the extreme value zone. The stock moved further from the line this week, up from -18.0% last week. The 14-week RSI sits at 64, indicating neutral momentum.
Over the past 353 weeks of data, AHCO has crossed below its 200-week moving average 6 times. On average, these episodes lasted 31 weeks. Historically, investors who bought AHCO at the start of these episodes saw an average one-year return of +16.5%.
With a market cap of $1442 million, AHCO is a small-cap stock. The company generates a free cash flow yield of 13.3%, which is notably high. Return on equity stands at 5.5%. The stock trades at 0.9x book value.
This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 6.8 years, a hypothetical investment of $100 in AHCO would have grown to $106, compared to $278 for the S&P 500. AHCO has returned 0.8% annualized vs 16.1% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 48.2% compound annual rate, with 2 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: AHCO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After AHCO Crosses Below the Line?
Across 6 historical episodes, buying AHCO when it crossed below its 200-week moving average produced an average return of +21.7% after 12 months (median -33.0%), compared to +17.2% for the S&P 500 over the same periods. 33% of those episodes were profitable after one year. After 24 months, the average return was -15.8% vs +47.7% for the index.
Each line shows $100 invested at the moment AHCO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
AHCO has crossed below its 200-week MA 6 times with an average 1-year return of +16.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2019 | Dec 2019 | 5 | 13.9% | +209.0% | +9.7% |
| Jan 2022 | Jul 2022 | 23 | 30.0% | +18.6% | -40.4% |
| Aug 2022 | Sep 2022 | 1 | 7.2% | -32.9% | -39.4% |
| Sep 2022 | Oct 2022 | 1 | 1.8% | -51.5% | -43.3% |
| Dec 2022 | Jan 2023 | 4 | 3.5% | -60.8% | -46.1% |
| Feb 2023 | Ongoing | 154+ | 66.5% | Ongoing | -33.4% |
| Average | 31 | — | +16.5% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02