Enhabit Inc [EHAB] stock prices are up 22.14% to $9.60 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.
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From an analyst’s perspective:
Enhabit Inc [NYSE: EHAB] stock has seen the most recent analyst activity on March 07, 2024, when UBS upgraded its rating to a Neutral but kept the price target unchanged to $9.50 for it. Previously, TD Cowen started tracking the stock with Market Perform rating on December 12, 2023, and set its price target to $12. On June 20, 2023, SVB Securities initiated with a Underperform rating and assigned a price target of $10 on the stock. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $15 on March 16, 2023. CJS Securities initiated its recommendation with a Market Perform and recommended $18 as its price target on December 13, 2022. UBS started tracking with a Sell rating for this stock on December 08, 2022, and assigned it a price target of $12. In a note dated December 06, 2022, Stifel initiated an Buy rating and provided a target price of $17 on this stock.
The stock price of Enhabit Inc [EHAB] has been fluctuating between $7.12 and $14.59 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Enhabit Inc [NYSE: EHAB] shares were valued at $9.60 at the most recent close of the market. An investor can expect a potential return of 25.0% based on the average EHAB price forecast.
Analyzing the EHAB fundamentals
The Enhabit Inc [NYSE:EHAB] reported sales of 1.05B for trailing twelve months, representing a drop of -5.27%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.12 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.96 points at the first support level, and at 8.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.57, and for the 2nd resistance point, it is at 11.54.
Ratios To Look Out For
It’s worth pointing out that Enhabit Inc [NYSE:EHAB]’s Current Ratio is 1.53. Also, the Quick Ratio is 1.52, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.46, the price to book ratio is 0.71.
Transactions by insiders
Recent insider trading involved Langham Ronald Leroy JR, EVP Clinical Excel. & Strategy, that happened on Mar 01 ’24 when 634.0 shares were sold. Director, Bolton Jeffrey completed a deal on May 26 ’23 to buy 2000.0 shares. Meanwhile, Director SHAW L EDWARD JR bought 10000.0 shares on May 22 ’23.
