The Ensign Group, Inc. (NASDAQ:ENSG) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• The Ensign Group, Inc. has received a consensus rating of "Moderate Buy" from analysts, with an average 1-year price target of $172.67.
• The company recently reported $1.59 EPS for the quarter, exceeding analyst estimates, and experienced an 18.5% year-over-year revenue growth.
• Insider activity included a director selling 700 shares at an average price of $172.06, resulting in a decrease in ownership by 2.52%.

The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) has received a consensus rating of "Moderate Buy" from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $172.6667.

Several analysts have recently commented on the company. Truist Financial increased their target price on The Ensign Group from $155.00 to $165.00 and gave the stock a "hold" rating in a report on Monday, July 28th. UBS Group upped their target price on shares of The Ensign Group from $195.00 to $205.00 and gave the stock a "buy" rating in a research report on Tuesday, September 2nd. Weiss Ratings reiterated a "buy (b)" rating on shares of The Ensign Group in a research report on Wednesday. Finally, Stephens upped their target price on shares of The Ensign Group from $165.00 to $170.00 and gave the stock an "overweight" rating in a research report on Monday, July 28th.

Insider Activity

In other news, Director Barry M. Smith sold 700 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $172.06, for a total transaction of $120,442.00. Following the transaction, the director directly owned 27,052 shares in the company, valued at approximately $4,654,567.12. This represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.90% of the company's stock.

Hedge Funds Weigh In On The Ensign Group

A number of large investors have recently modified their holdings of the stock. Trust Point Inc. lifted its holdings in The Ensign Group by 5.4% in the third quarter. Trust Point Inc. now owns 5,474 shares of the company's stock valued at $946,000 after buying an additional 282 shares during the period. Lifestyle Asset Management Inc. lifted its holdings in The Ensign Group by 4.3% in the third quarter. Lifestyle Asset Management Inc. now owns 2,844 shares of the company's stock valued at $491,000 after buying an additional 118 shares during the period. Curated Wealth Partners LLC acquired a new position in The Ensign Group in the third quarter valued at approximately $237,000. Ausbil Investment Management Ltd acquired a new position in The Ensign Group in the third quarter valued at approximately $592,000. Finally, Nilsine Partners LLC acquired a new position in The Ensign Group in the third quarter valued at approximately $209,000. 96.12% of the stock is currently owned by institutional investors and hedge funds.

The Ensign Group Price Performance

Shares of The Ensign Group stock opened at $175.34 on Friday. The firm's 50-day moving average price is $168.94 and its two-hundred day moving average price is $150.69. The Ensign Group has a 1-year low of $118.73 and a 1-year high of $179.11. The stock has a market capitalization of $10.12 billion, a price-to-earnings ratio of 31.82, a P/E/G ratio of 2.01 and a beta of 0.93. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.07.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The company reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.05. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.22 billion. The Ensign Group had a return on equity of 16.92% and a net margin of 6.99%.The business's revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.32 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. On average, equities analysts predict that The Ensign Group will post 5.59 earnings per share for the current fiscal year.

The Ensign Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Tuesday, September 30th. The Ensign Group's dividend payout ratio is presently 4.54%.

The Ensign Group Company Profile

The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.

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