At the time of writing, Enhabit Inc [EHAB] stock is trading at $9.69, up 18.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EHAB shares have gain 23.44% over the last week, with a monthly amount glided 25.03%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Enhabit Inc [NYSE: EHAB] stock has seen the most recent analyst activity on December 09, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $9.50 from $8.25. Previously, Leerink Partners upgraded its rating to Market Perform on May 14, 2024, and kept the price target unchanged to $8.50. On May 09, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $8.75 on the stock. UBS upgraded its rating to a Neutral but stick to its price target of $9.50 on March 07, 2024. TD Cowen initiated its recommendation with a Market Perform and recommended $12 as its price target on December 12, 2023. SVB Securities started tracking with a Underperform rating for this stock on June 20, 2023, and assigned it a price target of $10. In a note dated March 16, 2023, Goldman initiated an Neutral rating and provided a target price of $15 on this stock.
For the past year, the stock price of Enhabit Inc fluctuated between $6.85 and $10.70. Currently, Wall Street analysts expect the stock to reach $9.5 within the next 12 months. Enhabit Inc [NYSE: EHAB] shares were valued at $9.69 at the most recent close of the market. An investor can expect a potential drop of -1.96% based on the average EHAB price forecast.
Analyzing the EHAB fundamentals
According to Enhabit Inc [NYSE:EHAB], the company’s sales were 1.03B for trailing twelve months, which represents an -0.95% plunge. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.26 and Total Capital is -0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.09.
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 8.98 points at the first support level, and at 8.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.07, and for the 2nd resistance point, it is at 10.46.
Ratios To Look Out For
It is important to note that Enhabit Inc [NYSE:EHAB] has a current ratio of 1.49. Also, the Quick Ratio is 1.53, while the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.48, the price to book ratio is 0.93.
Transactions by insiders
Recent insider trading involved McQuiddy Collin, Chief Accounting Officer, that happened on Mar 10 ’25 when 1096.0 shares were sold. Director, Bolton Jeffrey completed a deal on Dec 12 ’24 to buy 4000.0 shares. Meanwhile, Director MCGUIGAN STUART M bought 15000.0 shares on Dec 10 ’24.
