FY2017 EPS Estimates for Encompass Health Corp Boosted by KeyCorp (EHC)
Encompass Health Corp (AMEX:EHC) – Investment analysts at KeyCorp lifted their FY2017 earnings per share (EPS) estimates for shares of Encompass Health in a research report issued to clients and investors on Monday. KeyCorp analyst J. Gurda now expects that the company will post earnings per share of $2.73 for the year, up from their previous estimate of $2.72.
Encompass Health (AMEX:EHC) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.01. Encompass Health had a return on equity of 23.56% and a net margin of 8.67%. The company had revenue of $995.60 million for the quarter, compared to the consensus estimate of $985.75 million. During the same quarter last year, the business posted $0.65 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year.
Other equities research analysts also recently issued research reports about the company. Robert W. Baird reiterated a “buy” rating and issued a $59.00 price objective on shares of Encompass Health in a research report on Friday. Zacks Investment Research upgraded Encompass Health from a “sell” rating to a “hold” rating in a research report on Wednesday. SunTrust Banks set a $58.00 price objective on Encompass Health and gave the stock a “buy” rating in a research report on Thursday, December 21st. William Blair restated an “outperform” rating on shares of Encompass Health in a research report on Tuesday, November 21st. Finally, Piper Jaffray Companies restated a “hold” rating and set a $50.00 price target on shares of Encompass Health in a research report on Sunday, September 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. Encompass Health presently has a consensus rating of “Hold” and a consensus target price of $52.89.
Shares of Encompass Health (AMEX:EHC) opened at $50.51 on Wednesday. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.34 and a quick ratio of 1.34. Encompass Health has a 12-month low of $38.24 and a 12-month high of $52.58. The stock has a market capitalization of $4,950.00, a price-to-earnings ratio of 18.43, a P/E/G ratio of 1.70 and a beta of 0.54.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $1.00 dividend on an annualized basis and a yield of 1.98%. Encompass Health’s payout ratio is 36.50%.
In other news, Director Yvonne M. Curl purchased 1,000 shares of the stock in a transaction on Wednesday, November 1st. The shares were acquired at an average price of $45.95 per share, for a total transaction of $45,950.00. Following the completion of the transaction, the director now directly owns 64,144 shares of the company’s stock, valued at approximately $2,947,416.80. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.60% of the company’s stock.
A hedge fund recently bought a new stake in Encompass Health stock. Dalton Greiner Hartman Maher & Co. acquired a new stake in shares of Encompass Health Corp (AMEX:EHC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 331,823 shares of the company’s stock, valued at approximately $16,395,000. Dalton Greiner Hartman Maher & Co. owned about 0.34% of Encompass Health at the end of the most recent quarter. Institutional investors and hedge funds own 93.18% of the company’s stock.
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About Encompass Health
Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.
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