The Ensign Group (NASDAQ:ENSG)‘s stock had its “buy” rating reiterated by Royal Bank of Canada in a note issued to investors on Monday.

A number of other brokerages have also weighed in on ENSG. Cantor Fitzgerald increased their price target on The Ensign Group from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. ValuEngine lowered The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. BidaskClub lowered The Ensign Group from a “buy” rating to a “hold” rating in a research note on Tuesday, December 5th. Stifel Nicolaus set a $22.00 price target on The Ensign Group and gave the stock a “hold” rating in a research note on Friday, February 9th. Finally, SunTrust Banks set a $29.00 price target on The Ensign Group and gave the stock a “buy” rating in a research note on Friday, February 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.25.

Shares of The Ensign Group (ENSG) opened at $25.68 on Monday. The company has a market capitalization of $1,308.23, a price-to-earnings ratio of 33.79 and a beta of 0.81. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.61. The Ensign Group has a fifty-two week low of $16.50 and a fifty-two week high of $26.07.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Thursday, February 8th. The company reported $0.40 EPS for the quarter, meeting analysts’ consensus estimates of $0.40. The firm had revenue of $487.70 million for the quarter, compared to analysts’ expectations of $457.91 million. The Ensign Group had a return on equity of 13.87% and a net margin of 2.19%. The Ensign Group’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.30 EPS. equities research analysts forecast that The Ensign Group will post 1.48 earnings per share for the current year.

In related news, Director Antoinette T. Hubenette sold 18,330 shares of the stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $23.70, for a total value of $434,421.00. Following the transaction, the director now directly owns 44,456 shares of the company’s stock, valued at approximately $1,053,607.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Barry Port sold 10,000 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the transaction, the vice president now directly owns 134,684 shares in the company, valued at $3,232,416. The disclosure for this sale can be found here. In the last three months, insiders have sold 100,470 shares of company stock worth $2,434,971. Corporate insiders own 6.20% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of ENSG. Eversept Partners LLC purchased a new position in shares of The Ensign Group in the 4th quarter worth $7,379,000. Russell Investments Group Ltd. raised its position in shares of The Ensign Group by 59.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 502,129 shares of the company’s stock worth $11,342,000 after buying an additional 186,533 shares during the period. Amundi Pioneer Asset Management Inc. purchased a new position in shares of The Ensign Group in the 4th quarter worth $3,951,000. LSV Asset Management raised its position in shares of The Ensign Group by 20.7% in the 4th quarter. LSV Asset Management now owns 952,070 shares of the company’s stock worth $21,135,000 after buying an additional 163,007 shares during the period. Finally, BlackRock Inc. raised its position in shares of The Ensign Group by 2.4% in the 4th quarter. BlackRock Inc. now owns 6,156,602 shares of the company’s stock worth $136,676,000 after buying an additional 145,405 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

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The Ensign Group Company Profile

The Ensign Group, Inc, through its operating subsidiaries, provides healthcare services across the post-acute care continuum, as well as other ancillary businesses located in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, Oregon, South Carolina, Texas, Utah, Washington and Wisconsin.

Analyst Recommendations for The Ensign Group (NASDAQ:ENSG)

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