Encompass Health Corp (NYSE: EHC) is 45.01% higher on its value in year-to-date trading and has touched a low of $57.55 and a high of $95.96 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EHC stock was last observed hovering at around $95.26 in the last trading session, with the day’s gains setting it 1.49%.
Currently trading at $96.75, the stock is 4.58% and 7.22% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 1.56% at the moment leaves the stock 19.58% off its SMA200. EHC registered 38.10% gain for a year compared to 6-month gain of 26.08%. The firm has a 50-day simple moving average (SMA 50) of $90.429 and a 200-day simple moving average (SMA200) of $81.06595.
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The stock witnessed a 6.40% loss in the last 1 month and extending the period to 3 months gives it a 14.38%, and is 4.65% up 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 2.24% over the week and 1.89% over the month.
Encompass Health Corp (EHC) has around 37761 employees, a market worth around $9.73B and $5.07B in sales. Current P/E ratio is 24.66 and Fwd P/E is 20.74. Profit margin for the company is 7.85%. Distance from 52-week low is 68.11% and 0.83% from its 52-week high. The company has generated returns on investments over the last 12 months (8.42%).
Encompass Health Corp quarterly earnings per share for the current quarter are estimated at 0.94 with sales reaching $1.33B over the same period.The EPS is expected to grow by 14.87% this year, but quarterly earnings will post 10.70% year-over-year.
664.0 institutions hold shares in Encompass Health Corp (EHC), with institutional investors hold 99.91% of the company’s shares. The shares outstanding are 100.25M, and float is at 99.08M with Short Float at 1.18%. Institutions hold 98.48% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 10.24 million shares valued at $878.61 million. The investor’s holdings represent 10.262 of the EHC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 9.05 million shares valued at $776.13 million to account for 9.065 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 6.89 million shares representing 6.9062 and valued at over $591.3 million, while INVESCO LTD. holds 5.1013 of the shares totaling 5.09 million with a market value of $436.76 million.
Encompass Health Corp (EHC) Insider Activity
The most recent transaction is an insider sale by COLTHARP DOUGLAS E, the company’s EVP & Chief Financial Officer. SEC filings show that COLTHARP DOUGLAS E sold 12,260 shares of the company’s common stock on Aug 13 ’24 at a price of $86.34 per share for a total of $1.06 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on May 24 ’24, Charbonneau Elissa Joy (Chief Medical Officer) disposed off 10,000 shares at an average price of $85.02 for $0.85 million. The insider now directly holds 18,594 shares of Encompass Health Corp (EHC).
