Encompass Health Sees Unusually High Options Volume (AMEX:EHC)

Encompass Health Corp (AMEX:EHC) saw unusually large options trading on Tuesday. Investors bought 2,598 call options on the stock. This represents an increase of 1,632% compared to the average daily volume of 150 call options.

EHC has been the subject of several research reports. UBS Group boosted their price objective on shares of Encompass Health from $80.00 to $87.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. BMO Capital Markets increased their price objective on shares of Encompass Health from $85.00 to $88.00 and gave the stock an “outperform” rating in a research report on Tuesday. Credit Suisse Group raised their target price on shares of Encompass Health from $77.00 to $89.00 and gave the company an “outperform” rating in a research note on Wednesday. Wells Fargo & Co lowered shares of Encompass Health from a “market perform” rating to an “underperform” rating and set a $68.00 target price on the stock. in a report on Wednesday, December 11th. Finally, Jefferies Financial Group upped their price target on shares of Encompass Health from to in a research report on Monday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $78.31.

Encompass Health has a one year low of $40.86 and a one year high of $59.29.

Encompass Health (AMEX:EHC) last issued its earnings results on Monday, October 28th. The company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd will be given a $0.28 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.12 dividend on an annualized basis and a dividend yield of ∞.

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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