Insider Selling: Ensign Group CFO Sells 89 Shares of Stock (ENSG)
Ensign Group (NASDAQ:ENSG) CFO Suzanne D. Snapper sold 89 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $33.17, for a total transaction of $2,952.13. Following the completion of the transaction, the chief financial officer now directly owns 30,461 shares in the company, valued at approximately $1,010,391. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Separately, analysts at Oppenheimer cut their price target on shares of Ensign Group from $51.00 to $38.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock.
Shares of Ensign Group (NASDAQ:ENSG) traded down 2.71% on Friday, hitting $32.69. 42,905 shares of the company’s stock traded hands. Ensign Group has a one year low of $20.2782 and a one year high of $33.93. The stock has a 50-day moving average of $32.14 and a 200-day moving average of $25.82. The company has a market cap of $726.3 million and a price-to-earnings ratio of 15.20.
Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.54 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.58 by $0.04. The company had revenue of $250.00 million for the quarter, compared to the consensus estimate of $248.29 million. During the same quarter last year, the company posted $0.61 earnings per share. Ensign Group’s revenue was up 13.6% compared to the same quarter last year. Analysts expect that Ensign Group will post $2.18 EPS for the current fiscal year.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.