Analysts Set The Ensign Group, Inc. (NASDAQ:ENSG) Target Price at $172.67

Key Points

• The Ensign Group, Inc. has received a consensus rating of "Moderate Buy" from six research firms, with one hold and five buy recommendations.
• The company's recent earnings report showed an EPS of $1.59, beating estimates, alongside an 18.5% year-over-year revenue increase to $1.23 billion.
• The Ensign Group has cut its dividend to $0.0625 per share, reflecting an annualized yield of 0.2%, with a low dividend payout ratio of 4.54%.

Shares of The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six research firms that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $172.6667.

A number of research analysts recently issued reports on ENSG shares. Stephens lifted their target price on The Ensign Group from $165.00 to $170.00 and gave the stock an "overweight" rating in a report on Monday, July 28th. UBS Group lifted their target price on The Ensign Group from $195.00 to $205.00 and gave the stock a "buy" rating in a report on Tuesday, September 2nd. Finally, Truist Financial lifted 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.

Insiders Place Their Bets

In related news, CFO Suzanne D. Snapper sold 8,379 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $148.21, for a total value of $1,241,851.59. Following the completion of the transaction, the chief financial officer owned 269,692 shares in the company, valued at $39,971,051.32. This trade represents a 3.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Barry M. Smith sold 700 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $172.06, for a total value of $120,442.00. Following the sale, the director owned 27,052 shares of the company's stock, valued at $4,654,567.12. The trade was a 2.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,779 shares of company stock valued at $1,469,730 in the last quarter. 3.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On The Ensign Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. purchased a new position in The Ensign Group during the 2nd quarter valued at about $28,000. Rise Advisors LLC grew its stake in The Ensign Group by 114.0% during the 1st quarter. Rise Advisors LLC now owns 199 shares of the company's stock valued at $26,000 after acquiring an additional 106 shares in the last quarter. WPG Advisers LLC purchased a new position in The Ensign Group during the 1st quarter valued at about $27,000. TCTC Holdings LLC grew its stake in The Ensign Group by 116.7% during the 1st quarter. TCTC Holdings LLC now owns 208 shares of the company's stock valued at $27,000 after acquiring an additional 112 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in The Ensign Group by 638.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company's stock valued at $35,000 after acquiring an additional 198 shares in the last quarter. Hedge funds and other institutional investors own 96.12% of the company's stock.

The Ensign Group Stock Performance

Shares of ENSG traded up $1.13 during trading hours on Wednesday, reaching $167.07. 239,385 shares of the company's stock traded hands, compared to its average volume of 420,939. The firm has a market capitalization of $9.64 billion, a price-to-earnings ratio of 30.32, a P/E/G ratio of 1.89 and a beta of 0.93. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.41 and a quick ratio of 1.41. The Ensign Group has a twelve month low of $118.73 and a twelve month high of $174.98. The business's fifty day simple moving average is $159.27 and its two-hundred day simple moving average is $145.48.

The Ensign Group (NASDAQ:ENSG - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The company reported $1.59 EPS for the quarter, beating 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 company's quarterly revenue was up 18.5% compared to the same quarter last year. During the same period last year, the company earned $1.32 earnings per share. The Ensign Group has set its FY 2025 guidance at 6.340-6.460 EPS. Analysts predict that The Ensign Group will post 5.59 earnings per share for the current year.

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.