A new trading day began on Friday, with Ensign Group Inc (NASDAQ: ENSG) stock price up 4.87% from the previous day of trading, before settling in for the closing price of $136.17. ENSG’s price has ranged from $89.79 to $142.01 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 15.98% over the last five years. Meanwhile, its annual earnings per share averaged 13.54%. With a float of $55.09 million, this company’s outstanding shares have now reached $56.60 million.
The firm has a total of 35300 workers. Let’s measure their productivity.
Ensign Group Inc (ENSG) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Medical Care Facilities Industry. The insider ownership of Ensign Group Inc is 3.55%, while institutional ownership is 95.58%. The most recent insider transaction that took place on Jul 15 ’24, was worth 422,040. In this transaction President and COO of this company sold 3,099 shares at a rate of $136.19, taking the stock ownership to the 42,629 shares. Before that another transaction happened on Jul 12 ’24, when Company’s President and COO sold 7,519 for $135.04, making the entire transaction worth $1,015,398. This insider now owns 42,629 shares in total.
Ensign Group Inc (ENSG) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.2 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 16.56% growth over the previous five years of trading.
Ensign Group Inc (NASDAQ: ENSG) Trading Performance Indicators
Here are Ensign Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.08. Likewise, its price to free cash flow for the trailing twelve months is 40.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.90, a number that is poised to hit 1.36 in the next quarter and is forecasted to reach 5.98 in one year’s time.
Technical Analysis of Ensign Group Inc (ENSG)
Analysing the last 5-days average volume posted by the [Ensign Group Inc, ENSG], we can find that recorded value of 0.44 million was better than the volume posted last year of 0.3 million. As of the previous 9 days, the stock’s Stochastic %D was 48.97%. Additionally, its Average True Range was 3.69.
During the past 100 days, Ensign Group Inc’s (ENSG) raw stochastic average was set at 96.53%, which indicates a significant increase from 94.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.71% in the past 14 days, which was higher than the 19.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $124.90, while its 200-day Moving Average is $116.53. Now, the first resistance to watch is $145.91. This is followed by the second major resistance level at $149.03. The third major resistance level sits at $154.19. If the price goes on to break the first support level at $137.63, it is likely to go to the next support level at $132.47. Should the price break the second support level, the third support level stands at $129.35.
Ensign Group Inc (NASDAQ: ENSG) Key Stats
With a market capitalization of 8.16 billion, the company has a total of 56,923K Shares Outstanding. Currently, annual sales are 3,729 M while annual income is 209,400 K. The company’s previous quarter sales were 1,036 M while its latest quarter income was 71,010 K.
