The closing price of Enhabit Inc (NYSE: EHAB) was $11.56 for the day, up 1.94% from the previous closing price of $11.34. In other words, the price has increased by $+0.22 from its previous closing price. On the day, 636589 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
Our analysis of EHAB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.86.
On December 12, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $12.
On June 20, 2023, SVB Securities started tracking the stock assigning a Underperform rating and target price of $10.SVB Securities initiated its Underperform rating on June 20, 2023, with a $10 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 01 ’24 when Langham Ronald Leroy JR sold 634 shares for $8.81 per share. The transaction valued at 5,586 led to the insider holds 57,164 shares of the business.
Bolton Jeffrey bought 2,000 shares of EHAB for $23,220 on May 26 ’23. The Director now owns 19,597 shares after completing the transaction at $11.61 per share. On May 22 ’23, another insider, SHAW L EDWARD JR, who serves as the Director of the company, bought 10,000 shares for $11.98 each. As a result, the insider paid 119,800 and bolstered with 38,989 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EHAB now has a Market Capitalization of 579.80M and an Enterprise Value of 1.16B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.11 whereas that against EBITDA is -70.45.
Stock Price History:
Over the past 52 weeks, EHAB has reached a high of $14.59, while it has fallen to a 52-week low of $7.12. The 50-Day Moving Average of the stock is 9.96, while the 200-Day Moving Average is calculated to be 10.78.
Shares Statistics:
EHAB traded an average of 625.99K shares per day over the past three months and 629.78k shares per day over the past ten days. A total of 50.05M shares are outstanding, with a floating share count of 43.93M. Insiders hold about 12.24% of the company’s shares, while institutions hold 105.44% stake in the company. Shares short for EHAB as of Feb 29, 2024 were 5.14M with a Short Ratio of 6.76, compared to 4.39M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.24% and a Short% of Float of 14.00%.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.01, while EPS last year was $0.09. The consensus estimate for the next quarter is $0.05, with high estimates of $0.08 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.33 and $0.18 for the fiscal current year, implying an average EPS of $0.25. EPS for the following year is $0.31, with 9 analysts recommending between $0.42 and $0.13.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 9 analysts. It ranges from a high estimate of $274.48M to a low estimate of $263.6M. As of the current estimate, Enhabit Inc’s year-ago sales were $271.45M, an estimated decrease of -1.30% from the year-ago figure.
A total of 9 analysts have provided revenue estimates for EHAB’s current fiscal year. The highest revenue estimate was $1.09B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $1.05B, up 3.70% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.13B in the next fiscal year. The high estimate is $1.16B and the low estimate is $1.11B. The average revenue growth estimate for next year is up 4.50% from the average revenue estimate for this year.
