Encompass Health Corp (EHC) Given Average Rating of “Hold” by Analysts

Encompass Health Corp (AMEX:EHC) has been assigned an average recommendation of “Hold” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $53.63.

Several analysts have issued reports on EHC shares. SunTrust Banks set a $58.00 target price on Encompass Health and gave the company a “buy” rating in a research report on Thursday, December 21st. Royal Bank of Canada reaffirmed a “buy” rating on shares of Encompass Health in a research report on Wednesday, November 15th. Mizuho raised Encompass Health from a “neutral” rating to a “buy” rating and set a $55.00 target price on the stock in a research report on Thursday, November 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $55.00 target price on shares of Encompass Health in a research report on Monday, October 9th. Finally, Zacks Investment Research raised Encompass Health from a “hold” rating to a “buy” rating and set a $52.00 target price on the stock in a research report on Monday, October 30th.

In other Encompass Health news, Director Yvonne M. Curl acquired 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was purchased at an average price of $45.95 per share, for a total transaction of $45,950.00. Following the acquisition, the director now owns 64,144 shares in the company, valued at approximately $2,947,416.80. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

An institutional investor recently bought a new position in Encompass Health stock. Dalton Greiner Hartman Maher & Co. acquired a new stake in shares of Encompass Health Corp (AMEX:EHC) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 331,823 shares of the company’s stock, valued at approximately $16,395,000. Dalton Greiner Hartman Maher & Co. owned about 0.34% of Encompass Health at the end of the most recent quarter. Institutional investors and hedge funds own 93.18% of the company’s stock.

Encompass Health (AMEX EHC) opened at $52.43 on Friday. Encompass Health has a 52 week low of $38.24 and a 52 week high of $52.67. The stock has a market capitalization of $5,150.00, a P/E ratio of 19.14, a P/E/G ratio of 1.70 and a beta of 0.54. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 1.89.

Encompass Health (AMEX:EHC) last announced its earnings results on Thursday, October 26th. The company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.01. The business had revenue of $995.60 million for the quarter, compared to analysts’ expectations of $985.75 million. Encompass Health had a return on equity of 23.56% and a net margin of 8.67%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 EPS. analysts expect that Encompass Health will post 2.72 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.00 annualized dividend and a dividend yield of 1.91%. Encompass Health’s dividend payout ratio is presently 36.50%.

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Encompass Health Company Profile

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

Analyst Recommendations for Encompass Health (AMEX:EHC)

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