National Healthcare (NHC) AI Stock Analysis

• Market Cap: $2.64B
• Dividend Yield: 1.8%
• Average Volume (3M): 80.31K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.59
• Revenue Growth: 23.74%
• EPS Growth: -18.99%
• Country: US
• Employees: 14,962
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Care Facilities
• EPS (TTM): 1.58
• Shares Outstanding: 15,541,309
• 10 Day Avg. Volume: 111,270
• 30 Day Avg. Volume: 80,310
• PEG Ratio: 1.03
• Price to Book (P/B): 1.98
• Price to Sales (P/S): 1.40
• P/FCF Ratio: 14.27
• Enterprise Value/Market Cap: 0.95
• Enterprise Value/Revenue: 1.66
• Enterprise Value/Gross Profit: 3.58
• Enterprise Value/Ebitda: 11.30
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 78 Outperform
• Price Target: $183.00 ▲(33.40% Upside)
• Action: Reiterated Date: 02/27/26
• Date: Action: Reiterated 02/27/26

The score is driven primarily by strong financial performance (improved profitability, solid cash generation, and very low leverage) and constructive technical momentum (price above key moving averages with positive MACD). Offsetting these strengths are a relatively higher P/E and a modest dividend yield, plus a near-term fundamental watch item of negative 2025 revenue growth.

Positive Factors

Improving cash generation

Sustained, materially stronger cash generation (OCF and FCF) improves the company’s ability to fund operations, cover capital needs, and sustain shareholder returns without relying on external financing. This structural cash conversion supports resilience across reimbursement cycles and strategic flexibility.

Negative Factors

Recent revenue decline

A return to top-line contraction signals persistent demand, reimbursement, or occupancy headwinds. Even modest revenue declines can pressure margins in labor-intensive care operations and limit the runway for margin recovery absent sustained census or rate improvements.

National Healthcare Business Overview & Revenue Model

Company Description

National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, homecare and hospice agencies, and a behavioral health hospital. Its skilled nursing...

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National HealthCare Corporation operates, manages, and provides services to skilled nursing facilities, assisted living facilities, independent living facilities, homecare and hospice agencies, and a behavioral health hospital. Its skilled nursing...

How the Company Makes Money

NHC generates revenue primarily through the provision of healthcare services, which are funded by government programs such as Medicare and Medicaid, as well as private pay sources. The company earns money through daily service fees charged to pati...

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NHC generates revenue primarily through the provision of healthcare services, which are funded by government programs such as Medicare and Medicaid, as well as private pay sources. The company earns money through daily service fees charged to pati...

National Healthcare Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.51B	1.30B	1.14B	1.07B	1.01B
Gross Profit	1.02B	487.01M	429.20M	388.11M	344.88M
EBITDA	213.72M	182.53M	131.10M	68.28M	191.56M
Net Income	120.02M	101.93M	66.80M	22.45M	138.59M
Balance Sheet
Total Assets	1.53B	1.52B	1.31B	1.28B	1.40B
Cash, Cash Equivalents and Short-Term Investments	309.18M	216.19M	223.62M	182.59M	256.02M
Total Debt	87.07M	214.77M	93.39M	125.94M	166.66M
Total Liabilities	451.90M	541.27M	400.32M	397.94M	494.94M
Stockholders Equity	1.07B	980.16M	908.75M	874.28M	903.00M
Cash Flow
Free Cash Flow	148.63M	79.70M	83.31M	-21.46M	23.00M
Operating Cash Flow	185.08M	107.30M	111.22M	8.74M	62.39M
Investing Cash Flow	-33.86M	-236.69M	-17.57M	-5.98M	-65.89M
Financing Cash Flow	-135.96M	100.34M	-42.55M	-47.64M	-35.26M

National Healthcare Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 137.18
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NHC, the sentiment is Positive. The current price of 137.18 is below the 20-day moving average (MA) of 163.23, below the 50-day MA of 161.94, and above the 200-day MA of 130.25, indicating a bullish trend. The MACD of 2.61 indicates Negative momentum. The RSI at 49.92 is Neutral, neither overbought nor oversold. The STOCH value of 57.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NHC.

National Healthcare Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NHC	78 Outperform	$2.64B	17.67	11.57%	1.80%	23.74%	-18.99%
ADUS	75 Outperform	$1.77B	20.66	9.24%	―	18.77%	6.88%
SEM	62 Neutral	$2.03B	12.54	5.57%	1.69%	-22.96%	-59.35%
ACHC	55 Neutral	$2.44B	-1.17	-39.42%	―	4.58%	-61.50%
BKD	53 Neutral	$3.23B	-9.62	-523.78%	―	3.93%	-42.22%
AVAH	53 Neutral	$1.40B	7.31	953.09%	―	15.48%	―
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

National Healthcare Corporate Events