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Enhabit Inc (NYSE: EHAB) closed the day trading at $8.29 down -14.54% from the previous closing price of $9.70. In other words, the price has decreased by -$14.54 from its previous closing price. On the day, 3.22 million shares were traded. EHAB stock price reached its highest trading level at $8.85 during the session, while it also had its lowest trading level at $7.545.
Ratios:
For a better understanding of EHAB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.85.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on May-10-24, Downgraded its rating to Hold and sets its target price to $8.75 from $14 previously.
On March 07, 2024, UBS Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $9.50.
On December 12, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $12.TD Cowen initiated its Market Perform rating on December 12, 2023, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 415791584 and an Enterprise Value of 1088669952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 1.043 whereas that against EBITDA is 16.057.
Stock Price History:
The Beta on a monthly basis for EHAB is 1.45, which has changed by -0.2421875 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. 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 -19.80%, while the 200-Day Moving Average is calculated to be -21.07%.
Shares Statistics:
Over the past 3-months, EHAB traded about 562.10K shares per day on average, while over the past 10 days, EHAB traded about 301800 shares per day. A total of 50.05M shares are outstanding, with a floating share count of 44.02M. Insiders hold about 12.24% of the company’s shares, while institutions hold 104.31% stake in the company. Shares short for EHAB as of 1713139200 were 3090431 with a Short Ratio of 5.50, compared to 1710460800 on 4231362. Therefore, it implies a Short% of Shares Outstanding of 3090431 and a Short% of Float of 10.229999600000001.
Earnings Estimates
The dynamic stock of Enhabit Inc (EHAB) is currently being evaluated by a team of 9.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.07 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 9.0 analysts recommending between $0.42 and $0.13.
Revenue Estimates
9 analysts predict $262.4M in revenue for the current quarter. 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 $271.45MFor the next quarter, 9 analysts are estimating revenue of $269.63M. There is a high estimate of $276.14M for the next quarter, whereas the lowest estimate is $266.53M.
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 $1.05BBased 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.
