Ensign Group Inc. Hits New 52-Week High at $42.44 (ENSG)
Ensign Group (NASDAQ:ENSG) set a new 52-week high during mid-day trading on Friday, ARN reports. The stock traded as high as $42.44 and last traded at $42.00, with a volume of 28,407 shares. The stock had previously closed at $41.51.
A number of research firms have recently commented on ENSG. Analysts at Oppenheimer reiterated an “outperform” rating on shares of Ensign Group (NASDAQ:ENSG) in a research note to investors on Thursday, September 12th. They now have a $46.00 price target on the stock, up previously from $44.00. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Ensign Group (NASDAQ:ENSG) from $40.00 to $45.00 in a research note to investors on Tuesday, August 13th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $41.75.
Ensign Group has a 52 week low of $24.97 and a 52 week high of $42.26. The stock has a 50-day moving average of $39.92 and a 200-day moving average of $36.76. The company has a market cap of $921.9 million and a P/E ratio of 59.47.
Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by $0.07. The company had revenue of $220.09 million for the quarter, compared to the consensus estimate of $227.70 million. During the same quarter in the previous year, the company posted $0.67 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that Ensign Group will post $2.69 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, October 31st. Investors of record on Monday, September 30th will be paid a dividend of $0.07 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, September 26th.
The Ensign Group, Inc, is a holding company. The Company is a provider of skilled nursing and rehabilitative care services through the operation of 103 facilities, five home health and three hospice operations located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Oregon, Texas, Utah and Washington.
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