Enhabit Inc (NYSE: EHAB) is -24.25% lower on its value in year-to-date trading and has touched a low of $7.12 and a high of $12.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EHAB stock was last observed hovering at around $8.01 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $7.84, the stock is -3.74% and -11.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.61 million and changing -2.12% at the moment leaves the stock -18.93% off its SMA200. EHAB registered -38.02% loss for a year compared to 6-month loss of -27.68%.
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The stock witnessed a -11.01% gain in the last 1 month and extending the period to 3 months gives it a -16.60%, and is -1.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.52% over the week and 4.64% over the month.
Enhabit Inc (EHAB) has around 10800 employees, a market worth around $394.20M and $1.04B in sales. Fwd P/E is 24.31. Profit margin for the company is -0.84%. Distance from 52-week low is 10.11% and -39.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.71%).
The EPS is expected to grow by 29.14% this year
254.0 institutions hold shares in Enhabit Inc (EHAB), with institutional investors hold 108.36% of the company’s shares. The shares outstanding are 50.05M, and float is at 44.00M with Short Float at 7.50%. Institutions hold 105.59% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.69 million shares valued at $68.58 million. The investor’s holdings represent 15.3468 of the EHAB Shares outstanding. As of 2024-06-30, the second largest holder is DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) with 5.0 million shares valued at $44.58 million to account for 9.9755 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.6 million shares representing 7.1924 and valued at over $32.14 million, while 8 KNOTS MANAGEMENT, LLC holds 6.4807 of the shares totaling 3.25 million with a market value of $28.96 million.
Enhabit Inc (EHAB) Insider Activity
The most recent transaction is an insider purchase by Bolton Jeffrey, the company’s Director. SEC filings show that Bolton Jeffrey bought 5,000 shares of the company’s common stock on Aug 22 ’24 at a price of $8.01 per share for a total of $40050.0. Following the purchase, the insider now owns 78877.0 shares.
Enhabit Inc disclosed in a document filed with the SEC on Aug 09 ’24 that Bolton Jeffrey (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Aug 09 ’24 and was made at $8.29 per share for $41450.0. Following the transaction, the insider now directly holds 73877.0 shares of the EHAB stock.
Still, SEC filings show that on Aug 08 ’24, Bolton Jeffrey (Director) acquired 2,000 shares at an average price of $8.60 for $17200.0. The insider now directly holds 68,877 shares of Enhabit Inc (EHAB).
