Chemed Stock Hurt by Roto-Rooter Softness, Macro Issues Dent Growth

Chemed (CHE) continues to be hurt by macroeconomic impacts on business, seasonality factors and the competitive landscape. The challenges within the Roto-Rooter business dented the third quarter result. The stock carries a Zacks Rank #4 (Sell) at present.Concerning Factors Pulling CHE Stock DownThe Roto-Rooter business has been navigating the ongoing headwinds in consumer sentiment and consumer spending within its sector. Recently, hit by the business’s ongoing challenges, management has decided to look for ...