Enhabit, Inc. (NYSE:EHAB) Receives Consensus Rating of “Moderate Buy” from Analysts

Enhabit, Inc. (NYSE:EHAB) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $11.50.

Several research firms recently issued reports on EHAB. UBS Group upgraded shares of Enhabit from a “neutral” rating to a “buy” rating and increased their price target for the stock from $8.50 to $12.00 in a research report on Thursday. Truist Financial set a $10.50 target price on Enhabit and gave the company a “hold” rating in a report on Wednesday, January 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Enhabit in a report on Monday, December 29th. Wolfe Research set a $12.00 price objective on Enhabit in a research report on Thursday. Finally, Cowen upgraded shares of Enhabit to a “buy” rating in a research note on Tuesday.

Institutional Investors Weigh In On Enhabit

A number of hedge funds and other institutional investors have recently bought and sold shares of EHAB. AQR Capital Management LLC increased its holdings in Enhabit by 115.6% in the 1st quarter. AQR Capital Management LLC now owns 215,341 shares of the company’s stock worth $1,867,000 after purchasing an additional 115,456 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Enhabit by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,813 shares of the company’s stock worth $262,000 after purchasing an additional 1,248 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Enhabit by 110,987.5% in the first quarter. Jones Financial Companies Lllp now owns 8,887 shares of the company’s stock valued at $78,000 after buying an additional 8,879 shares during the period. Empowered Funds LLC raised its holdings in Enhabit by 8.4% in the 1st quarter. Empowered Funds LLC now owns 190,514 shares of the company’s stock valued at $1,675,000 after buying an additional 14,690 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in Enhabit during the 1st quarter worth approximately $114,000.

Enhabit Stock Performance

NYSE EHAB opened at $10.18 on Tuesday. The firm has a 50-day moving average price of $9.05 and a two-hundred day moving average price of $8.21. Enhabit has a 12-month low of $6.47 and a 12-month high of $10.90. The company has a market capitalization of $515.03 million, a P/E ratio of -40.71 and a beta of 1.66. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 0.75.

Enhabit (NYSE:EHAB) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.05. Enhabit had a positive return on equity of 3.91% and a negative net margin of 1.14%.The business had revenue of $263.60 million during the quarter, compared to analysts’ expectations of $267.08 million. Enhabit has set its FY 2025 guidance at 0.500-0.560 EPS. Analysts anticipate that Enhabit will post 0.22 earnings per share for the current year.

About Enhabit

Enhabit, Inc (NYSE: EHAB) is a national provider of home-based healthcare services, offering a continuum of care designed to support patients in the comfort of their own homes. The company’s core mission is to deliver personalized clinical and non-clinical services that help individuals recover from illness or injury, manage chronic conditions, and, when necessary, receive compassionate end-of-life care. Enhabit’s business model centers on combining skilled clinical care with patient-centric service coordination to optimize outcomes and enhance the overall care experience.

The company’s service portfolio includes skilled nursing, physical, occupational and speech therapies, personal care assistance, palliative care and hospice services.