Key Points
- Ensign VP Beverly Wittekind sold 8,400 shares on Dec. 12 at an average of $175.48 for proceeds of $1.47M, reducing her stake by 20.4% to 32,779 shares (worth about $5.75M).
- The company recently beat quarterly estimates with $1.64 EPS and $1.30B revenue (revenue up 19.8% YoY) and set FY2025 guidance of $6.480–6.540 EPS, above current analyst consensus forecasts.
- Analyst sentiment is positive (consensus "Moderate Buy" with an average target of $196.40) and institutional ownership is very high at 96.12%, with large increases from investors like Baillie Gifford.
The Ensign Group, Inc. (NASDAQ:ENSG - Get Free Report) VP Beverly Wittekind sold 8,400 shares of The Ensign Group stock in a transaction on Friday, December 12th. The stock was sold at an average price of $175.48, for a total value of $1,474,032.00. Following the transaction, the vice president directly owned 32,779 shares of the company's stock, valued at $5,752,058.92. This trade represents a 20.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
The Ensign Group Price Performance
The Ensign Group stock opened at $175.36 on Wednesday. The firm has a market capitalization of $10.16 billion, a PE ratio of 31.37, a P/E/G ratio of 2.00 and a beta of 0.85. The Ensign Group, Inc. has a 52 week low of $118.73 and a 52 week high of $193.99. The firm's 50-day simple moving average is $180.70 and its 200 day simple moving average is $166.44. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.07.
The Ensign Group (NASDAQ:ENSG - Get Free Report) last posted its earnings results on Monday, November 3rd. The company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.59 by $0.05. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.28 billion. The Ensign Group had a net margin of 6.80% and a return on equity of 16.77%. The firm's revenue for the quarter was up 19.8% on a year-over-year basis. During the same period last year, the firm posted $1.39 EPS. The Ensign Group has set its FY 2025 guidance at 6.480-6.540 EPS. On average, equities research analysts predict that The Ensign Group, Inc. will post 5.59 EPS 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. Investors of record on Tuesday, September 30th were given a dividend of $0.0625 per share. This represents a $0.25 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Tuesday, September 30th. The Ensign Group's payout ratio is currently 4.47%.
Wall Street Analyst Weigh In
ENSG has been the topic of a number of analyst reports. Truist Financial increased their target price on The Ensign Group from $190.00 to $200.00 and gave the company a "hold" rating in a report on Monday, November 10th. Stephens increased their price objective on The Ensign Group from $185.00 to $200.00 and gave the company an "overweight" rating in a research note on Wednesday, November 5th. Royal Bank Of Canada reiterated an "outperform" rating and set a $206.00 price objective (up previously from $177.00) on shares of The Ensign Group in a research report on Friday, November 14th. 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, November 5th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of The Ensign Group in a report on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $196.40.
View Our Latest Research Report on ENSG
Institutional Investors Weigh In On The Ensign Group
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Baillie Gifford & Co. increased its position in The Ensign Group by 96.2% during the third quarter. Baillie Gifford & Co. now owns 2,818,609 shares of the company's stock worth $486,971,000 after purchasing an additional 1,382,035 shares during the last quarter. Norges Bank acquired a new position in shares of The Ensign Group in the 2nd quarter valued at $105,400,000. Turtle Creek Asset Management Inc. acquired a new position in shares of The Ensign Group in the 3rd quarter valued at $78,840,000. Crow s Nest Holdings LP purchased a new stake in shares of The Ensign Group during the 1st quarter valued at $56,936,000. Finally, American Century Companies Inc. increased its holdings in shares of The Ensign Group by 1,235.5% during the 1st quarter. American Century Companies Inc. now owns 468,575 shares of the company's stock worth $60,634,000 after buying an additional 433,489 shares during the last quarter. Hedge funds and other institutional investors own 96.12% of the company's stock.
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.
Further Reading
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