The Ensign Group (NASDAQ:ENSG) Stock Rating Upgraded by Zacks Research

The Ensign Group (NASDAQ:ENSG) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

ENSG has been the subject of several other reports. Truist Financial set a $215.00 target price on The Ensign Group and gave the company a “hold” rating in a research note on Friday, February 6th. UBS Group set a $230.00 price target on The Ensign Group and gave the stock a “buy” rating in a report on Friday, February 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $222.00 price objective (up from $206.00) on shares of The Ensign Group in a research note on Monday, February 9th. Wall Street Zen raised The Ensign Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, Stephens increased their target price on The Ensign Group from $185.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, The Ensign Group presently has a consensus rating of “Buy” and a consensus target price of $204.60.

The Ensign Group Stock Performance

NASDAQ:ENSG opened at $214.17 on Thursday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.06. The Ensign Group has a twelve month low of $118.73 and a twelve month high of $216.92. The company has a fifty day moving average of $187.39 and a 200-day moving average of $179.90. The firm has a market capitalization of $12.40 billion, a P/E ratio of 36.67, a P/E/G ratio of 2.09 and a beta of 0.88.

The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.07. The Ensign Group had a net margin of 6.80% and a return on equity of 16.76%. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period in the prior year, the firm earned $1.49 earnings per share. The Ensign Group’s revenue was up 20.2% on a year-over-year basis. The Ensign Group has set its FY 2026 guidance at 7.410-7.610 EPS. As a group, sell-side analysts anticipate that The Ensign Group will post 5.59 EPS for the current year.

Insider Activity at The Ensign Group

In related news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.59, for a total transaction of $121,513.00. Following the completion of the sale, the director owned 23,652 shares in the company, valued at approximately $4,105,750.68. This represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Suzanne D. Snapper sold 8,258 shares of the stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $194.48, for a total value of $1,606,015.84. Following the completion of the sale, the chief financial officer directly owned 277,462 shares of the company’s stock, valued at $53,960,809.76. The trade was a 2.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 27,473 shares of company stock valued at $5,147,297 over the last 90 days. Corporate insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Trust Co. NA grew its position in The Ensign Group by 156.5% in the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares in the last quarter. Monetary Solutions Ltd purchased a new position in shares of The Ensign Group in the 4th quarter worth approximately $30,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of The Ensign Group by 55.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock valued at $30,000 after acquiring an additional 61 shares in the last quarter. Harbor Investment Advisory LLC increased its position in shares of The Ensign Group by 125.6% during the fourth quarter. Harbor Investment Advisory LLC now owns 194 shares of the company’s stock valued at $34,000 after acquiring an additional 108 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of The Ensign Group by 638.7% during the second quarter. Steward Partners Investment Advisory LLC now owns 229 shares of the company’s stock valued at $35,000 after acquiring an additional 198 shares during the last quarter. 96.12% of the stock is currently owned by hedge funds and other institutional investors.

About The Ensign Group

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.