In the past week, EHAB stock has gone down by -17.02%, with a monthly decline of -24.22% and a quarterly plunge of -6.85%. The volatility ratio for the week is 3.53%, and the volatility levels for the last 30 days are 3.30% for Enhabit Inc The simple moving average for the past 20 days is -18.39% for EHAB’s stock, with a -21.07% simple moving average for the past 200 days.
Is It Worth Investing in Enhabit Inc (NYSE: EHAB) Right Now?
The stock has a 36-month beta value of 1.45. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for EHAB is 44.02M, and at present, short sellers hold a 7.02% of that float. On May 09, 2024, the average trading volume of EHAB was 562.10K shares.
EHAB) stock’s latest price update
The stock price of Enhabit Inc (NYSE: EHAB) has dropped by -14.54 compared to previous close of 9.70. Despite this, the company has seen a fall of -17.02% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that Enhabit (EHAB) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.09 per share a year ago.
Analysts’ Opinion of EHAB
UBS, on the other hand, stated in their research note that they expect to see EHAB reach a price target of $9.50. The rating they have provided for EHAB stocks is “Neutral” according to the report published on March 07th, 2024.
TD Cowen gave a rating of “Market Perform” to EHAB, setting the target price at $12 in the report published on December 12th of the previous year.
EHAB Trading at -19.80% 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 -43.18% of loss for the given period.
Volatility was left at 3.30%, however, over the last 30 days, the volatility rate increased by 3.53%, as shares sank -22.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.71% lower at present.
During the last 5 trading sessions, EHAB fell by -16.12%, which changed the moving average for the period of 200-days by -40.53% in comparison to the 20-day moving average, which settled at $10.04. In addition, Enhabit Inc saw -19.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EHAB starting from Langham Ronald Leroy JR, who sale 634 shares at the price of $8.81 back on Mar 01 ’24. After this action, Langham Ronald Leroy JR now owns 57,164 shares of Enhabit Inc, valued at $5,586 using the latest closing price.
Bolton Jeffrey, the Director of Enhabit Inc, purchase 2,000 shares at $11.61 during a trade that took place back on May 26 ’23, which means that Bolton Jeffrey is holding 19,597 shares at $23,220 based on the most recent closing price.
Stock Fundamentals for EHAB
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.48 for the gross margin
The net margin for Enhabit Inc stands at -0.08. The total capital return value is set at -0.04. Equity return is now at value -11.72, with -5.59 for asset returns.
Based on Enhabit Inc (EHAB), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.84. The interest coverage ratio of the stock is -1.11.
Currently, EBITDA for the company is 69.1 million with net debt to EBITDA at 8.37. When we switch over and look at the enterprise to sales, we see a ratio of 0.95. The receivables turnover for the company is 6.24for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.
Conclusion
To sum up, Enhabit Inc (EHAB) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
