The stock price of Ensign Group Inc (NASDAQ: ENSG) has plunged by -0.25 when compared to previous closing price of 146.34, but the company has seen a 0.91% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-22 that Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Is It Worth Investing in Ensign Group Inc (NASDAQ: ENSG) Right Now?
The price-to-earnings ratio for Ensign Group Inc (NASDAQ: ENSG) is above average at 35.33x. The 36-month beta value for ENSG is also noteworthy at 0.92. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
The public float for ENSG is 55.31M, and at present, short sellers hold a 3.99% of that float. The average trading volume of ENSG on November 28, 2024 was 579.74K shares.
ENSG’s Market Performance
The stock of Ensign Group Inc (ENSG) has seen a 0.91% increase in the past week, with a -6.97% drop in the past month, and a -2.74% fall in the past quarter. The volatility ratio for the week is 1.92%, and the volatility levels for the past 30 days are at 2.71% for ENSG. The simple moving average for the past 20 days is -1.34% for ENSG’s stock, with a 9.42% simple moving average for the past 200 days.
Analysts’ Opinion of ENSG
Many brokerage firms have already submitted their reports for ENSG stocks, with UBS repeating the rating for ENSG by listing it as a “Buy.” The predicted price for ENSG in the upcoming period, according to UBS is $175 based on the research report published on November 21, 2024 of the current year 2024.
Macquarie, on the other hand, stated in their research note that they expect to see ENSG reach a price target of $134. The rating they have provided for ENSG stocks is “Outperform” according to the report published on June 28th, 2024.
Berenberg gave a rating of “Buy” to ENSG, setting the target price at $110 in the report published on September 28th of the previous year.
ENSG Trading at -1.62% from the 50-Day Moving Average
After a stumble in the market that brought ENSG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.87% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares sank -6.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.32% lower at present.
During the last 5 trading sessions, ENSG rose by +0.91%, which changed the moving average for the period of 200-days by +24.28% in comparison to the 20-day moving average, which settled at $147.96. In addition, Ensign Group Inc saw 30.10% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ENSG starting from Shaw Daren, who sale 2,000 shares at the price of $145.32 back on Nov 15 ’24. After this action, Shaw Daren now owns 27,725 shares of Ensign Group Inc, valued at $290,638 using the latest closing price.
Shaw Daren, the Director of Ensign Group Inc, proposed sale 875 shares at $144.25 during a trade that took place back on Nov 15 ’24, which means that Shaw Daren is holding shares at $126,220 based on the most recent closing price.
Stock Fundamentals for ENSG
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.14 for the gross margin
The net margin for Ensign Group Inc stands at 0.06. The total capital return value is set at 0.07. Equity return is now at value 14.97, with 5.51 for asset returns.
Based on Ensign Group Inc (ENSG), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 2.26. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 31.54.
Currently, EBITDA for the company is 353.24 million with net debt to EBITDA at 4.08. When we switch over and look at the enterprise to sales, we see a ratio of 2.41. The receivables turnover for the company is 7.37for trailing twelve months and the total asset turnover is 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.56.
Conclusion
In summary, Ensign Group Inc (ENSG) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
