Shares of Encompass Health Corp (AMEX:EHC) have been given an average recommendation of “Hold” by the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $58.22.
Several research firms recently issued reports on EHC. Zacks Investment Research raised shares of Encompass Health from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Tuesday, January 30th. Credit Suisse Group began coverage on shares of Encompass Health in a report on Wednesday, January 17th. They set an “outperform” rating and a $58.00 price objective for the company. Royal Bank of Canada upped their price objective on shares of Encompass Health to $64.00 and gave the stock an “outperform” rating in a report on Thursday, March 1st. Stephens reaffirmed a “buy” rating and set a $55.00 price objective on shares of Encompass Health in a report on Friday, January 12th. Finally, Wells Fargo began coverage on shares of Encompass Health in a report on Tuesday, January 30th. They set a “market perform” rating and a $56.00 price objective for the company.
A number of institutional investors have recently modified their holdings of the business. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in Encompass Health in the 4th quarter valued at $65,366,000. Eagle Asset Management Inc. acquired a new position in shares of Encompass Health in the 4th quarter valued at $53,001,000. Carillon Tower Advisers Inc. acquired a new position in shares of Encompass Health in the 4th quarter valued at $37,984,000. Copeland Capital Management LLC acquired a new position in shares of Encompass Health in the 4th quarter valued at $28,117,000. Finally, Dalton Greiner Hartman Maher & Co. acquired a new position in shares of Encompass Health in the 4th quarter valued at $16,395,000. 93.18% of the stock is owned by hedge funds and other institutional investors.
Shares of Encompass Health (AMEX:EHC) traded down $0.42 during midday trading on Friday, reaching $57.67. 620,391 shares of the company were exchanged, compared to its average volume of 618,344. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $5,670.00, a price-to-earnings ratio of 21.28, a P/E/G ratio of 1.70 and a beta of 0.48. Encompass Health has a 1 year low of $40.86 and a 1 year high of $59.29.
Encompass Health (AMEX:EHC) last posted its quarterly earnings data on Monday, February 26th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.06. The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $1 billion. Encompass Health had a net margin of 8.67% and a return on equity of 23.56%. Encompass Health’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.72 EPS. analysts anticipate that Encompass Health will post 2.72 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date is Thursday, March 29th. Encompass Health’s dividend payout ratio (DPR) is presently 36.90%.
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About Encompass Health
Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.
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