Company’s 36-month beta value is 1.43.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for EHAB is 43.97M, and currently, short sellers hold a 2.77% ratio of that floaft. The average trading volume of EHAB on November 28, 2024 was 636.49K shares.
EHAB) stock’s latest price update
The stock price of Enhabit Inc (NYSE: EHAB) has dropped by 0.00 compared to previous close of 7.62. Despite this, the company has seen a gain of 2.14% in its stock price over the last five trading days. businesswire.com reported 2024-11-19 that DALLAS–(BUSINESS WIRE)–Enhabit, Inc. (NYSE: EHAB), a leading home health and hospice provider, today announced its participation in the upcoming BofA Securities 2024 Home Care Conference. Enhabit’s President and Chief Executive Officer Barb Jacobsmeyer, incoming Chief Financial Officer Ryan Solomon, and Senior Vice President of Strategic Finance & Treasurer Jobie Williams will participate in a fireside chat on Tuesday, Dec. 10, at 9:00 a.m. EST. The fireside chat will be webcast live and.
EHAB’s Market Performance
Enhabit Inc (EHAB) has experienced a 2.14% rise in stock performance for the past week, with a 9.17% rise in the past month, and a -10.77% drop in the past quarter. The volatility ratio for the week is 3.67%, and the volatility levels for the past 30 days are at 4.48% for EHAB.. The simple moving average for the past 20 days is 1.01% for EHAB’s stock, with a -14.35% simple moving average for the past 200 days.
Analysts’ Opinion of EHAB
Many brokerage firms have already submitted their reports for EHAB stocks, with Leerink Partners repeating the rating for EHAB by listing it as a “Market Perform.” The predicted price for EHAB in the upcoming period, according to Leerink Partners is $8.50 based on the research report published on May 14, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see EHAB reach a price target of $8.75, previously predicting the price at $14. The rating they have provided for EHAB stocks is “Hold” according to the report published on May 09th, 2024.
UBS gave a rating of “Neutral” to EHAB, setting the target price at $9.50 in the report published on March 07th of the current year.
EHAB Trading at 1.90% 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 -35.09% of loss for the given period.
Volatility was left at 4.48%, however, over the last 30 days, the volatility rate increased by 3.67%, as shares surge +9.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.62% lower at present.
During the last 5 trading sessions, EHAB rose by +2.14%, which changed the moving average for the period of 200-days by -14.00% in comparison to the 20-day moving average, which settled at $7.54. In addition, Enhabit Inc saw -26.38% 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 Bolton Jeffrey, who purchase 7,000 shares at the price of $7.77 back on Nov 08 ’24. After this action, Bolton Jeffrey now owns 91,144 shares of Enhabit Inc, valued at $54,377 using the latest closing price.
Bolton Jeffrey, the Director of Enhabit Inc, purchase 3,000 shares at $7.60 during a trade that took place back on Nov 12 ’24, which means that Bolton Jeffrey is holding 94,144 shares at $22,800 based on the most recent closing price.
Stock Fundamentals for EHAB
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.46 for the gross margin
The net margin for Enhabit Inc stands at -0.11. The total capital return value is set at -0.06. Equity return is now at value -18.77, with -8.46 for asset returns.
Based on Enhabit Inc (EHAB), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.95. The interest coverage ratio of the stock is -1.53.
Currently, EBITDA for the company is -16.5 million with net debt to EBITDA at -14.2. When we switch over and look at the enterprise to sales, we see a ratio of 0.89. The receivables turnover for the company is 6.87for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.
Conclusion
In a nutshell, Enhabit Inc (EHAB) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
