Credit Suisse Group reaffirmed their outperform rating on shares of Encompass Health (NYSE:EHC) in a report released on Friday, March 16th. Credit Suisse Group currently has a $65.00 target price on the stock, up from their previous target price of $61.00.
A number of other brokerages have also recently commented on EHC. Piper Jaffray restated a hold rating on shares of Encompass Health in a research report on Thursday, March 1st. Bank of America upgraded Encompass Health from an underperform rating to a neutral rating in a research report on Thursday, January 4th. Craig Hallum reaffirmed a buy rating and issued a $60.00 price objective (up from $54.00) on shares of Encompass Health in a research note on Tuesday, January 9th. Finally, ValuEngine raised Encompass Health from a hold rating to a buy rating in a research note on Monday, February 5th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of $62.33.
EHC stock traded down $1.42 during trading hours on Friday, hitting $57.58. 534,303 shares of the stock were exchanged, compared to its average volume of 606,265. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.36 and a quick ratio of 1.36. Encompass Health has a 12 month low of $42.21 and a 12 month high of $59.70. The stock has a market capitalization of $5,650.84, a price-to-earnings ratio of 20.86, a PEG ratio of 1.30 and a beta of 0.38.
Encompass Health (NYSE:EHC) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.70 EPS for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.04. Encompass Health had a return on equity of 20.59% and a net margin of 6.45%. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. research analysts expect that Encompass Health will post 3.36 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Monday, April 2nd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.74%. The ex-dividend date is Thursday, March 29th. Encompass Health’s dividend payout ratio (DPR) is presently 36.23%.
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Encompass Health Company Profile
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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