Shares of The Ensign Group, Inc. (NASDAQ:ENSG) have received a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $26.75.
A number of brokerages have recently weighed in on ENSG. BidaskClub raised The Ensign Group from a “sell” rating to a “hold” rating in a research report on Tuesday, February 13th. Zacks Investment Research raised The Ensign Group from a “hold” rating to a “buy” rating and set a $29.00 price target for the company in a research report on Friday, February 16th. Cantor Fitzgerald increased their price target on The Ensign Group from $23.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, November 9th. Stifel Nicolaus set a $22.00 price target on The Ensign Group and gave the company a “hold” rating in a research report on Friday, February 9th. Finally, SunTrust Banks set a $29.00 price target on The Ensign Group and gave the company a “buy” rating in a research report on Friday, February 9th.
Shares of The Ensign Group (ENSG) traded up $0.46 on Friday, reaching $27.57. The company’s stock had a trading volume of 145,817 shares, compared to its average volume of 240,931. The Ensign Group has a 12-month low of $16.50 and a 12-month high of $28.17. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.63 and a current ratio of 1.63. The firm has a market capitalization of $1,378.77, a price-to-earnings ratio of 35.67, a PEG ratio of 1.05 and a beta of 0.62.
The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.40. The Ensign Group had a return on equity of 13.87% and a net margin of 2.19%. The firm had revenue of $487.70 million for the quarter, compared to analyst estimates of $457.91 million. During the same period in the previous year, the firm earned $0.30 earnings per share. The company’s revenue was up 12.6% compared to the same quarter last year. equities research analysts expect that The Ensign Group will post 1.69 EPS for the current fiscal year.
In other The Ensign Group news, Director John G. Nackel sold 7,000 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $27.90, for a total value of $195,300.00. Following the completion of the transaction, the director now owns 84,232 shares in the company, valued at approximately $2,350,072.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Antoinette T. Hubenette sold 18,330 shares of the company’s stock in a transaction on Thursday, January 11th. The shares were sold at an average price of $23.70, for a total value of $434,421.00. Following the completion of the transaction, the director now owns 44,456 shares of the company’s stock, valued at approximately $1,053,607.20. The disclosure for this sale can be found here. Insiders sold a total of 122,310 shares of company stock valued at $3,042,794 in the last 90 days. Corporate insiders own 6.20% of the company’s stock.
Several hedge funds have recently bought and sold shares of ENSG. Voya Investment Management LLC grew its stake in shares of The Ensign Group by 10.5% during the 2nd quarter. Voya Investment Management LLC now owns 23,013 shares of the company’s stock worth $501,000 after acquiring an additional 2,189 shares during the period. State Street Corp grew its stake in shares of The Ensign Group by 5.5% during the 2nd quarter. State Street Corp now owns 1,289,881 shares of the company’s stock worth $28,076,000 after acquiring an additional 67,741 shares during the period. Crossmark Global Holdings Inc. bought a new position in shares of The Ensign Group during the 3rd quarter worth $220,000. New Amsterdam Partners LLC NY bought a new position in shares of The Ensign Group during the 3rd quarter worth $1,191,000. Finally, FDx Advisors Inc. bought a new position in shares of The Ensign Group during the 3rd quarter worth $444,000. Institutional investors own 85.53% of the company’s stock.
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The Ensign Group Company Profile
The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.
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