Enhabit, Inc. (NYSE:EHAB - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $10.79 and last traded at $10.75, with a volume of 23987 shares changing hands. The stock had previously closed at $10.62.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a "buy" rating on shares of Enhabit in a report on Thursday, March 6th.
View Our Latest Analysis on Enhabit
Enhabit Price Performance
The business's 50 day simple moving average is $9.01 and its 200-day simple moving average is $8.50. The stock has a market capitalization of $546.63 million, a price-to-earnings ratio of -4.65 and a beta of 1.80. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.85.
Enhabit (NYSE:EHAB - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.03. Enhabit had a negative net margin of 11.24% and a positive return on equity of 1.67%. The business had revenue of $259.90 million for the quarter, compared to analysts' expectations of $266.11 million. On average, research analysts forecast that Enhabit, Inc. will post 0.22 earnings per share for the current year.
Institutional Trading of Enhabit
Institutional investors and hedge funds have recently modified their holdings of the business. Strs Ohio bought a new position in Enhabit in the first quarter valued at about $82,000. Acadian Asset Management LLC acquired a new stake in shares of Enhabit in the 1st quarter valued at approximately $114,000. Empowered Funds LLC grew its holdings in shares of Enhabit by 8.4% during the 1st quarter. Empowered Funds LLC now owns 190,514 shares of the company's stock valued at $1,675,000 after purchasing an additional 14,690 shares during the last quarter. Jones Financial Companies Lllp increased its position in Enhabit by 110,987.5% during the 1st quarter. Jones Financial Companies Lllp now owns 8,887 shares of the company's stock worth $78,000 after purchasing an additional 8,879 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Enhabit by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,813 shares of the company's stock valued at $262,000 after purchasing an additional 1,248 shares during the last quarter.
Enhabit Company Profile
(
Get Free Report)
Enhabit, Inc provides home health and hospice services in the United States. Its home health services include patient education, pain management, wound care and dressing changes, cardiac rehabilitation, infusion therapy, pharmaceutical administration, and skilled observation and assessment services; practices to treat chronic diseases and conditions, including diabetes, hypertension, arthritis, Alzheimer's disease, low vision, spinal stenosis, Parkinson's disease, osteoporosis, complex wound care and chronic pain, along with disease-specific plans for patients with diabetes, congestive heart failure, post-orthopedic surgery, or injury and respiratory diseases; and physical, occupational and speech therapists provide therapy services.
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