Key Points
- Director John Agwunobi sold 246 shares at an average price of $188.87 for a total of $46,462.02, trimming his stake by 2.7% to 8,879 shares; the transaction was disclosed in an SEC filing.
- The Ensign Group reported a quarterly EPS beat of $1.64 vs. $1.59 expected and revenue of $1.30 billion (vs. $1.28B), with revenue up 19.8% year-over-year and FY2025 guidance of $6.480–$6.540 EPS.
- Shares trade with a market cap of $10.42B and a PE of 32.66; analysts have a consensus "Moderate Buy" rating with an average target of $191.50, while the company pays a small annual dividend of $0.25 (0.1% yield).
The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) Director Pison Marivic Uychiat sold 73 shares of the stock in a transaction on Friday, November 7th. The stock was sold at an average price of $182.08, for a total transaction of $13,291.84. Following the transaction, the director owned 14,490 shares in the company, valued at approximately $2,638,339.20. This trade represents a 0.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
The Ensign Group Stock Down 1.6%
The Ensign Group stock opened at $179.97 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.07. The Ensign Group, Inc. has a 1-year low of $118.73 and a 1-year high of $193.99. The firm's fifty day simple moving average is $175.77 and its 200-day simple moving average is $158.28. The company has a market capitalization of $10.42 billion, a P/E ratio of 32.66, a P/E/G ratio of 2.10 and a beta of 0.94.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $1.64 EPS for the quarter, topping the consensus estimate of $1.59 by $0.05. The Ensign Group had a net margin of 6.99% and a return on equity of 16.92%. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same period in the prior year, the business posted $1.39 earnings per share. The business's quarterly revenue was up 19.8% on a year-over-year basis. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. Sell-side analysts forecast that The Ensign Group, Inc. will post 5.59 earnings per share for the current fiscal year.
The Ensign Group Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.1%. The Ensign Group's dividend payout ratio is currently 4.47%.
Wall Street Analysts Forecast Growth
ENSG has been the subject of several analyst reports. UBS Group restated a "buy" rating and issued a $220.00 target price (up from $205.00) on shares of The Ensign Group in a report on Wednesday. Weiss Ratings reissued a "buy (b)" rating on shares of The Ensign Group in a research report on Wednesday, October 8th. Truist Financial set a $190.00 price objective on shares of The Ensign Group in a research note on Tuesday, October 14th. Finally, Stephens upped their price objective on shares of The Ensign Group from $185.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $191.50.
Get Our Latest Stock Report on The Ensign Group
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Rise Advisors LLC boosted its position in shares of The Ensign Group by 114.0% in the first quarter. Rise Advisors LLC now owns 199 shares of the company's stock valued at $26,000 after acquiring an additional 106 shares during the period. TCTC Holdings LLC boosted its holdings in The Ensign Group by 116.7% in the 1st quarter. TCTC Holdings LLC now owns 208 shares of the company's stock valued at $27,000 after purchasing an additional 112 shares during the period. WPG Advisers LLC acquired a new stake in The Ensign Group in the 1st quarter worth $27,000. Financial Management Professionals Inc. acquired a new stake in The Ensign Group in the 2nd quarter worth $28,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of The Ensign Group by 638.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company's stock worth $35,000 after purchasing an additional 198 shares during the period. 96.12% of the stock is currently owned by institutional investors and hedge funds.
About The Ensign Group
(
Get Free Report)
The Ensign Group, Inc provides skilled nursing, senior living, and rehabilitative services. It operates through two segments: Skilled Services and Standard Bearer. The company's Skilled Services segment engages in the operation of skilled nursing facilities and rehabilitation therapy services for patients with chronic conditions, prolonged illness, and the elderly; and offers nursing facilities including specialty care, such as on-site dialysis, ventilator care, cardiac, and pulmonary management, as well as standard services comprising room and board, special nutritional programs, social services, recreational activities, entertainment, and other services.
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