Truist Financial Raises The Ensign Group (NASDAQ:ENSG) Price Target to $207.00

The Ensign Group (NASDAQ:ENSG) had its price target hoisted by Truist Financial from $202.00 to $207.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Truist Financial’s target price would indicate a potential upside of 15.30% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Wall Street Zen downgraded shares of The Ensign Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Zacks Research downgraded shares of The Ensign Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings lowered The Ensign Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $228.00 price objective on shares of The Ensign Group in a research note on Tuesday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $216.25.

The Ensign Group Trading Down 1.3%

Shares of NASDAQ ENSG traded down $2.37 during trading on Thursday, reaching $179.53. The stock had a trading volume of 77,625 shares, compared to its average volume of 572,930. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.56 and a current ratio of 1.21. The company has a market cap of $10.46 billion, a P/E ratio of 28.17, a PEG ratio of 1.79 and a beta of 0.69. The Ensign Group has a fifty-two week low of $141.58 and a fifty-two week high of $218.00. The business’s 50-day moving average price is $165.54 and its 200-day moving average price is $183.97.

The Ensign Group (NASDAQ:ENSG) last announced its earnings results on Monday, July 27th. The company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.12. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. The Ensign Group had a return on equity of 16.75% and a net margin of 6.90%.The Ensign Group’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period last year, the business posted $1.59 EPS. The Ensign Group has set its FY 2026 guidance at 7.750-7.850 EPS. On average, equities research analysts predict that The Ensign Group will post 6.82 EPS for the current fiscal year.

Insider Activity at The Ensign Group

In other news, Director Barry M. Smith sold 700 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $164.28, for a total value of $114,996.00. Following the completion of the transaction, the director owned 21,352 shares in the company, valued at approximately $3,507,706.56. This represents a 3.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John O. Agwunobi sold 392 shares of The Ensign Group stock in a transaction on Monday, July 20th. The stock was sold at an average price of $171.06, for a total transaction of $67,055.52. Following the sale, the director owned 9,503 shares in the company, valued at $1,625,583.18. This represents a 3.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,792 shares of company stock valued at $309,599 in the last 90 days. Insiders own 4.00% of the company’s stock.

Hedge Funds Weigh In On The Ensign Group

Institutional investors have recently modified their holdings of the business. Private Trust Co. NA boosted its stake in The Ensign Group by 156.5% during the 4th quarter. Private Trust Co. NA now owns 159 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares during the period. Monetary Solutions Ltd purchased a new position in The Ensign Group in the 4th quarter valued at $30,000. Northwestern Mutual Wealth Management Co. raised its position in The Ensign Group by 55.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 172 shares of the company’s stock worth $30,000 after buying an additional 61 shares during the last quarter. Bayban acquired a new stake in shares of The Ensign Group in the 4th quarter worth $31,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in shares of The Ensign Group in the 1st quarter worth $32,000. 96.12% of the stock is owned by institutional investors and hedge funds.

About The Ensign Group

The Ensign Group, Inc is a diversified provider of post-acute healthcare services in the United States, operating a network of skilled nursing, assisted living, independent living, home health and hospice care centers. The company’s model emphasizes integrated care by employing multidisciplinary teams—including nursing staff, therapists and physicians—to deliver personalized rehabilitation and long-term care services for seniors and other patients recovering from injury, illness or surgery.

Through its owned and managed centers, The Ensign Group offers a broad spectrum of rehabilitation services such as physical, occupational and speech therapy.