The Ensign Group, Inc. (NASDAQ:ENSG) CFO Suzanne D. Snapper sold 9,296 shares of the business’s stock in a transaction that occurred on Thursday, January 10th. The stock was sold at an average price of $41.54, for a total value of $386,155.84. Following the sale, the chief financial officer now owns 201,141 shares of the company’s stock, valued at $8,355,397.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of ENSG opened at $41.68 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The Ensign Group, Inc. has a one year low of $21.67 and a one year high of $48.96. The company has a market cap of $2.10 billion, a P/E ratio of 34.73, a PEG ratio of 1.39 and a beta of 0.86.
The Ensign Group (NASDAQ:ENSG) last issued its earnings results on Wednesday, October 31st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.01. The company had revenue of $522.21 million during the quarter, compared to analysts’ expectations of $506.14 million. The Ensign Group had a return on equity of 16.10% and a net margin of 3.86%. The firm’s quarterly revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. As a group, equities analysts predict that The Ensign Group, Inc. will post 1.71 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 31st. Shareholders of record on Monday, December 31st will be issued a $0.047 dividend. This represents a $0.19 annualized dividend and a yield of 0.45%. The ex-dividend date is Friday, December 28th. The Ensign Group’s payout ratio is currently 15.83%.
Several analysts recently commented on the company. Cantor Fitzgerald boosted their price target on The Ensign Group from $42.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, November 2nd. BidaskClub cut The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. Finally, Zacks Investment Research cut The Ensign Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 16th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $40.71.
A number of large investors have recently modified their holdings of the business. State of Alaska Department of Revenue grew its holdings in The Ensign Group by 2.4% in the 4th quarter. State of Alaska Department of Revenue now owns 16,447 shares of the company’s stock valued at $637,000 after buying an additional 390 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in The Ensign Group by 13.5% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,689 shares of the company’s stock valued at $443,000 after buying an additional 1,390 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in The Ensign Group by 10.4% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 14,747 shares of the company’s stock valued at $559,000 after buying an additional 1,395 shares in the last quarter. D.A. Davidson & CO. grew its holdings in The Ensign Group by 3.4% in the 3rd quarter. D.A. Davidson & CO. now owns 53,780 shares of the company’s stock valued at $2,039,000 after buying an additional 1,790 shares in the last quarter. Finally, Swiss National Bank grew its holdings in The Ensign Group by 2.3% in the 3rd quarter. Swiss National Bank now owns 85,800 shares of the company’s stock valued at $3,254,000 after buying an additional 1,900 shares in the last quarter. Institutional investors own 84.13% of the company’s stock.
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About The Ensign Group
The Ensign Group, Inc provides health care services in the post-acute care continuum and other ancillary businesses in the United States. It operates through three segments: Transitional and Skilled Services; Assisted and Independent Living Services; and Home Health and Hospice Services. The Transitional and Skilled Services segment offers a range of medical, nursing, rehabilitative, and pharmacy services, as well as routine services, including daily dietary, social, and recreational services to Medicaid, private pay, managed care, and Medicare payors.
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