The Ensign Group (NASDAQ:ENSG) Downgraded by Zacks Research to “Hold”

The Ensign Group (NASDAQ:ENSG) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

ENSG has been the subject of a number of other research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of The Ensign Group in a research report on Thursday, January 22nd. UBS Group set a $230.00 price objective on The Ensign Group and gave the stock a “buy” rating in a research note on Friday, February 6th. Wall Street Zen upgraded The Ensign Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Royal Bank Of Canada reiterated 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. Finally, Truist Financial set a $215.00 price objective on The Ensign Group and gave the stock a “hold” rating in a research note on Friday, February 6th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $204.60.

The Ensign Group Price Performance

ENSG opened at $200.39 on Monday. The stock has a market cap of $11.61 billion, a price-to-earnings ratio of 34.31, a PEG ratio of 1.93 and a beta of 0.81. The Ensign Group has a 1 year low of $118.73 and a 1 year high of $218.00. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average price of $202.51 and a 200 day moving average price of $186.93.

The Ensign Group (NASDAQ:ENSG) last released its quarterly earnings data on Wednesday, February 4th. The company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.07. The Ensign Group had a return on equity of 16.76% and a net margin of 6.80%.The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.37 billion. During the same quarter last year, the firm earned $1.49 earnings per share. The business’s revenue for the quarter 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. Analysts forecast that The Ensign Group will post 5.59 EPS for the current fiscal year.

Insider Activity at The Ensign Group

In other The Ensign Group news, Director Daren Shaw sold 1,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $213.43, for a total transaction of $213,430.00. Following the completion of the sale, the director owned 23,726 shares in the company, valued at approximately $5,063,840.18. The trade was a 4.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John O. Agwunobi sold 146 shares of the company’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $178.31, for a total transaction of $26,033.26. Following the sale, the director owned 9,087 shares of the company’s stock, valued at $1,620,302.97. The trade was a 1.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 17,073 shares of company stock worth $3,349,532. 3.90% of the stock is owned by company insiders.

Institutional Trading of The Ensign Group

Several institutional investors and hedge funds have recently made changes to their positions in the business. Hsbc Holdings PLC raised its position in shares of The Ensign Group by 515.5% during the 4th quarter. Hsbc Holdings PLC now owns 16,446 shares of the company’s stock valued at $2,873,000 after acquiring an additional 13,774 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of The Ensign Group by 40.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,461 shares of the company’s stock valued at $429,000 after acquiring an additional 705 shares during the last quarter. World Investment Advisors raised its position in shares of The Ensign Group by 16.7% during the 4th quarter. World Investment Advisors now owns 1,667 shares of the company’s stock valued at $290,000 after acquiring an additional 238 shares during the last quarter. Bayban bought a new stake in shares of The Ensign Group during the 4th quarter valued at $31,000. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of The Ensign Group by 702.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 859 shares of the company’s stock valued at $150,000 after acquiring an additional 752 shares during the last quarter. Institutional investors own 96.12% of the company’s stock.

The Ensign Group Company Profile

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.