In the past week, EHAB stock has gone down by -1.41%, with a monthly gain of 20.74% and a quarterly plunge of -15.91%. The volatility ratio for the week is 6.56%, and the volatility levels for the last 30 days are 6.16% for Enhabit Inc The simple moving average for the past 20 days is 17.90% for EHAB’s stock, with a -20.53% simple moving average for the past 200 days.
Is It Worth Investing in Enhabit Inc (NYSE: EHAB) Right Now?
compared to its average ratio and a 36-month beta value of 1.21. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 2 as “sell.”
The average price point forecasted by analysts for Enhabit Inc (EHAB) is $10.25, which is $0.8 above the current market price. The public float for EHAB is 44.32M, and currently, short sellers hold a 10.78% ratio of that float. The average trading volume of EHAB on November 16, 2023 was 713.35K shares.
EHAB) stock’s latest price update
The stock price of Enhabit Inc (NYSE: EHAB) has surged by 0.20 when compared to previous closing price of 9.76, but the company has seen a -1.41% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-11 that Enhabit, Inc. (NYSE:EHAB ) Q3 2023 Results Conference Call November 8, 2023 10:00 AM ET Company Participants Jordan Loyd – Mergers & Acquisitions Director, Corporate Development Barb Jacobsmeyer – President and Chief Executive Officer Crissy Carlisle – Chief Financial Officer Conference Call Participants Brian Tanquilut – Jefferies Joanna Gajuk – Bank of America Whit Mayo – Leerink Partners Jamie Perse – Goldman Sachs Operator Good morning, everyone, and welcome to Enhabit Home Health & Hospice’s Third Quarter 2023 Earnings Conference Call. At this time, I’d like to inform all participants that their lines will be in a listen-only mode.
Analysts’ Opinion of EHAB
Many brokerage firms have already submitted their reports for EHAB stocks, with SVB Securities repeating the rating for EHAB by listing it as a “Underperform.” The predicted price for EHAB in the upcoming period, according to SVB Securities is $10 based on the research report published on June 20, 2023 of the current year 2023.
EHAB Trading at 0.24% from the 50-Day Moving Average
After a stumble in the market that brought EHAB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.23% of loss for the given period.
Volatility was left at 6.16%, however, over the last 30 days, the volatility rate increased by 6.56%, as shares surge +20.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.32% lower at present.
During the last 5 trading sessions, EHAB fell by -1.41%, which changed the moving average for the period of 200-days by -36.33% in comparison to the 20-day moving average, which settled at $8.38. In addition, Enhabit Inc saw -25.68% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at EHAB starting from Bolton Jeffrey, who purchase 2,000 shares at the price of $11.61 back on May 26. After this action, Bolton Jeffrey now owns 19,597 shares of Enhabit Inc, valued at $23,220 using the latest closing price.
SHAW L EDWARD JR, the Director of Enhabit Inc, purchase 10,000 shares at $11.98 during a trade that took place back on May 22, which means that SHAW L EDWARD JR is holding 38,989 shares at $119,800 based on the most recent closing price.
Stock Fundamentals for EHAB
Current profitability levels for the company are sitting at:
- +9.11 for the present operating margin
- +47.85 for the gross margin
The net margin for Enhabit Inc stands at -3.77. The total capital return value is set at 6.64, while invested capital returns managed to touch -2.85. Equity return is now at value -8.78, with -4.32 for asset returns.
Based on Enhabit Inc (EHAB), the company’s capital structure generated 84.29 points at debt to equity in total, while total debt to capital is 45.74. Total debt to assets is 40.40, with long-term debt to equity ratio resting at 79.29. Finally, the long-term debt to capital ratio is 43.02.
When we switch over and look at the enterprise to sales, we see a ratio of 1.02, with the company’s debt to enterprise value settled at 0.48. The receivables turnover for the company is 6.58 and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.
To put it simply, Enhabit Inc (EHAB) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.