Equities research analysts predict that The Ensign Group, Inc. (NASDAQ:ENSG) will post earnings per share of $0.45 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for The Ensign Group’s earnings, with estimates ranging from $0.44 to $0.46. The Ensign Group posted earnings of $0.34 per share in the same quarter last year, which would indicate a positive year over year growth rate of 32.4%. The firm is expected to report its next quarterly earnings report on Monday, May 7th.
On average, analysts expect that The Ensign Group will report full year earnings of $1.85 per share for the current financial year, with EPS estimates ranging from $1.81 to $1.89. For the next year, analysts anticipate that the business will post earnings of $1.99 per share, with EPS estimates ranging from $1.86 to $2.07. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover The Ensign Group.
The Ensign Group (NASDAQ:ENSG) last posted its quarterly earnings results on Thursday, February 8th. The company reported $0.40 EPS for the quarter, hitting the consensus estimate of $0.40. The business had revenue of $487.70 million during the quarter, compared to analysts’ expectations of $457.91 million. The Ensign Group had a net margin of 2.19% and a return on equity of 13.87%. The firm’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period last year, the company posted $0.30 earnings per share.
Shares of The Ensign Group (ENSG) opened at $27.88 on Tuesday. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.61. The company has a market cap of $1,461.14, a P/E ratio of 36.68, a P/E/G ratio of 1.12 and a beta of 0.62. The Ensign Group has a fifty-two week low of $16.50 and a fifty-two week high of $29.24.
In other The Ensign Group news, Director John G. Nackel sold 7,000 shares of The Ensign Group stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $27.90, for a total value of $195,300.00. Following the completion of the sale, the director now directly owns 84,232 shares in the company, valued at $2,350,072.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John G. Nackel sold 5,000 shares of The Ensign Group stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $26.90, for a total transaction of $134,500.00. Following the completion of the sale, the director now owns 91,232 shares of the company’s stock, valued at $2,454,140.80. The disclosure for this sale can be found here. Insiders sold 117,310 shares of company stock valued at $2,930,044 over the last quarter. Corporate insiders own 6.20% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. lifted its stake in The Ensign Group by 9.0% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 30,862 shares of the company’s stock valued at $685,000 after acquiring an additional 2,550 shares during the last quarter. MetLife Investment Advisors LLC acquired a new stake in The Ensign Group in the fourth quarter valued at approximately $541,000. Millennium Management LLC acquired a new stake in The Ensign Group in the fourth quarter valued at approximately $227,000. Goldman Sachs Group Inc. lifted its stake in The Ensign Group by 77.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 147,693 shares of the company’s stock valued at $3,279,000 after acquiring an additional 64,264 shares during the last quarter. Finally, Stone Ridge Asset Management LLC acquired a new stake in The Ensign Group in the fourth quarter valued at approximately $321,000. Hedge funds and other institutional investors own 86.54% of the company’s stock.
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About The Ensign Group
The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.
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