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.
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.
