The Ensign Group (NASDAQ:ENSG) Stock Rating Upgraded by Wall Street Zen

The Ensign Group (NASDAQ:ENSG) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

ENSG has been the subject of a number of other research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of The Ensign Group in a research report on Tuesday. Weiss Ratings reiterated a “buy (b)” rating on shares of The Ensign Group in a research report on Tuesday, April 21st. Finally, Zacks Research downgraded The Ensign Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, The Ensign Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.75.

The Ensign Group Trading Up 1.5%

Shares of The Ensign Group stock opened at $149.37 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.56 and a quick ratio of 1.56. The firm has a market cap of $8.73 billion, a PE ratio of 24.33, a P/E/G ratio of 1.46 and a beta of 0.68. The Ensign Group has a 1 year low of $134.79 and a 1 year high of $218.00. The stock has a fifty day moving average price of $179.92 and a 200-day moving average price of $186.73.

The Ensign Group (NASDAQ:ENSG) last issued its quarterly earnings results on Thursday, April 30th. The company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.79 by $0.06. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.40 billion. The Ensign Group had a return on equity of 16.78% and a net margin of 6.89%.The company’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter last year, the company posted $1.52 EPS. The Ensign Group has set its FY 2026 guidance at 7.480-7.620 EPS. Equities research analysts anticipate that The Ensign Group will post 6.82 EPS for the current year.

Insider Buying and Selling

In other The Ensign Group news, Director John O. Agwunobi sold 392 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $199.97, for a total value of $78,388.24. Following the completion of the sale, the director owned 9,295 shares in the company, valued at approximately $1,858,721.15. The trade was a 4.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Barry M. Smith sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the sale, the director owned 21,352 shares of the company’s stock, valued at $3,507,706.56. The trade was a 3.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 2,592 shares of company stock valued at $478,246 in the last 90 days. 4.00% of the stock is currently owned by corporate insiders.

Institutional Trading of The Ensign Group

Several hedge funds and other institutional investors have recently bought and sold shares of ENSG. Baillie Gifford & Co. lifted its position in The Ensign Group by 62.1% in the fourth quarter. Baillie Gifford & Co. now owns 4,569,254 shares of the company’s stock valued at $795,964,000 after purchasing an additional 1,750,645 shares during the last quarter. Norges Bank bought a new stake in The Ensign Group in the fourth quarter valued at approximately $134,660,000. Turtle Creek Asset Management Inc. bought a new stake in The Ensign Group in the third quarter valued at approximately $78,840,000. Victory Capital Management Inc. lifted its position in The Ensign Group by 195.4% in the third quarter. Victory Capital Management Inc. now owns 513,328 shares of the company’s stock valued at $88,688,000 after purchasing an additional 339,534 shares during the last quarter. Finally, Wasatch Advisors LP lifted its position in The Ensign Group by 6.0% in the second quarter. Wasatch Advisors LP now owns 3,558,675 shares of the company’s stock valued at $548,961,000 after purchasing an additional 199,983 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

The Ensign Group News Roundup

Here are the key news stories impacting The Ensign Group this week:

• Positive Sentiment: No meaningful positive company-specific catalyst was reported in the latest news flow.
• Neutral Sentiment: Multiple law firms announced or continued investigations into possible securities-law violations and are urging investors who lost money in ENSG to contact them about potential claims. Article Title
• Neutral Sentiment: Another shareholder law firm said it is investigating ENSG after allegations that the company may have issued materially misleading business information. Article Title
• Negative Sentiment: A report attributed to Muddy Waters raised compliance concerns, and the stock dropped sharply on the news, with allegations that Ensign may have gamed CMS quality ratings and engaged in improper billing practices. Article Title

The Ensign Group Company Profile

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.